Stocks of the week: This Share Ready to Run Like a Bullet
We are going to tell you two such stocks, which can give you good profits in the coming few days you just have to keep an eye on them.
TV18 Broadcast Limited
TV18 Broadcast Limited is a vibrant Indian media powerhouse, capturing the essence of diverse content. With an unwavering focus on delivering top-tier news and business updates, the company’s array of broadcasting channels is a testament to its commitment. Beyond the traditional realm, TV18 ventures into the digital landscape, curating captivating content that resonates with modern audiences. From gripping motion pictures to dynamic digital platforms, from insightful publications to engaging entertainment, TV18’s versatile portfolio embodies the very fabric of media evolution. With a lineup of esteemed news channels like CNBC-TV18, CNBC Awaaz, and CNN-News18, alongside the vibrant tapestry of entertainment featuring Colors, MTV, and Comedy Central, TV18 Broa…
TV18 Broadcast is currently trading at 45 rupees.
- Stop loss is at 42.
- 1st Target: 52
- 2nd Target: 62
- 3rd Target: 80
| REVENUE IN INR (TTM) | 78.23bn |
| NET INCOME IN INR | 1.27bn |
| INCORPORATE | 2005 |
| EMPLOYEES | 3.91k |
THE INVESTORS
It is a major and reputable investment institution. It is a university of wealth, characterized by stability and rich knowledge in the financial realm.
In the realm of ownership, a tapestry of influential players weaves itself around the company’s destiny:
- Norges Bank Investment Management, a custodian of growth, holds 3.28% with 56.27 million shares as of September 2022.
- The symphony continues with quant Money Managers Ltd., orchestrating 3.04% through 52.04 million shares as of July 2023.
- The Vanguard Group, Inc., a visionary maestro, commands 1.02% through 17.54 million shares as of July 2023.
- Dimensional Fund Advisors LP, a subtle contributor, adds its essence with 0.60% ownership from 10.20 million shares as of August 2023.
- Like notes in a composition, BlackRock Fund Advisors lends its harmony with 0.38%, nurturing 6.44 million shares as of August 2023.
- Bessemer Investment Management LLC joins the ensemble, orchestrating 0.34% through 5.79 million shares as of April 2023.
- BlackRock Advisors (UK) Ltd., a delicate resonance, claims 0.09% from 1.52 million shares as of August 2023.
- Amidst this intricate composition, SSgA Funds Management, Inc. adds a subtle undertone with 0.06%, owning 1.06 million shares as of August 2023.
- The crescendo builds as Fisher Asset Management LLC joins, their impact a graceful cadence, 0.04% strong through 741.42 thousand shares as of March 2023.
Wipro
Wipro is a leading global technology company that is committed to innovation and sustainability. The company is a valuable partner to businesses and organizations around the world. Wipro is an Indian multinational information technology, consulting, and business process services company headquartered in Bengaluru, Karnataka, India. It is one of the leading Big Tech companies in India and is ranked 3rd in the Forbes Global 2000 list of the world’s largest public companies.
Wipro’s capabilities range across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services. The company has a presence in over 167 countries and employs over 2,40,000 people.
In addition to IT services, Wipro also has a consumer care business that manufactures and sells personal care products, such as soaps, detergents, and shampoos. The company’s key brands include Santoor, Chandrika, Maxkleen, Giffy, and Enchanteur.
Summary of Stocks
| Stock Name | Current Price | Target 1st | Target 2nd | Stop loss |
|---|---|---|---|---|
| TV 18 | 45 | 52 | 62 | 42 |
| Wipro | 411 | 40 | 480 | 405 |
Disclaimer: If you’re contemplating an investment in both Wipro and Tv18, it’s crucial to conduct thorough research and seek guidance from a qualified financial advisor. Please note that we are not registered with SEBI as advisors; this information is intended for educational purposes.
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