Nifty Closes at ₹24,851.75 (+1.82%), HDFC Life & Ajanta Pharma Show Strong Growth, Nestle India Dips
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Top Indices Performance Overview
Nifty 50 Performance Overview
The Nifty 50 kicked off the day at ₹24,430.05, showing some initial volatility. It dipped to a low of ₹24,415.15 before rallying to a high of ₹24,860.05. The index ultimately closed at ₹24,851.75, marking a strong 1.82% gain for the day.
Let’s see which stocks were the key drivers behind this positive movement.
Nifty 50 Top Gainers
Nifty 50 Top Losers
Nifty 50 Stocks To Watch for Tomorrow
HDFC Life (Bullish Pattern)
- Performance Overview: Over the last 26 trading sessions, HDFC Life has closed higher than the previous day’s closing price 20 times, and lower 6 times. This indicates a positive trend.
- Recent Trend: HDFC Life has enjoyed a strong run, closing higher for five consecutive days, since Friday, July 19, 2024.
- Returns: During this recent period, HDFC Life has delivered impressive returns, generating a 17.95% gain. This means that an investment of ₹10,000 would have grown to ₹11,795.
- Financial Insight: HDFC Life’s strong performance is backed by solid financials. Over the past year, the company generated a revenue of ₹1,05,462.41 Crore and a profit of ₹1,636.34 Crore.
- As of Friday, July 26, 2024, HDFC Life boasts a robust market capitalization of ₹1,36,746.48 Crore.
- Summary: HDFC Life’s recent performance and strong financials paint a positive picture. This bullish pattern suggests potential for future growth. If you’re considering an investment, it’s important to monitor price movements closely. Check out our predictions for both short-term and long-term price targets: HDFC Life Target for Tomorrow and HDFC Life Targets for 2024 & 2025.
HDFC Life Financial Performance
➲ Nestle India (Bearish Trend)
- Recent Performance: Nestle India has had a bit of a rollercoaster ride in the past 26 trading sessions. It closed lower 14 times and higher 12 times.
- Recent Trend: Nestle India’s share price has been on a downward path for the past 6 trading days, closing lower every day since July 18th, 2024.
- Returns: Over the last 26 trading sessions, Nestle India’s share price has declined by 1.87%. This means that an investment of ₹10,000 would have become ₹9,813.
- Financial Insights: Nestle India’s financial performance over the past year has been strong. They generated revenue of ₹19,509.6 Crore and a profit of ₹3,196.19 Crore.
- As of July 26th, 2024, Nestle India’s market capitalization stands at a substantial ₹2,50,473.53 Crore.
- Summary: Nestle India’s share price is currently facing a bearish trend. It’s a good idea to keep a close eye on the stock’s movement in the coming days. You can find potential targets for tomorrow and the future on our website: Nestle India Target for Tomorrow and Nestle India Targets for 2024 & 2025.
Nestle India Financial Performance
Nifty 500 Performance Overview
The Nifty 500 started the day at ₹22,975.94. It went on a bit of a rollercoaster ride, dipping to a low of ₹22,969.9 and soaring to a high of ₹23,304.84 before settling down for the day at ₹23,299.75, a healthy +1.66% gain.
Let’s take a peek at the top gainers and losers that helped shape the Nifty 500’s performance today:
Nifty 500 Top Gainers
Nifty 500 Top Losers
Nifty 51 to 500 Stocks To Watch for Tomorrow
Ajanta Pharma: A Bullish Outlook
- Performance Overview: Over the past 26 trading sessions (ending July 26, 2024), Ajanta Pharma has closed higher than the previous day 15 times and lower 11 times.
- Recent Trend: Ajanta Pharma has been on a roll, closing higher each day for the past 7 trading sessions (since July 16, 2024).
- Returns: If you had invested ₹10,000 in Ajanta Pharma 26 trading days ago, it would be worth ₹10,234 today, representing a 2.34% return.
- Financial Insight: In the past 12 months, Ajanta Pharma has generated revenue of ₹4,208.71 Crore and a profit of ₹816.16 Crore.
- As of July 26, 2024, Ajanta Pharma’s market capitalization stands at ₹28,569.38 Crore.
- Summary: Ajanta Pharma is showing strong bullish signs. While past performance isn’t a guarantee of future results, the company’s recent positive trend is worth noting. If you’re interested in exploring potential future price movements, you can check out the Ajanta Pharma Target for Tomorrow and Ajanta Pharma Targets for 2024 & 2025.
Ajanta Pharma Financial Performance
Godavari Power and Ispat (Bearish Trend)
- Performance Snapshot: Over the last 26 trading days, Godavari Power and Ispat has closed lower than the previous day 17 times, while closing higher 8 times.
- Recent Trend: Godavari Power and Ispat has been on a downward streak for the past 7 days, with no positive closes since Tuesday, July 16, 2024.
- Returns: In the last 26 trading days, Godavari Power and Ispat has seen a return of -6.52%. This means an investment of ₹10,000 would have been worth ₹9,348.
- Financial Snapshot: Over the past 12 months, Godavari Power and Ispat has generated revenue of ₹5,455.35 Crore and a profit of ₹936.54 Crore.
- As of Friday, July 26, 2024, Godavari Power and Ispat has a Market Capital of ₹14,296.61 Crore.
- Summary: Godavari Power and Ispat is currently facing a bearish trend. Keep a close watch on the share price, especially the Godavari Power and Ispat Target for Tomorrow and Godavari Power and Ispat Targets for 2024 & 2025.
Godavari Power and Ispat Financial Performance
Top Stocks That Created a New All Time High Today
Top Large Cap Stocks That Created a New All Time High Today
Companies with Market Capital more than 20,000 Crores
Top Mid Cap Stocks That Created a New All Time High Today
Companies with Market Capital between 5,000 Crores to 20,000 Crores
Top Small Cap Stocks That Created a New All Time High Today
Companies with Market Capital less than 5,000 Crores