OPTION TRADE Derivative Pick:
Buy Bandhan Bank (Exp 26 Sep) 200 CALL AT 12.55
SL 9
TGT 17
Time Frame: 1-10 Days OPTION TRADE Derivative Pick:
Buy Bandhan Bank (Exp 26 Sep) 200 CALL AT 12.55
SL 9
TGT 17
Time Frame: 1-10 Days
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stock updates TVS Motor The company reported January sales at 3.39 lakh units, up 23% YoY and motorcycle sales at 1.55 lakh units, up 29% YoY. The company’s EV sales stood at 16,276 units, up 34% YoY and total exports at 69,343 units, up 22% YoY Hero MotoCorp The company reported total sales at 4.33 lakh units, up 22% YoY and exports at 12,664 units, up 75% YoY for January. The company’s motorcycle sales stood at 4.02 lakh units, up 21% YoY NMDC The company reported sales at 4.56 MT up 19% YoY and production at 4.54 MT up 8.1% YoY for January Dixon Technologies Nirupam Sahay resigned from the position of president and chief operating officer with immediate effect Sheela Foam Ltd The Company has completed the sale of a piece of land and building situated at Gautam buddha Nagar Rs. 22 Crores Bajaj Electronic Electronics Mart India Limited has commenced the commercial operation of two new Multi Brand Stores under the brand name ‘BAJAJ ELECTRONICS’ on 1st February 2024 Tata Consumer The Board of Directors of the Company, to acquire 100% of the issued equity share capital of Capital Foods Private Limited in a phased manner Bata The Board of Directors of the company accorded its in‐principle approval for monetizing the Company’s freehold industrial land admeasuring approximately 11.54 acres situated in Faridabad Firstsource Solution The company Debuts on Dow Jones Sustainability Index with a 96th Percentile Rating MGL The Company has acquired 100% equity shares of Unison Enviro Private Limited (UEPL) through purchase of shares from its existing shareholders at a cash consideration of Rs. 562.09 Crore Accordingly, UEPL has become Wholly-Owned Subsidiary of the Company FSN E-Commerce Ventures The company will invest $2.5 million into Nysaa Beauty LLC for operational support
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BSE 500: highs, lows and moving averages 41 stocks overperformed with 52 week highs, Stocks touching their year highs included – Axis Bank Ltd. (1,288.95, 0.3%), Bayer Cropscience Ltd. (6,653.90, 1.7%) and Bharti Airtel Ltd. (1,475.80, 1.1%). 8 stocks climbed above their 200 day SMA including India Cements Ltd. (293.23, 11.7%) and Eureka Forbes Ltd. (485.50, 6.0%). 11 stocks slipped below their 200 SMA including Au Small Finance Bank Ltd. (666.10, -3.8%) and APL Apollo Tubes Ltd. (1,539.10, -3.5%) BSE 500: highs, lows and moving averages 41 stocks overperformed with 52 week highs, Stocks touching their year highs included – Axis Bank Ltd. (1,288.95, 0.3%), Bayer Cropscience Ltd. (6,653.90, 1.7%) and Bharti Airtel Ltd. (1,475.80, 1.1%). 8 stocks climbed above their 200 day SMA including India Cements Ltd. (293.23, 11.7%) and Eureka Forbes Ltd. (485.50, 6.0%). 11 stocks slipped below their 200 SMA including Au Small Finance Bank Ltd. (666.10, -3.8%) and APL Apollo Tubes Ltd. (1,539.10, -3.5%)
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