Stock of Interest

Posted On: July 6, 2023

Stock Report : DCW (NSE) 5 Jul 2023

Outlook: Bearish

DCW Limited, listed on the National Stock Exchange of India (NSE) with the ticker symbol “DCW,” is a Maharashtra-based company established in 1925. Led by CEO Amitabh Gupta since November 2019, DCW operates in the chemicals sector, specializing in products such as chlor-alkali, performance chemicals, and PVC resin. With a workforce of 1,957 employees, DCW serves various industries domestically and internationally, including pharmaceuticals, textiles, paper, water treatment, and construction. The company focuses on innovation, quality, and sustainability while striving for operational excellence. As a publicly traded company, DCW’s stock performance is influenced by market dynamics and industry factors. Investors and stakeholders can stay informed about the company’s progress through financial reports and relevant updates.

xCalData predicts that DCW will continue its bullish phase over the next five days. During this period, the price trend of DCW is expected to fall within the range of 44 to 44.2.

Majority of the technical ratios trend towards bearish side of the spectrum. Majority of the trend indicators like RSI clearly indicate bearish view while only one indicator ASI indicate Bullish view.

Collectively, xCalData suggests the stock would be in bearish zone for this week ending 7^th July.

The Stock has doubled thrice since 12 Jun 2015 and took an average of 3.2 years to double.

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Disclaimer: The securities quoted are for illustration only and are not recommendatory.