News for Cravatex Limited (CRAVATEX.BO)

In the Nifty pack, 37 stocks were trading in the green, while 13 stocks were trading in the red.

Prabhudas Lilladher recommended accumulate rating on Metro Brands with a target price of Rs 1231 in its research report dated October 20, 2023.

PL has set the target price at Rs 1231 and expects sales to grow at 20.1 percent compounded annually over FY23-26.

The footwear retailer has reported a consolidated profit for June quarter at Rs 93.5 crore down by 11.6 percent, impacted by weak operating margin.

On Thursday, the microcap stock hit its upper circuit limit of 20%, before settling at ₹433.25, up ₹17.35% on the BSE.

As many as 1,681 shares advanced, 1,754 shares declined, and 136 shares remained unchanged on June 15.

In October 2022, footwear retail chain Metro Brands had acquired 100 percent shareholding of Cravatex Brands, a subsidiary of Cravatex Limited

Stocks to Watch: Check out the companies making headlines before the opening bell today.

Based on the OI percentage, 51 stocks were on the short-covering list. These included Petronet LNG, Deepak Nitrite, Coforge, Hindustan Petroleum Corporation and Can Fin Homes

D-Link India was down nearly 4 percent to Rs 225. Ace investor Ashish Kacholia has sold further 3.69 lakh equity shares in the networking products manufacturer at an average price of Rs 227.91 per share.

Railway stocks, NTPC, IOC, Tech Mahindra, Induce Remedies, Vedanta, Lemon Tree Hotels, Lupin, Bajaj Finserv, IPCA Lab, Wonderla Holidays and Indo Rama Synthetics

IndiaRetailing looks at some of the retail companies that made their mark on the stock markets

Based on the open interest future percentage, a short build-up is seen in 84 stocks, including Nifty Financial, Crompton Greaves Consumer Electrical, Delta Corp, Alkem Laboratories, and Jubilant Foodworks

The BSE Sensex was trading 130.43 up at 57275.65 on Tuesday.

6 Stocks are turning ex-dividend today. These stocks are Aegis Logistics Ltd., Chemcon Speciality Chemicals Ltd., Hindustan Petroleum Corporation Ltd., Finolex Industries Ltd., Tide Water Oil Ltd., and Sterlite Technologies Ltd.

In the Nifty pack, 47 stocks were trading in the green, while 3 stocks were trading in the red.

In the Nifty pack, 25 stocks closed in the green, while 25 stocks ended in the red.