Shares of Pavna Industries, an auto auxiliary company, rallied sharply in Thursday’s session on February 19, even as the Indian stock market traded with deep cuts. The small-cap stock opened the session at ₹23.40 apiece, slightly higher than the previous close of ₹23.20, but picked up momentum in early trade to hit a high of…
Essentially, the Nifty 50 has been flat since that time, nearly a year and a half ago, but the stock has been in a downtrend. After a stellar run-up in the 2022-2024 period, the stock peaked—even before the Nifty—back in July 2024 at around ₹580. Since then, it has been a significant underperformer. A long-term…
India-US trade deal: GNA Axles, Delta Autocorp, Sterling Tools, Tube Investments of India, and Sibar Auto Parts were among the auto auxiliary stocks trading with strong gains in Tuesday’s trade, February 3, after the US announced a much-awaited trade deal. US President Donald Trump on Monday announced a reduction in reciprocal tariffs on Indian goods…
