SRF, Devyani, Sumitomo have witnessed the formation of 'Death Cross', while Sona Coms and PI Industries saw a negative crossover on the MACD indicator, show the stocks daily chart.
Kotak Securities believes that disappointing Kharif season and US tariffs may dent earnings of Specialty chemicals companies. Technical charts flag up to 19 per cent downside risk for these 5 stocks.
PI Industries stock has fallen 18 per cent since August on weak Q1 results, muted export outlook and biologics curbs, though brokerages remain positive on long-term growth
Here is the complete list of stocks that will remain in focus today as they trade ex-dividend on August 7, along with their key details
Stocks to buy: Analyst at Religare recommends Sun Pharma, Apollo Hospitals; Check target price, stop loss here
Stocks to Buy Today: Kunal Kamble of Bonanza Portfolio sees upside potential in share prices of PI Industries, Hero MotoCorp, Insecticides India
The decline in chemical stocks followed the announcement of new tariffs by US President Donald Trump, who imposed a 27 per cent tariff on all imports from India
Here's a trading guide for 5 stock investment ideas that can potentially generate up to 21 per cent wealth basis on technical analysis.
PI Industries' steady Q3FY25 performance, cautious near-term outlook, and portfolio challenges are likely to affect the business dynamics in FY26 and FY27, according to analysts.
Indian Finance Minister also announced a 5-year mission to promote cotton production. The centre also enhanced the loan limit under Kisan credit cards to Rs 5 lakh from Rs 3 lakh
Given healthy reservoir levels and late withdrawal of monsoon, the agricultural sector should see demand recovery, while pharma is also positioned for recovery
PI Industries is in a strong uptrend and holding the gains at higher zones.
Axis Securities remains bullish on PI Industries and has called it the stock pick of the week for investors. Here is the investment rationale of Axis Securities
At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures
Company results Q4 FY24: JK Tyre & Industries, Religare Enterprises, and Hitachi Energy India are poised to release the financial report for the fourth quarter today
Owing to the growth potential in the Indian chemical companies UBS has initiated coverage on four firms including PI Industries and Navin Fluorine International with 'Buy' ratings
The positive from PI Industries' perspective is the diversification of its revenue base into pharmaceuticals
The stock saw sell-off after reports indicated that the company might feel pressure on its key product -- pyroxasulfone -- due to capacity additions in China
Brokerages have upgraded estimates for firm, expect return ratios to improve
Robust order book, product pipeline will ensure steady growth of agrochem player