State Bank of India (SBI), part of the PSU banking space, has rallied more than 20% in the last 3 months but the stock recently bounced back from 1-year consolidation range breakout levels. Short-term traders can look to buy the stock for a possible target of Rs 841 in the next 1-2 months, suggest experts. … Read more
Shares of Mazagon Dock Shipbuilders have delivered multibagger returns to investors in the last one year, rising as much as 286%. The stock is in a bull run for the last month due to multiple triggers. It has risen 37% during this period. Mazagon Dock Shipbuilders is one of India’s leading shipbuilding yards, having evolved … Read more
NEW DELHI: With hardly any analyst coverage, the stock of defence PSU has been rallying silently for the last few weeks. The stock, which ended 11.6 per cent higher at Rs 394.80 on BSE on Monday, has delivered an impressive return of nearly 42 per cent in the last one month. “Given the government’s thrust … Read more
NMDC, a government of India public enterprise, might be down by about 37 per cent from its 52-week high, but recent price action suggests that bulls are slowly taking control and short-term traders can look to buy the stock on dips. is India’s largest producer of iron ore. It is involved in the exploration of … Read more