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IEX shares see a sharp fall today. Should you accumulate?

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IEX shares see a sharp fall today. Should you accumulate?

After the share price of the Indian Energy Exchange (IEX) surged to a record high of 956 rupees on Tuesday, the trading price on the BSE fell by more than 6% to 791 rupees per share due to plans to consider issuing bonus shares and the board of directors will be in the meeting Decide. Thursday, October 21, 2021.

“The best performing stocks in the past few days have seen a sharp correction. The fundamentals of IEX are still strong, but there are valuation concerns after the sharp rise, and there is obvious speculation, because traders can easily make money every day, so we see To technical adjustments to eliminate weak players,” said Santosh Meena, research director of Swastika Investmart Ltd.

Meena further stated that the 770, 9-DMA may provide some support, but there is a risk of moving to the 20-DMA currently located at the 687 mark. 700-650 is a good area for long-term accumulation of inventory.

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IEX is India’s premier electricity exchange, facilitating electricity trade. IEX has a market share of approximately 95% in the electricity trading market.

Sumeet Bagadia, Executive Director of Choice Broking, announced the important level of IEX stock. He said: “The stock has strong support at the level of 770 rupees per share, but if it breaks the support of 770 rupees, the stock may appear new Weakness. People should avoid making new purchases over the counter and recommend that holders of IEX shares keep a strict stop loss below 770 rupees, because breaking this level will mean a new collapse of the chart.”

IEX plans to issue bonus shares, which will be considered together with quarterly earnings at the board meeting on October 21.

The company issues bonus shares for its shareholders to increase the liquidity of the stock and aims to lower its stock price so that investors can afford it. Bonus shares are fully paid additional shares issued by a company to its existing shareholders.

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News Source: Mint

$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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