Special Stocks to Buy or sell | Akzo Nobel India has seen a 10 percent increase in the stock

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Akzo Nobel India, a manufacturer of decorative and industrial paints, has seen a 10 percent increase in the stock. Actually, the board of directors of the company will be meeting on Friday. There is a possibility of considering the share buyback proposal in this meeting. This is why the stock has also accelerated. When the market was closed, the stock price jumped 7.45 percent to Rs 1,940. 

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The board of directors of the company is scheduled to meet on Friday. There is a possibility of discussing the buyback proposal in this meeting. In the last one year, the stock of Akzo Nobel India declined by 8%. The smallest company in the Acura Domestic Organized Paint Sector, famous for the DLUX brand.

Move on such a stock 

Exxon Nobel's stock opened at Rs 1,902.00 on Wednesday, compared with the closing price of Rs 1,805.55 a day earlier. During the turnover, the company's stock went up to the highest level of Rs 1,979.90, while the low level of Rs 1,860 was also touched. 

Growth of 20.50% in Net Profit 

In the third quarter ending December 31, 2017, Net profit of Exo Nobel stood at 82.63 crores, with 20.50% growth. Net sales was up 5.77 per cent. Net sales of Rs 711.99 crores in Q3 2017  

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