What is a stock split and why companies do it?
A stock split is an increase in the number of outstanding shares in such a way that the proportionate equity of each shareholder remains the same. So if a firm has a capital of Rs 10 crore, with 1 crore shares, each with a face value of Rs 10, and when this firm opts to split its shares into a face value...
Daily Stock Trading Tips - June 16
Check out the top five trading stock picks of the day by Birendrakumar Singh, Technical Analyst, Religare Securities. SUZLON RECOMMENDATION: BUY Last Close: Rs 57.25 Target: Rs 64 Stop Loss: Rs 54 Suzlon has formed a rounding-bottom pattern with support at Rs 54-53 levels. On Tuesday, it gave a breakout...
Todays Stock Trading Tips - June 16
Given below are the top trading stock tips recommended by Technical Analyst Ashwani Gujral for short term for today. Source: MoneyControl.Com Reliance Power: Buy this with a stop of Rs 170 and target could be closer to Rs 210. Jaiprakash Associates: Buy this with a stop of about Rs 121 and target could...
Mid Term Indian Stock Picks - June 2010
Broking house BONANZA PORTFOLIO has suggested these stocks for good return over mid term. HCL Technologies RECOMMENDATION: Buy Market Price: Rs 369 Target Price: Rs 428 The company reported a good growth in topline in Q3FY10. Order inflows in the coming quarter would further aid the company in reporting...
Daily Stock Trading Tips - June 14
Check out the top five trading stock picks of the day by Sandeep Wagle, Founder & MD, APTART Technical Advisory Services. Siemens RECOMMENDATION: BUY Last Close: Rs 717 Target: Rs 751 Stop Loss: Rs 692 Siemens has given 50-DMA resistance breakout above Rs 704 levels on the daily chart with a good...
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