Prakash Industries Q2FY22 net profit zooms 371 per cent on YOY basis
Prakash Industries Q2FY22 net profit zooms 371 per cent on YOY basis

Prakash Industries Q2FY22 net profit zooms 371 per cent on YOY basis

The company plans to further enhance the production capacity in the following quarters which shall also contribute significantly to the margins of the company.

Armaan Madhani Article rating: 3.7

Prakash Industries achieved net sales of Rs 894 crore and EBITDA of Rs 101 crore, reflecting growth of 17 per cent and 55 per cent respectively over the corresponding quarter of the last financial year.

Best performing Index Funds and ETFs
Best performing Index Funds and ETFs

Best performing Index Funds and ETFs

Siddhi Sharma Article rating: 4.5

Index funds and Exchanged Traded Funds are passively managed funds, unlike other mutual fund schemes that are actively managed. 

Stock watch: Is RBL Bank all set for a trend reversal?
Stock watch: Is RBL Bank all set for a trend reversal?

Stock watch: Is RBL Bank all set for a trend reversal?

RBL Bank on a verge for a trend reversal?

Henil Shah Article rating: 4.2

Since May 2019, RBL Bank has been on a declining path. But after almost a year, it showed some signs of a trend reversal. Let’s find out.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The 52-week high refers to the highest market price of a given security over a 52-week (one year) period.

Avalokita Pandey Article rating: 3.8

Here’s a list of the stocks that are close to their 52-week high.

Five stocks witnessing short covering
Five stocks witnessing short covering

Five stocks witnessing short covering

Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.

Avalokita Pandey Article rating: 3.5

List of the stocks where sell positions are being covered in the F&O segment.

Five stocks witnessing long unwinding
Five stocks witnessing long unwinding

Five stocks witnessing long unwinding

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.

Avalokita Pandey Article rating: 5.0

Following are the stocks where profit booking is seen taking place in the F&O segment.

TVS Motor Company partners with Bahwan International Group to strengthen presence in Iraq
TVS Motor Company partners with Bahwan International Group to strengthen presence in Iraq

TVS Motor Company partners with Bahwan International Group to strengthen presence in Iraq

Bahwan International Group (ARATA International FZC) and their channel partners plan to operate more than 30 dealerships for TVS Motor Company.

Armaan Madhani Article rating: 5.0

As per the tri-party deal arrangement, ARATA International FZC will be the new distributor. Building on this partnership, the groups will also explore other avenues of cooperation in Oman and India.

Acrysil starts production of additional units of quartz kitchen sinks
Acrysil starts production of additional units of quartz kitchen sinks

Acrysil starts production of additional units of quartz kitchen sinks

The expansion in production capacity is to meet the growing demand for quartz kitchen sinks in the global market.

Armaan Madhani Article rating: 3.7

Acrysil, the largest manufacturer of quartz kitchen sinks in Asia has announced that their capacity expansion of additional 140,000 units at their Bhavnagar plant in Gujarat has been completed. The manufacturing capacity of quartz kitchen sinks has jumped from 700,000 units to 840,000 units per annum.

Coforge tumbles 6 per cent after Q2FY22 result misses street estimates
Coforge tumbles 6 per cent after Q2FY22 result misses street estimates

Coforge tumbles 6 per cent after Q2FY22 result misses street estimates

The board has recommended an interim dividend of Rs 13 per share, and the record date for this payout will be November 8, 2021.

Armaan Madhani Article rating: 4.4

India’s leading global IT solutions organization recently announced its financial results for the quarter ended September 30, 2021. The company reported strong growth in revenue, significant expansion in EBITDA margin and has continued increase in its billable headcount. Deal flow has been robust with three large deals secured.

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