Ace investor Madhuri Kela bought 5 lakh shares in Godavari Biorefineries via a block deal at Rs 335.66 apiece. The stock listed at a 12% discount but recovered to close at Rs 342.85. Godavari Biorefineries is one of India's largest ethanol producers.
Net Sales at Rs 621.10 crore in December 2023 up 2.66% from Rs. 605.00 crore in December 2022.
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Sangam Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 6,211 million compared to INR 6,050...
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.
Nagaraj Shetti of HDFC Securities feels the short-term trend of Nifty continues to be down and there is no clear evidence of bottom formation at the lows.