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Escorts Kubota Ltd. key Products/Revenue Segments include Tractors Agricultural, Other Operating Revenue, Scrap, Sale of services and Export Incentives for the year ending 31-Mar-2023.

6 stocks closed above VWAP on January 8

Updated at : 2024-01-09 12:40:02

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This occurrence is often interpreted as a potential bullish signal by traders and investors.

Sanjiv Bhasin says: “We should see 22,000 maybe next week. I still think it is the large cap index, which will move. Bank Nifty should be the one which should really charge things up because their numbers will be very, very optimistic. Bank earnings should be the best in this quarter.”

Laxmi Organic Industries Ltd., incorporated in the year 1989, is a Small Cap company (having a market cap of Rs 7594.17 Crore) operating in Chemicals sector.

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The inescapable conclusion, as we hope our readers will infer, is that adhering to the fundamental principles of asset allocation remains the most preferred approach to investing.

The price level of Rs 100 was a strong resistance and a psychological level for Samvardhana Motherson stock. The stock touched this level in August 2023 but could not sustain and corrected 13 percent from there.

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As of 30-Sep-2023, promoters held 63.21 per cent stake in the company, while FIIs held 23.52 per cent and domestic institutional investors had 4.8 per cent.

Adani Ports shares have turned the tide after hitting lows of Rs 395.10 as a fallout of the Hindenburg report in January last year. The returns have been to the tune of over 200%.

Feroze Azeez says: “Investor confidence has gone up on the back of education which has started in 2013. Liquidity, both on the domestic and the foreign institutional side seems robust because the domestic guys are putting money out of education and foreigners are putting on the probability of the continuance of the government. Plus, earnings have been very heartening.”

In Jyoti CNC Automation IPO, about 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.

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