Magma Fincorp was trading with volumes of 2,605,199 shares, compared to its five day average of 6,924 shares, an increase of 37,527.81 percent. Rajasthan Cylinders and Containers was trading with volumes of 229,030 shares, compared to its five day average of 1,234 shares, an increase of 18,456.96 percent.
Consumer-facing businesses appear to be the preferred picks of most investors, and retail companies are no exception. Consequently, it isn’t surprising to see such stocks trading at a premium
Net Sales are expected to increase by 22.5 percent Y-o-Y (down 2.6 percent Q-o-Q) to Rs. 1,399.3 crore, according to Kotak.
Net Sales are expected to increase by 25.4 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 2,509.2 crore, according to Kotak.
Sports biopics gain momentum in Bollywood, 10 more such ventures in the line-up
Net Sales are expected to increase by 18.2 percent Y-o-Y (up 2.1 percent Q-o-Q) to Rs. 2,231.7 crore, according to Kotak.
Net Sales are expected to increase by 24.2 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 1,318.9 crore, according to Kotak.
Net Sales are expected to increase by 43.7 percent Y-o-Y (up 15.5 percent Q-o-Q) to Rs. 7,821.5 crore, according to Kotak.
WPI inflation rose sharply to 5.77 percent in June as against 4.43 percent in May, partly led by an unfavourable base effect. The upside to inflation was on the back of "fuel and power" inflation.
There was an improvement in the loss ratio due to better claims management
Positives for the company from the earnings result includes growth revival in rural areas and improving distribution reach. Company’s key challenge comes from the changing hair oil industry dynamics which includes competition from the low cost manufacturers.
Oil prices have declined sharply the past week as the Sino-US trade war intensifies and were hovering below $72 per barrel on Tuesday, not far from their lowest since mid-April.
Net Sales are expected to increase by 21.5 percent Y-o-Y (down 1.1 percent Q-o-Q) to Rs. 3,988.9 crore, according to Kotak.
Net Sales are expected to increase by 13 percent Y-o-Y (up 7 percent Q-o-Q) to Rs. 1,692.1 crore, according to Kotak.
Glenmark disagrees with the findings of the Commission. While there is no material impact of the order, the company will file an appeal before the National Company Law Appellate Tribunal (NCLAT), the drug maker said.
We recommend selling United Spirits for the downside target of Rs 534, keeping stop loss at Rs 600, says Vinay Rajani of HDFC Securities.
TCNS Clothing intends to raise Rs 1,121.98 crore at lower end of price band and Rs 1,125.13 crore at higher end of price band.
We recommend selling Raymond for the downside target of Rs 760, keeping stop loss at Rs 875, says Vinay Rajani of HDFC Securities.
We recommend buying Reliance for the upside target of Rs 1140, keeping stop loss at Rs 1040, says Vinay Rajani of HDFC Securities.
Funds raised through initial public offers (IPOs) were used for business expansion plans, working capital requirements and other general corporate purposes, as per the offer documents.
275 stocks have hit fresh 52-week low including Aban Offshore, ACC, Ambuja Cements, Andhra Bank, Bank of India, DEN Networks, Federal Bank, GIC Housing Finance, HCC, India Cements, Kwality, NBCC, NMDC, PC Jeweller, PTC India and REC among others.
HUL with its high rural exposure (40 percent of sales) and well entrenched distribution network, is amongst the key beneficiaries of further uptick in consumption and related policy announcements, in our view.
Clindamycin is an antibiotic which works by stopping the growth of bacteria. It is used to treat acne and helps to decrease the number of acne lesions, it added.
Media report said insurance behemoth LIC may go for an open offer for the bank after buying 51 percent stake in it.
India is participating with the sub-theme of 'OPPORTUNITY' to showcase its growth story on a global stage, its strength and ample opportunities in space, aviation, defence, IT, pharmacy and biotechnology, etc.