Γ’β¬ΕA minimum churn in the portfolios and holding on to your winners, that is the trick about staying invested in the markets. Γ’β¬Β
The stock quoted a 52-week high price of Rs 435.55 and low of Rs 197.5.
Fundamental analysts suggest a median price target of Rs 2,150 on the stock, suggesting a potential 17 per cent upside. Technical analysts, on the other hand, believe the stock is headed towards its upper end of a range, and if it manages a breakout there, an upside towards Rs 2,500 level is possible. This target suggests up to 36 per cent upside.
On the technical charts, the 200-day moving average of the stock stood at Rs 3503.38.
A total of 88,416 shares changed hands on the counter till 01:47PM (IST).
Promoters held 62.55 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 13.02 per cent and 7.92 per cent, respectively.
From sailing past the 54,000 mark on August 4 to touching 58,000 level within a month, the rally in the benchmark BSE bluechip index has reflected the strong stock market sentiment.
"The employment in agricultural sector fell by 8 million. Now, the overall fall in employment in the month of August is just 1.5 million, which means other sectors and other forms of employment, including salaried employment, did go up."
On the face of things, festivities would seem incongruous as IndiaΓ’β¬β’s economy is still struggling from the ravages of the Covid-19 pandemic. But, when it comes to the Indian bond market, more often than not, bad news is good news (an irony which is not lost on traders).
A total of 52,592 shares changed hands on the counter till time (IST).
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.