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⚜️BUY M&M 2750 CE ABOVE 90 🎯 Target -95-100 ❤Sl 80 WAIT FOR HIT

Hindustan Zinc Promoter Vedanta will be selling a 3.17% stake in Hindustan Zinc through an offer-for-sale (OFS) from August 16-19. The OFS will have a base size of 1.22% with an option to sell an additional 1.95% stake in case of oversubscription. The floor price has been fixed at Rs 486 per share. Tata Steel The company has acquired 115.92 crore ordinary equity shares of its subsidiary, T Steel Holdings Pte, for $182 million (Rs 1,528.24 crore). Post this acquisition, T Steel Holdings Pte will continue to be a wholly owned subsidiary of the company. Power Mech Projects The company has received an order worth Rs 114.30 crore from Coastal Energen. The order involves the operation and maintenance of a 1,200 MW (2*600 MW) coal-based thermal power plant, namely Mutiara Thermal Power Plant, owned by Coastal Energen at Melamaruthur, Tamil Nadu, for one year, effective October 1. MSCI Asia ex Japan up 6.25 points or 1.12 per cent at 564.71 Japan's Nikkei 225 up 1086 points or 2,96 per cent at 37,813 Hong Kong's Hang Seng up 205  points or 1.21 per cent Nasdaq closed higher, up 401 points or 2.34 per cent at 17,594 Dow Jones up 554 points or 1.39 per cent at 40,568 S&P 500 up 88 points or 1.61 per cent at 5,548

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Exit position

Wait for price hit Cmp 93

⚜️BUY NIFTY 24200 PE ABOVE 100 🎯 Target -115-150-180 ❤Sl 40 WAIT FOR HIT CMP

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Vedanta The company has received approval from the Committee of Directors for the sale of up to 11 crore equity shares (a 2.6% stake) of Hindustan Zinc via an offer-for-sale. Sansera Engineering The Board of Directors of the company will meet on August 20 to consider raising funds through QIP or another method. Bombay Dyeing and Manufacturing Company The company has executed definitive agreements with Goisu Realty (a subsidiary of Sumitomo Realty & Development Company) and received Rs 537.78 crore to complete the transaction of land sale at Worli. Mahindra and Mahindra Total sales for July increased by 2.1% year-on-year to 64,929 units, but production fell by 1.2% to 69,138 units, and exports dropped by 40.4% to 1,515 units. SJVN The company has received board approval for monetization through the securitization of partial future revenue/return on equity of the Nathpa Jhakri Hydro Power Station (NJHPS). The board also approved, in principle, the dilution of stake in the subsidiary, SJVN Green Energy.