Stocks to Watch, 18 August: Stocks like Glenmark Pharma, Inox Wind, Zaggle Prepaid Ocean Services, Easy Trip Planners, KEC International, EMS, Torrent Power, JK Cement, Globe Civil Projects, Indian Bank, ICICI Bank, ONGC, and Tata Power will be in focus on August 18.
The consolidation is expected to continue, with benchmark indices likely finding support at the 50-day EMA. Below are some short-term trading ideas to consider.
The proposed QIP will also help the company meet the SEBI norms on minimum public shareholding, which require a listed company to have a minimum of 25 percent of public shareholding three years from its IPO.
Stocks To Watch Today, Jan 3: Stocks like Capital Small Finance Bank, Avenue Supermarts, Hindustan Zinc, MOIL, Varun Beverages, Indian Railway Finance Corporation, NHPC, Axiscades Technologies,Honasa Consumer, Pricol, Allcargo Logistics, PB Fintech, Swan Energy, Gujarat Toolroom, and Citichem India will be in focus on January 3.
With the resumption of its shipyard operations, Swan said it has completed its first repair project of a Coast Guard patrol vessel ahead of schedule, providing end-to-end services.
Stocks like Grasim Industries, Sobha, Nazara Technologies, Lemon Tree Hotels, Balaji Amines, ITI, Easy Trip Planners, Swan Energy, Avanti Feeds, Anupam Rasayan India, and Hindustan Zinc will also be in focus on November 18.
Immediate support for the Nifty 50 is seen at 25,700, with a crucial level at 25,500, while resistance is expected around the 25,900-26,000 range. Here’s a look at the ‘buy on dip’ opportunities and stocks to avoid, according to market experts.
Swan Energy shares surged 8 percent on September 26 amid a sharp spike in trading volume. The counter has rallied 100 percent in the past year, doubling investors' capital.
The deal, which is likely to be completed in six months, is subject to the approval of shareholders and regulators, the Mumbai-based company said in a stock exchange filing.
Swan Energy stock has delivered multi-bagger returns of over 160 percent in the last one year, more than doubling investors' wealth.
At least 53 smallcaps from the pack of 250 smallcap index constituents have gained more than 10 percent since March 13, and as many as 113 stocks have recovered more than 5 percent
In CL Educate, foreign investor GPE India sold 790,000 shares or 1.46 percent stake at an average price of Rs 88.
To facilitate the pre-payment, the parent company Swan Energy has lent Rs 2,210 crore to Swan LNG.
IFFCO has moved the NCLT under sections 241 and 242 of the Companies Act 2013, alleging oppression and mismanagement.
The issue got interest from qualified institutional investors including Quant Mutual Fund, SBI Life, LIC, LIC Mutual Fund, Tata Mutual Fund, Infini Mutual Funds, SBI General Insurance, BNP Paribas Mutual Fund, Nomura, Goldman Sachs, Future Generali, Anand Rathi, and other domestic and foreign institutions and family offices, the company said.