Stock Market: Top Stocks to Watch Today (04th July, 2024 – Thursday)
Steel Authority of India Ltd: SAIL has also surged up to 5% today. The company’s fundamentals and recent price movement indicate favorable conditions for intraday trading.
Jindal Steel and Power Ltd: JSPL has seen a 4% increase in its stock price today. It’s worth noting that JSPL hit its 52-week high during intraday trading, which could signal further upside potential.
CEAT Ltd: CEAT, with a market cap of ₹9,833.42 crore, has shown a 1-month return of 15.58%. It’s fundamentally strong and has the potential for further growth.
Bajaj Auto Ltd: Bajaj Auto, with a market cap of ₹1,89,761.59 crore, has a 1-month return of 11.82%. Its consistent performance and strong position in the two-wheeler segment make it a favorable pick.
LIC Housing Finance Ltd: LICHSGFIN has a strong market presence and consistent performance. Its recent quarter’s net profit stands at ₹1081.91 crore, and it has a dividend yield of 1.07%.
Piramal Enterprises Ltd: PEL is a diversified conglomerate with interests in real estate, pharmaceuticals, and financial services. Its recent quarter’s net profit is ₹137.09 crore, and it offers a dividend yield of 1.10%.
Tata Power Ltd: Tata Power is a well-established player in the energy sector. It has a diversified portfolio, including renewable energy projects. Its commitment to sustainability makes it an attractive choice.
JSW Energy Ltd: JSW Energy focuses on power generation through various sources, including hydro, solar, and wind. It has a strong track record and growth potential.
Saregama India Ltd: Saregama India operates in the music and entertainment industry. It has shown positive momentum.
TV18 Broadcast Ltd: TV18 Broadcast is part of the Network18 group and has interests in television broadcasting. Its recent 1-month return is 0.85%.
Disclaimer: Please note that these are our observations based on the current market performance and past data. It is always a good idea to do your own research before making any trading decisions. Also, consider using fundamental & technical analysis tools to identify entry and exit points. Always stay informed about market news and events that could impact these stocks.
Happy trading 😊
