IDFC First Bank was the third largest gainer in the F&O segment, climbing 5.5 percent to Rs 46.05, the highest closing level since February 11. The stocks has seen a Bullish Engulfing candlestick pattern formation on the daily charts with above average volumes as the big bullish candle engulfed all …

Trade Spotlight | What should you do with RBL Bank, IDFC First, Selan Exploration Technology on Wednesday?

BRIEF-Selan Exploration Technology Ltd - Declared Interim Dividend Of 5 Rupees Per Share

Selan Exploration Technology rallied 12 percent in last one month.

Selan Exploration jumps 4% on 10-year extension for Lohar field contract

The board of Selan Exploration Technology will meet on Thursday to consider: Interim dividend for the financial year 2018-19, and buyback of equity shares. The issue size and the price at which the sh

Selan Exploration: Buyback meet eyed

Revenue rose 15.5 percent at Rs 26.9 crore against Rs 23.3 crore.

Selan Exploration Technology rises 9% on robust June quarter numbers

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

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

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Selan Exploration Technology Limited is engaged in the business of exploration and production of oil and natural gas.