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With the cooling off of input prices, correction in logistics cost, higher revenue recognition for its two FGD projects and the international subsidiaries expecting to be profitable within a year, the EBIT margin on an overall level is expected to be between 8-9% in the medium term.

As of 31-Dec-2022, promoters held 0.0 per cent stake in the company, while FIIs held 6.74 per cent and domestic institutional investors had 3.33 per cent.

The stock quoted a 52-week high of Rs 817.95 and a 52-week low of Rs 594.0.

The texture of the chart formation and technical indicators such as RSI is indicating at a likely reversal from the current levels, which could lead to a new leg of the up move from its demand zone.In the near term, 268 would be the immediate support zone for the stock. Above the same, the stock may witness a pullback rally towards 299

Varun Beverages shares ended at Rs 1,310 on the NSE on Thursday and were up by 35.65 points or 2.65% from the previous closing price.VBL is a key player in the beverage industry and is one of the largest franchisee of PepsiCo in the world (outside US)

According to data available on Trendlyne, the MWPL of GNFC stood at 82.5% as on 16 March with the open interest at 7.7 million. The OI day change was at negative 2.3%.

The Credit Suisse and SVB banking issues are causing some nervousness in the market, as the consequences of a lack of lending to small and medium businesses could have a domino effect on the global financial market. Regional banks play a very important role in the SME lending of the US, and if all those companies are to see a credit crunch, the recession that the US, the Fed wanted, is probably going to happen in an unruly way.

Bullish ABC breakout suggests follow through moves on P&F chart.

Investors should wait and watch before investing in technology stocks as there are concerns about the economy and banking sector in the US. There is also a risk of volatility. However, if the economy slows down further, then technology stocks may be a good investment. Infy is down 4% from its 52-week lows, but the author thinks that it is still a good buy.

Petronet LNG, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 35677.50 Crore) operating in Gas & Petroleum sector.