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Stock under Rs 25: Is a turnaround happening in this satellite television provider stock which is on a verge of a multi-month breakout?
Stock under Rs 25: Is a turnaround happening in this satellite television provider stock which is on a verge of a multi-month breakout?

Stock under Rs 25: Is a turnaround happening in this satellite television provider stock which is on a verge of a multi-month breakout?

Among the prominent investors, Ashish Dhawan and Mukul Mahavir Agarwal hold 1.57 per cent and 1.36 per cent, respectively in the company.

Karan Dsij Article rating: 4.1

The stock once used to trade in triple digits in the year 2015, however, the stock traded in single digits in the year 2020. It has slowly but steadily picked up the pace and with the current chart structure, it looks set for a turnaround and hence demands to be on the watchlist!

This single-digit PE and attractive-dividend yield power stock is on the verge of a multi-month breakout!
This single-digit PE and attractive-dividend yield power stock is on the verge of a multi-month breakout!

This single-digit PE and attractive-dividend yield power stock is on the verge of a multi-month breakout!

Sustaining above the levels of Rs 101-Rs 103 would result in the breakout.  

Karan Dsij Article rating: 3.6

Interestingly, the stock, in the first hour of the trading itself, has witnessed a huge surge in the volume as it managed to cross a volume of 25 lakh shares. 

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