Latest news with #JigarPatel
Time of India
3 days ago
- Business
- Time of India
Rakshabandhan sparks festive buying
1 2 3 4 Ahmedabad: City markets are experiencing an encouraging start to the festive season with Rakshabandhan . Jewellery, textiles, and food sectors are especially upbeat having done good business. Experts expect the good momentum from Rakshabandhan to continue, and maybe even get stronger by Diwali, except during Shraddh Paksh. Jigar Patel, treasurer of the Jewellers' Association, Ahmedabad (JAA), said, "The demand for lightweight jewellery for Rakshabandhan has been encouraging. As gold is getting costlier, the demand has shifted to lower carat gold, as well as silver jewellery. Rakhis made of silver, priced from Rs 700 to Rs 1,000, have sold well this time, too. The number of people buying silver rakhis has only grown with each passing year. " Param Begani, a lab-grown diamond jewellery retailer, said, "The demand for lab-grown diamond jewellery is on the rise. There has been a 15-20% increase in demand for such jewellery as gifts for sisters on Rakshabandhan. Low carat gold jewellery priced Rs 50,000 to Rs 1.50 lakh has a major share." Neeraj Shah, chairman of the textile taskforce at the Gujarat Chamber of Commerce and Industry (GCCI), said, "The textiles industry is facing challenges in the international market and is hoping for good festive season demand domestically. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If Your Ears Ring, Stop Sleeping Like This Immediately Derila Ergo Undo by Taboola by Taboola The demand during Rakshabandhan has remained steady, with ethnic wear being preferred more, in e-commerce as well as physical stores." You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad The food sector is also witnessing good demand. Kamlesh Kandoi, president of Gujarat Mithai Farsan Association, said, "Sweet shops saw last-minute demand on Friday. Many outlets have come out with new varieties, with a continued focus on dry fruit sweets. Low-sugar sweets too are selling more." Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !
Mint
04-08-2025
- Business
- Mint
Stock to buy: Anand Rathi predicts THIS multibagger stock to rise 19% in 1 month. Here's why
Stock to buy: Indian brokerage firm, Anand Rathi Investment Services, disclosed its bullish stance on MIC Electronics shares and predicted a 19% upside on the shares in the upcoming one-month period. The brokerage firm in its stock report said that the shares of MIC Electronics have corrected sharply since their peak near the ₹ 70 range in June 2025. Anand Rathi expects that this pullback has brought the share price into a key technical zone for further investment. 'After peaking near ₹ 70 in June 2025, the stock corrected sharply, declining by around 28% or 20 points. This pullback has brought it to a key technical zone, marked by an Inside Value relationship between the S1 and R1 monthly floor pivots, aligning with a previous demand area on the daily chart,' said the analysts at the broking firm. MIC Electronics manufactures LED video displays and lighting products. The company is also an expert in high-end electronic and telecommunication equipment and in developing telecom software. MIC Electronics (MICEL): Buy at the range of ₹ 52 to ₹ 50; Target Price at ₹ 61; Stop Loss at ₹ 46 (on a daily closing price basis). 'These confluences suggest potential for bullish momentum in the near term. Strategically, investors may look to accumulate within the ₹ 52 to ₹ 50 range. An upside target of ₹ 61 is expected, while risk should be managed with a stop-loss at ₹ 46 on a daily closing basis,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers. MIC Electronics shares closed 1.72% higher at ₹ 52.01 after Monday's stock market session, compared to ₹ 51.13 at the previous market close. The brokerage released its stock report during the market operating hours on 4 August 2025. The shares of the industrial product maker have given stock market investors more than 6,025% returns on their investment in the last five years. However, the shares have lost 34.97% in the last one-year period. On a year-to-date (YTD) basis, the shares have lost 39.31% in 2025 and are trading 1.01% lower in the last five market sessions on the Indian stock market. MIC Electronics shares hit their 52-week high level at ₹ 114.74 on 19 September 2024, while the 52-week low level was at ₹ 49.50 on 7 April 2025, according to the data collected from the BSE website. The company's market capitalisation (M-Cap) stood at ₹ 1,253.50 crore as of the stock market close on Monday, 4 August 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
