November 23, 2024

Indian stock markets

Mid-cap Stock: Responsive Industries expects strong growth due to India’s infrastructure plans; Ventura sees 48% upside | Stock Market News

Mid-cap Stock: Responsive Industries expects strong growth due to India’s infrastructure plans; Ventura sees 48% upside | Stock Market News

TheSpuzz Desk06 mins

Source: Live Mint Responsive Industries announced that it anticipated substantial growth following a major government infrastructure initiative. Moreover, brokerage house Ventura Securities has initiated coverage with a buy call on the mid-cap stock with a target price of ₹436, implying an upside potential of 48 per cent in the next two years. Exchange Filing Responsive…

Read More
Trafiksol ITS Technologies market debut postponed due to undisclosed queries, BSE informs on X | Stock Market News

Trafiksol ITS Technologies market debut postponed due to undisclosed queries, BSE informs on X | Stock Market News

TheSpuzz Desk04 mins

Source: Live Mint Trafiksol ITS Technologies IPO listing: Shares of Trafiksol ITS Technologies, which were supposed to make their D-Street debut on the bourses today, September 17, 2024 on BSE SME has been posponed. “The listing of equity shares of Trafiksol ITS Technologies Limited for September 17, 2024 has been postponed till certain queries that…

Read More
Inox Wind Stock Check: Up over 394% in 1 year, should you still buy it? Technical and fundamental experts answer | Stock Market News

Inox Wind Stock Check: Up over 394% in 1 year, should you still buy it? Technical and fundamental experts answer | Stock Market News

TheSpuzz Desk011 mins

Source: Live Mint Inox Wind (INOXWIND) has recently captured significant attention in the stock market, with technical analysts forecasting a promising trajectory. The Renewable energy stock has witnessed a remarkable multi-bagger rally, with the stock climbing over 394 per cent last year. So far in 2024, the stock has risen by 91 per cent, giving…

Read More
Stock market today: Nifty 50, Sensex fall over half a per cent ahead of US inflation data; Tata Motors cracks 6% | Stock Market News

Stock market today: Nifty 50, Sensex fall over half a per cent ahead of US inflation data; Tata Motors cracks 6% | Stock Market News

TheSpuzz Desk06 mins

Source: Live Mint Indian shares showed considerable volatility during Wednesday’s trading session as investors braced for the August US consumer inflation report that could help determine the scale of an expected interest rate cut from the Federal Reserve next week. During the session, the Nifty 50 index fell by 0.50 per cent, slipping below the…

Read More
FPI-favourite penny stock Evexia Lifecare sets board meeting date for fundraise. Details here | Stock Market News

FPI-favourite penny stock Evexia Lifecare sets board meeting date for fundraise. Details here | Stock Market News

TheSpuzz Desk07 mins

Source: Live Mint Shares of Evexia Lifecare came into the spotlight on Wednesday, September 11, after the company announced its upcoming board meeting, set for Monday, September 16, 2024, to discuss a significant fundraising initiative. The board is expected to consider raising funds through the issuance of convertible equity warrants and/or equity shares on a…

Read More
Penny stock under ₹10: Small-cap East West Freight Carriers jumps 4% following strong FY24 report | Stock Market News

Penny stock under ₹10: Small-cap East West Freight Carriers jumps 4% following strong FY24 report | Stock Market News

TheSpuzz Desk03 mins

Source: Live Mint Shares of East West Freight Carriers were on focus on Tuesday, September 10, following the release of its FY24 annual report. The stock rose by 4.1 percent, reaching an intra-day high of ₹7.08. Despite today’s rally, the smallcap stock remains 38.3 percent below its 52-week high of ₹11.47, hit in December last…

Read More
No valuation dip expected in mid and smallcap stocks if they deliver on expected earnings growth, says Krishnan VR | Stock Market News

No valuation dip expected in mid and smallcap stocks if they deliver on expected earnings growth, says Krishnan VR | Stock Market News

TheSpuzz Desk010 mins

Source: Live Mint Krishnan VR, Chief of Quantitative Research team at Marcellus, believes that valuations of Indian markets are clearly quite extended both compared to history and across various sectors and stocks. However, he opined that as long as mid- and small-cap stocks deliver on expected earnings growth, there won’t be any valuation derating. He…

Read More