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Board of Centum Electronics approves further investment in Centum Adetel Group SA


At meeting held on 10 December 2020The Board of Centum Electronics at its meeting held on 10 December 2020 has approved the proposal for further investment in Centum Adetel Group (CAG) SA. With the proposed investment, the company s stake in CAG will increase from 59.77% to 64.66%. This investment will be done through Centum Electronics UK, a wholly owned subsidiary of the company, subject to necessary approvals.
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United Kingdom , Centum Adetel Group , Board Of Centum Electronics , Centum Electronics United Kingdom , Centum Electronics , Capital Market , ஒன்றுபட்டது கிஂக்டம் , பலகை ஆஃப் சிஇஎன்டியுவ்எம் மின்னணுவியல் , சிஇஎன்டியுவ்எம் மின்னணுவியல் ஒன்றுபட்டது கிஂக்டம் , சிஇஎன்டியுவ்எம் மின்னணுவியல் , மூலதனம் சந்தை ,

Centum Electronics corrects on profit booking


Centum Electronics tumbled 5.21% to Rs 380.55 amid profit taking after a recent steep surge.
The stock jumped 25.95% in the past three sessions to end at Rs 401.45 yesterday (10 December 2020), from its recent closing low of Rs 318.75 recorded on 7 December 2020.
In the past one month, the stock has zoomed 39.36% while the benchmark S&P BSE Sensex has added 5.75% during the same period.
On the technical front, the stock s RSI (relative strength index) stood at 74.775 on BSE. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading above its 50-day, 100-day and 200-day daily simple moving averages (SMA) placed at 297.54, 316.82 and 300.12, respectively. These levels will act as crucial support zones in near term. ....

United Kingdom , Centum Adetel Group , Centum Electronics , Centum Electronics United Kingdom , Capital Market , ஒன்றுபட்டது கிஂக்டம் , சிஇஎன்டியுவ்எம் மின்னணுவியல் , சிஇஎன்டியுவ்எம் மின்னணுவியல் ஒன்றுபட்டது கிஂக்டம் , மூலதனம் சந்தை ,