Posts in category Economic Times
Bharti Hexacom shares jump 12% post listing. Should you buy, sell or hold? (12-04-2024)
The listing pop was expected after it received an overwhelming response, as the issue was subscribed to a whopping almost 30 times. The qualified institutional investors (QIB) led the pack, subscribing 48.57 times their allocation.
Why is IT sector doing well despite many headwinds? Sandip Agarwal explains (12-04-2024)
This year I think I will compare with 2021 when people were very negative in the month of January because they were seeing a lot of impact of COVID and all that and suddenly in March they realised that oh, we need technology to even survive in COVID.
Cryptocurrency Price on April 12: Bitcoin trades above $71,000; Ethereum, Toncoin decline up to 3% (12-04-2024)
The global cryptocurrency market cap rose marginally by 0.13% to around $2.64 trillion in the last 24 hours.
Ambuja Cements stock price down 1.03 per cent as Sensex slides (12-04-2024)
As of 31-Dec-2023, promoters held 0.0 per cent stake in the company, while FIIs held 11.1 per cent and domestic institutional investors had 6.05 per cent.
Chola Inv Finance stock price up 0.15 per cent as Sensex slides (12-04-2024)
As of 31-Dec-2023, promoters held 50.23 per cent stake in the company, while FIIs held 24.73 per cent and domestic institutional investors had 15.02 per cent.
Tata Elxsi shares decline 0.5% as Sensex slides (12-04-2024)
A total of 5,389 shares changed hands on the counter till 12:12PM (IST)
Marico shares gain 0.34% as Sensex falls (12-04-2024)
The stock quoted a 52-week high of Rs 595.0 and a 52-week low of Rs 462.95.
These 4 stocks close crossing below VWAP on April 10 (12-04-2024)
A shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data.
DLF shares gain 0.33% as Sensex falls (12-04-2024)
A total of 58,045 shares changed hands on the counter till 11:57AM (IST)
What to expect from TCS Q4 earnings? Sandip Sabharwal answers (12-04-2024)
So, even a small amount of slippage in expectations can lead to a sell-off. So, I would think that the stock is more than fairly valued at this price. I would believe that the valuations are on the higher side at 196 levels.