Nifty Closes at ₹24,348.8 (-0.08%), Axis Bank Closing Higher for Last 4-days & Eris Lifesciences for 5-days
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Top Indices Performance Overview
Nifty 50 Performance Overview
The Nifty 50 kicked off the day at ₹24,317.9, showcasing a bit of a roller coaster ride. It dipped to a low of ₹24,212.3, but rallied to a high of ₹24,472.69 before closing at ₹24,348.8, a slight -0.08% decrease for the session.
Let’s peek at the top gainers and losers that influenced today’s Nifty 50 movement.
Nifty 50 Top Gainers
Nifty 50 Top Losers
Nifty 50 Stocks To Watch for Tomorrow
➲ Axis Bank (Looking Bullish)
- Performance Snapshot: Over the past 25 trading days, Axis Bank has closed higher 12 times and lower 13 times.
- Recent Trend: Axis Bank has been on a 4-day winning streak, with no losses since Tuesday, August 6th, 2024.
- Returns: While Axis Bank experienced a -9.46% return over the past 25 trading sessions, it’s important to remember that short-term fluctuations are common in the stock market. This means that an investment of ₹10,000 would have become ₹9,054 during this period.
- Financial Highlights: In the last 12 months, Axis Bank generated a remarkable revenue of ₹64,970.45 Crore and achieved a strong profit of ₹26,731.28 Crore.
- As of Monday, August 12th, 2024, Axis Bank has a Market Capital of ₹3,53,292.56 Crore.
- Key Takeaway: The recent trend for Axis Bank suggests a potential bullish outlook. Keep an eye on its price movements to gauge short-term and long-term growth potential. To explore potential targets for Axis Bank, check out Axis Bank Target for Tomorrow and Axis Bank Targets for 2024 & 2025.
Axis Bank Financial Performance
➲ Britannia (Bearish Trend)
- Performance Snapshot: In the last 25 trading days, Britannia’s share price has closed higher 14 times and lower 10 times.
- Recent Activity: Britannia has been on a four-day downward streak, closing lower every day since Tuesday, August 6th, 2024.
- Returns: Over the last 25 trading sessions, Britannia has generated a 1.68% return. This means an investment of ₹10,000 would have grown to ₹10,168.
- Financial Highlights: In the past 12 months, Britannia generated revenue of ₹16,957.76 Crore and recorded a profit of ₹2,187.89 Crore.
- As of Monday, August 12th, 2024, Britannia has a Market Capitalization of ₹1,38,334.33 Crore.
- In Summary: Britannia’s recent performance has shown a bearish trend. We suggest keeping a close eye on Britannia’s share price movement, especially considering its projected target for tomorrow and its projected targets for 2024 and 2025.
Britannia Financial Performance
Nifty 500 Performance Overview
The Nifty 500 started the day at ₹22,940.3, showing some volatility throughout the session. It dipped to a low of ₹22,869.5 but climbed to a high of ₹22,982.34 before ultimately closing at ₹22,921.94, a positive gain of 0.95%.
This movement was influenced by a mix of top gainers and losers, which you can see in the table below.
Nifty 500 Top Gainers
Nifty 500 Top Losers
Nifty 51 to 500 Stocks To Watch for Tomorrow
➲ Eris Lifesciences (Looking Bullish)
- Performance Snapshot: Over the past 25 trading days, Eris Lifesciences has closed higher 21 times and lower 4 times. That’s a pretty strong showing!
- Recent Momentum: Eris Lifesciences has been on a roll, closing higher for five consecutive days, with the most recent green close on Monday, August 5th, 2024.
- Returns: Eris Lifesciences delivered an impressive 18.88% return over the last 25 trading sessions. This means if you had invested ₹10,000, your investment would have grown to ₹11,888.
- Financial Highlights: Over the past year, Eris Lifesciences generated total revenue of ₹2,246.85 Crore and earned a profit of ₹380.3 Crore.
- As of Monday, August 12th, 2024, Eris Lifesciences has a Market Capitalization of ₹16,302.46 Crore.
- In a Nutshell: Eris Lifesciences is showing a strong bullish pattern. Investors are keeping a close eye on its price movements to identify potential opportunities for both short-term and long-term growth. Checkout Eris Lifesciences Target for Tomorrow and Eris Lifesciences Targets for 2024 & 2025.
Eris Lifesciences Financial Performance
➲ Thermax (Bearish Trend)
- Performance Overview: Over the past 25 trading days, Thermax has closed lower 17 times and higher 8 times.
- Recent Trend: Thermax has been on a downward trend for the past 7 days, without a single day closing higher since Thursday, August 1, 2024.
- Returns: If you had invested ₹10,000 in Thermax over the last 25 trading days, your investment would have decreased to ₹7,510, representing a loss of -24.9%.
- Financial Insight: Over the past 12 months, Eris Lifesciences has generated revenue of ₹9,323.46 Crore and recorded a profit of ₹645.28 Crore.
- As of Monday, August 12, 2024, Eris Lifesciences has a Market Capital of ₹58,166.4 Crore.
- Summary: Thermax is currently in a bearish phase. We encourage investors to closely monitor the stock, particularly the Thermax Target for Tomorrow and Thermax Targets for 2024 & 2025.
Thermax Financial Performance
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