Stocks include Garnet International, Manpasand Beverages, Kitex Garments, MRF, UPL, Bajaj Holdings, Atuo Auto, GMR Infra, Raymond and Ashoka Buildcon
Many retail investors lost their entire savings after investing in 'hot stocks'. While such stocks can be very rewarding, investors should remember the benefits of diversification.
The concept of margin of safety, articulated by the father of value investing Benjamin Graham, has not lost its relevance even after 90 years of being first proposed.
Manpasand Beverages, Indiabulls Real Estate, Dish TV India, are some of the companies where promoters increased their holding but stocks remained underperformer.
The company had posted a net profit of Rs 8.95 crore in the July-September quarter a year ago.
A cheap stock could remain cheap forever if the value is destroyed. Stocks like Gitanjali Gems never recovered from that cheap zone as the business was completely wiped out post the Nirav Modi crisis
Businesses that breach trust and indulge in bad practices are bound to fail. It will only be a matter of time before that happens.
The new facility is located in Varanasi. We propose to focus on manufacturing our existing range of products.
The company at present has six manufacturing plants across the country, of which three are in Vadodara, and one each in Varanasi, Dehradun and Ambala.
Manpasand Beverages has reported a sales total income from operations of Rs 334.64 crore and a net profit of Rs 36.38 crore for the quarter ended Jun-2018
Nomura Group and Parvest Equity India have exit the Vadodara-based fruit juice maker company.
Agrawal regretted that shareholders have to pay the price for their judgement on these companies
Nikhil Kamath, Co-founder, Zerodha, said quality of the auditing firm is something people should pay heed to. “An auditor who resigns at the last minute, especially without reason, should definitely be penalised.”
BOB Capital Markets has been hired as the investment banker to manage the stake sale and the bank has already started the bidding process for selling stake in the AMC.
Manpasand Beverages’ Rs 400-crore IPO in 2015 witnessed the demand for 1.4 times the number of shares on sale
The stock has been on a downtrend for the seventh consecutive sessions and has cracked as much as 49.87 percent since May 22.
The value of a mutual fund scheme of Motilal Oswal Mutual Fund has been eroding after Manpasand Beverages scrip plunged 20 percent for two consecutive days
"Traders can accumulate the stock in a range of Rs 440-450 levels for the target of Rs 500 and a stop loss below Rs 405," says Shitij Gandhi of SMC Global Securities.
Rajesh Agarwal of AUM Capital recommends buying Havells India, Tata Motors and State Bank of India.
Net Sales are expected to increase by 39.4 percent Y-o-Y (up 160.4 percent Q-o-Q) to Rs. 372.6 crore, according to Prabhudas Lilladher.
Government’s impetus on developing food processing infrastructure can benefit firms in the long run.
Under the partnership, Manpasand Beverages will have access to Parle's 4.5 million outlets across India for its flagship brand 'Mango Sip' juice, Manpasand Beverages said in a statement.
Broadly speaking, Nifty is likely to consolidate in a range of 9950 - 9685 levels and only either way breakout or breakdown will dictate the near-term trend, suggest experts.