Gandhar Oil Refinery files DRHP to raise funds via IPO
The net proceeds from fresh issuance worth Rs 357 crore will be used towards financing the repayment/pre-payment of a loan facility, purchase of equipment and civil work, expansion in capacity of automotive oil, petroleum jelly, white oils by installing blending tanks, funding working capital requirements and general corporate purposes.
Corporate Radar: Coal India, P&G Health to go ex-dividend; Modis Navnirman stock split & more
Shares of Modis Navnirman will trade ex-bonus in the ratio of 3:1. Shares of Destiny Logistics will trade ex-rights for the rights issue of 1 share for every 1 share held offered at the rate of Rs 10. Rajesh Exports, Milton Industries, Nintec Systems and AVG Logistics are among the companies that will reveal their Q2 results today.
Corporate Radar: Power Grid to go ex-dividend; Arfin India stock split & more
Shares of Arfin India will trade ex-split in the ratio of 1:10. The companys shares will be sub-divided from a face value of Rs 10 to Re 1. Also, shares of Compuage Solutions will go ex-rights for the rights issue of eight shares for every 25 shares held offered at the rate of Rs 20 per share.
Breakout in Amrutanjan Health Care... for NSE:AMRUTANJAN by MandeepSinghKohli
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Demand for Ayurvedic stress busters surges amid second wave of Covid-19
As per data from leading companies such as Emami, Amrutanjan Health Care, Himalaya Drug Company and Dabur, sales of balms, anti-stress products and herbs such as Ashwagandha grew 50-80% yearon-year in the past three months, clocking their highest ever revenue in most cases.
Ahead of Market: 12 things that will decide stock action on Friday
Nifty slipped 1 per cent on Wednesday, and in the process, formed a Bearish Belt Hold pattern on the daily chart. Analysts said the 50-pack is facing a stiff hurdle on the higher side, especially in the 14,900-15,000 zone.
Drop airlines! Here are top 10 stocks based on Warren Buffett's investment methodology
Warren Buffett once again showed investors as to how one can cut losses and preserve cash. The investing phenomenon is dynamic in nature and usually changes over a period of time based on the prevailing trend.