The Relative Strength Index of the stock stood at 44.13 on Monday.
Posts in category Economic Times
Share price of Tata Power falls as Nifty strengthens (14-10-2024)
A total of 156,776 shares changed hands on the counter till 12:06PM (IST).
ICICI Lombard shares rise 1.08% as Sensex climbs (14-10-2024)
A total of 2,421 shares changed hands on the counter till 12:00PM (IST)
How stablecoins serve as a bridge between crypto and fiat: Insights from Anush Jafer (14-10-2024)
Stablecoins are crucial in cryptocurrency, offering stable value by being pegged to assets like fiat currencies or other cryptocurrencies. Their types include fiat-collateralized, crypto-backed, and algorithmic. Advantages include price stability, enhanced DeFi access, efficient market transitions, regulatory compliance, and increased liquidity. Top examples are USDT, USDC, DAI, and PayPal USD.
Voltas shares down 0.45% as Nifty gains (14-10-2024)
A total of 6,692 shares changed hands on the counter till 11:56AM (IST).
Lupin shares drop 0.66% as Sensex rises (14-10-2024)
A total of 11,289 shares changed hands on the counter till 11:51AM (IST)
Emkay initiates coverage on Vedanta & Nalco; shares may surge up to 23% (14-10-2024)
Emkay Global has initiated a ‘buy’ rating on Vedanta and Nalco due to strong aluminium market dynamics and price increases, projecting up to 23.5% upside. Key factors for Vedanta include demerger, project delivery, dividends, and deleveraging. Nalco is expected to see solid earnings momentum and attractive valuations.
PNB rises 0.04% as Sensex climbs (14-10-2024)
The stock traded at a P/E multiple of 10.26, while the price-to-book value ratio stood at 1.34.
Cummins India shares drop 0.15% as Sensex rises (14-10-2024)
The stock quoted a 52-week high of Rs 4169.5 and a 52-week low of Rs 1658.65.
Is L&T good to go for as a largecap comeback stock? Neeraj Dewan answers (14-10-2024)
Neeraj Dewan views the current market pressures, particularly in companies like L&T and IT sectors, as investment opportunities. He emphasizes the importance of upcoming quarterly earnings, guidance from IT firms, and festival season sales for market direction, with a focus on identifying value in midcap as well as smallcap stocks.