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JTEKT Stock Rebounds After Block Deal

Gold Silver Reports (GSR) – JTEKT Rebounds After Block Deal – Shares of the engineering company parred early losses and rose as much as 6.5 percent to Rs 102.

About 1.14 crore shares changed hands in a block deal, according to Bloomberg report. Buyers and sellers were not known immediately.                

Trading volume was 1,313.3 times its 20-day average, Bloomberg data showed. The stock is 35 percent below the Bloomberg one-year consensus price target. – Neal Bhai Reports

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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