Articles for author: Pranay

Pranay

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NSE: IEX Gains 30% from 52 Week low. Is it time to BUY?

Indian energy exchange (NSE: IEX) gained over 30% from its 52 week low, breaking out of its previous resistance of ₹164. The power company has finally made a new higher high after almost three years. Last four years were rather rough for the company as its share price declined by nearly 65% during this period. ...

Pranay

Poor Results for NSE: SJVN – Is it Overvalued? Buy or Wait?

Satluj Jal Vidyut Nigam (NSE: SJVN) declined by over 40% in the last 1 week. On February 9th, shares of SJVN opened with a fairly negative sentiment with a gap down opening. The Hydroelectric power PSU company SJVN rallied from ₹81 in December 2023, to ₹170 in February 2024 gaining nearly 107% in short span ...