Considering the daily timeframe, the stock of Tata Motors Limited has given a downward sloping trendline breakout along with robust volume. The stock has also managed to close above the upper Bollinger band and started the band walk, which is a very bullish sign.

The month of August has begun with strong bearish sentiments prevalent in the domestic markets as Sensex slumped by 667.29 points or 1.77 per cent to close at 36,939.60 while Nifty tanked by 173.60 points or 1.57 per cent to settle at 10,899.85.

With these orders, the company’s order book as on June 2020, stood at 759 KMT valued at almost Rs 6,200 crore. These order books translate into book-to-bill of 0.62x on TTM revenue, giving healthy revenue visibility in the near term

The stock of Procter & Gamble Health Limited has given an ascending triangle pattern breakout on the daily timeframe. This breakout is confirmed by the above 50-day average volume.

Wockhardt, the global pharmaceutical and biotechnology major, on Monday, announced that it has entered into an agreement with the UK Government to fill-finish COVID-19 vaccines.

Provisions and contingencies declined by 20.9 per cent YoY to Rs 1,512.07 crore in Q1FY21, as against Rs 1,911.98 crore in Q1FY20. 

Generally, the promoters or promoter groups are the ones who have major control over the company and may also hold senior executive positions. As a result, they are in a better position to understand the company’s day-to-day performance and future outlook

Polycab India is planning to expand its presence in the international markets, where dependence on Chinese imports is higher. The company is targeting markets like the US, Australia, Europe, and Africa, among others

The company witnessed a sequential growth of 27 per cent sales in the month of July with sales of 2,52,744 units as against 1,98,387 units reported in June 2020.

The market opened in red on August 3, 2020.