#LUMAXIND cmp 1754 good Fundamentals company in auto ancillary sector, valuations are reasonable. Technically moving in upward channel for few months. Currently trading in safe zone.
Choice Broking has an outperform call on Lumax Industries; Target price: Rs 2160
The brokerage likes the growth story of Lumax Ind based on: its strong relationship with the majority of auto OEMs; healthy demand in the PV segment; recovery in 2W sales; upcycle in the CV segment; localization of electronic facility levers for margin expansion; addition of new clients and models; and strong order book with front loaded capex.
Stocks in the news: Dharmaj Crop, Infosys, Eicher Motors, TechM, IDFC First and Macrotech
Dharmaj Crop Guard will make its debut at the Dalal Street on Thursday after raising Rs 251 crore from primary markets. Its IPO, which was subscribed 35.5 times, was open between November 28-30 in the range of Rs 216-237 apiece.
Corporate Radar: Hinduja Global to trade ex-dividend; Bombay Rayon Fashions results & more
Hatsun Agro Products shares will trade ex-rights in respect of the rights issue of 1 share for every 30 shares held offered at a price of Rs 419 per share.
Top 10 trading ideas for next 3-4 weeks in a market moving largely sideways
Breaching either side of 18,200-18,450 range can give some kind of direction to the market in the coming days, but having a monthly expiry and FOMC minutes scheduled this week, volatility and consolidation is at the top before any kind of big move on either side of range
Midcap Stocks | Smallcap Stocks: Consistent performers! 11 mid & smallcaps delivered positive return every month of FY23
Among these shares, BLS International, the visa processing company, has delivered between 3 to 53 per cent return every month between April to September. The stock has delivered a return of 200 per cent on a year to date basis in 2022.
Consistent performers! 11 mid & smallcaps delivered positive return every month of FY23
Among these shares, BLS International, the visa processing company, has delivered between 3 to 53 per cent return every month between April to September. The stock has delivered a return of 200 per cent on a year to date basis in 2022.
Consistent performers! 11 mid & smallcaps delivered positive return every month of FY23
Among these shares, BLS International, the visa processing company, has delivered between 3 to 53 per cent return every month between April to September. The stock has delivered a return of 200 per cent on a year to date basis in 2022.
Consistent performers! 11 mid & smallcaps delivered positive return every month of FY23
Among these shares, BLS International, the visa processing company, has delivered between 3 to 53 per cent return every month between April to September. The stock has delivered a return of 200 per cent on a year to date basis in 2022.
Want to invest in pharma & capex themes? These are the stocks to consider
“In the next one or two quarters, positive news flow on the pharma side, especially from the US, will start. Channel checks suggest that the pressure on pricing is reducing a lot. Most of the unviable smaller players are out of business. The market has consolidated into a few companies and people are identifying molecules which can have competitive edge,” says Daljeet Singh Kohli.
Corporate Radar: Avadh Sugar, REC to turn ex-dividend; HCL Tech Q1 results & more
Shares of Steel Exchange India will go ex-split today. The company had announced the splitting of shares into face value of Re 1 from the face value of Rs 10. The board of HCL Tech will meet today to consider the 2nd interim dividend. Pioneer Embroideries and Alka Securities will have their annual general meetings (AGM) today.