The Indian government is actively encouraging diversification and growth in manufacturing, particularly in electronics. This article examines the contrasting approaches taken by two major Indian conglomerates, Tata Group and Vedanta Ltd., in response to this push. Tata’s Calculated Step Tata Group, a well-established conglomerate, recently acquired Wistron InfoComm Manufacturing (India) Private Ltd. (WMMI) for USD …
Oil companies play a dominant role in the energy industry, fueling our vehicles and powering our economies. Investors are always interested in identifying where the best values lie within this critical sector. Recently, there’s been a growing buzz about the potential undervaluation of Indian oil companies compared to their global counterparts. Let’s dive into the …
The broader market showed mixed performance, with the Nifty Mid-cap closing lower by 0.12%, while the Nifty Small-cap surged by 0.28%. Market volatility, as indicated by the India VIX, marginally surged by 0.82%, reflecting a slight increase in market volatility. Among the sectors, Nifty Realty, Nifty IT, and Nifty Auto were among the top gainers, …
Havells India Ltd. is a leading developer of electrical and power distribution equipment. Established in 1971 by Qimat Rai Gupta, the company operates through various segments including switchgear, Cables, Lighting and Fixtures, Electrical Consumer Durables, and Lloyd Consumer. Headquartered in Noida, India, Havells has established itself as a prominent player in the electrical goods sector. …
These three equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Orient Ceratech Ltd Orient Ceratech Ltd stock showed strong movement today, bouncing back from its 50-day Exponential Moving Average (EMA) a while ago. It broke out from its 52-week high, indicating positive momentum. After consolidating for three months, …
Tata Motors and Adani Total Gas are identified as potential bullish stocks based on technical analysis. Both stocks have displayed promising technical patterns, including price volume support and a potential to breakout. Currently trading at Rs 961.90 and Rs 1,064.80, respectively, their price structures align with positive signals from technical indicators like RSI and ADX, …
Traction towards small-cap stocks has been increasing since the rally started in the Indian market, and it is evident why investors are keen to track them. Small-cap stocks have demonstrated a proven rally, outperformed other categories, and delivered impressive returns over the period. Finding stocks on the verge of a breakout is a challenge, given …
Today the NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 22,198, registering a significant rise of 76.30 points or a 0.34% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,095, reflecting a gain of around 305 points. Among all the stocks listed …
Investor wealth has shot up by Rs 3.35 lakh crore (trillion) over a two-day rally of the markets, reports say. The benchmark index, BSE Sensex gained over 476 points, an increase of 0.82 per cent on Wednesday, to close at an unprecedented peak of a little over 58,723 points. Earlier, on Tuesday, the Sensex had …
Cause of Rallying From March 2020 Lows Why was there a rally from the lows of March 2020? Experts say that the rally took place because of global central bankers releasing stimulus packages having low-interest rates. Moreover, valuations took place in such a manner that caused many to believe in an untrue version of companies. …
