Introduction: Jash Engineering Limited is involved in the manufacturing a wide range of equipment for Water Intake Systems, Water and Waste Water Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Power, Steel, Cement, Paper & Pulp, Petrochemicals, Chemical, Fertilizers, and other process plants. Jash offers a...
Va Tech Wabag has been in correction since reaching 1906 levels in the second week of Dec 2024. The cancellation of a ₹2,700 crore order for a 300 million litres per day (MLD) mega seawater desalination plant in Saudi Arabia in the month of Dec 2024 caused the steep fall in share price. The order was cancelled due to some internal administrative procedures. This...
TITAGARH has been in a downtrend since it attained a level of 1895 levels in June 2024. On the weekly chart, it is trading near the strong support zone of 988. Next key support levels are 789, 612 The resistance level are 1002, 1355, and 1598 Downside risk is limited. Huge upside potential. You can enter if the stock touches the 1002 level and retains strongly...
Quartey Result Outlook In Q3FY25, Axis bank reported a year-on-year increase of 8.6% in Net Interest Income (NII), reaching INR 136,059 million. The Bank reported a Pre-Provisioning Operating Profit of INR 105,339 Mn for the quarter, reflecting a year-over-year growth of 15.2%, although there was a slight decline of 1.7% quarter-over-quarter, primarily...
Zomato Ltd's overall expenses for the quarter increased more quickly than its revenue, causing Zomato Ltd.'s Q3 FY25 net profit to drop more than 66% from the previous quarter to Rs 59 crore. Zomato's October–December 2024 revenue reached Rs 5,405 crore, a 13 percent increase over the previous quarter. Zomato has been in a downtrend since it reached 300 level in...
OIL India Ltd. has been in a downtrend since it attained the peak level of 763 in Sept 2024. It has strong support around 414 levels. 488 level is acting as the strong resistance. 20 EMA (Black Line) is trading just below 50 EMA (Orange Line) and 100 EMA line (Sky Blue line). In the weekly closing, if the 20 EMA crosses above 50 EMA and 50 EMA crosses above 100...
Manappuram Finance Ltd. has been trading within a tight range in a BOX PATTERN for the past couple of weeks. Yesterday, there was a clear and significant break in the box pattern. The stock took strong support on 20 EMA (Black Line). Resistance levels: 176, 187, 203, 214, 228. For confirming the bullish trend, 20 EMA (Black Line) has to trade above 50 EMA (Orange...
Introduction: HMPV Virus Cases are surging and market reacted wildly to the reports of fresh cases in India. Hence healthcare and hospital sectors are again coming under limelight. The India VIX, a measure of market fear, surged by 13% due to a broad sell-off in mid and small-cap stocks across all sectors. The Sensex declined by more than 1,200 points, reaching a...
Introduction: Premier Roadlines Limited is a certified logistics provider approved by IBA, offering dry cargo services from 1 MT to 250 MT. Operations are handled through third-party trucks, trailers, and hydraulic axles, with a strong network across India and growing reach in Nepal and Bhutan. Fundamentals: Market Cap: ₹ 283Cr.; Stock P/E: 21.2 (Ind. P/E: 28.9)...
Introduction: Lloyds Engineering Works Ltd is primarily engaged in the design, Manufacturing, and Commissioning of heavy equipment, machinery & systems for the HydroCarbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects Fundamentals: Market Cap: ₹ 9,913 Cr.; Stock P/E: 102 (Ind. P/E: 43.32) 👎; ROCE: 28.3% 👍 ; ROE: 26.2%...
IdeaForge Techno Ltd. has given a breakout with strong volume. Previously, it was trading in a box pattern since mid-October 2024 with support and resistance levels of 577 and 625 respectively. The resistance level of 625 was broken and trading around 646. 20 EMA (Black line) has to traverse above the 50 EMA (Orange line), in order to confirm the bullish trend....
IRB Infra Developers Ltd. has given a breakout recently with strong volume. It has been trading in a Box pattern since Oct 2024 with support and resistance of 54 and 61, respectively. 20 EMA (Black line) is just above the 50 EMA (Orange line), indicating the momentum in the stock price. However, the box pattern has to be decisively broken in the weekly chart to...
Introduction: Zaggle develops financial solutions and products that are of the highest quality, enabling corporations, SMEs, and startups to effectively manage their business expenses through innovative and automated workflows. It is at the intersection of fintech and SaaS (software as a service). Zaggle is the foremost issuer of prepaid cards in India. It has...
Introduction: Wallfort Financial Services Ltd. offers research and investment advisory services in the cash and derivative segments, as well as broking and allied financial services. Equity Research and Trading are components of the company's institutional stockbroking activity. It also provides depository services through its in-house depository, NSDL, and...
Granules India is trading in a Box Pattern since Mid Sept 2024. Currently it is trading below the strong resistance level of 610. 20 EMA (Black line) is above the 50 EMA (Orange line), indicating the momentum in the stock price. However, the box pattern has to be decisively broken in the weekly chart to confirm the bullishness. Resistance levels: 610, 664, 696,...
Devyani International has been trading in a box pattern since Oct 2024. It has strong support around 161 levels. Currently it is in strong consolidation around 172 levels. Current market turmoil has negligible impact on the stock price. However, a volume spurt has to happen for significant momentum toward upside levels. Resistance levels: 180, 194, 223,
Introduction: GEM Enviro Management Limited is a waste management firm that was founded in February 2013 and focuses on recycling all packaging trash, including plastic waste. Business Services: 1. EPR consulting and fulfillment for plastic waste 2. Collection and recycling of waste plastic from industry 3. Recycled product marketing and sales 4. Business...
Introduction: Yatra Online Limited serves both local and foreign clients by providing them with information, prices, availability, and the opportunity to book. In terms of both corporate clients and online booking income, Yatra ranks third in India, and it is the biggest corporate travel services supplier in the country. With the most hotels as of FY24, Yatra is...