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This Adani share can reach ₹ 3300, possibility of jump up to 32%

by Aaryan Srivastav
September 17, 2024
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Adani Group Stocks: Adani Group’s share SCC Cement can reach Rs 3300 in the coming days. Today it is trading 0.48 percent down at Rs 2500. Domestic brokerage firm Motilal Financial Services has given its target price of Rs 3300. That is, it can register a jump of about 32 percent from today’s rate.

2748 percent return so far: ACC shares have given a return of 2748 percent so far. On January 1, 1999, this share was worth only Rs 87.68. In the last 5 years, it has risen by more than 52 percent. Whereas, in the last one year, it has registered a growth of about 25 percent. This year so far, it has given a return of more than 11 percent. Its 52-week high is Rs 2844 and low is Rs 1803.

Buy, Sell or Hold ACC: Talking about the analysis views given on Live Mint, out of a total of 32 experts, 9 have given Stromg Buy and 10 have given Buy rating. Apart from these, 7 analysts have advised to hold. Whereas, six have recommended selling.

Also read: Drone manufacturing company gets an order of 2.40 lakh dollars, shares fall sharply

What are the technical trends saying: Talking about technical trends, it is neutral in the long term, but bullish in the short term. According to Mint, if this stock moves upwards, it can touch Rs 3707. In the mid-range, if it falls further to Rs 2835, it can go to the level of 2100.

(Disclaimer: Experts’ recommendations, suggestions, views and opinions are their own, not of anytv. Here only stock performance information is given, it is not an investment advice. Investment in the stock market is subject to risks and consult your advisor before investing.)

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