GAGA Share Market News

[hfe_template id='11223'] [ad_1] Benchmark indices Sensex and Nifty declined for the third day on Thursday as fresh tariff threats, weak Asian markets and foreign fund outflows hurt investor sentiment. Stocks that were in focus include names like Just Dial, which rose 6.18% and Adani Enterprises, which declined 0.1% and JBM Auto, whose shares fell 6.2% on Thursday. Here's what Viral Chheda, Sr Analyst at SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today. Just Dial After making the nine years high around 1395 in Oct 2024, price has given a sharp correction to make the low of 756 odd levels. Price has given almost 46% downside move from its higher level of 1395 odd levels. At the lower level stock has taken the support of previous lows of 760 and gave some pull back to make the high around 912 odd levels. Price is currently trading above its 20 DMA of 846. On the higher side moving above 940 will give s...

[hfe_template id='11223'] [ad_1] JBM Auto shares are likely to be in focus on Thursday after the company announced a 1:2 stock split, with January 31 set as the record date to determine shareholder eligibility. “Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Company has fixed Friday, 31st January, 2025 as the “Record date” for determining the eligibility of members for the purpose of sub-division/Split of the equity shares of the Company from Face Value of Rs. 2/- each fully paid-up to Face Value of Re. 1/- each fully paid-up,” the company’s filing to the stock exchanges said. A 1:2 stock split means that for every 1 share an investor holds, it will be split into 2 shares. In JBM Auto’s case, one share of face value of Rs 10 will be split into 2 shares of a face value of Rs 5 each. This effectively doubles the number of shares held by shareholders, while halving the stock's price. ...