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Shalimar Paints Q1 net loss widens to Rs 10.61 crore The company had posted a net loss of Rs 5.35 crore in April-June quarter a year ago, Shalimar Paints said in a regulatory filing.
Shalimar Paints Q1 results: Net loss widens to Rs 11 crore Its revenue from operations declined 47.70 per cent to Rs 44.48 crore during the quarter under review as against Rs 85.06 crore in the year-ago period.
Paint stocks see solid rebound, but can they paint the town red? Stocks of Asian Paints and Berger Paints havent logged big gains on a year-to-date basis; they have simply gyrated back to their pre-Covid levels, and continued to be consistent performers and wealth creators.
Porinju Veliyath's Equity Intelligence cuts stake in this paint company The company has resumed operations in a phased manner as per directives from the Government of India
Trade Setup for Thursday: Top 15 things to know before Opening Bell The key support level for Nifty is placed at 8,930, followed by 8,793.45. If the index moves up, key resistance levels to watch out for are 9,148.45 and 9,230.35.
Shalimar Paints share price jumps 8% after Porinju Veliyath picks up stake Porinju has acquired 10 lakh shares of the company during the quarter, as per the shareholding pattern available on the exchange.
Trade Setup for Wednesday: Top 14 things to know before Opening Bell Key support level for Nifty is placed at 8,912.43, followed by 8,843.42. If the index starts moving up, key resistance levels to watch out for are 9,047.43 and 9,113.42.
Porinju Veliyath's Equity Intelligence picks up 1.84% stake in Shalimar Paints The stock had rallied 37 percent from lows touched on March 23, but before that it had fallen 56 percent in previous two months due to turmoil following the spread of novel coronavirus or COVID-19.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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