Strategies for Shapoorji Pallonji Group stocks after Cyrus Mistry's death

Among individual listed stocks, Forbes & Company can rally up to 35 per cent; Eureka Forbes too looks good on charts.

Cyrus Mistry, the former chairman of Tata Group, and scion of the conglomerate Shapoorji Pallonji group died on Sunday, September 04, in a targic car accident. Shares of the multi-billionaire group with presence in construction, infrastructure, real estate, shipping, consumer goods and textiles were in focus in trades on Monday.

Here’s the technical outlook on listed Shapoorji Pallonji stock: -

Sterling And Wilson Solar Ltd (SWSOLAR)

Outlook: Hurdle at Rs 320

Post hitting a 52-week high of Rs 509.10 in October 2021, Sterling and Wilson Solar drifted southwards. The stocn even breached the 200-day moving average (DMA) and continued to lose ground