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The Nifty has reached an interesting level. It has tested level of 17724.65, and it is nearing the sloping trendline resistance. Now, the question is, will it surpass and sustain above the 17730-17800? Let us examine the pros and cons of the curre
The anchor issue of Syrma SGS Technology Ltd saw a robust response on 11th August 2022 and the announcement was made late on Thursday. The IPO opens on 12th August 2022 in the price band of Rs.209 to Rs.220 and shall close for subscription on 18th Au
Balaji Speciality Chemicals, a subsidiary of listed specialty chemicals player Balaji Amines, has filed the draft red herring prospectus (DRHP) with SEBI for its proposed IPO. The SEBI approval normally takes around 2-3 months post which, if SEBI is
The Gujarat based Adani group plans to invest a sum of Rs57,575 crore in the state of Odisha or approximately $7.25 billion. The investment will be to set up an alumina refinery in the state of Odisha. The chief minister of Odisha, Naveen Patnaik, ha
When the rupee started falling from Rs73/$ and went all the way to Rs80/$, a paper put out by the RBI had raised some concerns. The paper had said that the ideal currency hedging ratio in India was in the range of 65 to 70, which is sufficient to h
TCNS Clothing, V-Guard Industries, and Vaibhav Global Limited have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in ter
Looking for stocks that could deliver good returns by August 16? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a s
The company delivered a stellar performance. Elecon Engineering Company Ltd was established in the year 1951 as the pioneers in the manufacturing of industrial geared motors and reducers, material handling equipment, mining equipment, castin
We have improved demand by innovative wellness products that help people avoid sickness, asserts Dr. Minto Purshotam Gupta, Chairman and Managing Director, Deccan Health Care Ltd. What are your main growth levers?
KPITTECH soared over 4 on Friday The stock of KPIT Technologies is the top buzzing stock on Friday’s trading session, having surged over 4 accompanied by strong volumes. It has registered a breakout from its triangle pattern and ha
On 11th August 2022, Apollo Hospitals announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - Revenue from operations at Rs. 3795.6 crores, up 0.94 over last year. - Reported PBT for the quarter was R
In the early going amid conflicting Asian indications, the major equities barometers are trading with slight losses. While healthcare, pharma, and IT equities fell, demand for real estate, metals, and oil & gas shares increased. Positive marke
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