Buy NMDC; target of Rs 135: Sharekhan
Sharekhan is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 135 in its research report dated August 17, 2023.
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Sharekhan is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 135 in its research report dated August 17, 2023.
Equities research analysts at StockNews.com initiated coverage on shares of M.D.C. (NYSE:MDC – Get Free Report) in a report released on Thursday. The brokerage set a “hold” rating on the construction company’s stock. MDC has been the topic of a number of other research reports. Seaport Res Ptn restated a “neutral” rating on shares of […]
If MDC closes above $46 on September 15, we will be assigned and earn $1.65 per share on $44.35 at risk, or 3.72%. Over a holding period of 29 days, the annualized return would be 46.8%.
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NMDC broke the falling resistance trendline adjoining highs of January 13 and August 1, and clocked more than 4 percent gains at Rs 118.70. The stock has seen formation of long bullish candlestick pattern on the daily timeframe, with multi-fold jump in trading volumes.