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Century Plyboards (India) Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 11347.49 Crore) operating in Building Materials sector.

“Most of the cement companies saw margins decline. But from a picking perspective, the pecking order should have to be with respect to the overall capacity that the companies have. The larger the company, the better it would be is the simple metric one should look at because it would be able to ramp up its production as the demand starts moving higher. ”

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Buy Trent, target price Rs 1500: Motilal Oswal

Updated at : 2023-02-09 11:35:04

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Trent Ltd. key Products/Revenue Segments include Readymade Garments, Other Operating Revenue and Rent for the year ending 31-Mar-2022.

“RBI has gone ahead and hiked the rate to 6.5% but there were two dissents. Going forward, the internal within the committee, external members are right now pushing the envelope on further rate hike. From all that perspective, we believe that barring unforeseen circumstances, we are pretty much done on the policy rate hike.”

Computer Age Management Services Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 11047.32 Crore) operating in Financial Services sector.

The Nifty Auto index was trading 0.18 per cent down at 13232.9.

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PIMCO, which manages $1.7 trillion in assets, said last month it would focus on high-quality bonds this year due to their higher returns and the protection they offer should the global economy economic downturn be deeper than anticipated.

On the chart, it was struggling to stay above the level of Rs 50. A breakout occurred in last session, and it jumped by 10% in one day while also managing to close above the Rs 51 level. It is also trading above the 30-Day EMA at the moment, which is encouraging for the continuation of the uptrend.

"Once we saw that 20-25% ARPU increase recently on the entry price for Bharti Airtel, they have revised it. But again, at an aggregate level, the ARPU remains quite okay and there is not much growth. So, unless we see meaningful growth in the ARPU and the debt level remains a little lower, the stock will remain a bit muted."

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