Q2 results this week: Adani Ports, Tata Power, LIC, RVNL, M&M and others

Q2 results this week: Adani Ports, Tata Power, LIC, RVNL, M&M and others

Various widely tracked companies like Varun Beverages, Power Grid Corporation, Shree Cements, Tata Power, Adani Ports, LIC, ONGC, Eicher Motors, RVNL, and M&M, will be releasing their September quarter report cards this week. Here’s a list: November 6 Varun Beverages, Divi’s Laboratories, Adani Energy Solutions, Max Healthcare Institute, Linde India, NHPC, Bharat Forge, The Fertilisers … Read more

Breakout Stocks: How Hitachi, KPIT Tech and Linde India are looking on charts for Thursday’s trade

Breakout Stocks: How Hitachi, KPIT Tech and Linde India are looking on charts for Thursday’s trade

The Indian market closed in the green for the third consecutive day. The S&P BSE Sensex rose more than 200 points, while the Nifty50 closed above 19,400 levels. Sectorally, buying was seen in banks, metal, public sector, and consumer durables, while selling was seen in power, FMCG, and oil & gas stocks. Stocks that were … Read more

Chart Check: After 18% rally in 3 months, ascending triangle breakout makes Linde India an attractive buy

Chart Check: After 18% rally in 3 months, ascending triangle breakout makes Linde India an attractive buy

Linde India, part of the chemical industry, has rallied by about 18% in the last 3 months to hit a fresh record high in July and the chart patterns suggest that the rally in the stock price could take the stock above Rs 5,000, a new record high. The stock rose from Rs 3,897 as … Read more

Acquisitions, margin focus put RHI Magnesita India in sweet spot

Acquisitions, margin focus put RHI Magnesita India in sweet spot

ET Intelligence Group: Austria-based RHI Magnesita, the world’s largest supplier of refractories, is looking to raise capital in its Indian subsidiary to fund expansion and upgrade the recently acquired assets in India. It acquired refractory makers Dalmia OCL and Hi-Tech Chemicals in the December quarter, tripling its capacity to nearly 500,000 tonnes.These developments are positive … Read more

Market Movers: Why are stocks of oxygen suppliers soaring on Dalal Street?

Market Movers: Why are stocks of oxygen suppliers soaring on Dalal Street?

MUMBAI: Before you jump to conclusions, no it’s not because some investors are predicting the third wave of the pandemic to hit us very soon. While the surge in shares of oxygen suppliers like and may not indicate that a third wave is coming soon, the move is related to the preparation towards that eventuality. … Read more