A 5-year swing high represents the highest price a stock has reached within a five-year timeframe
Posts in category Economic Times
PFC to trade ex-dividend from Monday. Last day to buy shares for eligibility (22-11-2024)
Power Finance Corporation (PFC) is approaching its ex-dividend date of November 25th, with a planned dividend payout of Rs 3.5 per share. Investors purchasing PFC shares before the ex-dividend date are eligible for the dividend. Several other companies, including Balrampur Chini Mills, EPL Ltd, and Ipca Laboratories, are also approaching their ex-dividend dates.
3 sectoral picks from Sunil Subramaniam for near term (22-11-2024)
So, I would say that where those valuations were a little bit overvalued because the whole market was overvalued, to the extent that the correction is coming there, I would say some fund managers would look at buying those not related to the specific case over a period of the next few days because they are good, solid operating companies which are just sentimentally getting affected by this particular case.
Repeat of Nov ‘2021 to March ‘23 period? Expect a narrower & stock-specific market: Rahul Singh (22-11-2024)
Rahul Singh, CIO of Tata Asset Management, believes the Indian stock market is transitioning from sector-driven trends to a focus on individual stock performance. He anticipates a period of sideways movement with potential earnings growth in FY26. Singh suggests investors prioritize companies with strong fundamentals and reasonable valuations, particularly in the financial and consumption sectors.
Positive Breakout: These 4 stocks cross above their 200 DMAs (22-11-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Shakti Pumps 5:1 bonus issue ex-date on Monday. Do you own? (22-11-2024)
Shakti Pumps shareholders have until today to buy stock and qualify for a 5:1 bonus share issue. The company set November 25th as the record date, meaning anyone holding shares on that day will receive five new shares for each one they own. This marks the company’s second bonus share issuance, following a 1:1 ratio in 2011.
Enviro Infra Engineers IPO opens today: GMP, Price Band, Subscription, Key Dates, Review | Apply or Not (22-11-2024)
Enviro Infra Engineers’ IPO opens today with a price band of Rs 140-148 per share. The issue includes a fresh equity sale and an offer for sale. The company plans to use the proceeds for working capital, subsidiary investment, and debt repayment. The IPO closes on November 26, with listing expected on November 29.
Zinka Logistics shares to debut today. Check GMP to know listing potential (22-11-2024)
Zinka Logistics is set to debut on the stock exchanges on Friday, with expectations of a flat listing. The company’s IPO was met with a decent response from investors. Zinka Logistics, known for its BlackBuck app, empowers truck operators in India by providing solutions for payments, load management, and vehicle financing.
Big movers on D-Street: What should investors do with Paytm, IndiGo and Varun Beverages? (22-11-2024)
Indian equity benchmarks Sensex and Nifty experienced a decline on Thursday, influenced by a sharp drop in Adani group stocks. Market analyst Riyank Arora suggests a buy-on-dips approach for Paytm and recommends buying IndiGo at the current market price. However, he advises caution for Varun Beverages, suggesting investors wait for lower levels before considering long positions.
Indian tycoon Adani’s US indictment spooks investors; bonds fall again (22-11-2024)
The Adani Group’s bonds faced pressure for a second day following fraud charges against founder Gautam Adani by U.S. prosecutors. Despite the group’s denial and assurance to investors, its companies lost billions in market value. U.S. prosecutors allege involvement in a $265 million bribery scheme, leading to arrests and investigations.