Cash levels are at a one-year high while growth expectations are the weakest since April 2020, the survey showed.
“At the end of the day the market always respects earnings so as soon as the earnings tailwind comes through, investors will start to get interested in the stocks. â€
Among the new buys, Agrawal bought 14,00,083 equity shares or 1.05 per cent stake in Radico Khaitan during July-September period. His stake in the brewery player is worth Rs 156 crore.
The stock quoted a 52-week high price of Rs 1063.75 and a 52-week low of Rs 660.1.
In the spot market, highest purity gold was sold at Rs 47,384 per 10 gram while silver was priced at Rs 63,110 per kg on Monday, according to the Indian Bullion and Jewellers Association.
ACC’s total revenue from operations in July-September increased 5.98 per cent to Rs 3,749 crore from Rs 3,537.31 a year ago, the company said in an exchange filing on Tuesday.
In an exchange filing on Tuesday, the company, which is a subsidiary of ICICI Bank, said that the strong showing in July-September was on account of robust growth across business segments.
Shares of Mastek have soared as much as 275 per cent in the last one year, whereas the gains in 2021 so far have been 170 per cent.
Jubilant FoodWorks reported a 36.6 per cent on-year growth in revenue from operations to Rs 1,100.7 crore for the reported quarter, which was also above the Street’s estimate.
The Relative Strength Index of the stock stood at 52.07 on Wednesday.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.