Whats the news in Timken India?.Zoomed 25 % in 1 week
Whats the news in Timken India?.Zoomed 25 % in 1 week
Timken India ,the bearing company which operates both in auto and infraspace saw a huge movement last week.It has moved more than 100 RS in past 1 week or 25%
So what the news that is moving this stock with Huge volume.It started after AGM on Aug 13 was complete.
The Parent company Timken, headquaters in US is holding close to 75 %. On July the management said there is no plan of Delisting the company.
Some say that the results are really good for this quarter which will be announced on Sep 30.
Whatever is happening it not known,but huge volumes indicates that there is further updside for this stock till 500 to 600 Rs.
No comments:
Post a Comment