Goldum Sachs SS on Thursday sold its entire share of Smallcap stock ISGEC Heavy Engineering for Rs 95 crore by block deal. The quarter ended on December 31, 2024, 1.42% stake or 10,43,192 stocks.

Share Goldem Sach NSS Funds – Goldum Sach NS SH has been sold by India Equity Portfolio at a price of Rs 915.49 per share.

ISGEC Heavy Engineering is a multi-product, multi-location public company that has provided engineering solutions to customers around the world for the last 90 years.

Sales-Stock Fa falls behind the display exhibition by stock in 2025, which reduces the stock price by 35% on the basis of year-to-trash. In the last one year, the return is more than only 5%.

While ISGEC Heavy Engineering stocks have surpassed the Nifty on a 1 -year basis, when the period is 3% with the latter return, the% of the Nifty on the YTD basis. It was more than a decrease of%.

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    On Thursday, shares of ISGEC Heavy Engineering closed at Rs 934.65 on the BSE, which was Rs. Reduced to 15.05 or 1.6%. The current recession has reduced its 50-day easy moving average (SMA) and 200-day SMA to the counter of 1,253 and 200-day SMA respectively and Rs 1,309 respectively.

    According to data taken from Trendlin, the stock shows high instability with a 1 year beta of 1.9.

    The stock is also trading in the oversold zones of 27 and 8 respectively, respectively. The number of below 30 is considered oversold while the above 70 is overshadowed.

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    The company paid Rs. A consolidated income of Rs 1,501 crore reported that the quarter against Rs 1,498 crore was ended in the year ago. The company registered a significant climbance against the December quarter net profit of Rs 20 crore in the corresponding quarter of the last financial year.

    (Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)

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