Introduction

Sarda Energy & Minerals Ltd. is a holding company, which engages in the manufacture of sponge iron, ferro alloys, billet, wire-rod, and iron ore pellet. It operates through the following segments: Steel, Ferro, and Power

Observation

If you see on weekly chart higher low and higher high with volume breakout. It can retrace till my given levels after that it can go furthermore upside. On a day chart it shows a rising window pattern with open marubozu candlestick with huge volume.

What is Interest Rate Risk?

Here is the advance answer with example 👇

Interest Rate Risk

Interest rate risk is the risk that an investment's value will change due to fluctuations in interest rates. This risk primarily affects fixed-income securities like bonds, but it can also impact stocks and other assets.

Example:

Imagine you have invested in a bond that pays a fixed annual interest (coupon) of 5%.

Scenario 1: Interest Rates Rise

• If the market interest rates rise to 6%, new bonds will be issued at this higher rate.
• Your bond paying 5% becomes less attractive because new investors can earn more with the new bonds.
• As a result, the price of your bond will likely decrease if you want to sell it before maturity.
• Scenario 2: Interest Rates Fall
• If the market interest rates drop to 4%, your bond paying 5% becomes more attractive because it offers a higher return than the new bonds.
• The price of your bond will likely increase if you choose to sell it before maturity.
Summary: Interest rate risk means that bond prices move inversely to interest rate changes. When interest rates rise, bond prices generally fall, and when interest rates fall, bond prices generally rise.

Let's touch fundamentals

1. Mahindra & Mahindra Automobile manufacturer launched a new sports utility vehicle named Thar ROXX, according to a Thursday filing to the stock exchanges. The SUV has a starting price of 1.3 million Indian rupees.

2. Glenmark Pharmaceuticals consolidated profit attributable to the owners jumped to 3.40 billion (₹340Indian rupees) in the fiscal first quarter from 1.50 billion rupees a year ago, according to an Indian bourse filing on Wednesday. Earnings per share in the quarter ended June 30 increased to 12.06 rupees from 5.31 rupees a year earlier. The pharmaceutical company's revenue from operations rose year on year to 32.44 billion rupees from 29.98 billion rupees, the filing said. Shares of the company went up 1% in recent trade.

3. Paras Defence and Space Technologies PARAS rise 5% to 1,208.35 rupees apiece** Company's unit secures order worth 3.05 billion rupees (about $36 million) from Larsen and Toubro LT** Order for manufacturing and supply of 244 electro optics systems** Order to be executed within 47 months, PRAF says

Educational content

Fri Aug 16, 2024