Produced by: BT Desk Designed by: Manoj Kumar
In the upcoming week, all eyes will be on the RBI monetary policy outcome, which will provide some cues for the market going forward.
Tata Motors's Q3 margin beat analyst estimates by a healthy margin and the decline in its average selling price got halted after three successive quarters due to better mix.
Has managed to breached key price swings. The market capitalization of the company is ₹32,575.93 crore. The 52-week high of the stock is ₹586.35, while 52-week low is ₹412.2.
Stock's in consolidating range for the last few weeks with the 50-week SMA providing support.
This week, the stock broke out of a 7-week trading range on the back of above-average volumes, augures well for uptrend.
Since July, stock is positive on momentum. Shares of Hindustan Construction Company Ltd soared 9.20 per cent to hit their 52-week high price of Rs 32.42
NTPC is at present trading at a price of Rs 338.8. Over the past three years, the stock has delivered impressive returns of 238.99%.
The state-owned iron ore company recorded iron ore output of 4.54 million metric tons (mt) in January, growing 8.09 percent over the year-ago period. Sales grew by 18.8 percent year-to-year to 4.56 mt during the month.
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