Stocks/Share Market - Angel One

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Dark horse stock of the day: Softtech Engineers gains 20% in a weak market

4 October 2023

Shares of Softtech Limited witnessed a significant surge today. The stock opened trading at Rs 179.40 per share, representing a weak opening with a 1.42% decrease compared to the previous day’s closing price of Rs 182 per share on the BSE. As of writing this article, the stock is trading at Rs 218.40, which is …

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Sasken Technologies defies market trends with 13% surge; forges IoT partnership with Qualcomm

4 October 2023

Despite the persistent downtrend in domestic indices, where all sectoral indices dipped into the red, a shining exception emerged in the form of the BSE Smallcap index, which outperformed the broader market by a significant margin. In the midst of this challenging market environment, Sasken Technologies Ltd, the top gainer in the BSE Smallcap segment, …

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Upper Circuit Stocks Today – 4 October, 2023

4 October 2023

On Wednesday, the benchmark indices were trading lower with the Sensex down around 400 points or 0.61% at 65,114 and the Nifty-50 down around 132 points or 0.67% at 19,400. About 1,544 shares have advanced, 1,899 declined, and 161 are unchanged on the BSE.  Top gainers and losers on the BSE Sensex index are as …

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Top Two Stocks to Watch Today – 04 October, 2023

4 October 2023

Nifty opened lower at 19,622 and extended its downward move to 19,480 within the initial hour of trading. Nifty gradually recouped some of the losses after the initial hour of trading but failed to turn green. This pattern reflects a lack of strength in the market to sustain the highs. The support area on the …

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Nifty and Bank Nifty Analysis and Trading Strategy for October 04, 2023

4 October 2023

Nifty View: The Nifty formed an almost open-high candle on Tuesday. It dipped below last Thursday’s low on an intraday basis but managed to close above the 19,500 mark. The recovery was limited to less than 50% of the first hour’s bar. After the first hour, the Index traded in a range of less than …

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Ashoka Buildcon: Let’s take a deep dive into this infra-sector gem

3 October 2023

Company Profile   Ashoka Buildcon Limited is a well-established construction company with a strong track record of executing EPC (Engineering, Procurement, and Construction) contracts and BOT (Build-Operate-Transfer) road projects. The company has over two decades of experience and has established strong relationships with state government departments, NHAI, and the Ministry of Road Transport and Highways. ABL …

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Nifty50 PB ratio falls drastically as index switches to consolidated book value calculation

3 October 2023

About Nifty50 The Nifty 50 index is the crown of the Indian capital market, tracking the 50 largest and most liquid companies listed on the National Stock Exchange of India. It is a highly selective index, with companies chosen based on their free-float market capitalization and liquidity, measured by average impact cost. This ensures that …

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Man Industries hits 52-week high on Rs 400 cr order win; complete details inside

3 October 2023

Man Industries Limited, engaged in the manufacturing and exporting of large-diameter carbon steel pipes, has made a significant announcement regarding orders received by the company. As detailed in the official report, the company has received an order from one of its prominent customers for the supply of pipes. The company has not specifically mentioned the …

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Stock splits to watch out for in the month of October

3 October 2023

Stock splits are often seen as a sign of a company’s success. This is because companies typically only split their stock when they are growing and profitable. As a result, stock splits can lead to positive investor sentiment, which can drive up the stock price. Four companies, namely Surya Roshni Limited, Focus Lighting and Fixtures …

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Ashish Kacholia’s portfolio company crosses a significant milestone of Rs 4,000 per share; do you own it?

3 October 2023

Shares of Safari Industries, a prominent luggage maker in India engaged in the business of manufacturing and trading luggage and luggage accessories, experienced a notable surge today from the opening of the morning trading session. The stock of the company surged by approximately 7% today, achieving a 52-week high price of Rs 4,190 per share. …

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