Buy This Share : Bumper earning opportunity

Xpro India Share Buy 

Shares of Birla Group company Xpro India have made investors rich in just four years. Xpro India shares have given good returns to investors during this period. In four years, the company's shares have increased from Rs 15 to Rs 1,200. Xpro India shares have given a return of more than 7700 percent in the last four years. The company has also gifted bonus shares once during this period.

Xpro India shares have risen in the last three years. In three years, the company's shares have climbed 557%. The company's shares were trading at Rs 182.73 on August 20, 2021. The shares closed at Rs 1,202 on August 21, 2024. Xpro India's stock has climbed 42 per cent in the last one year. The Birla Group stock has climbed 21 per cent in the last one month. The 52-week high of the company's shares is Rs 1,295.50. At the same time, the 52-week low has been Rs 836.

IREDA Share Buy

Shares of Indian Renewable Energy Development Agency Limited are in focus on Thursday. In yesterday's trade, the company's shares rose 12 per cent to an intraday high of 265.75. There is good news behind this stock rally. The company is exploring the possibility of raising up to Rs 4,500 crore through qualified institutional placement, rights issue and other means. Strong buying has been seen in the shares since the news.

The board of directors of the Indian Renewable Energy Development Agency will meet on Thursday, August 29, in which the proposal to raise funds will be approved. So far this year, this stock has jumped 144 percent. Stocks have given strong returns to their investors in a short time. In comparison, Nifty-50 is up 14 percent.

Suzlon Share Buy

Shares of Suzlon Energy Company are trading with gains. On Thursday, the company's stock closed at Rs 77.57. The company's shares (NSE: SUZLON) have performed significantly in the last few months. In just 3 months, the company's shares have given more than 200 percent return to its investors.

The board of directors meeting of Suzlon Energy Company was scheduled to be held on May 3, 2024. The company has recently approved the proposal to merge with its wholly-owned subsidiary Suzlon Global Services Limited. Suzlon Energy stock was trading 1.64% higher at Rs. 78.84 on Friday, August 23, 2024.

The company's shareholders and lenders approved the merger in the board of directors meeting held on August 16. At present, stock market experts have advised to put a stoploss at Rs 74 while buying Suzlon Energy shares. According to experts, the stock can go up to Rs 100-102 in the coming days.

Alok Industries Share Buy

The shares of Alok Industries Company are witnessing a tremendous rise. The shares of Alok Industries Company, which does business in the textile sector, are once again in focus. On Thursday, the shares of the company were trading 3 per cent higher at Rs 28.86. The shares of Alok Industries Company were up 15 per cent on Wednesday.

In the last five days, the company's shares have earned a 20% return on its investors. Reliance Industries Company owns the share capital of Alok Industries Company. In yesterday's trading session, the company's shares had touched a high of Rs 28.86. The stock of Alok Industries is trading 1.23 per cent higher at Rs 29.53 on Friday, August 23, 2024. On Saturday (August 24, 2024), the stock was trading 3.12% lower at Rs 28.3.

The shares of Alok Industries Company were trading at a 52-week high of Rs 39.24. On July 31, 2023, the company's shares were trading at a 52-week low of Rs. 14.56.56. In the last one month, the company's shares have returned 10% to its investors. On a year-to-date basis, the stock has outperformed its investors by 32%.

The company's share price has increased by 65% ​​in the last one year. The promoters of Alok Industries Company hold 75 per cent stake in the company. Reliance Industries is the main promoter company of Alok Industries Company.

Mukesh Ambani's Reliance Industries Company holds 1,98,65,33,333 shares or 40.01 per cent stake in Alok Industries Company. JM Finance firm also holds 1,73,73,11,844 shares or 34.99 shares of the company. Both these companies jointly hold shares of Alok Industries Company.

In the June quarter, Alok Industries Company had a revenue collection of Rs 968 crore. The company's revenue declined to Rs 1,435 crore on a quarter-on-quarter basis. Alok Industries Company's net loss in the June quarter has come down to Rs 197 crore. It was Rs 206 crore in the same quarter last year.

RVNL Share Buy

RVNL company's shares are seeing a strong rally. RVNL and DMIA (NSE: RVNL) have announced a collaborative agreement (NSE: RVNL) to participate in rail infrastructure and service projects in the Southeast Asian market as well as other markets. RVNL company's shares went up on this news.

In yesterday's trading session, RVNL stock touched a high of Rs 563.75. The company traded 5.89 lakh shares during the day's trading. On Friday, August 23, 2024, RVNL stock was trading 1.62 per cent higher at Rs 580.

The total market capitalization of RVNL is Rs 1.17 lakh crore. The stock has a one-year beta of 1.3, which indicates high volatility during this period. The Relative Strength Index of RVNL stock is at 52.1 points. That is, the stock does not trade in the overbought or oversold zone. The company's shares are trading above the SMAs for 10-day, 50-day, 100-day, 150-day, 200-day. However, the stock is trading at prices lower than the SMAs of 5-day, 20-day, and 30-day.

Through the new temporary MoU, RVNL and DMIA will be able to participate in railway infrastructure and service projects in ASEAN markets and other markets. Special focus will be given to creating a production base under this agreement. RVNL has initiated talks to enter new markets for railway coaches and other railway products in Malaysia to meet the growing needs of ASEAN countries.

Vedanta Share Buy

Shares of Vedanta Limited (NSE: Vedanta) are witnessing strong gains. The company's shares are up 104% from their yearly low. Vedanta stock was trading at Rs. 225 in March 2024. The stock has now come down to Rs. 459. On May 22, 2024, the company's (NSE: Vedanta) shares touched an all-time high of Rs. 506.85.

Vedanta stock is trading above its 10-day, 20-day, 30-day, 50-day, 100-day, 150-day and 200-day SMA levels. Vedanta stock closed 2.27 percent lower at Rs. 449.10 on Friday, August 23, 2024. The total market capitalization of Vedanta was Rs. 1.79 lakh crore. Vedanta shares have a one-year beta of 1.1, which indicates high volatility during this period. The Relative Strength Index of Vedanta stock is 58.2 points. That is, the stock does not trade in the overbought or oversold zone.

Vedanta stock was trading at its 52-week low of Rs. 207.85 on September 28, 2023. According to experts at Anand Rathi Securities firm, Vedanta stock has formed strong support at Rs 445. Also, the stock is facing strong resistance at Rs 460.

According to experts, the expected trading range of the stock will be between Rs 435. According to experts at Mehta Equities firm, Vedanta stock has formed strong support at Rs 440. The stock is also facing strong resistance at Rs 470. If the stock falls below Rs 440, then the stock can fall to Rs 415-420 in a short time.

According to experts of Stockbox firm, Vedanta stock has increased 100 percent from the low of March 2024. According to experts, the stock can go up to Rs 472 in the coming days. Experts have advised to put a strict stoploss at Rs 429 while buying Vedanta shares. According to an expert of Choice Broking firm, Vedanta stock can fall to Rs 500-550 in the short term. if it stays at Rs 460.

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