The board of Welspun India has approved a buyback for an amount of ₹195 crore at a price of ₹120 per share. The record date for the buyback has been fixed as May 10, 2023.
The market is witnessing positive momentum however, the short term outlook remains hazy. Analysts recommend following a stock-specific approach in this market. Based on the recommendations of several analysts, here are six stocks that look attractive on technical charts. Take a look.
Apar Industries is a midcap stock. It hit its multi-year high of ₹2,885 on BSE on April 21, 2023. However, in the subsequent three sessions, it witnessed profit booking and ended in the red. It started its upward march once again on April 27, ending 1.65 per cent higher.