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Trendlyne has reported that 45 Nifty50 stocks have recently experienced the Golden Crossover, a bullish technical pattern that occurs when a stock's short-term moving average crosses above its long-term moving average.
As we await the curtain raiser to the much-anticipated ETPrime Women Leadership Awards (ETPWLA) 2023 Grand Finale, the Economic Times is thrilled to announce the final contenders for the coveted Operations Leader of the Year Award. These exceptional women leaders have established groundbreaking standards and accomplished extraordinary milestones in the realm of operational excellence and management over the past year.
44 stocks from Nifty50 have experienced the Golden Crossover technical pattern, indicating a shift in momentum from bearish to bullish, ETMarkets reports. The cross occurs when a stock's short-term moving average, the 50-day simple moving average (SMA), passes above its long-term 200-day SMA.
In the previous year, Puri's salary was Rs 10.66 crore.
ITC Ltd's board has recommended the reappointment of Sanjiv Puri as chairman and managing director for an additional five years, starting from July 22, 2024. The proposal will be put forward during the company's annual general meeting in August. Puri has been with ITC since 1986 and has held various leadership positions. Under his leadership, the company has focused on innovation, digital acceleration, cost optimization, and customer centricity. In FY23, Puri's total compensation was INR 16.31 crore ($2.19 million), a 53% increase from the previous year.