27-07-2025
- Business
- Mint
Stock to buy: Anand Rathi predicts Apollo Micro Systems' share price to rise 25% in 3 months. Here's why
Stock to buy: Indian brokerage firm Anand Rathi Investment Services disclosed its bullish stance on Apollo Micro Systems shares, predicting a 25% upside in the upcoming three-month period. In the stock report, Anand Rathi analysts highlighted that the shares of the Aerospace and Defence equipment maker had undergone a 'significant correction' after peaking near the ₹ 221 levels. They also stated that the stock is now moving 'within its Ichimoku cloud,' aligning with the previous breakout zone. 'The stock is moving within its Ichimoku cloud, aligning with the previous breakout zone, while the 100-day Exponential Moving Average (DEMA) also corresponds closely to this area. Fibonacci retracement levels between 38.2% and 50% further indicate potential support, suggesting a base formation near the 165-175 range,' said the analysts at Anand Rathi. On the technical front, the shares' Relative Strength Index (RSI) is hovering over the 40 support mark, which likely indicates a potential stabilisation. 'Additionally, the daily Relative Strength Index (RSI) is around the crucial 40 support mark, signalling possible stabilisation,' they said. Apollo Micro Systems Ltd (APOLLO): Buy in the range of ₹ 165-175; Target Price at ₹ 210; Stop Loss at ₹ 150 (on a daily closing basis). 'Given this technical setup, investors might consider buying or accumulating shares within the 165-175 zone. The upside target is projected at 210, while a stop-loss below 150 on a daily closing basis is recommended to manage risk. This outlook highlights key support and resistance levels that traders should monitor closely before making investment decisions,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, in the stock report. Apollo Micro Systems shares closed 0.29% higher at ₹ 172.30 after Friday's stock market session, compared to ₹ 171.80 at the previous market close. The brokerage firm released its bullish stance on the company after market operating hours last week, on 25 July 2025. Shares of the Aerospace and Defence equipment maker have given stock market investors more than 1,280% returns on their investment in the last five years and over 39% gains in the last one-year period. On a year-to-date (YTD) basis, the stock has jumped 40.87% in 2025 but are currently trading 4.7% lower in the last five market sessions on the Indian stock market. According to data collected from the BSE website, Apollo Micro Systems shares hit their 52-week high at ₹ 221.40 on 24 June 2025, while the 52-week low was at ₹ 88.10 on 23 October 2024. The shares are currently trading under their year-high levels. The company's market capitalisation (M-Cap) stood at ₹ 5,280.82 crore as of the stock market close on Friday, 27 July 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
14-07-2025
- Business
- Mint
Stock to buy: Anand Rathi predicts THIS multibagger small-cap stock to rise 15% in 1 month. Here's why
Stock to buy: Indian brokerage firm, Anand Rathi Investment Services, disclosed its bullish stance and predicted a 15% upside for the Venus Pipes & Tubes shares in the upcoming one-month period. Anand Rathi's stock report highlighted that the shares of the iron and steel products maker have witnessed a clean breakout from a weekly inverse head-and-shoulder pattern, along with strong volume, indicating a shift in the trend sentiment. The brokerage firm also said the current RSI is placed near the 58 level, which is further supporting the bullish bias of the stock. 'The RSI on the weekly timeframe has reversed from the 50 level and is currently placed near 58, further supporting the bullish bias,' said the analysts at Anand Rathi in their stock report. 