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Value investing essentially advocates looking for securities that are priced lower than their intrinsic value. It has been one of the well-studied strategies around the world and enough books have been written on this method to fill up an entire library.

Murugappa Group firm Coromandel International on Tuesday said it is planning to set up a new sulphuric acid plant at its fertiliser complex in Visakhapatnam at a cost of Rs 400 crore.

MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average called the ‘signal line’, is plotted on top of the MACD to indicate ‘buy’ or ‘sell’ opportunities.

Ashok Leyland shares drop 3.35% as Sensex falls

Updated at : 2021-11-16 15:20:01

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A total of 1,751,383 shares changed hands on the counter till 02:12PM (IST)

PTC India Limited, has got orders from BEE for their flagship Perform Achieve & Trade (PAT) scheme in eight states / UTs, the leading power trading solutions & consulting services provider said in a statement. The company has won consultancy assignments on project management & impact assessment of energy efficiency projects from BSCL and EESL.

IEA says oil price rally may start to ease

Updated at : 2021-11-16 15:20:01

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Last month, the IEA, which advises governments on energy policy, said oil prices were "scaling multi-year highs."

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The Relative Strength Index of the stock stood at 58.93 on Tuesday.

Marico shares fall 0.47% as Nifty drops

Updated at : 2021-11-16 14:20:01

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The stock quoted a 52-week high price of Rs 606.0 and a 52-week low of Rs 362.05.

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The Nikkei share average gained 0.11% to close at 29,808.12, after having gained as much as 0.6%. The broader Topix also edged up 0.11% to 2,050.83.

Miners, banks drag Australia shares lower

Updated at : 2021-11-16 14:20:01

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"Inflation worries appear to be overpowering the Australian share market despite a dovish projection on the interest rate from the central bank," said Kunal Sawhney, chief executive officer of Kalkine Group said.

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