The stock market has closed with gains over the past 12 sessions of trading. This is a record of the last 31 years. Profit booking cannot be ruled out in this rise. In such a situation, traders need to take positions carefully. An expert has chosen the power sector company CG Power & Industrial Solutions Ltd for short-term investors. Apart from this, Polyplex Corporation Ltd and GAIL (India) Ltd have also been selected. Know the complete details of the target and stop loss for these. CG Power Share Price Target CG Power & Industrial Solutions Ltd’s stock closed at Rs…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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Adani Ports & Special Economic Zone Ltd (NSE: ADANIPORTS) is now preparing to buy an 80% stake in global offshore service vehicle operator Astro. According to the press release, the transaction can be completed with cash in exchange for $185 million. Astro’s operations span all of the Middle East, India, East Asia, and Africa. The company owns 26 OSVs including anchor-handling tugs (AHTs) and flat-top barges Multipurpose Support Vessels (MPSVs) and workboats. Apart from this, Astro also provides vessel management and other services. Adani Ports & Special Economic Zone Ltd’s CEO and Wholetime Director Ashwini Gupta said the acquisition of…
Share Buyback News: After the market closed, the big news came regarding share buyback. Insecticides India Ltd (NSE: INSECTICID) has informed in the exchange filing that its board directors of the company have approved the purchase of 50 crore shares. The company’s board has approved the purchase at 1,000 rupees per share. The board has approved the purchase through the tender process. The stock of the company jumped 17 %. In The Filing To Exchange, The Company Noted “We wish to inform you that the Board of Directors at its meeting held on August 30, 2024, has, among other things,…
High Conviction Picks: A brokerage company has put down HDFC Bank Ltd, ITC Ltd, Maruti Suzuki India Ltd, ERIS Lifesciences Ltd along TCI Express Ltd off its lists of the top conviction selections. In addition, the brokerage firm has also included Bharti Airtel Ltd, IndusInd Bank Ltd, Interglobe Aviation Ltd, Lupin Ltd, Mahindra & Mahindra Ltd, BEML Ltd, and Lemon Tree Hotels Ltd in the selections for conviction. Let’s look at these recently added stocks- Bharti Airtel The brokerage says that Bharti Airtel Ltd has 355 million (35.5 crore) customers and 25 million (2.5 crore) customers in the postpaid category.…
Following the approval by the Government of Gujarat, the boards of Gujarat State Petroleum Corporation Limited (GSPCL), Gujarat State Petronet Limited (GSPL), and Gujarat Gas Limited (GGL) approved the merger-demerger program on August 30, 2024. Under the merger-demerger plan proposed by GSPC Group, in the initial phase, Gujarat State Petroleum Corporation Limited (GSPCL) and Gujarat State Petronet Limited (GSPL) will be merged to form Gujarat Gas Limited (GGL). In the second phase of the scheme, Gujarat State Petronet Limited (GSPL) will be split and established in a brand new model. Information about GSPCL GSPCL is one…