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“In terms of the capital gains, the market is not expecting anything and in other words, it will clearly be a very big negative if they tinker with either short term and long term capital gains tax, or change the holding periods because equity is risk capital whereas fixed income by definition generates a fixed income and there is no upside or downside relatively speaking.”

As of 30-Sep-2022, promoters held 0.0 per cent stake in the company, while FIIs held 18.7 per cent and domestic institutional investors had 1.87 per cent.

The stock recently broke out from a rectangle pattern earlier in November on the weekly charts which helped Escort share price to touch fresh highs. Short-term traders who missed the rally can look at buying the stock on dips for a target of Rs 3,000 in the next 6 months, suggest experts.

“One needs to plan things in a way so that one invests in all markets, not equity alone. The moment you understand this concept that you are supposed to keep investing every month but not in equity all the time, you will become a far better investor than you can be otherwise.”

HEG: Buy | Target Rs 1125 | Stop Loss Rs 1025. Price has moved up after a range-bound action. Price is in an attempt of an upside breakout.

The stock quoted a 52-week high price of Rs 1485.95 and a 52-week low of Rs 1070.95.

A total of 40,064 shares changed hands on the counter till 10:30AM (IST)

The deal appears complementary to Gland in terms of EU market access, branded pharma customer base and some technologies, the brokerage said. “We see the scope of meaningful value unlocking, subject to synergy execution,” said the note.

On the technical front, select strong are looking strong and are set for a breakout which may push them higher and reward the investors, suggest analysts.

Britannia Industries, incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 103961.17 Crore) operating in FMCG sector.