Mukul Agarwal hikes up stake in this smallcap cement stock in Dec quarter
The investor held 50,95,490 equity shares or 1.97% stake In the company as of Q3. This marks an increase in stake by 0.63% as Agarwal held 1.34% stake in the September quarter.Around 3 pm, the stock traded with gains to the tune of over 2% at Rs 71.75 per share on the NSE. While, on the BSE, it hit the days high of Rs 72.05 apiece.
Sequent Scientific hits 22-month low after weak earnings
The firm reported a net profit of Rs 10.04 crore in the March quarter, down 57.34% from Rs 23.52 crore a year ago. Revenue rose 6% from a year ago to Rs 383.71 crore.
These 21 stocks need to rally up to 200% to revisit 52-week highs!
Tata Teleservices (Maharashtra), Solara Active Pharma Sciences, Vaibhav Global, Sequent Scientific, Jubilant Pharmova and Spandana Sphoorty Financial need to rally 133-183 per cent to revisit their 52-week highs.
Biggest gainers & losers of the day: Apex Frozen zooms; Alankit drops 9%
Vinod Nair, Head of Research at Geojit Financial Services said, "Led by realty, auto, energy and banking stocks, benchmark indices extended its winning streak for the fourth consecutive day despite the fast spread of covid cases. Global sentiments were positive ahead of the release of US inflation data as the Fed Chairs testimony eased worries."
ABAKKUS Sunil Singhania and MADHU KELA have entered Sequent Scientific via the block. It will fly tomorrow, huge volumes + trend reversal seen on daily charts. Keep an eye
*Sequent Scientific – Q2FY22 Concall Update – Nirmal Bang Sec.*
*Outlook – Positive*
*_Q2 was a perfect storm in terms of higher costs, though there is no qualitatively change in the business. The management has taken steps to mitigate cost inflation and to accelerate growth. Q3 ......read more