Zensar Technologies Limited has delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 221.75 on October 20, 2022, to Rs 515 on October 20, 2023, an increase of more than 100% in a one-year holding period. An investment of Rs 1 lakh in …
During Monday’s deals, the shares of Lloyds Metals & Energy Limited zoomed by 1.68%. Furthermore, the script witnessed a spurt in volume by more than 1.96 times. The company’s current market capitalisation is Rs 31,541.42 crore. Technical outlook As of December 11, 2023, the stock’s 200-day moving average (DMA) stood at Rs 461.94, while the …
In the fast-paced world of stock markets, investors often seek more than just the ordinary. Corporate announcements, from buybacks to mergers and acquisitions, create waves, attracting those looking for quick gains. However, for the astute investor, the real treasure lies in understanding the nuances of mispriced shares. This artful strategy, known as special situation investment, …
Trending article Hindustan Aeronautics Limited has churned multibagger returns to its shareholders in the last three years. During this period, the company’s share price jumped from Rs 428.40 on December 11, 2020, to Rs 2,787.20 on December 11, 2023, an increase of more than 500%. An investment of Rs 1 lakh in the shares of …
Today, the Nifty50 once again reached a new all-time high of 21,026.1 before closing at 20,997.1, up by 27.7 points or 0.13% compared to the previous close. The market exhibited a bullish trend, experiencing a slight struggle between bulls and bears, resulting in a Doji-like candle formation with wicks on both sides. Among the top …
Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 index commenced trading at 20,965.30 and eventually concluded at 20,997.10, marking a moderate increase of 27.70 points or 0.13% compared to the previous day’s closing level of 20969.40. Meanwhile, the BSE Sensex concluded at 69,928.53, reflecting an …
During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index gaining 0.15% and the Nifty-50 Index gaining 0.13%. Additionally, the Nifty Mid-cap Index increased by 0.74%, whereas the Nifty Small-cap Index, finished the session up by 0.84%. Nifty PSU Bank Index and Nifty Metals Index …
The Indian frontline indices experienced notable upward movement, driven by robust gains in the utilities, power, metals, and capital goods sectors. The impressive sectoral performance enabled the BSE Sensex, a key benchmark indicator, to surpass the historic 70,000 level. Additionally, the broader indices outperformed the main indices. Tata Motors has consistently been in the spotlight …
Jammu & Kashmir Bank is a strong positive breakout candidate with price volume support. The stock price is currently trading at Rs 121 and has witnessed the formation of an ascending triangle chart pattern. The RSI, ADX, and other parameters of technical analysis are in sync with the breakout. Ascending Triangle Chart Pattern An ascending …
These 3 stocks have shown substantial gains in Monday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Energy Development Co Ltd Energy Development Corporation’s stock has given a volume price breakout on the day chart by taking 50-day EMA support last week. The stock is currently trading at Rs 26.15 and has seen …
