Indian stock alert

INDIA

CLOSING UPDATE: Maruti Suzuki India decreases 0.7%, led CNX Auto index lower 18 October 2017 17:10 IST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Indian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Maruti Suzuki India, India's largest cars & utility vehicles company by market capitalisation, has decreased 0.7% to trade at Rs7,784.05 vs. the CNX Auto index which weakened 54.0 points (or 0.5%) to 11,167.9. Representing a weighting of about 23.3% of the index, the stock accounted for 33.9% of today's loss. Trading volume was 90% of average at the end of the day. Compared with the BSE SENSEX Index which fell 24.8 points (or 0.08%) in the day, this represented a relative price change of -0.6%.

Technical indicators complementing today's significant downtrend:

+ The negative 9.65 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price decreased 0.5% in the last week and sank 4.6% in the last month.

Note

Bullish Signals:

The 5.1% discount to 12-month high of Rs8,200.0 against the 65.0% premium to 12-month low of Rs4,718.11 suggests the stock continues to push for new highs.

In the last three months the stock has hit a new 52-week high twelve times, pointing to a significant uptrend.

The present value of Rs1,000 invested one year ago is Rs1,411 [vs Rs1,162 for the BSE SENSEX Index].

TODAY'S ALERT

Morning Alert: Maruti Suzuki India decreases 0.3%

18 October 2017 10:16 IST

Maruti Suzuki India Limited (NSE:MARUTI) traded on volume of 1.0 times average so far today while the price decreased Rs26.65 (or 0.3%) to trade at Rs7,812.25.

RECENT ALERTS

CLOSING UPDATE: Maruti Suzuki India decreases 0.04%

17 October 2017 17:10 IST

Maruti Suzuki India, India's largest cars & utility vehicles company by market capitalisation, traded on volume of 0.6 times average today while the price decreased Rs3.10 (or 0.04%) to trade at Rs7,838.90. Compared with the BSE SENSEX Index which fell 24.5 points (or 0.08%) in the day, this represented a relative price increase of 0.04%.

Morning Alert: Maruti Suzuki India increases 0.5%

17 October 2017 10:17 IST

Maruti Suzuki India Limited (NSE:MARUTI) traded on volume of 0.8 times average so far today while the price increased Rs40.50 (or 0.5%) to trade at Rs7,882.50.

Maruti Suzuki India Limited (NSE:MARUTI; BSE:MARUTI; NS:MARUTI; IN:MARUTI)

ISIN: INE585B01010

PermID: 4295872801

Source: www.BuySellSignals.com