DSIJ Mindshare

Ceat Tyres rolls up post Q1 results, stock gives range breakout

Bhagyashree Vivarekar 0 1418 Article rating: 5.0

Auto Tyres and rubber tubes company, Ceat surged as much as 9.5 per cent in Friday’s trade on reporting Q1FY19 results. On Friday, the stock bounced back very sharply, breaching its two prior resistances at 1327 followed by 1351, supported by spurt in volumes and 14-period RSI crossing 55 levels.

Jubilant hits new all-time high on back of result expectations

Bhagyashree Vivarekar 0 1319 Article rating: 3.0

Jubilant Foodworks, a master franchise of Domino’s Pizza and Dunkin Donuts brands, surged nearly 5.5 per cent on Friday at 12:00 hours, hitting a significant new all-time high. The stock of Jubilant surged with expectation of posting positive topline and bottomline in its Q1FY19 earnings report.

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