Heckyl news alert analysis: Reliance Capital
Reliance Capital, a diversified financial services company, experienced a surge in news flow on Thursday after the Anil Ambani led company announced plans to separate out its retail health insurance business from general insurance.
The proposal is expected to enhance management focus on health insurance business. It will also help the company to unlock value by bringing in global leaders in this space as strategic and equity partners.
The news today generated positive sentiment for Reliance Capital. Heckyl sentiment score for the company almost doubled from previous day to positive 53.
Our streaming news widget issued first alert at 12.05 p.m. even before the news went viral. Alert was picked up from twitter handle of CNBC-TV18. This widget captures tweets of trusted twitter handles on all listed companies globally in real-time.
Our trending news widget issued positive news alert on Reliance Capital at 12.41 p.m. This widget monitors white-label media houses globally in real-time to source corporate news updates instantly.
Heckyl news engine also captured company notification with respect to aforesaid announcement to the Bombay Stock Exchange at 12.01 p.m.
Shares of Reliance Capital rallied through the afternoon to close up 8.5 percent for the today. Post Heckyl news alert, stock surged Rs. 20.4 a share or 3.5 percent to settle
at Rs. 604.10.
By using Heckyl News Analytics platform, a trader could have spotted intra-day trading opportunity in Reliance Capital. One could have bought the stock around Rs 584 and then sold it subsequently for Rs 604, netting a profit of Rs 20 a share.
There are plenty of such opportunities available every day, so don’t wait start using Heckyl News Analytics platform.