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EQUITY

INTRADAY CASH : Buy Gujarat Ambuja Exports Limited (GAEL)

  • July 29, 2021
  • By Ruhul AMIN Mondal
  • 152 Views 388 comments

Gujarat Ambuja Exports Limited (GAEL) is principally involved in the Agro-processing business with dominance in Maize products and Edible oils. It competes in the domestic and global markets and caters to food, pharmaceutical and feed industry. Gujarat Ambuja Exports Limited (GAEL) is principally involved in the manufacturing of Corn Starch Derivatives, Soya Derivatives, Feed Ingredients, Cotton Yarn, and Edible Oils. Major step forward in India: Holcim has acquired a stake in its strategic partner Gujarat Ambuja Cements Ltd. Thanks to the excellent relationship between Holcim and Gujarat Ambuja Cements Ltd (GACL), Holcim has been able to acquire a 14.8 percent stake in from the founder families. Gujarat Ambuja Exports Ltd., a company incorporated under the companies act 1956, in the State of Gujarat, was established as a public limited company on 21st August 1991. Certificate of commencement of business was obtained on 23rd August 1991. The immediate object of the company is to manufacture castor oil with the capacity of 65,000 mt/annum. The company is promoted by Mr Vijay Kumar Gupta Gujarat Ambuja Proteins Ltd. and Ambuja Foods Ltd., Mr Vijay Kumar Gupta, is a leading industrialist from Gujarat having varied business interest and experience. Mr Vijay Kumar Gupta owns and runs flour mills, edible oil refineries and solvent extraction plants in Gujarat & Rajasthan. – Exports Limited has informed that the Company has received approval for delisting of equity shares from The Delhi Stock Exchange Association Limited approving delisting of the Equity shares from the said stock exchange from December 29, 2003. The Company has also received in principle approval from the Jaipur Stock Exchange for delisting of Equity Shares. -Gujarat Ambuja Exports Limited has appointed Shri Sanjay S Maniar as Company Secretary and Compliance officer of the Company w.e.f. January 25, 2008. Exports Ltd has informed that the Board of Directors of the Company has declared an interim dividend @ 40% p.a. i.e. Rs. 0.80 p.a. per Equity Share of Rs. 2/- each.
-Gujarat Ambuja Exports Ltd has Announcement of commencement of Commercial Production of Maize

Script Name –GAEL( Gujarat Ambuja Exports Limited )

Buy Price –192.50-192.65

Profit Target-197

Stop Loss-190.30

Call Duration-INTRADAY

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