Top 20 Stock Today:Crude gained slight rise in Russia-Ukraine tension. Here the glow of gold and silver remains intact. In the hope of decreasing rates in the US, gold reached the height of 4 months and in the silver international market at 14 years high. In August, Hero Moto sold more bikes than expected. The company’s sales rose 8% to 5 lakh 31 thousand units. Exports showed a jump of 72%.
Ashish Chaturvedi’s team
The total sales rose 8% to 5.54 LK unit in August. Domestic sales increased from 5.5% to 5.19 LK unit from 4.92 LK unit. Motorcycle sales rose 5% to 5.02 LK unit
A 25 MW solar plant started in Bhuj.
The company tied up with Elemaster. Agreeted for Railways, Industrial and Medical Equipment.
Stock has been making higher top and higher bottom since 3 months.
IT shares were well raised yesterday
40% slipped from the summit, the stock arrived close to support.
Breakout in stock is possible after 1 month of consolidation.
The stock rose by 5% yesterday, after August 5, good closing took place.
Blue Star (Green)
Cups and handle -like patterns on the chart
Exide Ind (Green)
At the highest level of 9 months. Positive price volume action is being seen in stock.
Ashish Verma’s opinion
The company received orders worth `644 crore in August.
JV with Rajasthan State Electricity Corporation Limited (RVUNL) for Solar Power Project. JV will hold 74% of IGL and RVUNL will hold 26%.
Subsidiary bought 49% of Thailand’s growth chemicals. Deal in $ 0.76 MN through Fresh Equity Infusion. The deal is expected to be completed by 31 December 2025.
Started production of Kingfisher at ILIOS Brewery in Andhra Pradesh.
Acquire business of CAMSO Construction Compact Line (CCL) business of Michelin Group. Acquired business in $ 17.1 CR.
The company received the Society Revolution Project of `2700 CR.
In August, the provisional production rose from 46.1 MT to 9.4% to 50.4 MT, while the provisional offtech increased by 7.6% to 56.7 MT from 52.7 MT.
In August, the total iron and production rose 9.8% to 3.37 MT. The total sales rose 8% to 3.39 MT from 3.14 MT.
Royal Orchid Hotels (Green)
65 rooms tied up for hotel in Ambala
The company’s board will discuss the proposal to raise funds today. The government extended the application duration of the PLI scheme for textiles.
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