there might be chances of stock price going up if this merger take place as this will benefit vijaya bank as well as dena bank. because dena bank has very good market in maharashtra and vijaya bank has good network in southern part.
Beta : 0.4370
Annual div yield (ADY): 1.43%
Div yield(5 year avg): 0.82%
Div growth rate (5 year): 58.49%
Some Discussion on "BETA":
A measure of a stock's risk of volatility compared to the overall market.
The market's beta coefficient is 1.00. Any stock with a beta higher than 1.00 is considered more volatile than the market, and...
Huge volume of buyers this week. Though penny stocks don't really care about trendlines, but still taken nice support and gaining momentum.
Still a bad stock to trade as nothing is working well in terms of fundamentals.
STRICTLY FOR RISKY TRADERS as technical analysis never worked for me for penny stocks.
NLC India Ltd
NLC India Ltd. is engaged in the mining and exploration of lignite and generation of thermal power in India. The company owns opencast mines and thermal power stations. It supplies power to diverse industries such as electricity boards, cement companies and paint companies, in addition to other...