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Rajesh Palviya of Axis Sec suggests JSW Infrastructure, Ind-Swift Laboratories, Welspun Living shares to buy next week
The Indian stock market will remain closed on June 26 for the Muharram holiday. Benchmark indices extended their winning streak ahead of the holiday, with Nifty 50 closing at 24,056 and Sensex at 77,100.47, boosted by easing crude oil prices and supportive measures for the rupee.
Motilal Oswal initiates coverage on KPR Mill, 7 other textile stocks with up to 43% upside. Own any?
Motilal Oswal has initiated coverage on eight textile companies, turning bullish on Gokaldas Exports, Indo Count, Arvind Fashions, Pearl Global and Welspun Living. The brokerage expects improving global demand, trade agreements and supply-chain shifts to support India’s textile sector recovery and long-term export growth.
Buyback Alert: Record Date Out For Welspun Living's Rs 252-Crore Issue; Check Details
The buyback price for Welspun Living has been set at Rs 175 per share, with a total of 1.44 crore shares.
Rs 420 crore share buybacks: Welspun Living, CMS Info Systems turn ex-record date today. Tracking any?
Welspun Living and CMS Info Systems shares will trade ex-record date for their buybacks totaling Rs 420 crore. Investors await details on entitlement ratios and offer windows. Welspun Living plans to repurchase shares at Rs 175, while CMS Info Systems will buy back at Rs 340 per share.