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Dixon Technologies’ stock has multiplied investors’ wealth nearly 5-fold since March 2020.However, analysts have downgraded their recommendation on the stock
Sensex ends below flatline for second day as banks weigh on market SECTIONS Share Synopsis Throughout the day, the market move was extremely volatile as a tussle between bulls and bears played out. The S&P BSE Sensex index moved within a range of 666.64 points, between 50,846.22 and 51,512.86, during the session. NEW DELHI: Weakness continued in the market on Wednesday as benchmark indices ended below the flatline for a second straight day, primarily dragged by selling pressure in banking heavyweights. Throughout the day, the market move was extremely volatile as a tussle between bulls and ...
Synopsis Every proposal that Finance Minister Nirmala Sitharaman announced in her Budget will have long-term repercussions and some stocks are better positioned to benefit from them, analysts said. Getty Images Analysts at IIFL Securities picked ICICI Bank, ITC, L&T, Dabur, SBI Life, ICICI Lombard, HPCL, Deepak Nitrite, Quess Corp, JK Lakshmi Cement, Sudarshan Chemical and HG Infra Engg as the biggest beneficiaries of this Budget. NEW DELHI: The Union Budget may have been a non-event from the market’s point of view, but it has thrown up solid opportunity to make money. Or that’s what many...
While Reliance Industries, the Nifty 50 heavyweight lost steam in the recent days, Garre sees rival telecom Bharti Airtel posting strong revival signs as their average revenue per shares (ARPU) increase. Cracks have begun to develop in Reliance Jio Infocomm as data points to slip in trade. Garre believes that the combined sector-to-sector performance will aid in the quick performance of the Nifty index rather than relying on the singular blue-chip stock. As companies pour in solid quarterly earnings, Bernstein rejigs their portfolio more towards recovery themes this year. Garre says, "The sto...
Shares of Dixon Technologies (India) moved higher by 4 per cent to Rs 15,180, bouncing back 8 per cent from the day's low of Rs 14,090, on the BSE on Thursday after the consumer electronics company announced stock split plan. Dixon Technologies on Thursday said its board is scheduled to meet on February 2, to consider sub-division of equity shares of the company from Rs 10 paid-up to in such manner as may be determined by the board of directors. The board will also to consider and approve unaudited financial results of the Company for the quarter ended December 31, 2020, it said. Generally,...