BCL Industries, a North Indian agro-processing leader, is riding high on both ethanol contracts and Q2 performance. The company, known for its grain-based ethanol and ENA, secured lucrative ethanol supply deals with Oil Marketing Companies (OMCs) for 2023-24. These contracts, worth a combined Rs. 561 crore, solidify BCL’s position as a major player in this …
Brimming with festive cheer, Diwali illuminated green markets and buoyant consumer sentiments, propelling the Indian economy to a robust 7.2% growth in Q2. Amidst this economic vibrancy, the spotlight turns to the auto industry’s Q2 performance, particularly the volume metrics. Volume Growth Analysis Maruti Suzuki Established in 1981 through a joint venture with Suzuki Motor …
Joy is widespread, and for good cause. The Nifty and Sensex have soared to unprecedented heights, joined by numerous other sectoral indices. Notably, the small and mid-cap indices surpassed the Nifty in reaching new highs. However, the Bank Nifty and IT indices find themselves in a struggle. It appears the Nifty took its time to …
The Nifty50 started the day strongly, opening at 20,601.95 with a significant gap up. It maintained a bullish trend throughout the day after bouncing back from its earlier lows. The main stock indices achieved a record closing, marking the most significant one-day gain in over a year. The market experienced widespread positive movement, with 44 …
At 3 pm, Greaves Cotton shares were trading at Rs 139, up by 5.22%% from its previous closing of Rs 132.10 on the BSE. Foray into the global market Greaves Cotton’s subsidiary, Greaves Electric Mobility (GEMPL) has forayed into the global market with the launch of its first showroom in Nepal in collaboration with the …
Sobha Limited Ltd is a strong breakout candidate for today. The stock price is currently trading at Rs 968 and has witnessed a very clean break-out of the flag and pole chart pattern. The RSI and other parameters of technical analysis are in sync with the breakout. Flag and Pole Chart Pattern Flag and pole …
Sadhana Nitro Chem Limited, a frontrunner in manufacturing intermediate speciality chemicals, is embarking on a transformative journey into the realm of sustainable energy. The company’s visionary moves towards establishing a green hydrogen facility marks a pivotal step in embracing renewable energy sources for its operations. This strategic initiative is set to revolutionise not only the …
These 3 stocks have shown substantial gains in Monday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Munjal Auto Industries Ltd Munjal Auto Industries Ltd has given a volume price breakout on the day chart with the formation of a flag and pole chart pattern. The stock is currently trading at Rs 88.50 …
Reason for the price action Today, shares of Inox Wind Ltd (IWL) surged by 15% and hit a fresh 52-week high at Rs 332.40. The surge came after the company announced that its group company Inox Wind Energy Ltd (IWEL) has completed an infusion of Rs 800 crore into the company. This strategic action marks …
Market Update In today’s trading session, the Sensex experienced a 1.48% surge, and the Nifty demonstrated a 1.54% uptick. Concurrently, Nifty Midcap saw a 1.05% rise and Nifty Smallcap achieved a 1.19% increase. Noteworthy performers leading the upward trend include Nifty PSU Bank, Nifty Realty, and Nifty Bank, whereas Nifty Media and Nifty Pharma emerge …
