DIT NEWS why is Amcon Distributing Company price falling or rising

DIT NEWS reasons for why stock price of Amcon Distributing Company is falling or rising

DIT Amcon Distributing is falling or rising technical reasons

Technical analysis forecast for Amcon Distributing Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Amcon Distributing DIT at this time. Stock is falling and might fall more.

It appears as if Amcon Distributing DIT gave a large move recently.

Stock of Amcon Distributing (DIT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Amcon Distributing is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 104.2, for a target of 110.4 or 115.51

DIT Amcon Distributing is falling or rising NEWS fundamental reasons

Sebi picks 9 audit firms to probe corporate fraud SEBI has shortlisted nine firms, including Deloitte, BDO, and Chokshi & Chokshi, for conducting forensic audits in corporate fraud cases, reducing the panel from the previous 20. The new list, effective for three years, replaces the 2021 panel and emph - NEWS as on 2025-04-24 indiatimes.com

IndusInd clarifies no forensic audit by EY, bank's internal department reviewing MFI business IndusInd Bank clarified on Tuesday that it has not appointed EY for a forensic audit, contrary to media reports. Instead, EY is assisting the bank’s Internal Audit Department in reviewing certain records related to its microfinance business as part of th - NEWS as on 2025-04-22 indiatimes.com

IndusInd ropes in EY to conduct another audit, to probe Rs 600cr discrepancy in microfinance portfolio IndusInd Bank has appointed EY to conduct a forensic audit into a ₹600 crore discrepancy related to interest income in its microfinance portfolio, flagged during the statutory audit. This investigation aims to identify any lapses and determine accountabi - NEWS as on 2025-04-22 indiatimes.com

Vodafone Idea gets credit rating boost, clearing path for Rs 25,000 crore debt raise Vodafone Idea's prospects brightened as Care Ratings upgraded its credit rating to BBB- from BB+, potentially unlocking the telco's Rs 25,000 crore debt raise. This follows a similar upgrade from ICRA Ltd earlier this month. - NEWS as on 2025-04-21 indiatimes.com

Certus Capital invests Rs 500 cr via private credit in four projects Certus Capital has deployed ₹500 crore through secured private credit in four real estate projects, including a commercial office and three residential developments in Mumbai and Hyderabad. This move increases their total secured private credit investmen - NEWS as on 2025-04-21 indiatimes.com

Certus Capital invests Rs 500 cr in 4 projects, takes credit portfolio to Rs 1,000 cr Certus Capital has deployed Rs 500 crore in secured private credit across four real estate projects, bringing its total investments to Rs 1,000 crore. The investments include projects in Mumbai and Hyderabad, marking its entry into the Hyderabad market. - NEWS as on 2025-04-20 indiatimes.com

Deposit growth outpaces credit demand in early April amid liquidity boost and high interest schemes In early April, deposit growth significantly outpaced loan demand, with deposits rising by 2.4% compared to a 0.9% loan increase. While yearly deposit growth trails credit growth, recent liquidity improvements and attractive deposit schemes have boosted sa - NEWS as on 2025-04-17 indiatimes.com

RBI expands NBFC audit ambit to cover their service providers The Reserve Bank of India is intensifying scrutiny of NBFCs' partnerships with fintech loan service providers (LSPs). RBI officials are directly engaging with LSPs, focusing on KYC compliance, data handling, and customer communication transparency. The reg - NEWS as on 2025-04-17 indiatimes.com

Crisil sees bank credit growth inching up to 13% in FY26 Crisil projects bank credit growth to accelerate to 12-13% in FY26, driven by regulatory support, tax cuts, and softer interest rates. Corporate credit is expected to rise, fueled by NBFC disbursements and infrastructure development. Retail credit will als - NEWS as on 2025-04-15 indiatimes.com

Market Trading Guide: Nykaa, Credit Access Grameen are among 4 stock recommendations for Wednesday Bulls dominated Tuesday's session as Sensex rose 1,577 points and Nifty 500, tracking Trump’s tariff pause. Strong buying in BFSI, metals, and auto sectors supported the surge, though analysts hint at possible short-term pullback due to rally fatigue. - NEWS as on 2025-04-15 indiatimes.com

Credit rating upgrade to boost Voda Idea Rs 25,000 crore debt raising efforts: Citi Vodafone Idea's credit rating has improved to investment grade BBB- following the government's debt conversion, potentially aiding its Rs 25,000 crore debt raise. Citi Research suggests this upgrade is a significant boost, fulfilling a key requirement for - NEWS as on 2025-04-14 indiatimes.com

More announcements and NEWS

DIT Amcon Distributing Company current price & indicator signals

Moving Averages for Amcon Distributing Company

  • 5Day Average: 111.76
  • 12Day Average: 114.09
  • 20Day Average: 115.95
  • 50Day Average: 123.92
  • 100Day Average: 127.25
  • 150Day Average: 130.43
  • 200Day Average: 134.16

DIT Indicators & signals

Indicator MACD (12,26,9)

113.15, 116.99, -3.31
Indicator MACD is in negative zone

Indicator ADX (14)

69.02, 6.01, 32.81
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DIT Amcon Distributing Company are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Mon Apr 2025 105.01 104.00 to 106.10 -3.26% 1.59 times
25 Fri Apr 2025 108.55 103.11 to 113.00 -7.03% 1.99 times
21 Mon Apr 2025 116.76 114.45 to 119.26 -0.63% 0.79 times
17 Thu Apr 2025 117.50 99.87 to 120.99 5.88% 4.25 times
16 Wed Apr 2025 110.97 110.97 to 121.49 0% 0 times
16 Wed Apr 2025 110.97 110.97 to 121.49 0% 0 times
16 Wed Apr 2025 110.97 110.97 to 121.49 0% 0 times
16 Wed Apr 2025 110.97 110.97 to 121.49 0% 0 times
16 Wed Apr 2025 110.97 110.97 to 121.49 -7.53% 0.19 times
15 Tue Apr 2025 120.00 120.00 to 123.98 -1.96% 1.99 times
11 Fri Apr 2025 122.40 119.04 to 122.40 -1.31% 0.79 times
10 Thu Apr 2025 124.03 121.00 to 124.03 2.5% 0.79 times

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DIT NEWS why is Amcon Distributing Company price falling or rising

 

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