Stocks to Watch, 03 October: Stocks like V-Mart Retail, Maruti Suzuki India, Hero MotoCorp, TVS Motor Company, Sammaan Capital, TBO Tek, Tata Power Company, Nuvama Wealth Management, KRBL, John Cockerill India, Hyundai Motor India, and RBL Bank will be in focus on October 03.
Investors had dumped KRBL shares, sinking it by nearly 10 percent following the statements of the independent director. The management, in its subsequent clarification, has tried to assure by stating that systems and processes 'commensurate with the size of the Company’s operations' are in place.
One of the independent directors of KRBL has resigned citing concerns around governance of the board, and stated on record that 'dissent is suppressed or sidelined', leading to his exit. The shares have sold off sharply in the session, down over 8 percent.
KRBL share price: The rice miller posted stellar Q1FY26 results, with net profit soaring 74 percent year-on-year and exports jumping 98 percent, fuelled by rising demand in private label sales
Stocks to Watch, 8 August: Stocks like Titan Company, Bharti Airtel, Biocon, Cummins India, BSE, Life Insurance Corporation, KRBL, Metropolis Healthcare, Kalpataru Projects International, Godrej Consumer Products, Kalyan Jewellers, and CE Info Systems will be in focus on August 8.
While each of these microcap stocks carries inherent risks, the current technical setup supported by the Heikin Ashi Multi-Time Frame alignment signals a potential for bullish breakouts.
Stocks to Watch, 19 May: Stocks like Zen Technologies, Arvind Fashions, Galaxy Surfactants, KRBL, Kalpataru Projects International, IOL Chemicals, Repco Home Finance, CreditAccess Grameen, Dhampur Sugar Mills, Gujarat Alkalies, Kaynes Technology India, Texmaco Rail & Engineering, Sterlite Technologies, and Dr Reddy's Laboratories will be in focus on May 19.
The consolidation is likely to continue until the benchmark indices decisively break the tight range of the past four days on either side. Below are some trading ideas for the near term.
By cutting export duties, India's export prices are expected to drop, boosting shipments and thereby revenues for rice exporters like LT Foods and KRBL.
The international price of variants of Basmati had been falling between 15-25 percent in the recent, past due to fewer orders. For FY24, the export of Basmati rice fell by 10 percent to 4.10 million tonne.
The central government may review restrictions placed on exports of certain varieties of rice in September
Nifty still has some upside potential to move towards 22,200-22,400, but this could be the final stage of the rally, after which we could see strong profit-taking in the market.