Garment Mantra acquires stake in Twenty Twenty Trading; stock jumps over 4 per cent
Garment Mantra acquires stake in Twenty Twenty Trading; stock jumps over 4 per cent

Garment Mantra acquires stake in Twenty Twenty Trading; stock jumps over 4 per cent

Ganesh V Article rating: 4.4

Garment Mantra Lifestyle Ltd, which was earlier known as Junction Fabrics & Apparels Ltd announced that it has successfully acquired 74 per cent stake in Twenty Twenty Trading LLP, which operates the value retailing brand - Price Mantra. 

JK Cement bounces from trendline support
JK Cement bounces from trendline support

JK Cement bounces from trendline support

Vinayak Gangule Article rating: 3.7

Considering the daily timeframe, the stock of JK Cement Limited has bounced from the edge of the rising trendline support (on a logarithmic scale) formed by connecting swing lows from May 12, 2020, and coincides with the 50-day exponential moving average.

Vedanta forms descending hawk pattern
Vedanta forms descending hawk pattern

Vedanta forms descending hawk pattern

Vinayak Gangule Article rating: 3.7

The stock of Vedanta Limited has formed a descending hawk candlestick pattern on the daily timeframe. The descending hawk pattern closely resembles a bearish harami or inside day pattern except for the fact that in descending hawk pattern, both the bodies are green rather than opposite in colour.

Axis Bank gives trendline breakout
Axis Bank gives trendline breakout

Axis Bank gives trendline breakout

Vinayak Gangule Article rating: 4.2

Considering the daily timeframe, the stock of Axis Bank Limited has given a downward sloping trendline breakout, formed by connecting swing highs since November 2020. This breakout is confirmed by the above 50-day average volume.

Stocks to watch out for on Wednesday
Stocks to watch out for on Wednesday

Stocks to watch out for on Wednesday

Geyatee Deshpande Article rating: 4.0

Sensex gained by 260.98 points or by 0.54 per cent on Tuesday to settle at 48,437.78. Following is a list of stocks that will remain in focus today - ACC, BEML, Avanti Feeds, HDFC & ONGC.  

Gravita India to supply 12,000 MT of refined lead & lead alloys to Luminous Power Technologies
Gravita India to supply 12,000 MT of refined lead & lead alloys to Luminous Power Technologies

Gravita India to supply 12,000 MT of refined lead & lead alloys to Luminous Power Technologies

Apurva Joshi Article rating: 4.4

Gravita India Limited has signed an annual agreement with Luminous Power Technologies Private Limited (Gurugram) for supplying 12,000 MT of refined lead and lead alloys, to be executed in 2021, which at current lead prices, would be an approximate contract value of Rs 180 crore.

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