Numerous companies on the market have delivered multibagger gains to investors. One of these stocks can be found in MIC Electronics(NSE: MICEL). The penny stock that was a popular option a few years ago has turned into an investment with multiple bags. Over the past few years, the cost of MIC Electronics has seen an increase of 2757 percent. In August of 2019, the share price grew from 2.8 to Rs. 80 now. MIC Electronics stock has given impressive returns even in the short term. The stock is up over 166 % during the last year. However year-over-year, in 2024,…
Author: careermotto
If you have SBI (NSE: SBIN) share or are going to buy them, then this news is very important for you. A top brokerage firm has also reduced its target on SBI from ₹ 841 to ₹ 742. After this news, State Bank shares fell 1.84 percent to Rs 803.50. According to news, a top brokerage believes that SBI may face many challenges going forward, as its return on assets (ROA) is at its peak and the brokerage expects a reduction in the valuation of India’s largest lender. Risk-Reward Profile ‘Unfavourable’ SBI’s risk-reward profile has turned ‘unfavorable’ as the bank’s…
Shares of energy company KEC International (NSE: KEC) are flying on Friday. The company’s share price rose 5% to a 1-year high. The reason behind this jump is the news of the company getting T&D orders worth Rs 1423 crore from Saudi Arabia. On Friday, the KEC International share price opened at Rs 1036.05 on the BSE, which is about Rs 7.75 higher than the previous day’s closing price of Rs 989. After this, the KEC International share price touched its 52-week high. However, due to the earthquake in the stock market, it was trading at 1.24 percent up around…
Vodafone Idea Ltd (NSE: IDEA): Vodafone Idea Ltd’s share has fallen by over 13 %, to 13.43 rupees. The share of the company was traded at 15.09 rupees on Thursday. Market experts believe that Vodafone Idea Ltd’s share may see the beginning of a steep decline. A leading brokerage house in the world has advised selling Vodafone Idea Ltd’s share. Brokerage house IHS has kept a “sell” rating for telecom’s shares. Vodafone Idea Share Can Go Up To 2.50 Rupees The world’s largest brokerage firm has set an estimated price of 2.50 rupees for Vodafone Idea Ltd’s share. In other…
The stock market saw a lot of selling on Friday (September 6). Amidst this decline, many stocks are seen at good valuations for positional traders. A brokerage house has given its call on 2 such stocks, which can have good movement in the next 10 days and can bring great profits. These stocks include Sunteck Realty Ltd (NSE: SUNTECK) and Healthcare Global Enterprises Ltd (NSE: HCG). Sunteck Realty The brokerage house has been made a momentum pick for Sunteck Realty Ltd. The target is 620. Stoploss has to be kept at 562. CMP is 583. A…
