Latest Stock Market News

Assam relief benefit not factored in credit costestimates; Q4 seasonally strong quarter.

“We have been liking a number of names, starting with EaseMyTrip. We also like Orient Cement given that the company over the next few years is going to bring their debt significantly down. We have been liking a number of logistics names starting with TCI Express. These are the names which we feel can potentially double. ”

The stock quoted a 52-week high price of Rs 512.05 and low of Rs 350.35.

Some options strategists say the recent gains could be fleeting and are advising clients to buy hedges against volatility, which have become cheaper in recent days as demand for portfolio protection has ebbed.

The Relative Strength Index of the stock stood at 42.26 on Wednesday.

Stock is placed above all important moving average parameters, indicating uptrend on all time frames

Shyam Metalics offers a unique play in the Indian metals space, with a combination of more than doubling of capacity in medium term and a strong net cash balance sheet.

At least one-third of the stocks are from healthcare and pharma sectors that saw massive profit booking after the impact of the pandemic softened over the last few months.

Mahindra Logistics key Products/Revenue Segments include Services Rendered for the year ending 31-Mar-2021.

A total of 12,411 shares changed hands on the counter till 10:25AM (IST).