Thu, Apr 18, 2024 2:25 PM
Earnings Q4 LIVE updates: Infosys, Bajaj Auto to declare quarterly results
A Flip by Avya Verma
Risk management is the crucial pillar of algorithmic trading. As the financial markets become more dynamic, even milliseconds matter in successful trade execution.In developed stock markets, over 80 to 85% of trades are facilitated through algo strategies. Speaking of India, this penetration stands at around 50 to 55% and will continue to grow further.Since algo trading depends hugely on quantity.
Open Flip
Microcap stock Nidhi Granites has given multifold returns to its investors in the last 1 year. The stock has skyrocketed around 333 percent in this period from ₹68.21 in April 2023 to currently trade at its record high ₹295.15. The stock also hit its 5 percent upper circuit for 7 straight sessions till April 30.This recent surge has led to the stock soar 404.5 percent from its 52-week low.
Open Flip
Eicher Motors Ltd on Wednesday said its arm VE Commercial Vehicles Ltd posted an 18.1 per cent year-on-year decline in total sales to 5,377 units in April 2024.VE Commercial Vehicles (VECV) -- a joint venture of the Volvo Group and Eicher Motors -- sold 6,567 units in April 2023, Eicher Motors said in a regulatory filing. April 2024 sales included 5,254 units of the Eicher brand.
Open Flip
