Good News :
1. Opec+ countries will increase oil production from July.
2. Open offer of Eveready will open today.
3. Ultratech board gives approval for expansion plan of worth Rs12886 crore.
4. GR Infra deal with NHAI for road project.
5. Promotor of Prudent Corporate buys 4.25 lakhs shares from Market.
1. Sunlife insurance sells 1.3 lakhs shares of Arvind.
Chemical, Finance, Pharma and Textile stocks will go upside today.
Kishore kumar Ganta
Equity And Option Trader
Great Eagle Capital
Partial Profit Booking Alert -
Eveready Ind LTP 200/- ROI 29% in Just 7Days
Book 50% Profit Here
Price Alert - Price Volume Trend is Great LTP Rs 167/-
BULK DEAL AS ON 14-07-2020
+ 61.68 LK @ 81.8 Dabur’s promoters acquired
- 51.48 LK @ 81.8 IL AND FS FINANCIAL SERVICES LTD
+ 54.81 LK @ 100 AGNUS HOLDINGS PRIVATE LIMITED
- 54.81 LK @ 100 AGNUS CAPITAL LLP
AksharChem India Limited
- 58 K @ 229.73 UBS PRINCIPAL CAPITAL ASIA LIMITED
Cosmo Films Ltd
+ 1 LK @ 372.81 ANVIL WEALTH MANAGEMENT PRIVATE LIMITED
#EVEREADY #SEQUENT #AKSHARCHEM #COSMOFILMS
Eveready Industries Q1 net profit down 27.5 pc to Rs 21.85 cr
Battery and flashlights maker Eveready Industries India Ltd on Monday reported a decline of 27.48 per cent in its consolidated net profit at Rs 21.85 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 30.13 crore in the April-June period a year ago, Eveready Industries said in a regulatory filing.
Anand Burman appointed chairman of Eveready Industries
The appointment was finalised by the Eveready board in a meeting held in Kolkata on Monday. Mohit Burman and Arjun Lamba, a close associate of the Burmans have been appointed as non-executive directors, he said. A formal announcement is expected soon.
As per a stock exchange filing made on Tuesday, the proposed appointment will be with effect from July 12 subject to approval of the shareholders. The company is likely to appoint the new chairman amongst these three directors in the next board meeting later this month or early next when Eveready announces its April-June quarterly earnings.
3 Burman family nominees, including Anand Burman appointed on Eveready board
The Burman Group, through its entities Puran Associates, VIC Enterprises, MB Finmart, Gyan Enterprises and Chowdry Associates had increased stake in Eveready to 38.37 per cent and became promoters of the Kolkata-based firm.
Dabur's Burman family becomes official promoter of Eveready Industries
The investment firms of the Burman family entities had acquired a 14.55 per cent share of Eveready Industries from the open market in June and now collectively own a majority stake. Prior to this, the family already had acquired a 23.83 per cent stake in Eveready Industries.
Trade Spotlight | What should you do with Talbros Automotive Components, Sobha, Eveready Industries on Friday?
After short term correction, Talbros Automotive Components took support near 200 day SMA (Rs 413) and reversed sharply. Post reversal, in this week so far, it rallied over 15 percent and also formed a long bullish candle on weekly and daily charts.
Burmans acquired 14.3% stake in Eveready Industries via open offer
Confirming the development, Mohit Burman from the Burman promoter family said the open offer has concluded. “Our shareholding has now gone to 38.3%. We are happy with the outcome. We got 14.3% shares in the offer,” he said.
Stocks in the news: Infosys, Paytm, NTPC, Power Grid, BHEL and Sun Pharma
Divis Labs, BEL, SAIL, Zomato, Ramco Cements, Birlasoft, Graphite India, Vaibhav Global, HLE Glasscoat, Rupa and Company, Data Patterns, HG Infra Engineering are among the companies that will announce their Q4 earnings today.
Eveready Industries shareholders approve appointment of Suvamoy Saha as MD
Suvamoy Saha, erswhile Joint Managing Director of the company, was asked to assume the responsibilities as interim Managing Director after the resignations of former non-executive Chairman Aditya Khaitan and erstwhile Managing Director Amritanshu Khaitan on March 3, following an open offer from the Burman group for a controlling stake in the company.