Stocks to Watch, 14 August: Stocks like JSW Cement, All Time Plastics, IRCTC, Pfizer, Vishal Mega Mart, Muthoot Finance, Jain Irrigation Systems, Zydus Lifesciences, Jubilant Foodworks, United Spirits, and Man Infraconstruction will be in focus on August 14.
Stocks to watch, 16 June: Gujarat Themis Biosyn, Godrej Properties, Sun Pharmaceutical Industries, Belrise Industries, Syngene International, Natco Pharma, Vedanta, ITC, Eicher Motors, South Indian Bank, NTPC, Nazara Technologies, Scoda Tubes, Shalby, Jubilant Pharmova, Jubilant Foodworks, and Jubilant Ingrevia will be in focus on June 16.
The speciality chain hospital also added that the company will execute lease agreement with the trust and obtain necessary approvals and permissions for the construction of over 175 bedded new hospital
Shalby's consolidated net profit fell on an annual basis as the company's total expenses for the quarter ended June rose at a faster pace in comparison to its revenue during the period.
AU Small Finance Bank, Amara Raja Energy & Mobility, Zee Entertainment Enterprises, Satin Creditcare Network, Craftsman Automation, and Muthoot Capital Services will also be in focus on Tuesday.
The share touched a 52-week high of Rs 333.85 on January 24, 2024 and a 52-week low of Rs 114.35 on March 28, 2023
There will no governmental or regulatory approvals required for this acquisition.
The company will do operations & management of newly constructed hospital facilities for 30 years.
A bullish outlook on the Nifty will be confirmed above the 19,850 mark. Further resistance levels are 20,000 and 20,200
The market closed over 0.5 percent higher on positive global cues. About 2,272 shares advanced, 1,282 declined and 131 remained unchanged
ICICI Direct is bullish on Shalby recommended buy rating on the stock with a target price of Rs 220 in its research report dated July 14, 2023.