Recently, CG Power entered a corrective phase, leading to a healthy 175-point pullback, which represents about a 20 per cent decline from its recent high
BDL, Siemens and Colgate Palmolive among 5 stocks that look favourably placed on the technical charts for short-term gains; check key support, resistance levels here.
Here is the full list of stocks, along with the dividend amount and other details, that will turn ex-dividend on Monday
Here's the complete list of stocks that will trade ex-date next week for dividends, bonus issues, or stock splits
"A correction was needed in defence stocks as they were overvalued after the Interim Budget amid high expectations from the Budget," said Palka Arora Chopra, director of Master Capital Services
Shares of rail and defense related companies bounced back in trades on Wednesday; however, charts reveal that several stocks were trading below their key short-term moving averages.
Shares of defense companies soared up 17.6 percent on the BSE in Friday's intraday deals
Bharat Dynamics shares also suffered a 10 per cent drop on Tuesday, June 4
The defence public sector company on Thursday reported an 89 per cent year-on-year (YoY) surge in net profit, reaching Rs 288.8 crore for the fourth quarter ending March 31, 2024
Stocks to watch on May 31: In the fourth quarter of the fiscal year 2023-24 (Q4FY24), Apollo Hospitals Enterprise witnessed a significant spike in profit, soaring by 77.5 per cent year on year (YoY)
Bharat Dynamics hit a new high of Rs 1,650, zooming 17% in intra-day trade after the stock of state-owned defense company turned ex-date for 1:2 split on Friday.
Bharat Dynamics had fixed May 24, 2024 as the record date for the purpose of determining the eligibility of shareholders for sub-division/ split of face value of equity shares from Rs 10 to Rs 5 each.
Shares of Bharat Dynamics hit a new high of Rs 2,689.40 as they rallied 10 per cent on the BSE in Tuesday's intraday trade
The Government of India's initiatives to make India self-reliant in providing weapon systems to the Indian Armed Forces and clearance for export to FFCs have opened plenty of opportunities for defense
Bharat Dynamics stock price: Over the past one year, Bharat Dynamics stock price has zoomed 116 per cent on the BSE
On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty has reached crucial support zone of 22,000 - 21,000 on the charts.
Technical charts suggest defence related stocks can rally up to 21 per cent from present levels; watch out for these key levels.
According to reports India is set to give preliminary approval to three mega indigenous projects worth Rs 1.4 trillion.
Ratings agency Icra expects business opportunities worth Rs 2.75 trillion to open up for Indian defence entities during FY24 and FY25
Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing