Indian IT services and consulting firm Mphasis will likely remain in focus today as the company, while declaring its Q4FY24 results, had declared a dividend of Rs 55 for its eligible shareholders. The company had fixed July 10 as the record date for this purpose, meaning that today is the last date to buy the … Read more
Jun 22, 2024, 12:23:46 PM IST Low PE stocks, often regarded as value stocks, are typically favoured for long-term investments. According to Trendlyne data, Narayana Hrudayalaya, CreditAccess Grameen, and PNB Housing Finance are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential … Read more
Larsen & Toubro, part of the civil construction industry, has managed to bounce back from its 50-DMA on the daily charts and is on track to make a fresh record high in the next 2-3 months, suggest experts. The stock, also part of the S&P BSE Sensex, hit a fresh record high of Rs 2297 … Read more
, part of the engineering and construction products sector, hit a fresh record high in October and technical setup suggests that the rally is likely to continue. The stock hit a fresh record high of Rs 461 on 12th October and most technical indicators suggest a possible uptrend to continue that could take the stock … Read more
Indian Bank, part of the PSU banking space, has rallied more than 60 per cent in a year and recent price action suggests that the momentum is intact which could take the stock to fresh record highs in the next 6-12 months, suggest experts. The PSU bank rose from Rs 121.50 recorded on 30 August … Read more
Gujarat Narmada Valley Fertilisers & Chemicals Ltd, part of the S&P BSE 500 index, has fallen more than 30 per cent in a matter of over two months, but the stock could see a bounce back from its five-year support placed around Rs 540 levels, suggest experts. The commodity chemical company has fallen significantly from … Read more
The Indian market retested crucial support levels in June as selling by foreign investors pushed the Nifty50 lower by over 5 per cent so far in 2022 and many large and midcap stocks fell in double digits. In the quest to find value from the current fall, we have collated a list of 10 stocks … Read more