Dixon Technologies’ stock jumped just over 2% on Jan 7, snapping a two‑day decline, but the share price is still far below its recent highs.
After reaching ₹11,970, the shares gave back some of the gain and are now trading near ₹11,900. The stock is down more than 35% from its September peak of ₹18,471 and has fallen about 13% in the last month.
Siddharth Maurya notes the stock is below important moving averages, indicating a weak short‑term trend. He sees strong selling pressure, with the chart forming lower highs and lower lows.
Kunal Kamble adds that volume is low, the RSI is around 30 (an oversold sign), and the price is hovering near the critical support area. He says a decisive break above ₹12,600 is needed for a more positive bias.
If the shares hold the ₹11,700–₹11,000 support, they may stabilize and look for a bounce. Failure to hold could lead to further declines toward ₹10,500. Conversely, a clean move above ₹12,600 could trigger buying interest and set the stage for a short‑term rally.
Remember, this is just analysis, not a prediction. Do your own research before making any investment decisions.
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Join TelegramHCL Technologies saw its share price slip a little over 1% after releasing its third‑quarter numbers. Q3 Financial Highlights Net profit: ₹4,076 crore, down 11% year‑on‑year. Revenue: ₹33,872 crore, up 13% from the same quarter last year. Quarter‑on‑quarter change: Profit fell about 4%, while revenue grew 6%. Guidance for FY26: Revenue expected to grow 4%‑4.5% (constant currency); services revenue 4.75%‑5.25%; EBIT margin 17%‑18%. Dividend: Interim dividend of ₹12 per share, record date 16 Jan 2026, payable 27 Jan 2026. What Analysts Are Saying Senior analyst Seema Srivastava noted that the company showed solid operating performance. EBIT rose 13.2% quarter‑on‑quarter to ₹6,285 crore and margins improved to 18.6% despite a one‑time charge of ₹956 crore for new labour codes. She highlighted strong cash flow—free cash flow was about 120% of net income—and a healthy return on invested capital (ROIC) of 39.4%. Deal activity also looked good, with new contracts worth $3 billion, a 43.5% increase YoY. Employee attrition fell to 12.4% and hiring of fresh graduates continues. Brokerage Views Prabhudas Lilladher praised the revenue beat, especially from the HCLSoftware segment, and expects the services growth to keep rolling into FY27 and FY28, helped by AI‑related orders. They raised their constant‑currency revenue growth forecasts for the next two years by 20‑30 basis points. The brokerage sees the margin possibly normalising in Q4 because of the new labour code impact. At current valuations (about 22× FY27 earnings and 19× FY28 earnings), they target a price of ₹1,910 per share. Technical Outlook The stock opened at ₹1,690 on the BSE, hit a high of ₹1,696 and a low of ₹1,626 during the session. Research head Anshul Jain pointed out a 28‑week cup‑and‑handle pattern forming, with a six‑week bullish flag developing on the handle. He says volume suggests institutional buying, and a breakout could push the price toward the ₹1,825 level. A failure to stay above ₹1,695 may keep the stock range‑bound. Bottom Line HCL Tech’s profit dip was largely due to a one‑off labour‑code expense, while revenue growth stayed strong. The company’s dividend, margin guidance and robust deal pipeline are positive signs, but upcoming quarters may see some margin pressure. Remember, this is my perspective, not a prediction. Do your own research and consider speaking with a qualified financial advisor before making any investment decisions.
GTPL Hathway’s stock jumped more than 12% in early trade after the company released its third‑quarter numbers, catching the eye of many small‑cap investors. Share price reaction At its peak, the share traded around ₹108.90 on the BSE, up nearly 12.8% from the previous close. By mid‑morning, the price settled near ₹99.50, still up about 3%. Quarterly financial highlights Net profit: ₹11 crore, an 8.9% rise from the same quarter last year. Revenue: ₹932.6 crore, up 5.1% YoY. EBITDA: ₹113.3 crore, a 7.2% increase, with the margin improving to 12.1%. Subscriber and revenue growth The company’s cable TV arm reported 9.4 million active subscribers, of which 8.7 million are paying customers. Cable subscription revenue reached ₹297 crore. Broadband numbers also improved: Subscriber base grew by 18,000 YoY. Broadband revenue rose 4% to ₹143 crore. Average revenue per user (ARPU) stood at ₹465 per month. Average data consumption hit 410 GB per month, up 12% YoY. GTPL’s home‑pass network now covers 5.95 million locations, with 75% ready for fiber‑to‑the‑X conversion. Technical outlook Analysts note that the stock is trying to form a fourth bottom within a long‑term 252‑week structure, indicating lingering weakness rather than a clear reversal. In the short term, a bounce toward the 50‑week moving average around ₹112 could happen, but it is viewed as a corrective move, not a fresh buying signal. The price area near ₹112 may attract selling pressure, serving as a logical exit point for current holders. On the downside, a close below ₹92 would break the base and could start a new leg lower, keeping risk skewed to the downside. Recent price trend +5% gain over the past month. -10% change over the past six months. -15% decline over the last year. -33% drop over the past five years. Bottom line While the Q3 earnings show modest profit and revenue growth, the stock’s technical picture remains cautious. Investors should consider the downside risks before adding to positions. Remember, this is perspective, not a prediction. Do your own research and consult a certified advisor before making any investment decisions.
Gabion Technologies made its market debut today, listing at a 9.9% premium but quickly hitting the 5% lower circuit. Listing Overview The company’s shares opened on the BSE SME platform at ₹89 each, a 9.87% uplift from the issue price of ₹81. Within minutes, selling pressure pushed the stock down to the lower circuit level of ₹84.55, a 5% drop from the listing price. What the Numbers Mean Listing price: ₹89 per share Issue price: ₹81 per share Lower‑circuit price: ₹84.55 Gain over issue price at circuit: 4.38% Grey‑market premium (GMP) before listing: ₹31, indicating a >38% expected premium IPO Details The IPO opened for subscription on 6 January 2026 and closed on 8 January 2026. A total of 36 lakh shares were issued, raising ₹29.16 crore. The price band was set between ₹76 and ₹81 per share. GYR Capital Advisors acted as the lead manager, while Kfin Technologies served as the registrar. Company Profile Gabion Technologies manufactures steel gabions and a range of geosynthetic products, including: Double‑twisted hexagonal steel wire mesh gabions Defence‑grade gabions PP‑rope gabions High‑tensile rockfall protection netting Reinforced geomats and high‑strength flexible geogrids Its customers span government agencies, contractors, private firms, consultants, and regulatory authorities involved in geotechnical engineering and ground‑improvement projects. Bottom Line for Investors Even though the stock hit the lower‑circuit trigger, it remains above the IPO issue price, reflecting underlying demand. The strong grey‑market premium suggested high expectations, but early selling pressure indicates some investors are taking profits quickly. Retail investors should watch the next trading sessions for clearer direction before making decisions. Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before investing.