Experts are advising trading in the current environment, especially with short term investors being cautious. However, in the meantime, some stocks are in focus due to positive news.
Trending Stocks Today: There is selling pressure in the stock market. The Russia and Ukraine crisis has spoiled the sentiment of the markets around the world. There is continuous weakness in the domestic market and there is a possibility of high volatility going forward. Experts are advising trading in the current environment, especially with short term investors being cautious. However, in the meantime, some stocks are in focus due to positive news. In these, good action can be seen in intraday today. You too can take advantage of the jump in these stocks in today’s trading.
Natco Pharma
Pharma company Natco Pharma has launched its first generic version of Revlimid (Lenalidomide capsules) in the US market. This capsule is available in 5mg, 1Omg, 15mg and 25mg strengths. This medication is used for the treatment of multiple myeloma.
Dodla Dairy
Dairy company Dodla Dairy said that the board has approved the purchase of assets, business and plant and machinery up to Rs 55 crore. The company has also approved funding of up to Rs 40 crore for the subsidiaries of Orgafeed and Dodla Dairy Kenya.
Metro Brands
Metro Brands, which was recently listed in the stock market, has approved an interim dividend of Rs 1.50 per equity share for the financial year 2022. In order to ensure the eligibility of shareholders for payment of dividend, the record date has been fixed as March 19.
Vijaya Diagnostic Center
Investor Karakoram has sold 72,94,115 equity shares in the company through open market transactions at an average price of Rs 425.75 per share. This accounts for 7.1 percent of the total paid up capital. While AL Mehwar Commercial Investments LLC has bought 20,35,857 equity shares of the company, Destinations Int EQ Fund A Series of Brinker Capital Destinations Trust has bought 8,94,610 equity shares. These shares were bought at a price of Rs 425.75 per share.
Sun TV
The board of Sun TV has made an announcement to give an interim dividend of Rs 5 per share to the investors. On Monday, the stock closed around Rs 437 on NSE. Whereas on Friday it closed at Rs 449.
Great Eastern Shipping Company
The company said its subsidiary Greatship (India) has entered into a contract to sell its 2010 built R-class platform supply vessel ‘Greatship Rohini’ for scrapping. Greatship Rohini was damaged due to a fire incident on board in February 2021.
NLC India
NLC India has announced a dividend of Rs 1.50 per equity share for the shareholders for the financial year 2022.
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