'This technical setup suggests a continuation of upward momentum,' they said. Venus Pipes & Tubes is a manufacturer and exporter of stainless steel pipes and tubes, catering to sectors like chemicals, engineering, fertilisers, and pharmaceuticals, according to the company data. Venus Pipes & Tubes Ltd (VENUSPIPES): Buy in the range of ₹ 1,600 to ₹ 1,540; Target Price at ₹ 1,815; Stop Loss at ₹ 1,440. 'We recommend going long in the ₹ 1,600 to ₹ 1,540 range, with an upside target of ₹ 1,815. A stop-loss should be placed below ₹ 1,440 on a daily closing basis to protect against any adverse move,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers in the report. Venus Pipes & Tubes shares closed 1.19% higher at ₹ 1,617.75 after Monday's stock market session, compared to ₹ 1,598.75 at the previous market session. The shares of the stainless steel pipes and tubes maker have given stock market investors more than 388% returns on their investments in the last five years. However, the shares are down 26.33% in the last one-year period. On a year-to-date (YTD) basis, the shares have gained 3.19% in 2025, and are trading 4.11% higher in the last five trading sessions on the Indian stock market. Venus Pipes & Tubes share hit their 52-week high level at ₹ 2,448 on 29 August 2024, while the 52-week low level at ₹ 968.80 on 1 April 2025, according to the data collected from the BSE. The company's market capitalisation (M-Cap) was at ₹ 3,294.89 crore as of the stock market close on Monday, 14 July 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Hans India
01-07-2025
- Climate
- Hans India
Monsoon fashion for the desi romantic
Monsoon is not just a season - it is another cinematic universe. Think about it: brooding skies, gentle rains, tangled hair, soulful melodies, and of course, a choli that wraps just right, making you feel like you walked out of a 90's love song. The desi romantic does not simply exist in the rain- she thrives in it. While the rest of the world reaches for hoodies and crocs, we are swishing around in bandhni skirts, slurping masala chai under dupattas, and splashing in puddles poetically. 'Desi fashion in monsoon can be a slippery slope (literally and figuratively). Heavy silks, dragging hemlines, and clingy synthetics can transform your Bhool Bhulayya style into a soggy mess before you can say 'we have to save this outfit!' This is where easy, breathable, and downright breezy ethnicwear enters the picture- clothes that move with the air, defies the rain, and can still credibly claim it came out a Sabyasachi day dream.' says Jigar Patel, ,MD of G3+ Fashion Dupatta Drama, But Drape and Dash Rain or no rain, we always have dupatta! Instead of heavy embroideries or multiple layers exhausting the weight capacity of rains, reach for light as a feather mul cottons, chiffons or kota dorias. Consider a belted dupatta look so it does not lift away with the monsoon gust, or your dignity, on behalf of your Punjabi pride. Choli But Chill The choli is taking on the monsoon too! Instead of heavy velvet, brocade or the goddess of all - brocade silk- opt for a breezy ikats, cotton silks, and gamchas. Let the choli be paired with a high-waist skirt, or even palazzos for a flirty enchanted yet functional fit. Bonus? A little bit of skin under the rain has never hurt a desi romantic. Lehenga Lite: Swish Without the Slosh Who says lehengas are just for desi weddings? A lightweight kalidaar cotton or mulmul skirt with a simple crop top or blouse can become your go-to monsoon staple. You get the swirl, the drama, and breathability without the bulk, and heartbreak of getting your lehenga sporting muddy borders. Saree, Not Sorry: The Ultimate Wet-Weather Wrap Stars The monsoon saree is a category all by itself. Keep it easy-to-drape and easy-dry: chanderi, linen, or cotton blends all work. Drape it low, put on a quirky blouse, let down your hair. Nothing beats a wet saree moment even if you're just running down for a cup of chai! Desi fashion doesn't have to be left alone in the rhubarb when the clouds come calling. In fact, it should cry out! Through the undulations of you skirt, the flutters of your dupatta, the jangling of your anklet in a rain-sodden courtyard. 'Cholis & Chai' is not just a mood it's a lifestyle. One that invites you to romance the rains, the rhythms and most importantly yourself. So, the next time thunder rolls in, don't reach for a raincoat. Reach for that kurta, pour yourself a hot cup of chai and go be the monsoon muse you were born to be.
