Meanwhile, Indian equity benchmarks traded higher in afternoon deals, led by gains in banks, financials, automobile and realty stocks. Revenue from operations slipped 2.6 per cent YoY to Rs 2,172.8 crore in Q2 FY24 from Rs 2,230 crore during the same period a year ago. On the earnings front, Mazagon Dock reported a 40 per cent year-on-year (YoY) rise in its consolidated net profit, at Rs 314 crore, in the June quarter (Q2 FY24) from Rs 224.8 crore in the corresponding quarter of the last fiscal. A daily close below support of Rs 2,069 could lead to target of Rs 1,900 in the near term." AR Ramachandran from Tips2trades said, "The stock price looks bearish on the daily charts with strong resistance at Rs 2,300. On the flip side, an analyst suggested that the counter looked 'bearish'. As we advance, credible support is expected near Rs 2,000 and stiff resistance is seen near Rs 2,475." So, the bias is bullish for the coming few weeks. Scopri prezzo e quotazione delle azioni Snap oggi stesso e monitora andamento e perfomance del titolo su Borsa NYSE in tempo reale (apertura / chiusura). Maggiori informazioni come il confronto con azioni correlate e altro sono presenti nelle diverse sezioni della pagina. Jigar S Patel, Senior Manager - Technical Research Analyst at Anand Rathi Shares and Stock Brokers, said, "At the current juncture, the stock is trading above all key daily exponential averages. Simbolo NYSE: SNAP Borsa: quotazione su NYSE Ultimo prezzo oggi: 8,63. On the flip side, a decisive breakthrough above Rs 2,300 could trigger momentum in the counter to enter into uncharted territory." As far as levels are concerned, the immediate support lies around the bullish gap of Rs 2,100 odd zone, followed by a strong support of Rs 2,060-2,020. Currently, the counter is in a cool-off/consolidation phase but seems poised to continue its upward march in the near period. Osho Krishan, Senior Research Analyst - Technical & Derivatives at Angel One, said, "The stock price has been in a secular uptrend, hovering above 21-DEMA (Double Exponential Moving Average) on the daily charts in the cycle of higher highs – higher lows. Home SNA NYSE Snap-On Inc Follow Share 259.71 After Hours: 259.71 (0.00) 0.00 Closed: Oct 6, 4:03:52 PM GMT-4 USD NYSE Disclaimer search Compare to Exxon Mobil Corp 107.17 XOM1.67. The stock may touch the levels of Rs 2,300 in near term." Snap will be holding an earnings conference call on Tuesday, October 24th at 5:30 PM Eastern. Snap has confirmed that its next quarterly earnings report will be published on Tuesday, October 24th, 2023. It has a one-year beta of 1.9, indicating high volatility on the counter.ĭRS Finvest founder Ravi Singh said, "The share price is bullish on daily and weekly charts and technical indicators are suggesting an uptrend inherent in the counter. Earnings for Snap are expected to grow in the coming year, from (0.81) to (0.65) per share. The scrip has an analyst target price of Rs 1,500, Trendlyne data showed, suggesting a potential downside of 31 per cent in a year.
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