News for Sharda Motor Industries Limited (SHARDAMOTR.NS)

Zen Technologies acquires TISA Aerospace, SIS Ltd focuses on tech, India Cements sells subsidiary, Hilton Metal Forging receives certification.

Aug 05, 2024 / 11:30AM GMTOperator Gentlemen, good day, and welcome to Sharda Motor Industries Limited Q1 FY25 earnings conference call hosted by Aquarius Secur

The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies

Sharda Motor hit a new high of Rs 2,618.80, surging 19% on the NSE in intra-day trade; has zoomed 31% in 4 days after promoter sold nearly 9% stake in the auto ancillary company via open market.

Promoter Mala Relan offloads 25 lakh shares of Sharda Motor Industries for 499 crore in a block deal on NSE, selling at 1,996 each. With an 8.76% stake as of March 31, major buyers include Nippon India MF, Edelweiss MF, HSBC MF, ICICI Prudential MF, and Axis Smallcap Fund. Sharda Motor's shares climb 3.13% to 2,060, outperforming the BSE Smallcap Index's 8.73% gain over the past month.

Electrosteel Castings may deliver 30 per cent return, followed by Sharda Motors 25 per cent, Natco Pharma 23 per cent and United Spirits 20 per cent, over Friday's closing price, YES Securities said.

May 27, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Sharda Motor Industries Limited Q4 FY24 conference call. This conference call

Financial stocks powered up Indian blue-chip indices on Thursday, taking them to all-time highs. Short-term moving averages are expected to support the indices on any decline. Nifty formed a long bull candle on the daily chart. The MACD showed bearish signs on the counters of Vadilal Industries, Bharat Rasayan, Godrej Properties, Maithan Alloys, Mrs Bectors Food Specialities, Astral, and Ajanta Pharma.

Domestic IT firms advanced on Wednesday with an eye on rate cut clues from the upcoming Federal Reserve minutes. Consumer stocks and RIL supported gains. NSE rose for five days in a row and settled above 22,500 points. Nifty formed a bullish candle with a long tail, indicating strong buying interest. Tata Steel, Coal India, HDFC Bank, SBI, ONGC were among most active stocks in volume terms

Nov 10, 2023 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Sharda Motor Industries Limited Q2 FY '24 Earnings Conference Call. This call

Aug 11, 2023 / 11:45AM GMTOperator Ladies and gentlemen, good day, and welcome to Sharda Motor Industries Limited Q1 FY '24 Conference Call. This conference cal

Feb 03, 2023 / 11:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Sharda Motor Industries Q3 and 9 Months FY '23 Earnings Conference Call. T

On the upside, we expect the Nifty to target levels of 19,650. In terms of levels, crucial support zone is placed at 19,330 – 19,300 and immediate hurdle is placed at 19,520 – 19,550

Considering overbought nature along with narrow market pariticipation, Mazhar Mohammad of Chartviewindia.in advised traders to book profits if index slips below 16,480 levels.

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