NHPC SHARE LATEST NEWS 🔥 IRCTC SHARE NEWS • TATA POWER • NBCC • RELIANCE POWER • STOCK MARKET INDIA

Summary

In this financial video script dated June 11, 2024, the speaker discusses significant updates on share market investments, focusing on Tata Power Company Limited and its potential breakout. The script mentions an important dividend announcement with an ex-date set for July 4, 2024, and advises investors on entry points and holding strategies. It also covers the split announcement of Share India Securities Limited, the impact of the Prime Minister's housing scheme on NBCC's share price, and the performance of Indian Railways sector stocks under the continued leadership of Ashwini Vaishnaw. Additionally, the script touches on IPOs, market predictions, and a significant share transfer in NHPC Limited, emphasizing the renewable energy sector's growth and advising caution with high-risk investments.

Takeaways

• 📈 The script discusses important updates on shares, focusing on the power sector and companies like Tata Power Company Limited, suggesting a potential breakout in share prices.
• 💡 An almost 70-80% chance of a breakout for Tata Power shares is highlighted, based on recent trading patterns and multiple resistance levels touched.
• 🗓️ An important update is provided regarding the announcement of a dividend for a company, with the ex-dividend date fixed for July 4, 2024, which could make shareholders eligible for the dividend if they purchase shares within the next three weeks.
• 📊 The trading volume for the discussed shares was significant, with nearly 9998 lakh shares traded, indicating substantial investor interest.
• 📉 For shareholders of Tata Power, the advice given is not to sell in a hurry unless there is an urgent need for money, suggesting a long-term positive outlook.
• 🏢 Share India Securities Limited is mentioned, discussing a stock split announcement along with a fixed record date, indicating potential benefits for investors who purchase shares before the record date.
• 🏠 The impact of the Prime Minister's housing scheme on housing finance companies like NBCC is discussed, with a recent contract win for NBCC leading to a jump in its share prices.
• 🛤️ The script also touches on the railway sector, with the reappointment of Ashwini Vaishnaw as the Railway Minister, which is seen as a positive move for the sector's shares.
• 🚀 A significant contract win for IRCTC is mentioned, which has led to a surge in its share prices, closing at a high level.
• 📊 The script advises on entry points for shares, suggesting to hold above 450 for Tata Power and look for potential entry points around 435 if there is a correction.
• 💰 The renewable energy sector is highlighted as being in high demand and a growth sector, with specific mention of a company becoming debt-free and enhancing operational attractiveness.

Q & A

What is the significant update about Tata Power Company Limited shares mentioned in the script?

The significant update is that the company announced a total dividend of ₹ along with its quarterly results, and the ex-date for this dividend has been fixed for July 4, 2024. This means that if you hold the shares around that date, you will be eligible to receive the dividend.

What is the potential breakout chance for Tata Power Company Limited shares in the upcoming session?

There is almost a 70 to 80 percent chance of a breakout for Tata Power Company Limited shares in the next session, according to the speaker's analysis.

What was the trading volume of Tata Power Company Limited shares on the date mentioned in the script?

The trading volume was quite good, almost around 9998 lakh shares were traded on the date mentioned in the script.

What is the advice for investors who already hold shares in Tata Power Company Limited?

The speaker suggests that if investors already hold shares, they should consider holding rather than selling unless there is an urgent need for money.

What is the entry point suggested for investors looking to buy shares of Tata Power Company Limited?

The suggested entry point for buying shares is above 450, and if the share price breaks out and holds above this level, it could be a good time to enter.

What is the announcement made by Share India Securities Limited on the date mentioned in the script?

Share India Securities Limited announced a stock split in the ratio of 1:5, and the record date for this split has been fixed.

What is the return profile of Share India Securities Limited over different periods?

The return profile shows that over 1 year, investors might not be satisfied with a 16% return, but over 5 years, the return is 1358%, indicating a significant growth in value.

What is the impact of the announcement of the stock split on Share India Securities Limited shares?

The announcement of the stock split along with the fixed record date could potentially increase the demand for the shares and may positively impact the share price.

What is the news about NBCC shares discussed in the script?

The script discusses that NBCC shares have moved around 10% and touched their all-time high, which is around 9, due to two main reasons: the benefits from the Prime Minister's housing scheme and the receipt of a contract worth 880 crores.

What are the two main reasons behind the surge in NBCC shares as per the script?

The two main reasons are the benefits from the Prime Minister's housing scheme, which is expected to increase business for housing finance companies like NBCC, and the receipt of a contract worth 880 crores.

What is the advice for investors regarding the entry point for IRCTC shares?

The advice given is to consider the levels of 1050 for a breakout and entry, or wait for a correction to around 970 or 980 for a potential entry point, which is considered a good support level.

What is the context of the discussion about the IPO of JGP?

The context is about the upcoming IPO of JGP, which is in the solar renewable energy sector, and the discussion is about the premium pricing and the potential response to the IPO based on current market trends.

What is the update on the transfer of NHPC Limited shares as mentioned in the script?

The update is about the transfer of 1.31 crore NHPC shares to Power Grid Corporation of India Limited, which is a joint venture company, and the implications of this transfer for the company's cash position and project expansion.

What is the potential impact of the transfer of NHPC shares on the company's financial position?

The transfer of shares will bring cash into the company, which is beneficial for its project expansion and asset management.

What is the discussion about the Reliance Industries share price movement in the script?

The script discusses the potential for Reliance Industries share price to surge from the current level of 28 to possibly reach 36, based on the company's announcement of becoming a date-free company and enhancing operational compactness.

What is the advice for investors considering the high volatility and risk associated with Reliance Industries shares?

The advice is to be cautious and not to invest based on speculation alone, as the company is considered high-risk, but also high-reward.