कॉलर के पास है Cochin Shipyard, क्या करें ? #StocksToWatch #StocksInFocus #StocksInNews

An analyst from LKP Securities said that Apollo Hospitals has been consolidating following a rise on the weekly timeframe. The stock is sustaining above the 21EMA on the daily timeframe.

Buy Apollo Hospitals stock; sell Cochin Shipyard, GMDC shares, says LKP Securities

Amid fears of a potential recession in the US, Sensex closed Monday’s session over 2,200 points lower, while Nifty slipped below the 24,100 level due to selling in heavyweights.“The short-term trend of Nifty is sharply down and the overall chart pattern from smaller to larger time frame is looking weak. The next downside to be watched around 23625 (38.2% Fibonacci retracement taken from 4th June bottom to 1st Aug top). Immediate resistance is placed at 24250 levels,” said Nagaraj Shetti of HDFC Securities.Here are 5 stock recommendations for Tuesday: Stock Ideas

Market Trading Guide: Tata Motors, Cochin Shipyard among 5 stock recommendations for Tuesday - Stock Ideas

Reliance Power was locked at Rs 32.85, down 4.98 per cent. Genus Power, Sterling and Wilson Renewable Energy, Swan Energy, Cochin Shipyard and GRSE were some of the BSE ‘A’ group stocks hitting 5 per cent circuit each.

Reliance Power, Waaree, Cochin Shipyard, JP Power, Swan Energy among 500 shares hitting lower circuits today

Of these 505 stocks, as many as 83 per cent or 420 stocks belonged to ‘XT’, ‘T’, ‘X’, and ‘Z’ categories

MTNL, Cochin Shipyard, Atul Auto among 505 stocks locked in lower circuits

Defence stocks: ICICI Securities said the flat budgetary allocation for naval fleet indicates that ongoing execution will proceed but any fresh orders for larger naval platforms look unlikely.

Cochin Shipyard, GRSE and Mazagaon Dock: Will these 3 defence stocks sustain high valuations?

Avoid adding to positions in overbought themes like defense, railways, and select PSUs, and use any recovery to reduce exposure in loss-making trades, said Ajit Mishra of Religare Broking.

Railway, defence stocks: RVNL, Cochin Shipyard, HAL, Mazagon, BEL, IRCON, Titagarh - outlook post Budget 2024

Defence stocks: Investors are expecting defence capital outlay to grow at 12-15 per cent YoY, as the government looks to give systems modernisation and infra development a boost, given its focus on indigenisation and exports ramp-up.

HAL, BEL, Cochin Shipyard, Mazagon, Bharat Forge: Defence stock picks, Union Budget 2024 expectations

Cochin Shipyard climbed 2.63 per cent to Rs 2,742 on BSE. Oil India shares were up 1.92 per cent at Rs 565.65. Ircon International Ltd shares advanced 1.71 per cent to Rs 323.45. LIC shares were up 1.23 per cent at Rs 1,136.90.

Modi stocks, Union Budget 2024: NTPC, Cochin Shipyard, IRFC, BEML, RVNL gain up to 3% today. Here’s why

Cochin Shipyard Ltd has delivered 700 per cent return, with the stock closing at Rs 2,671.80 level on Monday against the year-ago’s Rs 334.15 level. IRFC shares have rallied 485 per cent, followed by HUDCO (up 436 per cent) and RVNL (up 357 per cent).

Union Budget 2024: Multibagger PSU stocks Cochin Shipyard, IRFC, HUDCO, RVNL, NBCC, REC & BHEL in focus today. Here’s why

Railway, defence, and PSU stocks on BSE rose ahead of the Union Budget by the Finance Minister. RailTel up 3%, Cochin Shipyard and DCX Systems gained, while Titagarh Rail, Texmaco Rail mixed. PSU stocks: IRCTC, IRFC, OIL, GMDC, Mazagon Dock, Bharat Forge, LIC, BEML, NTPC, Gujarat Gas, RCF, NMDC Steel. Multibagger returns seen; MRPL declined 3.7%.

Rail, defence, PSU stocks in focus ahead of Budget

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Cochin Shipyard Ltd is a shipbuilding & repair company