Havells India forms triple bottom pattern Havells India forms triple bottom pattern Vinayak Gangule / Tuesday, February 25, 2020 / Article rating: 4.6 On Tuesday, the stock has given a neckline breakout of triple bottom pattern. This breakout was confirmed by above 50-day average volumes.
Navin Fluorine jumps 20 per cent on multi-year deal Navin Fluorine jumps 20 per cent on multi-year deal Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 4.7 The capex and project will be executed through its wholly-owned subsidiary, Navin Fluorine Advanced Sciences Limited (NFASL). It will invest around USD 51.5 million for setting up dedicated manufacturing facility and USD 10 million for setting up captive power plant.
Investors, be cautious! Do not let COVID-19 valuations sway you! Investors, be cautious! Do not let COVID-19 valuations sway you! Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 4.5 The biggest worrisome factor is for Tata Motors. Its international business entity Jaguar Land Rover (JLR) has already faced issues with sales related to China specific region. It has nearly 15 per cent revenue exposure in China which would certainly get affected further in the recent quarters.
HUDCO plans to raise funds up to Rs 28,000 crore HUDCO plans to raise funds up to Rs 28,000 crore Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 5.0 The government-owned finance company, Housing and Urban Development Corporation (HUDCO) is planning to raise funds up to Rs 28,000 crore.
Infosys to open Cyber Defense Centre in Indianapolis; stock rise Infosys to open Cyber Defense Centre in Indianapolis; stock rise Avalokita Pandey / Tuesday, February 25, 2020 / Article rating: 3.5 Information Technology consulting company, Infosys Limited, today announced that the company is launching a state-of-the-art Cyber Defense Centre in Indianapolis, the capital city of Indiana in United States (US) next month.
Rupee strengthens on selling in American currency by banks & exporters Rupee strengthens on selling in American currency by banks & exporters Nidhi Jani / Tuesday, February 25, 2020 / Article rating: 3.8 Meanwhile, investor sentiment remained fragile after a jump in the number of Coronavirus cases outside China stoked fears of a slowdown in the global growth. The total number of casualties owing to Coronavirus stood at 2,663 with 71 new Coronavirus deaths reported from China.
HUL Board approves formation of new subsidiary; stock surge HUL Board approves formation of new subsidiary; stock surge Pratik Shastri / Tuesday, February 25, 2020 / Article rating: 3.8 The stock has also outperformed its peers such as Godrej Consumer Products and Emami, which declined by 13 per cent to 34 per cent since last February. Its stock recently touched its 52-week high of Rs 2,307 on BSE.
TechM stock plunge post announcing Zen3 acquisition plan TechM stock plunge post announcing Zen3 acquisition plan Avalokita Pandey / Tuesday, February 25, 2020 / Article rating: 3.8 Indian multinational subsidiary of Mahindra Group and IT services major, Tech Mahindra announced that it will acquire 100 per cent stake in US-based software solutions company-Zen3 Infosolutions.
Shares of IRB surge on receiving first investment tranche by GIC Shares of IRB surge on receiving first investment tranche by GIC Pratik Shastri / Tuesday, February 25, 2020 / Article rating: 5.0 Shares of IRB Infra surged higher by nearly three per cent in the early trade in Monday to touch an intra-day high of Rs 96.75 on BSE. At 9.35 am, the stock was trading at Rs 95 per share with gains of 1.77 per cent.
Granules India forms three inside down pattern Granules India forms three inside down pattern Vinayak Gangule / Tuesday, February 25, 2020 / Article rating: 3.5 The stock of Granules India Limited has formed a three inside down candlestick pattern on the daily time frame. The three inside down pattern represents a confirmation of the bearish harami pattern, which indicates that the forecast is successful.