#Nifty50 | 14-05-2024
Nifty has broken out of its long-standing channel and closed above it, despite the absence of any significant triggers indicating a strong move in either direction. A new bull run is expected if it moves above the 23,500 level and sustains.
Stay tuned 😊❤️
Nifty has broken out of its long-standing channel and closed above it, despite the absence of any significant triggers indicating a strong move in either direction. A new bull run is expected if it moves above the 23,500 level and sustains.
Stay tuned 😊❤️
Key Highlights : Hyundai Motor India Ltd IPO
Record-Breaking Potential:
- HMIL's IPO could raise $2.5-$3 billion.
Equity Offer Details:
- Offering 142.2 million equity shares, representing 17.5% of the post-offer paid-up equity.
- 35% of the shares will be allocated to retail individual investors.
Strategic Importance:
- India is Hyundai's third-largest revenue generator.
- SUVs account for over 62% of Hyundai's domestic sales.
Market Share and Growth:
- Hyundai's SUV market share increased from 16.3% in FY19 to 18.8% in February 2024.
- SUVs now represent 50.3% of all passenger vehicles sold in India, up from 23.1% in FY19.
Expansion Plans:
- HMIL is expanding in India with a new battery assembly factory and increased production capacity via the GM factory acquisition in Pune.
Broader Implications:
- The listing underscores Hyundai's commitment to India and sets a precedent for Korean companies seeking international listings to enhance valuations.
Record-Breaking Potential:
- HMIL's IPO could raise $2.5-$3 billion.
Equity Offer Details:
- Offering 142.2 million equity shares, representing 17.5% of the post-offer paid-up equity.
- 35% of the shares will be allocated to retail individual investors.
Strategic Importance:
- India is Hyundai's third-largest revenue generator.
- SUVs account for over 62% of Hyundai's domestic sales.
Market Share and Growth:
- Hyundai's SUV market share increased from 16.3% in FY19 to 18.8% in February 2024.
- SUVs now represent 50.3% of all passenger vehicles sold in India, up from 23.1% in FY19.
Expansion Plans:
- HMIL is expanding in India with a new battery assembly factory and increased production capacity via the GM factory acquisition in Pune.
Broader Implications:
- The listing underscores Hyundai's commitment to India and sets a precedent for Korean companies seeking international listings to enhance valuations.
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Forwarded from Private : WICK Chronicles with KS
CyientDLM
CMP 688
Target 800/850+
Time Frame 1-2 Months
S.L 590
CMP 688
Target 800/850+
Time Frame 1-2 Months
S.L 590
Forwarded from Private : WICK Chronicles with KS
Cesc
CMP 149
Target 175/200+
Time Frame 1-2 Months
S.L 135-130
CMP 149
Target 175/200+
Time Frame 1-2 Months
S.L 135-130
🌞 Good morning, Traders!
Let's kickstart this day with positivity and profit on our minds! May your strategies be sharp, your decisions be wise, and your profits be abundant. Here's to a day filled with successful trades and lucrative opportunities.
Happy trading! 💰😊❤️
WICK Chronicles ✨
Let's kickstart this day with positivity and profit on our minds! May your strategies be sharp, your decisions be wise, and your profits be abundant. Here's to a day filled with successful trades and lucrative opportunities.
Happy trading! 💰😊❤️
WICK Chronicles ✨
Forwarded from Private : WICK Chronicles with KS
Exicom 339, 6% up in a day.🔥🔥🔥❤️🔥🔥🔥
Stay tuned for targets, the journey is just started. 😊❤️
Stay tuned for targets, the journey is just started. 😊❤️
Forwarded from Private : WICK Chronicles with KS
Emudhra 890 🔥🔥🔥❤️🔥🔥🔥 high.
The journey is just started, stay tuned 😊❤️
The journey is just started, stay tuned 😊❤️
🌞 Good morning, Traders!
Let's kickstart this day with positivity and profit on our minds! May your strategies be sharp, your decisions be wise, and your profits be abundant. Here's to a day filled with successful trades and lucrative opportunities.
Happy trading! 💰😊❤️
WICK Chronicles ✨
Let's kickstart this day with positivity and profit on our minds! May your strategies be sharp, your decisions be wise, and your profits be abundant. Here's to a day filled with successful trades and lucrative opportunities.
Happy trading! 💰😊❤️
WICK Chronicles ✨
Forwarded from Private : WICK Chronicles with KS
Exicom 343, 4% up again ❤️
From 319 to 343 in just 2 days, 7% Tentative ROI.
Stay tuned for Targets 😊❤️
From 319 to 343 in just 2 days, 7% Tentative ROI.
Stay tuned for Targets 😊❤️
🌞 Good morning, Traders!
Let's kickstart this day with positivity and profit on our minds! May your strategies be sharp, your decisions be wise, and your profits be abundant. Here's to a day filled with successful trades and lucrative opportunities.
Happy trading! 💰😊❤️
WICK Chronicles ✨
Let's kickstart this day with positivity and profit on our minds! May your strategies be sharp, your decisions be wise, and your profits be abundant. Here's to a day filled with successful trades and lucrative opportunities.
Happy trading! 💰😊❤️
WICK Chronicles ✨
Forwarded from Private : WICK Chronicles with KS
HSCL 401, 5% up U.C 🔥❤️🔒
Stay tuned for targets, journey is just started 😊❤️
Stay tuned for targets, journey is just started 😊❤️
🔥1