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Ola Electric shares: In a statement released on Friday, the company confirmed that its sales remain strong and that it is working to clear the backlog that had led to discrepancies in vehicle registration data. Ola explained that this backlog, which was not the result of any internal operational issues, is being addressed, with daily registration numbers now exceeding 50% of the companys three-month daily sales average.
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In the Nifty200 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on March 20, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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Several brokerage firms have shared their latest recommendations on key stocks, highlighting strong growth potential and investment opportunities in the next 12 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
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