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Royal Orchid Hotels jumps over 6% today; here’s why

Royal Orchid Hotels jumps over 6% today; here’s why

2 January 2024

On Tuesday, Royal Orchid Hotels shares closed at Rs 341.15, up by 6.58% from its previous closing of Rs 320.10 on the BSE. New property in Himachal Pradesh  Royal Orchid & Regenta Hotels, India’s fastest-growing hospitality chain by Royal Orchid Hotels, has opened its 7th property in the picturesque state of Himachal Pradesh. The new …

Breakout stocks of the day: Mahindra Logistics and TCNS Clothing

Breakout stocks of the day: Mahindra Logistics and TCNS Clothing

2 January 2024

Mahindra Logistics and TCNS Clothing are strong positive breakout prospects with price volume support. The stock price, which is currently trading at Rs 424 and Rs 406, has shown a rectangle and inverse head and shoulder breakout, respectively. The breakout is in sync with the RSI, ADX, and other technical analysis metrics. Mahindra Logistics Ltd …

Top 4 breakout stocks trading below Rs. 100

Top 4 breakout stocks trading below Rs. 100

2 January 2024

These four equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. 3i Infotech Ltd Shares of 3i Infotech have given a volume price breakout in addition to a 14-month high breakout. The stock is currently trading at Rs 56.65, and trading activity has increased over the last 3 days. …

These 5 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

These 5 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

2 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,665.80, marking a decline of 76.10 points or 0.35% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,892, reflecting a decline of 380 points. Among all the stocks listed on the …

Auto market update: Analysing the volume growth of auto companies for December 2023

Auto market update: Analysing the volume growth of auto companies for December 2023

2 January 2024

Ever wondered why your neighbour with the questionable fashion sense drives a sparkling new sports car, while you’re stuck chugging coffee out of a chipped mug in your 10-year-old hatchback? Or why do pickup trucks suddenly seem as prevalent as pigeons in every parking lot? Well, grab your wrenches and settle in, because we’re about …

Shares of Gujarat Toolroom touches roof on acquiring mines in Zambia

Shares of Gujarat Toolroom touches roof on acquiring mines in Zambia

2 January 2024

About the Acquisition  Gujarat Toolroom (GTL) has acquired 6 hectares of mines in Zambia, marking a significant stride in its pursuit of sustainable growth. These newly acquired mines boast a rich reservoir of valuable resources, including copper, cobalt, gold, nickel, manganese, emeralds, beryllium, various gemstones, sulphur, zine, coal, iron ore, steel, limestone, uranium, and other …

Market at its peak: Is risk-reward favourable at these levels for investing?

Market at its peak: Is risk-reward favourable at these levels for investing?

2 January 2024

The Indian markets exhibited an impressive performance throughout 2023 despite encountering numerous challenges. The year witnessed a robust bullish momentum, particularly in the final two months, namely November and December 2023. Despite major global events and ongoing conflicts involving Russia and Ukraine, as well as tensions between Israel and Hamas, the overall sentiment remained bullish …

Why stock market goes up in the long term?

Why stock market goes up in the long term?

2 January 2024

Since 1979, the average annual return of Sensex is 17% per annum. This is not just the case with Sensex; the market generally had an upward trajectory, creating a growth pattern, as shown in the image below.  But have you ever wondered why, even after daily ups and downs, the stock market generally goes up …

Promoter buyback signals growth opportunities: Is Emami Ltd a potential buy?

Promoter buyback signals growth opportunities: Is Emami Ltd a potential buy?

2 January 2024

In stock markets, investors are always on the lookout for signals that can guide them toward potentially lucrative opportunities. One such indicator is when company promoters, the individuals with the deepest insights into their own businesses, increase their holdings. Emami Ltd, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, has recently seen its …

Godrej Properties expands footprint with land acquisition and record sales boost

Godrej Properties expands footprint with land acquisition and record sales boost

2 January 2024

Strategic Land Acquisition in Bengaluru Godrej Properties Ltd. (GPL), a prominent player in India’s real estate development, has announced a strategic land acquisition in Yeshwanthpur, Bengaluru. The 4-acre parcel, situated along National Highway – 75, is a prime location estimated to yield approximately 0.7 million square feet of saleable area. This includes premium residential apartments, …

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