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On the daily charts, the stock recently climbed above the 50-DMA earlier in September which is a positive sign for the bulls. It is trading above most of the crucial short- and long-term moving averages.

The US authorities charged him with wire fraud, conspiracy to commit money laundering and conspiracy to misuse customer funds. He is also facing suits by the SEC and CFTC over similar charges.

“There is going to be a capital infusion of about Rs 20,000 to 22,000 crore in Indiabulls. And that would be at a significant premium and will be book value accretive. Post that, once there is a clean management and a substantial capital, they have a very decent book size.”

A total of 1,591 shares changed hands on the counter till 10:55AM (IST)

Computer Age Management Services, incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 12864.36 Crore) operating in Financial Services sector.

For individuals engaged in global trade, what holds utmost significance are their currency and the currency of the country with which they are either exporting or importing.

The company has also bagged an order worth Rs 180 crore from SAIL, for consultancy & project management services for upcoming infrastructural-related projects of Bokaro Steel plant, township, mines & collieries.

The stock traded at a P/E multiple of 41.16, while the price-to-book value ratio stood at 6.39.

​ This indicates a bullish sentiment in these stocks as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased.​

Indian benchmark indices ended Wednesday with gains led by buying action in bank and financial stocks. While the Nifty50 settled at 20,063.45, up by 70.25 points or 0.35%, the S&P BSE Sensex finished at 67,466.99, higher by 245.86 points or 0.37%. Banking gauge Nifty Bank closed higher by 398.10 points or 0.87% at 45,909.45.