DSIJ Mindshare

Turnaround stocks below Rs 50: Top 5 stocks to keep on your watchlist!

They had compiled a list of the top five turnaround stocks below Rs 50 to keep on everyone's watchlist:

Karan Dsij 2 20149 Article rating: 4.2

Shahrukh raised an eyebrow. "Turnaround stocks? Sounds intriguing, but do they really work? I've always been skeptical about such things."

Kajol grinned, pulling out her tablet and showing him some quotes from famed investors:

Sugar sector multibaggers have skyrocketed up to 252 per cent so far this year; do you own any of these stocks?

According to the 48th GST Council Meeting, the government announced that the goods and services tax (GST) on sugar will be reduced from 18 per cent to 5 per cent.

Kiran Shroff 0 1315 Article rating: 4.4

The government announced that the goods and services tax (GST) on sugar will be reduced from 18 per cent to 5 per cent and will also increase the sugar export quota for the financial year 2022-2023.

NSE revises daily circuit limit for 131 stocks, new circuit limit applicable from December 07!

Total nine stocks have seen their circuit limit being revised downwards, out of which six stocks have seen their circuit limit being revised downward from 10 per cent to 5 per cent

Karan Dsij 0 6849 Article rating: 3.8

65 stocks have seen their circuit limit being revised from existing 10 per cent to 20 per cent including Bank of India, Rajratan Global Wire, Mangalore Chemicals & Fertilizers, Delhivery. 

These stocks have higher promoter pledge of as much as 100 per cent; stay cautious!

Here is the list of stocks where promoters pledged percentage is quite high

Karan Dsij 1 5495 Article rating: 4.2

The amount of risk that companies run by pledging shares are different for small and mid-cap companies than it is for large-caps. The betas are far higher in the case of small companies because if the market corrects, the stocks of such companies plummet, resulting in financial institutions selling these shares and putting further pressure on the stocks.  

Overnight Digest: Stocks likely to be in focus on May 25

Dr Reddy’s Labs, Kotak Mahindra Bank, HDFC, Nestle India and HDFC Bank were among the top Nifty gainers, while losers included Divis Labs, Tech Mahindra, Grasim Industries, Hindalco Industries and HUL.

Shreya Chaware 0 757 Article rating: 4.5

Worries over slowing economy and rising interest rates supported by soaring inflation kept on haunting the global market. The benchmark indices ended lower in the volatile session with Nifty slipping below 16,150. 

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