With price volume support, Visaka Industries and Chalet Hotels are strong bullish breakout potential stocks. The stock prices have displayed range breakout and pullback, and both presently trading at Rs 115 and Rs 758. The breakout and pullback align with positive signals from technical indicators such as RSI, ADX, and other key metrics, reinforcing the …
On Tuesday, 3i Infotech shares surged 9.62% to trade at a fresh 52-week high of Rs 60.95 from its previous closing of Rs. 55.60 on the BSE. About the work order 3i Infotech has been awarded a work order by M/s Concept Communications on behalf of Bharat Petroleum Corporation (BPCL) as a primary sponsorship of …
As the calendar flips to February 1, 2024, the Securities and Exchange Board of India (Sebi) stands firm on its decision to implement stringent ultimate beneficial ownership norms for overseas investors. Despite pressure from foreign banks and offshore fund managers, Sebi remains resolute, setting the stage for a transformative shift in India’s financial landscape. Sebi’s …
In a significant move towards bolstering Printed Circuit Board (PCB) manufacturing in India, Amber Group has inked a Memorandum of Understanding (MoU) with South Korea’s Korea Circuit, a subsidiary of the YoungPoong group. The partnership, facilitated through Amber’s recent venture Ascent Circuits, is poised to enhance the capabilities of Ascent Circuits, a key player in …
In a dramatic turn of events, Zee Entertainment Enterprises Ltd. witnessed a staggering 32.61% plunge, marking its most substantial drop in five years. The catalyst behind this nosedive was the abrupt cancellation of the planned $10 billion merger with Sony Group Corp., a move that sent shockwaves through the media industry. The Domino Effect Analysts …
These three equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Bharat Road Network Ltd Bharat Road Network Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing the …
In a groundbreaking move, Prime Minister Narendra Modi, fresh from the historic consecration ceremony at the Ram temple in Ayodhya, announced a visionary scheme on January 22. The Prime Minister’s first decision post-Ayodhya is set to illuminate the lives of millions with the launch of the ‘Pradhanmantri Suryoday Yojana,’ targeting the installation of solar rooftops …
In the dynamic landscape of India’s shipping sector, 2023 witnessed remarkable strides, catapulting the nation to the 22nd position in the International Shipment category, according to the World Bank’s Logistics Performance Index (LPI). The unveiling of the Maritime Amrit Kaal Vision 2047 and strategic initiatives underscored India’s commitment to fostering sustainable growth. As the sector …
India benchmark indices are seen oscillating in a tight range with the NSE benchmark Nifty50 index hovering close to the 18,600 mark on Tuesday. The broader markets are seen relatively outperforming the frontline indices with Nifty Midcap and Smallcap index advancing 0.15% and 0.20%, respectively. In this background, one stock that is shining is DB …
About the Contract: Vascon Engineers Limited which is in the construction industry has recently announced the acquisition of a significant contract from Capgemini Technology Services India Ltd. The esteemed project involves construction contracting works for the Chennai Sipcot Base Built Construction Project in Chennai, Tamil Nadu with a total value of Rs 416 crores excluding …
