Momentum Pick: MCX jumps 11% in 5 sessions, 70% from 52-week lows. Is there more upside left?

Momentum Pick: MCX jumps 11% in 5 sessions, 70% from 52-week lows. Is there more upside left?

An analysis of the price action suggests that MCX stock has gained 70% from its 52-week lows of Rs 1,285.05, which it hit in May this year. Moreover, despite the ups and downs in the markets, the stock has given returns of more than 60% over the past 12 months, outperforming Nifty50, which has returned … Read more

This ICICI Group stock in bear grip could soon stage a turnaround

This ICICI Group stock in bear grip could soon stage a turnaround

Shares of have fallen more than 23 per cent from their September 2021 highs, putting the stock firmly in the bear grip. However, , in its recent report, initiated coverage on the stock with a ‘Buy’ rating and a target price of Rs 1,500, signalling a potential upside of over 17 per cent in the … Read more

Up 800% in 2 years! The euphoria may not be over for this smallcap multibagger

Up 800% in 2 years! The euphoria may not be over for this smallcap multibagger

NEW DELHI: Shares of (AICL), an infrastructure ancillary for the transport and logistics segments, have been on a roll for a while now. The stock has seen a meteoric rise of 832.69 per cent in the last two years, outperforming both benchmark and peers by a wide margin. In the last year alone, this multibagger … Read more

JM Financial sees limited upside for PolicyBazaar in near-term

JM Financial sees limited upside for PolicyBazaar in near-term

MUMBAI: PolicyBazaar‘s Dalal Street debut on Monday saw it post strong listing gains, however, brokerage firm Services sees limited scope for further gains in the stock. The brokerage has initiated coverage on the online insurance broker with a “hold” rating and a price target of Rs 1,270, which implies a nearly 5 per cent downside … Read more