DSIJ Mindshare

Foreign institutional investors (FIIs) were net buyers of Indian stocks today, buying Rs 8,147.85 crore worth of shares. This helped to boost sentiment and push the markets higher.

The company's total sales for the month stood at 82,954 units, a significant increase from the 78,335 units recorded in October 2022. This impressive growth can be primarily attributed to the stellar performance in both the Commercial Vehicle (CV) and Passenger Vehicle (PV) segments.

Rajesh Exports, a pioneer in the gold industry, has left an indelible mark with its global presence across the entire gold value chain, handling 35 per cent of the world's gold production. The stock revisiting 2016 levels in 2020 and 2023, resting on a strong support level, indicates a potential breakout after an 80-130 day consolidation period. With a history of reaching Rs 870 in 480 days, the recent surge in delivery volume suggests significant accumulation by large entities. The company's participation in the PLI Scheme for Advanced Chemistry Cells (Energy Storage Lithium Ion Cells) and the recent change in key management personnel adds to its investment potential.

 Shares of Rossell India Ltd, were trading at all time high at Rs 372 on Thursday as the stock surged more than 10 per cent.

The company has signed MOU for manufacturing electric vehicles and planning to export the same in the future.