Page 4 - Knr Constructions News Today

Trent has continued higher highs, higher lows formation for second consecutive session, after Bullish Engulfing candlestick pattern formation, which is bullish reversal pattern, on August 8, followed by continuity in strong uptrend for next two sessions with robust volumes.

After forming a new high, Nifty has moved into a phase of correction But the market participation continues to rise. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.

With NHAI awarding picking up in June after a muted start to the year, Nuvama Institutional Equities prefers companies with healthy balance sheets--PNC Infratech and KNR Constructions.

Companies like Borosil Renewables, Nocil, Tech Mahindra, HCL Technologies, Gujarat Alkalies and Chemicals, KNR Constructions, and Coal India, showcasing strong performance in their respective sectors.

While the nifty corrected last week, even then more mid caps stocks are joining the party. Stocks from sectors like construction, pharma fertilizer have come to the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

RSI is a widely used technical indicator in the world of stock trading. It provides valuable insights into a stocks overbought or oversold conditions, helping investors gauge potential price movements

Crossing the 50-day SMA is a significant technical indicator for investors, signaling potential positive price trends for these stocks. These companies recent performance indicates their growth potential and market confidence in the dynamic stock market.

We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

Several stocks, including Jamna Auto Industries, Avanti Feeds, CESCC, Container Corporation of India, Trident, KNR Constructions, DCM Shriram, Rain Industries and Cipla, surpassed their 200 Simple Moving Average on July 6, 2023, indicating a bullish momentum shift.