Godfrey Phillips India shareholders reject proposal to sell unmanufactured tobacco to Philip Morris Products
As many as 57.94 per cent of the shareholders present at Godfrey Phillips India's annual general meeting on September 1 voted against the "material related party transaction between the company and Philip Morris Products SA".
EIL, Esab among 10 overbought stocks with RSI above 70
ETMarkets has handpicked 10 stocks from this list, offering valuable insights for potential investors to make well-informed decisions. The article emphasizes the significance of understanding RSI and highlights the importance of caution when dealing with overbought stocks.
Bulls and bears at daggers drawn for August series, says Aamar Deo Singh of Angel One
The beginning of the August series has seen profit booking and the unwinding of positions across sectors, causing volatility in the Indian markets. Nifty's YTD gain is 8.51%, and both Nifty and Bank Nifty are showing signs of a pause following overheating concerns. Sectors that may outperform include banking, FMCG, pharma, realty, and auto. However, investors should remain cautious and look to consolidate their gains, particularly with single stocks that have experienced significant price spikes, such as Jyothy Labs, Godfrey Phillips, and REC.
Godfrey Philips shares zoom over 15% after strong Q1 results
Its revenue from operations was up 26.84% to Rs 1,245.39 crore during the quarter under review as against Rs 981.83 crore in the corresponding period of the previous fiscal. Meanwhile, its total expenses were at Rs 1,036.06 crore, up 25.5% YoY in the first quarter of FY 2023-24.
Grease: Rise of the Pink Ladies finds new home on VOD, announces DVD release date after cancellation
While fans were disappointed after the cancelation of Grease: Rise of the Pink Ladies from Paramount+ just after one season, the upcoming DVD release promises to provide an immersive viewing experience.
Stocks on the rise! Adani Green Energy, Marico and 7 others cross 50-day SMA
Several stocks including Gujarat State Fertilizers & Chemicals, Marico, and GAIL (India) showcased significant progress by crossing their 50-day Simple Moving Average (SMA) on July 5, 2023, indicating positive trend reversals. Other standout performers were Godfrey Phillips India, Indraprastha Gas, Triveni Engineering & Industries, NMDC, Deepak Fertilisers & Petrochemicals Corporation, and Adani Green Energy.
Yes Bank, Sun Pharma Advanced Research among 7 stocks that crossed 200 SMA
Sun Pharma Advanced Research Company, Aegis Logistics, and Godfrey Phillips India were among the top performers on July 5, 2023, as their stock prices surpassed the 200-day Simple Moving Average (SMA) mark. Sun Pharma Advanced Research, a pharmaceutical research company, closed at Rs 218.65; Aegis Logistics at Rs 353.05; and Godfrey Phillips.