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Stock under Rs 50: This textile stock jumps nearly 38 per cent in last three days, watch out!
Stock under Rs 50: This textile stock jumps nearly 38 per cent in last three days, watch out!

Stock under Rs 50: This textile stock jumps nearly 38 per cent in last three days, watch out!

Going forward, company also aims substantial debt reduction, de-leverage balance sheet while adopting asset-light business model for future expansion.  

DSIJ Intelligence-3 Article rating: 3.9

The company has improved on operational margins and was able to reduce the loss from Rs. 20.35 crore in Q2FY23 to Rs. 5.54 crore in Q3FY23. EBITDA for Q3FY23 was reported at Rs.75.83 crore – higher by 95.7 per cent Q-o-Q from Rs. 38.75 crore reported for Q2FY23.

Stocks below Rs 100: Only buyers seen in these scrips on August 24
Stocks below Rs 100: Only buyers seen in these scrips on August 24

Stocks below Rs 100: Only buyers seen in these scrips on August 24

The stocks of telecom, energy, realty & private banks were seen gaining on the bourses whereas the IT, auto, and consumer durable stocks were seen trading with losses.    

DSIJ Intelligence Article rating: 3.7

 At 11 am on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally lower as the US market continues to bleed for the third consecutive day.  

Stocks to watch: These smallcap stocks will be in focus tomorrow!
Stocks to watch: These smallcap stocks will be in focus tomorrow!

Stocks to watch: These smallcap stocks will be in focus tomorrow!

Deep Industries, Aarvi Encon, Himadri Speciality Chemical, Usha Martin, Creative Newtech, K.P.I. Global Infrastructure, Automotive Axles, Chemfab Alkalis and Shyam Century Ferrous made a fresh 52-week high today.

DSIJ Intelligence Article rating: 4.7

On Wednesday, domestic equity markets ended on a strong note on account of improving global cues.

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