Canara Bank shares gain 1.58% as Sensex falls (24-10-2024)
On the technical charts, the RSI of the stock stood at 37.32.
KPIT – CASE (connected, autonomous, shared, electric) – Focused Automotive Play (24-10-2024)
Jeffries downgraded Price Target from 2000 to 1900 but still maintains Outperform rating. I assume market is not taking fund raise very positively for now along with high PE. Many hifg PE companies are getting the hit and money seems to be moving to more reasonable (low PE) names now.
Stock market update: Mining stocks up as market falls (24-10-2024)
The 30-share BSE Sensex was down 94.93 points at 79987.05
IDFC First Bank, Bank of Baroda among 5 stocks with long buildup (24-10-2024)
On Thursday, five stocks experienced a long buildup, indicated by rising open interest and trading volumes alongside increasing stock prices.
India’s business sector robust growth continues in October (24-10-2024)
A quicker upturn in new work intakes encouraged companies to scale up business activity and recruit additional workers. The uptick in growth momentum was accompanied by an intensification of price pressures.
2nd time in 20 yrs, manufacturing jobs outpace sector (24-10-2024)
In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.
Coforge shares jump 14% in 2 days to hit new 52-week high post Q2 results. Should you buy, sell or hold? (24-10-2024)
Coforge shares rose 14%, reaching a 52-week high after reporting a strong quarterly profit. Analysts maintain positive ratings, with target prices ranging from Rs 8,480 to Rs 10,000.
Piramal Pharma hits all time high, soars 13%; here’s what’s driving stock (24-10-2024)
Piramal Pharma’s company’s revenue for the quarter under review stood at Rs 2,242 crore as compared to Rs 1,911 crore which implies an increase of 17 per cent Y-o-Y
KPIT – CASE (connected, autonomous, shared, electric) – Focused Automotive Play (24-10-2024)
10% fall despite good results. Is it because of announcement of fundraise via QIP? Or am I missing something else?