Why are so many companies coming up with buybacks?

access_time 1726402320000 face CA Rachana Ranade
Why are so many companies coming up with buybacks? Many companies are now announcing share buybacks, and to understand this trend, we first need to know what a buyback is. A buyback refers to a company purchasing its own shares from shareholders. These companies, listed on the stock market, offer to...

The Bajaj Housing Finance IPO

access_time 1726372320000 face CA Rachana Ranade
"Non-Allottee" Again? Navigate the IPO Market Like a Pro While reading about the Bajaj Housing Finance IPO I was shocked by looking at the numbers. A company that needed only Rs. 6,500 crores received bids worth Rs. 6 lakh crores! That's over 62 times oversubscribed. To put it in perspective, the am...

Technical Analysis Of CYIENT & PRSMJOHNSN

access_time 2024-09-13T06:47:28.715Z face CA RACHANA RANADE
Technical Analysis Of CYIENT & PRSMJOHNSN 1. Stock name: Cyient Ltd. Pattern: Flag and pole pattern Time frame: Daily Observation: The stock experienced a strong rise in August 2024, stabilizing from August 21. This created a flag and pole pattern on its daily chart, followed by a breakout on Septem...

Technical Analysis Of USHAMART & AUBANK

access_time 2024-09-12T06:50:51.681Z face CA RACHANA RANADE
Technical Analysis Of USHAMART & AUBANK 1. Stock name: Usha Martin Ltd. Pattern: Parallel channel pattern Time frame: Daily Observation: The stock has been trading within a parallel channel on its daily chart for an extended period. In August 2024, it touched the channel's support line and managed t...

Technical Analysis Of TVSSCS & ALKYLAMINE

access_time 2024-09-11T05:05:18.289Z face CA RACHANA RANADE
Technical Analysis Of TVSSCS & ALKYLAMINE 1. Stock name: TVS Supply Chain Solutions Ltd. Pattern: Inverse head and shoulders pattern Time frame: Daily Observation: After its listing, the stock entered a downward trend. From January to September 2024, it formed an inverse head and shoulders pattern o...