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Techno Electric & Engineering Company Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 3344.00 Crore) operating in Engineering sector.

“After the fall in the retail price index that is the CPI to below 7% in July, the wholesale price index is also now down to 13.93%, down from 15.18% in June. But the fact is this is on a fairly high base. On July ‘21, WPI was 11.57% and so it was fairly high. We need to keep that caveat in mind.”

The stock has been on buyers’ radar so far in 2022, but it picked up momentum in the last three months. The stock has risen by about 10 per cent in a week which resulted in a strong bullish candle on weekly charts, and nearly 30 per cent in the last three months, Trendlyne data showed.

"The Indian market offers a very unique breadth of opportunities. Often these opportunities are not captured by the top 50 or 100 names because many of these firms are smaller in size and very fragmented. These small and midcap companies are growing much faster than some of the larger names and we see a significant structural growth opportunity here."

“Every style will have its own time, every style does not work throughout. In ten years the same style will never work. So styles will go out of favour. Like the same cricket team does not work, what was top of the charts last year are bottom of the charts this year! Look at IPL, the top two teams are the bottom two teams.”

"We had gone into last week hoping to find signs that the 18,200 trajectory, would be intact or not. For this, we were eying the 17,570 mark as a crucial point. The manner in which this was taken down last week encourages us to expect that the 17,750-17,830 region, which has disappointed multiple uptrend attempts since November, could be taken down before aiming for 18,200."

The positive news around DOGE which positioned it as a payment currency may have sparked investor interest in the meme coin. DOGE is a strong contender for integration into the global payment mechanism and it needs to find a real-world use case very soon.

"We divided the portfolio across market caps and across sectors. Most of these companies are predictable Rahul Dravid-type growth machines while a few are like Rishab Pant - the hard hitters. We buy growth companies because when you buy such stocks that are leaders in their space the stock moves up steadily as it gets cheaper with each passing day (due to above-average earnings growth)."

“Though Nifty paused on Tuesday at 17,835, we are not convinced that Nifty has topped out. This encourages us to continue riding the 18,200 view, but with VIX slipping, trading ranges are indeed shrinking,” Anand James - Chief Market Strategist at Geojit Financial Services, said.

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Repco Home Finance Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 1139.56 Crore) operating in NBFC sector.

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