Page 2 - Basf India News Today

The stock market showcased significant movements as several stocks rose above their 100-day Simple Moving Average (SMA) on August 28, a pivotal technical indicator.

Fifteen stocks were found to be trading with Relative Strength Index (RSI) trending down, according to a report by StockEdge. From this group, ETMarkets has selected 10 stocks that are currently trading in an overbought zone. The RSI is a commonly used technical analysis tool that assesses the magnitude and speed of price changes in a security

FIIs also raised their stake in Sheela Foam, Tata Coffee, Akzo Nobel India, BASF India, Datamatics Global Services, Garden Reach Shipbuilders & Engineers, PSP Projects, Honda India Power Products and Hindustan Copper during the same period.

Stocks to watch out for today: Tata Consumer, Apollo Tyres, BASF India, Indian Overseas Bank, InterGlobe Aviation, Keystone Realtors, Inox Green Energy, Voltamp Transformers, IIFL Wealth Management, HEG, Can Fin Homes, Fino Payments Bank and more

B&K Securities is bullish on select stocks from the chemical space, which has already produced over 50 wealth creators in the past five years. The brokerage has a 'Buy' call on players such as SRF, BASF India, Gujarat Fluorochemicals, Aarti Industries and Atul Ltd. Historical data showed that Jyoti Resins & Adhesives emerged as the top gainer in the sector with a gain of over 5,800 per cent since October 2017. Shares of the company climbed to Rs 1,417.70 on October 3, 2022 from...

BASF India jumped 3.89% to Rs 1700.55 after the specialty chemical maker reported a consolidated net profit of Rs 115.15 crore in Q3 FY21 as against net loss of Rs 32.38 crore in Q3 FY20.Net sales for Q3 FY21 grew 24.4% to Rs 2,506.54 crore as against Rs 2,014.38 crore in Q3 FY20. The result was announced during market hours today, 9 February 2021. The company recorded a pre-tax profit of Rs 196.57 crore in Q3 FY21 as against a pre-tax loss of Rs 38.92 crore in Q3 FY20. The company posted a tax...