Share price of Voltas jumps as Sensex gains 97.37 points
Promoters held 30.3 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 19.08 per cent and 15.26 per cent, respectively.
Use the coming market correction to buy; added 3 stocks in last 2 weeks: Sandip Sabharwal
"We have been adding Praj Industries because the outlook has improved with their foray into the compressed biogas segment now becoming clearer. We have been also accumulating Voltas as it is one midcap that is reasonably placed. Aditya Birla Retail is the third stock we have accumulated as all negatives are in as we enter the festival season."
Venture Catalysts makes partial exit in metaverse skill tech Cusmat with over 4.2 times returns
Venture Catalysts had first invested in Cusmats seed round in 2020 and took an exit in the $3.5 million Series A round that the startup raised from Arkam Ventures, Unitus, Better Capital, We Founder Circle, 9Unicorns, and MapMyIndia amongst others.
Voltas stock price up 0.85 per cent as Sensex climbs
As of 30-Jun-2023, promoters held 30.3 per cent stake in the company, while FIIs held 19.08 per cent and domestic institutional investors had 15.26 per cent.
Voltas to maintain leadership in RAC segment, says Motilal Oswal
The main concern about Voltas is the loss in market share in the major room air conditioner segment. However, Motilal Oswal is positive that Voltas should be able to bring back some of that market share over the next couple of years.
Gland Pharma, Atul, Swan Energy among 10 stocks with bearish RSI
In this article, we'll explore RSI, why it's important, and examine ten stocks that were in the overbought zone while displaying bearish or declining RSI trends, as reported on September 4, Monday, by StockEdge.
No to metals as a basket, yes to these 2 stocks: Chakri Lokapriya
"The metals sector has underperformed due to global uncertainty. The valuations are attractive but the business momentum is lacking. However, companies like Jindal Steel and Power and Hindalco could still be worth considering. ALso, in the festive season, consumer electronics companies can be expected to make a comeback based on recent consumer spending. There is potential for growth in both clean energy and thermal power plants."
Adani Enterprises, Jubilant FoodWorks among 8 stocks which cross 200-day SMA
The crossing of the 200-day SMA by Aegis Logistics, Adani Enterprises, and other stocks on August 22 signifies their impressive market performance and growth prospects.
Voltas stock price down 0.25 per cent as Sensex slides
As of 30-Jun-2023, promoters held 30.3 per cent stake in the company, while FIIs held 19.08 per cent and domestic institutional investors had 15.26 per cent.
Voltas trades in red as investors book profit after decent Q1 earnings
In its quarterly results announced on August 11, Voltas reported a 17.6 percent year-on-year (YoY) increase in the consolidated net profit for Q1FY24 at Rs 129.4 crore.
Trade Spotlight | How you should deal in JSW Energy, Castrol India, Voltas today
JSW Energy has seen robust breakout after more than three weeks of consolidation and jumped 8 percent to Rs 314, forming strong bullish candlestick pattern on the daily charts with multi-fold jump in volumes.
Anand Tandon on 3 ways to play housing theme & why he doesn’t like gold financiers
"There is a certain advantage of looking at the gold financiers in Kerala where it is almost a cultural thing. People regularly take loans against gold. I do not think it is the same kind of activity in the rest of the country. Of course, we have had a phase where almost all companies got into gold finance and realized that finally it is not that easy to manage ."
The broader market is showing a different picture as Nifty is in corrective move. And we still feel that midcap, smallcap space is going to further rise higher. And we are seeing that stock-specific action is taking place in the market on the buying side. So, sentiment is on the bullish side. Some corrective move could be there for the index but stock-specific action is likely to continue.
So, my reading is this is a welcome correction. We have to be ready with our buy orders at lower levels and eventually I think the major undertone of the market which is bullish should play out.
Indians are becoming more energy conscious in their choice for home appliances
Energy efficient technologies like inverter compressors used in air-conditioners and refrigerators now account for over 85% of category sales for AC and 40% for refrigerators as compared to 60% and 20% three years back, as per industry data.