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Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session.

Nazara Technologies reported a 53% YoY decline in Q3FY25 net profit to Rs 13.6 crore despite a 67% revenue increase to Rs 534.6 crore. Expenses rose 76%, driven by higher advertising and employee costs. Strong gaming segment growth and the acquisition of Fusebox Games boosted revenue. Recent investments have supported Nazara s market expansion and strategic acquisitions.

Indian benchmark indices opened higher, driven by banking and IT stocks, following US President Trump s announcement of Prime Minister Modi s offer to discuss tariff reductions. The Sensex rose 296 points and the Nifty50 was up 84 points in early trade. ICICI Bank, HCL Tech, and Tech Mahindra saw gains, while Hindalco reported a significant YoY profit growth.

These 3 stocks closed above VWAP on February 13

Updated at : 2025-02-14 10:20:01

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A shift above the VWAP suggests a potential bullish trend, according to stockedge.com s technical scan data.

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Senco Gold reported a significant 69.3% drop in profit after tax for Q3FY25, despite a 27.3% increase in revenue from operations. The company attributed the decline in EBITDA and PAT margins to the impact of custom duties, but remains optimistic about achieving a 7%-8% EBITDA margin moving forward.

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ICICI Securities recommends buying Axis Bank with a target price of Rs 1,200. The current market price is Rs 1,013.8. Axis Bank s net profit in the latest quarter is Rs 6742.29 crore. Financials and growth profile are discussed. Key risks include rise in slippages and slower deposit growth. Promoters hold 8.23 percent stake.

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Buy Keystone Realtors Ltd. at a price target of Rs 855.0 .

Buy NCC, target price Rs 335: HDFC Securities

Updated at : 2025-02-14 09:20:02

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HDFC Securities has issued a buy call on NCC with a target price of Rs 335, opposed to its current market price of Rs 196.25. Despite the company s in-line performance in Q3FY25, NCC has downgraded its FY25 revenue growth guidance to 5% from 15% due to slower L1 awards and an election-induced slow market.

Sandip Sabharwal highlights the potential of largecap banking stocks and quality NBFCs such as Kotak, ICICI, and M&M Finance, which show promising growth. He cautions against solar power-related companies due to overcapacity issues and advises caution in the sector. Reliance is noted as a value zone stock, presenting investment opportunities.

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