These 4 multibaggers of 2021 turned investors poorer in 2022
Tanla Platforms, a stock unspoken off much among the analyst community, became the darling of Dalal Street in 2021 as its value more than doubled. The cloud communications services provider has over the last few years reported higher-than-industry earnings growth.
ETMarkets Trade Talk: Nagpur engineering dropout became crorepati trader after meeting an astrologer
Harshubh Shah became a star trader by looking at the stars: "Financial astrology begins where technical analysis ends. This is one thing that you cannot explain to someone till he or she experiences it or believes in it. It is difficult to digest. I used to think that it was rubbish. In technicals, you cannot predict time but in astro you can."
Adani stocks among biggest, fastest and consistent wealth creators in last 5 years
Adani's flagship Adani Enterprises, which has more than doubled in 2022 itself, has also been India's most consistent performing stock during 2017-22. It has outperformed the BSE Sensex in all the last 5 years and has the highest price CAGR of 97%.
Sensex at record high but smallcap investors are waiting for Secret Santa
So far in the calendar year 2022, Nifty has advanced around 9% while Nifty Smallcap 100 index is down around 11%. Both Nifty Junior50 and Nifty Midcap100 have also underperformed the broader index by delivering 4% and 6%, respectively on a year-to-date (YTD) basis.
Old economy stocks outperform D-St benchmarks with up to 20% returns in Sept quarter
With balance sheets of corporates being strong, combined with utilisation levels inching towards optimum levels, the capex cycle revival is expected to lead to a strong boost in orders for industrial and capital goods companies. This combined with China plus one strategy and Europe plus one story emerging, the narrative of India transitioning towards upping its manufacturing presence on a global level only strengthens, said Nitasha Shankar, PRS – Head Research, Yes Securities.
The resultant equity shares to be bought back at the Buyback Offer Price are 14,16,666 Equity Shares, representing 1.04 per cent, of the total Equity shares in the existing total paid-up equity share capital of the Company as well as the total paid-up equity share capital of the Company as on March 31, 2022.
Tanla Platforms rises 5% as board to consider share buyback
The Board of Directors of the company will consider a proposal for buyback of equity shares of the company including matters related/incidental thereto, at its meeting which is scheduled to be held on Thursday, September 8, 2022,” Tanla Platforms said in a BSE filing.
This multibagger zoomed over 10,000% in 10 years! Why brokerages see up to 100% further upside
The stock crashed 20 per cent for straight two sessions after the company posted a massive 81 per cent year-on-year (YoY) fall in consolidated net profit to Rs 100.4 crore in the June 2022 quarter. It had registered a net profit of Rs 539.2 crore in the corresponding period last fiscal.
Big Movers on D-St: What should investors do with Vinati Organics, Zomato and Tanla Platforms?
Stocks that were in focus include Vinati Organics which rose over 3 per cent to hit a fresh 52-week high, Zomato plunged more than 12 per cent to another life low and Tanla Platforms was locked in the lower circuit of 20 per cent.
Tanla Platforms nosedives 20% after poor Q1 results
Total revenue from operations decreased to Rs 800.1 crore for the quarter ended June 2022 as against Rs 3,206 crore in June 2021, down by 75 per cent YoY.EBITDA for the quarter was lower by 23.1 per cent YoY at Rs 130.7 crore.
#TANLA seen some movements in this counter — the stock was down gap next day 10/06/2022 below ₹1270 — so like #NIFTY50 #TANLA has to come at ₹1270 to fill the gap —- so it makes roughly 27-28% upside— in past most of the indices & stocks have approached the levels in case of u......read more
Indian equity benchmark indices settled 1 percent lower for the week ended July 15 amid volatility, weak GDP data and rising global inflation, which fueled the fears of a further rate hike by central banks across the world......read more