MRF, Cochin Shipyard, ONGC and Ashok Leyland among a host of other companies are likely to remain in focus this week as they are approaching their record dates for the purpose of dividends and stock splits. The record date is the date set by the company to decide the shareholders who are eligible to receive…
READ MOREReminding investors of the iron rule of mean reversion in financial markets, 12 stocks like Cochin Shipyard, HUDCO and Bharat Dynamics have crashed at least 40% from their 52-week high levels after giving multibagger returns in the last one year. A study of all BSE-listed stocks with a market capitalization of at least Rs 1,000…
READ MOREBacked by long-term strong growth visibility, the shares of Aditya Birla Real Estate (ABREL) may go up 30% predicted global brokerage firm Nomura while initiating coverage on the stock with a βbuyβ rating and a target price of Rs 3,700. Nomura believes that ABREL has all the qualities to rank among top 5 real estate…
READ MOREShares of state-run Cochin Shipyard are likely to remain in focus on Wednesday as the government will sell up to 5% stake sale in the company via an offer for sale (OFS). The floor price is set at Rs 1,540 per share and the two-day issue opens today. The base issue comprises the sale of…
READ MOREShares of PSU defence company Cochin Shipyard today rallied 10% to its dayβs high of Rs 1,846.55 on BSE as the stock entered FTSEβs All World Index, which may lead the stock to witness inflows worth $30 million. The stock ended its losing streak of the past 4 trading sessions after witnessing gains today after…
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