Welspun India

Eicher Motors traded way above all key moving averages and largely maintained upward trend after a range breakout in previous week.

Trade Spotlight | Your strategy for Prism Johnson, Welspun India and Finolex Cables

After hitting three-and-half-month low, Finolex Cables rebounded smartly in last two sessions and climbed back above 200-day EMA, which is a positive sign. The stock formed long bullish candlestick pattern on the daily charts, with above average volumes.

Trade Spotlight | Your game plan for Olectra Greentech, Welspun India, GMM Pfaudler today

Welspun India formed robust bullish candlestick pattern on the daily timeframe with strong volumes. The stock maintained downward sloping resistance trendline breakout in the mid of October as well as stayed above all key moving averages, which is a positive sign.

Buy Welspun India; target of Rs 163: Sharekhan

Sharekhan is bullish on Welspun India has recommended buy rating on the stock with a target price of Rs 163 in its research report dated October 25, 2023.

Trade Spotlight | How to deal in Hero MotoCorp, NBCC, Welspun India counters today

NBCC traded above all key moving averages since the second half of July, and formed long bullish candlestick pattern with upper and lower shadows on the daily charts, with robust volumes.

Buy Welspun India; target of Rs 130: Sharekhan

Sharekhan is bullish on Welspun India has recommended buy rating on the stock with a target price of Rs 130 in its research report dated July 31, 2023.

Trade Spotlight | Your strategy for Hindustan Copper, CIE Automotive, Welspun India today

Trend for Welspun India looks bullish. Any dip towards Rs 105 can be used as a buying opportunity for a move towards Rs 122 as long as Rs 100 holds on the downside.

Textile companies to see a turnaround from Q3FY24: Analysts

Textile players expect demand to pick up again by the third quarter of FY24 as global retailers reduce their inventories.

Bulk Deals | Ashish Chugh picks stake in Cravatex, Madhuri Madhusudan Kela buys additional shares in Sangam India

D-Link India was down nearly 4 percent to Rs 225. Ace investor Ashish Kacholia has sold further 3.69 lakh equity shares in the networking products manufacturer at an average price of Rs 227.91 per share.

Hold Welspun India; target of Rs 115: Sharekhan

Sharekhan recommended Hold rating on Welspun India with a target price of Rs 115 in its research report dated May 02, 2023.

Welspun gains on buyback approval, jump in Q4 net profit

The company has approved a share buyback plan to purchase 1.625 crore shares at an aggregate amount of Rs 195 crore. It also released its Q4FY23 numbers and reported a 140 percent YoY jump in net profit at Rs 125 crore.

Gainers & Losers: 10 stocks that moved the most on April 25

As many as 1,821 shares advanced, 1,614 declined, and 110 remained unchanged as the benchmark indices closed with minor gains in a volatile trade

Welspun India surges 4% on share buyback proposal

The board of directors will meet on April 27 to consider a share buyback, approve Q4 and FY23 results and also recommend a dividend for the year ended March 31, 2023, the company has said

Welspun India to consider share buyback on April 27

The stock exchange filing did not specify the quantum of share buyback and dividend amount Welspun India's board of directors will consider and as part of the proposal.

Trade Spotlight | What's your strategy for Welspun India, Graphite India, Eicher Motors today

Eicher Motors jumped 2.7 percent to Rs 3,213 and formed bullish candlestick pattern on the daily timeframe for third straight session, which resembles Three White Soldiers kind of pattern.

Three stocks that may fetch up to 17% returns in short term as Nifty goes on a rally

The zone of 17,600 –17,800 would be a tough nut to crack since we have a gap area near 17,500–17,600. Traders are advised to book their longs in index near this zone

Trade Spotlight | Your strategy for Nykaa, Welspun India, Tejas Networks today

Nykaa rallied nearly 8 percent to Rs 136.65 and formed a long bullish candlestick pattern on the daily charts, after taking support at around Rs 121-122 levels in the previous session and defended the all-time low of Rs 120.70 on January 23 this year.

Trade Spotlight: What should you do with Welspun India, Britannia Industries, LTIMindtree on Friday?

Welspun India shares rallied nearly 9 percent to Rs 70 and formed robust bullish candle which resembles Bullish Engulfing kind of pattern formation on the daily charts with large volumes after taking a support in previous session at horizontal support trendline adjoining lows of May 26, 2022 and February 1, 2023.

Hold Welspun India; target of Rs 75: Sharekhan

Sharekhan recommended Hold rating on Welspun India with a target price of Rs 75 in its research report dated January 30, 2023.