Sensex Trades Marginally Higher, Dow Futures Up By 25 Points

The buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company; and thereby, enhancing the overall return to shareholders, it added.

Over the last five years, Goldiam has carried out two buybacks of shares to the tune of Rs 300 m. It has also utilized Rs 841.7 m on dividends and buybacks.

How this buyback pans out remains to be seen. Meanwhile, stay tuned for more updates from this space.

Speaking of stocks, here's a pattern that if you see, you must sell your position. After all, exits are more important than entries.

In the chart below, we can see the head and shoulder pattern - the stock goes up, makes a high, falls a little bit, goes up to a higher high, does not make a higher low, rallies again fails to make a new high, and then starts to break down.

This usually happens in a situation where a stock or index has typically been in a bull trend for a while. Spotting this correctly can help you save money.

1 2 3
View single page >> |

Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.