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V-Guard Industries Ltd Spikes 1 74%

V-Guard Industries Ltd has added 8.77% over last one month compared to 0.58% gain in S&P BSE Capital Goods index and 3.44% drop in the SENSEX V-Guard Industries Ltd rose 1.74% today to trade at Rs 242.5. The S&P BSE Capital Goods index is up 0.71% to quote at 22072.13. The index is up 0.58 % over last one month. Among the other constituents of the index, Larsen & Toubro Ltd increased 1.51% and Bharat Forge Ltd added 1.33% on the day. The S&P BSE Capital Goods index went up 73.04 % over last one year compared to the 64.69% surge in benchmark SENSEX. V-Guard Industries Ltd has added 8.77% over last one month compared to 0.58% gain in S&P BSE Capital Goods index and 3.44% drop in the SENSEX. On the BSE, 1962 shares were traded in the counter so far compared with average daily volumes of 3.66 lakh shares in the past one month. The stock hit a record high of Rs 255 on 03 Feb 2021. The stock hit a 52-week low of Rs 149 on 24 Mar 2020.

market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

NEW DELHI: Nifty traded with cuts on Monday as the headline index closed below the crucial 15,000 levels and formed a bearish Hammer-like pattern with a long lower shadow. Rohit Singre, Senior Technical Analyst at LKP Securities said, Going forward, 14,750 will act as an immediate and strong support. If it manages to hold that, then some more pullback is possible towards immediate hurdle zone of 15,000-mark followed by 15,100 zone. As of now, there are no signs to the end of this corrective phase. Hence, we could continue to see such volatility in the near term. Traders are advised to avoid getting carried away and rather look for stock-specific opportunities on both sides. As far as levels are concerned, the immediate support for the Nifty is placed around 14,700, while resistance is seen around 15,050,” said Ruchit Jain, Senior Analyst - Technical and Derivatives at Angel Broking.

Shares trade with decent gains; breadth strong

Read more about Shares trade with decent gains; breadth strong on Business Standard. The domestic equity benchmarks continued to trade with decent gains in mid-morning trade amid positive global cues. Shares in capital good segment gained for the second day. The Nifty was trading above the 15,250 mark.

V-Guard Industries: V-Guard Industries promoter Chittilappilly sells shares worth Rs 90 crore to fund social causes

Synopsis As per Chittilappilly, the K Chittilappilly Foundation (KCF) was formed to undertake charitable and philanthropic activities and had decided to execute a signature project named Chittilappilly Square (CS). Based on the weighted average price of V-Guard Industries at Rs 225.15 per equity share on February 17, 2021, sale of 40 lakh shares is estimated at Rs 90 crore. NEW DELHI: Electrical appliances manufacturer V-Guard Industries promoter and chairman emeritus Kochouseph Chittilappilly has sold 40 lakh shares in the company worth Rs 90 crore to fund social causes. The sale of 40 lakh shares of V-Guard lndustries Ltd executed on February 17, 2021 was to raise funds for two initiatives I have undertaken as part of my commitment to social causes, Chittilappilly said in a regulatory filing.

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