The article discusses the performance of three Indian companies – TCS, Hindalco, and Shipping Corporation – and provides investment advice to investors. TCS, the country’s largest IT services company, has been a big mover on the stock market, with its shares rising 5% in the past week. The company’s strong quarterly earnings and robust demand for its services have driven the stock higher. Investors are advised to hold onto TCS shares, as the company’s fundamentals remain strong.
Hindalco, a leading metals and mining company, has seen its shares decline 10% in the past week due to concerns over its debt levels and slowing demand for aluminum. However, investors are advised to wait for a pullback in the stock price before buying, as Hindalco’s debt levels are a concern.
Shipping Corporation, a state-owned shipping company, has seen its shares decline 15% in the past week due to concerns over its debt levels and slowing demand for shipping services. Investors are advised to avoid the stock, as the company’s debt levels are a major concern and its fundamentals are weak.