Chart Check: Multibagger in making? Technicals suggest NCC value could more than double in next 2-3 quarters
It can be observed that post a strong first leg of the up move from the level of Rs 15.85 to Rs 99.85 (31.30.2020-31.03.2021), this stock witnessed a correction closer to 61.80% of its previous up move at Rs 52.20 level in four back-to-back quarters (30.09.2021 -30.06.2022).
Dipan Mehta on why one should bet on L&T and 4 other capital goods & infra stocks now
“While the last two trading sessions may have been a bit challenging, this year looks to be good and I hope to build on the foundation created in the last financial year, rather the last year when we had massive outperformance in terms of our markets being stable as compared to sharp declines in some of the other global market,”
Stars aligned for capex pick-up! CLSA picks 4 stocks
"The outlook improved with 18%, 15%, and 5% falls in steel, bitumen, and diesel prices, raising the prospect of faster execution with visible margins in 2023. Business visibility (BTB 3x), order pick-up, and margin visibility are rerating catalysts. We adjust earnings and raise our target prices for our E&C coverage," it added.
Case against NCC, 7 officials in connection with Bangalore Metro structure collapse
NCC is named first accused (A1), followed by its officials. A BMRCL deputy chief engineer and executive engineer are A7 and A8 respectively, police sources said.
Multibaggers under Rs 100? Why Gaurang Shah is betting on these 2 stocks
“It is not like you can buy anything and everything in the universe which is in single or double digit and expect that to be a multibagger. You can fall flat on your face not once, but many times in adventuring into these kind of ideas. But at the same time, there are certain stocks which have the capability of turning out to be a reasonable good investment bet.”
Stocks to buy or sell today: 5 short-term trading ideas by experts for 28 December 2022
Minor Call writing is seen at 18,350 then 18,150 strikes while Put writing is seen at 18,000 then 18,100 strike. “Options data suggests a shift in a higher trading range in between 17,800 to 18,300 zones,” added Taparia.
We haven't witnessed any dip in performance because of monsoon: Vijay Kumar, NCC
There is order inflow of Rs 6800 crores in H1, as we speak now it is close to Rs 8300 crores. I will not be able specify exactly what would be the margin in the order book position as such but however we can expect the same margin should continue given the inflationary pressures.
Is it time to add FMCG stocks to your portfolio? Varun Lohchab answers
We will have a high base in the second half in terms of the raw material cost, so YoY, things will start looking better on the margin front. So staples valuations again are not a big concern now as it was a couple of years back when relative to market they were really expensive but I would say that FMCG is somewhere in the middle. We have a neutral kind of call. It is not too compelling on valuations.
Stocks to buy or sell today: 6 short-term trading ideas by experts for 28 October 2022
The Indian market opened higher on Friday, led by gains in banking, financial and auto stocks. S&P BSE Sensex was up over 200 points in early trade while Nifty 50 was above the 17,800 level.
Will Nifty50 hit 18,000 this week? 9 short-term trading ideas that could give 5-10% return
After consolidating in a range for more than 3 months, Raymond has finally managed to confirm a breakout above the Rs 1,015 mark. The price action was supported by enough volumes, and we all witnessed a major breakout in daily RSI (14). Thus, we advise traders to buy the stock near Rs 1,020 for the target of Rs 1,100 in the coming sessions.
Infra can be a good bet; not gung ho on diagnostics: Sandip Sabharwal
“Initially we are completely defying all global trends but let us see how long that lasts because it is very tough. The kind of moves Indian markets are giving are in complete contrast to emerging markets as well as world markets. The probability of that historically would not be more than 5%. Whether this 5% carries on is what we need to see.”
'As economy gets better, mid- and small-cap stocks will have an edge over largecaps'
Lohchab said he is positive on large banks, echoing many others including those at Morgan Stanley that rerated the entire banking sector earlier this week. He said he prefers ICICI Bank, Axis Bank and SBI among them. He is also positive on NBFCs like Chola Finance.
IAF AFCAT (2) 2022 Exam: Check for admit card, schedule and exam rules
The admit card for the exam is available for download and the candidate must use their username and password to download it. Candidates must also verify their details, specifically Name, DOB, Gender, Photograph, Signature, etc. They must also read the instructions on the admit card and carry a copy of the admit card along with the mandatory documents on the day of the exam.
Sandip Sabharwal on 2 construction stocks to accumulate on dips
“One of the stocks is NCC, which paid out a Rs 2 dividend. It is a 3% dividend yield on a stock. They have cut down their debt. The order book is strong and they will do well. The second is Ahluwalia Contracts, which is a debt-free company. They have cash on their balance sheet and have been getting decent orders.”
#NCC We can observe it has broken out of its downward parallel channel with a RSI divergence. This uptrend momentum can go till 100 with a stop loss of 55. (Can be according to your risk capacity)
75th Independence Day: Red Fort decked up in tricolours, flowers and murals
The entrance of the Red Fort was guarded by two mechanised elephants - operated by a man sitting inside each of them - which became a big draw for people who were seen clicking selfies with them after the programme ended. A bunch of tricolour balloons were also released in the air from the Red Fort, after the Prime Minister's speech ended. For the first time in 75 years, an indigenously developed howitzer gun was also used during the 21-gun salute at the Red Fort.
The prime minister encouraged the cadets from Punjab and Gujarat to perform their folk dances -- Bhangra and Garba -- as he cheered for them. He also shook hands with some cadets, striking brief interactions.
1 lakh NCC cadets to help Punjab govt in creating awareness against single use plastic, MoU signed
Environment Minister Gurmeet Singh Meet Hayer, NCC Additional Directorate (Punjab, Haryana, Himachal Pradesh and Chandigarh) Major General Rajiv Chhibber and Punjab Pollution Control Board Member Secretary Krunesh Garg signed the MoU at the NCC headquarters in Chandigarh.
Home-grown howitzer gun to be used for ceremonial 21-gun salute on I-day
The Advanced Towed Artillery Gun System (ATAGS) has been developed under the government's 'Make in India' initiative by the Defence Research and Development Organisation(DRDO).
Mortuary workers, street vendors to be Special Guests for 75th I-Day celebration
"We are going to use indigenously designed and developed gun for the ceremonial 21 gun salute. We have been using a British one-pound ceremonial gun for the 21-gun salute ever since the independence. Now, we have developed the ATAGS gun designed by Defence Research and Development Organisation (DRDO) and developed by the industry partners and it has been customised for blank firing shell and its sound attributes. This will also be used along with the usual British gun," Kumar added.