Big Movers on D-St: What should investors do with Mahindra CIE, HUL and Asian Paints?
However, on the short-term time frame, the momentum indicators suggest that the stock is in an overbought zone and high chances of quick short-term correction are not ruled out if the stock trades below 368 or 10-Day SMA.
These 28 smallcaps steal limelight, give double-digit weekly returns
Similarly in the US, consumer price inflation in December had fallen for the first time since May 2020. Buoyed by these encouraging data points, indices on Friday ended in the green, which helped them clock marginal gains for the week.
Mahindra CIE Automotive, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 13496.11 Crore) operating in Auto Ancillaries sector.
Buy Mahindra CIE Automotive, target price Rs 466: ICICI Direct
Mahindra CIE Automotive, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 13496.11 Crore) operating in Auto Ancillaries sector.
Big Movers on D-St: What should investors do with Sona BLW, Mahindra CIE and Tata Motors?
During this period, the price has made a Lower Top Lower Bottom Pattern. At a lower level, the stock moved sideways for a few weeks and after consolidating in a range; the price has given some pullback with high volumes.
I think the only issue largely is the continental Europe where the outlook is still quite hazy which contributes about 50% kind of an overall revenue mix.
Mahindra CIE Automotive, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 13226.80 Crore) operating in Auto Ancillaries sector.
Mahindra CIE Automotive, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 12860.76 Crore) operating in Auto Ancillaries sector.
Mahindra CIE Automotive Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 12217.81 Crore) operating in Auto Ancillaries sector.
Hot Stocks: Brokerages on Mahindra CIE, Equitas Small Finance Bank and Gujarat Fluorochemicals?
Equirus Small Finance Bank maintained its long recommendation on Equitas Small Finance Bank with a target price of Rs 80 which translates into an upside of 48% from Rs 54 recorded on December 26. Vasudevan's decision to continue the Equitas franchise is a positive development for the bank, said the brokerage. The brokerage firm values the stock at 1.8x (earlier 1.6x) on Sep'24 ABV (adjusted book value).
ETMarkets Smart Talk: Santa rally possible in banks, sugar & OMC stocks in coming week, says Vaishali Parekh
In light of the fact that the market seems to be showing strong support near 18000 until this level is breached, we are able to conclude that this is should be a normal profit booking process.
40 smallcaps give double-digit weekly returns when Sensex sees worst week in 6 months
However, money managers are not very confident in betting on the smaller and mid-sized state-owned banks eventhough many of them have undertaken a major clean-up of their balance sheets and have seen a sharp expansion in their price-to-book values.
Mahindra & Mahindra Ltd. key Products/Revenue Segments include Automobile-Light, Medium & Heavy Commercial, Jeep, Passenger Car, Sale of services, Scrap, Other Operating Revenue for the year ending 31-Mar-2022.
Mahindra CIE Automotive Ltd. key Products/Revenue Segments include Automotive Accessories, Other Operating Revenue and Sale of services for the year ending 31-Dec-2021.
Smallcase manager Divam Sharma shares 3 stock ideas for Diwali Muhurat trading day
"Currently, we see lots of opportunities in the small and midcap space, particularly ethanol, 5G, and auto sectors. We believe that this Samvat to next Samvat should be positive for Indian markets considering the positive long term outlook of large foreign institutions towards India, and high growth opportunities and business conviction."