NLCINDIA.NSE NLC India Ltd
280
241.50
6.30
(2.68%)
| Watchers | 280 |
| 52-Wk Low | 92.85 |
| 52-Wk High | 293.75 |
| Market Cap | 327.94B |
| Volume | 8.23M |
| 52-Wk High | 293.75 |
| 52-Wk Low | 92.85 |
Top 10 stock ideas for May series when D-St bulls charge Nifty towards 22,800Moneycontrol • about 1 month ago
As long as the Nifty 50 holds 22,300-22,200 levels on closing basis, the upward march towards 22,800 can't be ruled out in the coming sessions.
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As for the Nifty, going ahead, immediate support is expected around last Thursday’s low of 22,300, which coincides with the 20EMA (20-day exponential moving average), followed by the pivotal support of the bullish gap around 22,200.
The base offer will comprise the sale of around 6.93 crore equity shares, whereas, the greenshoe option will comprise 2.77 crore shares.
Govt looks to sell up to 5% stake with an option to exercise greenshoe option to sell an additional 2% stake
For Q3FY24, EBITDA fell 33.5 percent to Rs 904.7 crore in Q3FY24 from Rs 1,359.7 crore in the previous fiscal.
If the Nifty 50 breaks the low of this month around 21,300, the crucial support, then further correction towards 21,000 mark can't be ruled out, while 21,850 will be crucial for further upside in the 'sell on rally' market, experts said
The project will be executed at the mega Dayapar site in Kutch district of Gujarat, a company statement said.
Nifty realty has shown good rally of 130 percent since March 2023 and is currently trading near 844 levels.
The government has targeted disinvestment proceeds of Rs 51,000 crore in FY24, of which Rs 10,051.73 crore has been garnered so far.