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Is it good idea to buy Videocon shares?

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Is it good idea to buy Videocon shares?

I think you can surely go with videocon industries as a pure bet on Debt or NPA companies. At present level of around Rs 20, stock may continue to consolidate even for more few months. But yes any solid revival plan has potential to double or even triple the stock price within 1–2 months.

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Will Videocon be listed again?

Videocon Industries Ltd and Values Industries Ltd will be delisted as part of the resolution plan approved for the bankrupt-Videocon group. Videocon Industries has fixed June 18, 2021 as the ‘record date’ for the purpose of delisting of equity Shares from the BSE and the NSE.

What will happen to Videocon share?

What will happen to Videocon share holders?

Videocon Industries has fixed June 18, 2021 as the ‘record date’ for the purpose of delisting of equity Shares from the BSE and the NSE. As per the resolution plan, all group companies including Values Industries Ltd (VAIL) would be amalgamated into Videocon Industries Ltd (VIL).

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Who is buying Videocon?

The Mumbai bench of the National Company Law Tribunal on Tuesday approved the resolution plan submitted by Anil Agarwal-owned Twin Star Technologies for acquiring Videocon Industries Ltd. Twin Star Technologies offered to pay ₹2,962 crore against Videocon’s financial liabilities of around ₹62,000 crore.

Who is going to buy Videocon?

Anil Agarwal-led Vedanta firm Twin Star Technologies will buy Videocon and the lenders are set to take a haircut of 90\%.

Is Videocon Industries Ltd stock a good long-term investment?

According to our live Forecast System, Videocon Industries Ltd. stock is a bad long-term (1-year) investment*. “Videocon Industries Ltd” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about “511389” projections.

Is the Videocon Industries share price in a bullish cycle?

According to present data Videocon Industries’s Videocon Industries Ltd shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Currently there seems to be a trend where stocks in the Other sector (s) have been popular in this period.

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What will be the INR price at 2021-08-28 for valuevideocon?

Videocon Industries Ltd. real time quote is equal to 7.250 INR at 2021-08-28, but your current investment may be devalued in the future. Get Our PREMIUM Forecast Now, from ONLY $8.49!

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