Page 7 - Stock Tips

USFDA approval sends this multibagger pharma stock to 52-week high

Northward surge in the stock price is attributed to the news that the company has received approval from the US Food and Drug Administration (USFDA) for its product, 'Bortezomib Injection NDA 212782

Tech investor SoftBank buys back $3.4 billion shares to bolster stock price

SoftBank said that over the next year it would buy back up to 6.8% of its own shares, worth as much as 500 billion yen

Nuvama says 'Buy' JTL Industries for 53% upside; initiates coverage

JTL has achieved an impressive 50 per cent PAT CAGR over FY19-24, and Nuvama estimates it will clock a 38 per cent CAGR over FY24-27E on the back of capacity expansion and an improved product mix

UBS downgrades BEL stock to 'Neutral' after Q1FY25 results; Here is why

BEL has experienced a significant 145 per cent stock rally over the past 12 months, largely driven by a 70 per cent increase in order intake in FY24 compared to management guidance

Derivative strategy: Nandish Shah of HDFC Sec suggests Bull Spread on IOC

F&O strategy for Indian Oil stock: IOCL share price has broken out on the daily chart to close at highest level since February 2024 with a sharp rise in volumes

Is the tide turning for media stocks? Dish TV, PVR Inox can rally up to 26%

The Nifty Media index has shed 15 per cent so far in 2024 and is the sole index trading below the 200-DMA on the NSE. Chart suggests better days are likely ahead.

Brokerages raise bets on FMCG, IT, consumer stocks after Budget 2024

Here are ten stocks where brokerages expected the maximum upside in their share price over the next 12 months

Poonawalla Fincorp shares fall on Q1FY25 Results; Good time to Buy?

Poonawalla Fincorp's new MD & CEO highlighted the broad strategic direction for the company with incremental investments going towards strengthening collection infra, presence, credit & analytics

S Korean tech giant Kakao's founder arrested for stock price manipulation

South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price rigging during his company's takeover of a major K-pop agency last year. Kim's arrest came after the Seoul Southern District Court approved an arrest warrant, citing concerns that he could flee or destroy evidence. Prosecutors have up to 20 days to investigate Kim and determine whether to indict him, according to a senior prosecutor at a Seoul district prosecutors' office. He requested anonymity because an investigation was under way. Kim faces allegations that he orchestrated and approved schemes to collaborate with the operator of a private equity fund to manipulate the stock price of K-pop agency SM Entertainment to prevent Hybe Corp., the parent company of another K-pop powerhouse behind global sensation BTS, from buying SM Entertainment, according to the prosecutor. Kim, 58, denied the allegations, according to the Seoul prosecutors' office. He was not .

Axis Securities picks V-Mart as 'Stock Pick of the Week'; Check strategy

Axis Securities on V-Mart: The brokerage remains optimistic on the diversified retail player V-Mart and has assigned a buy rating on the stock while naming it the stock pick of the week for investors

Capitalmind to launch Rs 500 cr in maiden AIF, to invest in 20-40 stock

Investment manager Capitalmind Financial Services on Thursday said it aims to raise Rs 500 crore in its maiden alternate investment fund over the next year. The company has been in the portfolio management services space and currently, boasts Rs 2,200 crore assets under management, its founder and chief executive officer Deepak Shenoy said. The firm received the Sebi approval for a category 3 AIF which it christened as "Capitalmind Select India One" last year, he told reporters, adding that the minimum investment amount will be Rs 1 crore. The fund is designed for sophisticated investors seeking exposure to a diversified, quantitatively managed equity portfolio with active risk management, he said, adding that it will invest in 20-40 stocks. It combines multiple factors such as momentum, low volatility and quality into a single pooled vehicle, offering investors an opportunity for long-term wealth appreciation, a statement said.

Sensex may target 80,000 levels post exit poll data. Check key levels here

However, in case, the BSE Sensex is unable to break past the 76,275 level, we may enter a consolidation range, wherein the support at 72,240 becomes a crucial level.

Marico rallies 20% in one month; check key factors behind the sharp up move

With improved macroeconomic indicators, enhanced government spending, a favorable monsoon forecast and moderate retail inflation, the upcoming year holds promise for a gradual uptick in consumption.

Zydus Life stock: When to book profit? Advice from HDFC Sec's Nandish Shah

Price rise is accompanied by the rise in the volume, suggesting strength in the uptrend. Stock price has broken out on the daily chart with higher volumes to close at highest level since 10 April 2024

Nifty Bank: Traders may consider profit booking at 49,800-49,900 levels

Nifty Bank strategy: On the downside, support levels are expected to be around 48,800 and 48,600 for the Nifty Bank index, charts show

5 Smallcap stocks that will help you mint money in markets on April 24

Stock picks for April 24, Wednesday, based on technical analysis: NCC, Aegis Logistics, GNFC, Manappuram Finance and Castrol India look positive on the daily charts as Nifty SmallCap scales new high.

Mid-, Small-Caps: Correction coming to an end; Time to buy, says Nuvama

Nuvama Institutional Equities, in report based on technical analysis, expects the Nifty MidCap to turn bullish above 48,100 and SmallCap above 15,400 levels.

Pidilite sticks: Fevicol maker on a high, but sharp margin gains unlikely

High stock valuation is another hurdle for the manufacturer of adhesives and construction chemicals

Stocks to Watch today, Jan 1: Auto, Karur Vysya, PNB, Lodha, United Spirits

Stocks to Watch on Monday, January 1, 2024: The RBI has allowed ICICI Prudential Asset Management Company to acquire aggregate holding of up to 9.95 per cent in Karur Vysya Bank

Benchmark equity indices fall for second day amid selloff in auto stocks

Bharti Airtel, Wipro, HCLTech, Tech Mahindra, Tata Consultancy Services and Maruti were among the gainers