Technical Stock Pick: Multibagger in a year! Is Dixon Technologies in a new bull market?

Technical Stock Pick: Multibagger in a year! Is Dixon Technologies in a new bull market?

Dixon Technologies Ltd, part of the consumer electric industry, has already rallied by about 150% in a year and the recent breakout from the ‘cup’ pattern has opened room for further upside. Short to medium-term traders can look to buy the stock for a target above 7000-7600 levels, suggest experts. The stock hit a record … Read more

Betting Big! MFs raise stake in 30 stocks for 3 straight quarters, 11 turn multibaggers

Betting Big! MFs raise stake in 30 stocks for 3 straight quarters, 11 turn multibaggers

In atleast 30 stocks, mutual funds have increased their stake consistently in the last three quarters, and their bullish stance alongwith the positive market sentiment saw around 11 of them giving multibagger returns in the last 10 months. What’s also interesting to note is that all the 30 companies have reported atleast 20% year-on-year (YoY) … Read more

What’s behind the boom in small & midcap stocks? Check free float data

What’s behind the boom in small & midcap stocks? Check free float data

Midcap stocks with lower free float outdid their peers in the past six months in terms of returns, according to an analysis by Kotak Institutional Equities. State-run Mazagon Dock Shipbuilders and Indian Railway Finance Corporation (IRFC) occupy top slots in the list of 20 best-performing midcap stocks, which also features Fertilizers and Chemicals Travancore (FACT), … Read more

Ahead of Market: 10 things that will decide D-Street action on Tuesday

Ahead of Market: 10 things that will decide D-Street action on Tuesday

Equity benchmark indices tumbled on Monday as investors offloaded finance, banking and energy stocks amid escalating tensions in the Middle East and surging crude oil prices overseas and higher US interest rate concerns. Investors stayed on the sidelines and refrained from taking risks amid uncertainty due to the Israel-Hamas conflict, analysts said The NSE Nifty … Read more

Hot Stocks: Brokerages view on Dixon Technologies, United Spirits, Godrej Properties

Hot Stocks: Brokerages view on Dixon Technologies, United Spirits, Godrej Properties

Brokerage firm Jefferies maintains a hold rating on Dixon Technologies and a buy on Amber Enterprises. Macquarie has an underperform rating on United Spirits and Jefferies prefers Godrej Properties, Macrotech, and DLF picks. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:Jefferies on EMS Industry: Dixon Technology and … Read more

Hot Stocks: Brokerage view on IndusInd Bank, Dixon Tech, AU SFB and others

Hot Stocks: Brokerage view on IndusInd Bank, Dixon Tech, AU SFB and others

Brokerage firm Morgan Stanley has an ‘Overweight’ stance on IndusInd Bank, Nomura has recommended a ‘Buy’ rating on Samvardhana Motherson and Morgan Stanley has initiated a ‘Buy’ rating on AU Small Finance Bank. CLSA picks Dalmia Cement and UltraTech as preferred bets in the cement sector. We have collated a list of recommendations from top … Read more

2 top stock recommendations from Gaurav Bissa

2 top stock recommendations from Gaurav Bissa

“44200 is the breakout area. If Nifty Bank gives a close above 44200, then we can expect a swift move towards 45000 on Bank Nifty and it can propel Nifty index as well,” says Gaurav Bissa, InCred Equities.18400 is on the cards. Given the fact it is expiry week a lot of moving parts about … Read more

Infra, BFSI: Key themes and stocks to focus ahead of the Budget

Infra, BFSI: Key themes and stocks to focus ahead of the Budget

Against this backdrop, key themes such as infra, BFSI, FMCG, and metals will be in focus in the run-up to the Budget and thereafter. The brokerage expects the overall capital expenditure for the infra segment in the Budget to increase by 20% year-on-year (YoY). The focus will be on the development activities such as roads … Read more

Elin Electronics IPO kicks off: Here’s what brokerages say about the issue

Elin Electronics IPO kicks off: Here’s what brokerages say about the issue

New Delhi: The Rs 475-crore initial public offering (IPO) of Elin Electronics kicked off for subscription on Tuesday. The company’s three-day issue will conclude on Thursday wherein it is selling its shares in the range of Rs 234-247 apiece. The primary offer, with a lot size of 60 shares, consists of the issuance of fresh … Read more

Govt clears second tranche of mobile PLI sops

Govt clears second tranche of mobile PLI sops

New Delhi: The government has cleared the second tranche of incentives of Rs 64.7 crore to Dixon Technologies for the mobile production-linked incentive (PLI) scheme, with the rest likely to be cleared later this month. The industry though has called on the government to expedite the release of incentives, saying the government had received enough … Read more