Business
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.
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.
News Source: Mint
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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