Posts tagged All News
Tube Investments shares 1.34% as Nifty falls (04-11-2024)
The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3082.55.
Rajeesh’s Portfolio (04-11-2024)
Sold off Trent and Infosys and added Motilal Oswal Financial services and KPIT Tech.
Motilal Oswal – Rationale – In a Sweetspot to take advantage of boom in wealthy indians and Broking as stock demat accounts reach sky high. It caters to the investment rationale of taking advantage of K shaped recovery in India
KPIT Tech -Rationale- It caters to the investment rationale of taking advantage of falling rupee and booming EV ecosystem across the world. It has a stronger project pipeline than Infosys. Pretty much it has given a huge run up but just now got a chance to offload a giant like Infosys and switch to KPIT as it has recently facing brunt of demand slowdown due to Chinese players entry and off shoring in Europe. However, it seems to be minor blip even the management has not reduced its guidance. It has gone to post 17th consecutive quarter on quarter growth. Better to be part of the journey on a longer term
IndiGo, Vodafone Idea among 5 stocks with short buildup (04-11-2024)
A short buildup occurs with rising open interest and trading volumes alongside falling stock prices, indicating trader expectations of further declines. On Monday, five stocks showed fresh short positions.
Bharat Forge shares 0.94% as Sensex falls (04-11-2024)
The stock quoted a 52-week high of Rs 1826.20 and a 52-week low of Rs 1015.60.
SSWL slips after net turnover slides 6% YoY in October (04-11-2024)
Steel Strips Wheels (SSWL) slipped 2.94% to Rs 201.15 after the company achieved net turnover of Rs 370.05 crore in October 2024, down 6.48% from Rs 395.67 crore posted in October 2023.
India’s forex reserves decline by $3.463 billion to $684.805 billion (04-11-2024)
For the week ended October 25, foreign currency assets, a major component of the reserves, decreased by $4.484 billion to $593.751 billion.
Sandip Sabharwal sees limited downside for Nifty, Sensex despite US election-driven uncertainty (04-11-2024)
On the largecap side, yes. So, as the results have trickled in and based on price movements, on the largecap side, few clear winners seem to be visible. If we see on the auto side, Mahindra & Mahindra, the way they have delivered on festival season numbers as well as the pickup in tractor sales and we have recently seen a correction in the stock price, so that looks reasonable. Bhati Airtel, again, the pickup in arpus has been quite strong and next two-three years should be quite good.
Share price of Lupin as Sensex drops 1202.42 points (04-11-2024)
Promoters held 46.68 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 21.5 per cent and 16.89 per cent, respectively.