News for Rupa & Company Limited (RUPA.NS)

Presentation Operator MessageOperator Ladies and gentlemen, good day and welcome to the Q1 FY '24 Earnings Conference Call of Rupa & Company Limited hosted by Orient Capital. [Operator Instructions]... -Today at 03:00 am- MarketScreener

Wednesday saw Nifty and Sensex on a gain. Will Thursday prove to be terrific too? Read what experts say , , stock market today, share prices today, nse nifty, bse sensex, bombay stock exchange, national stock exchange, Opening bell

Fundamentally, the fall in cotton prices – which is a key raw material for textile companies – augurs well for their financials

Anand Rathi in his latest report has given a buy call to the stock of Rupa & Company Ltd for a target price of Rs 500 with the likely return of 47%. It is a company with low debt and has a market capitalization of Rs 2,676 crore. The company witnessed QoQ revenue decline of 52.01%, which is lowest in the last 3 years.

Anand Rathi is bullish on Rupa and Company has recommended buy rating on the stock with a target price of Rs 500 in its research report dated September 01, 2022.

The 30-share pack Sensex declined 236 points or 0.43 per cent to close at 54,052.61. Its broader peer NSE Nifty declined 89.55 points or 0.55 per cent to 16,125.15.

Read more about Rupa & Company tanks 20% after disappointing Q4 performance, CEO's exit on Business Standard. The company's consolidated profit after tax (PAT) declined 25 per cent year on year (YoY) at Rs 49.3 crore, on the back of flat revenues at Rs 455.5 crore over the previous year quarter.

Jash Engineering is in strong bullish momentum and outperforming the broader market. It took support at 50-DMA after a pullback and now it is witnessing a breakout of bullish flag formation to resume its bullish momentum where Rs 780 looks an immediate target.

Tracking weak global sentiment, Indian benchmark indices started the week with deep cuts. The BSE Sensex was down 300 points to 56,740, while the NSE Nifty 50 continued to test the 17,000-mark.

The company will be launching a series of campaigns with the new brand ambassador highlighting the range of Softline's brand offerings available for the customers

The ace investor publicly holds 24 stocks with a net worth of over Rs 2,124 crore

The short term trend of Nifty continues to be choppy with high volatility and the similar movement is expected in the next session, says Nagaraj Shetti of HDFC Securities.

Rajesh Palviya of Axis Securities says traders should trail stop-loss towards 17,800 levels for all long positions with an upside towards 18,200-18,300 levels.

Mazhar Mohammad of Chartviewindia.in said a move towards the 17,590 level is likely if the index sustains above the 17,200 level to retain its positive bias.

Trends on SGX Nifty indicate a flat opening for the index in India with a 5 points gains.

The market hit fresh record high during the session, but continued to see rangebound action with volatility for fourth consecutive day and closed moderately hig...

Rohit Singre, Senior Technical Analyst at LKP Securities, said the Doji candle signalled indecision in the market. "The overall structure will be positive as long as the index holds the said level with an upside hurdle in the 16,320-16,400 zone," he said.

Check out the companies making the biggest headlines before the bell.

Rajesh Palviya of Axis Securities feels any sustainable move above 15,600 levels on the Nifty50 may cause momentum towards 15,700-15,750 levels.