With Nifty closing below 17,800, Indian equity market weakened after 8 days of rising trend. The Nifty was down 198.05 points or 1.10% at 17,758.45, and the Sensex was down 651.85 points or 1.08% at 59,646.15. At the end of trading, the top 5 gainers were Adani Ports, L&T, Infosys, TCS and Eicher Motors, while the top 5 losers were Reliance Industries Limited, Bajaj Finance, ICICI Bank, HDFC Bank and Bajaj Finserv. Analysts are anticipating that Nifty may cross 18000 level, but instead, investors can keep an eye on the following stocks to get bonus shares during market volatility.
Bharat Gears
“In accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the meeting of the Board of Directors of the Company on 3/22-23 is scheduled to be held on 24,2022 inter alia; to consider the issue of bonus shares by way of capitalization of reserves,” the company said in a regulatory filing today.
Today closed on the shares of Bharat Gears Ltd. 173.50 each, up 0.12% from yesterday’s close 173.30. share price climbed 15.11 on January 1, 1999, to the level it is now, represents a multibagger gain and an all-time high of 1048.25%. The stock is up 47.10% over the past year, and has climbed 19.57% YTD so far in 2022.
pesticide india
The company, in a stock exchange filing, said that “in terms of regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that “in terms of regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this It is informed that a meeting of the Board of Directors of Insecticides (India) Limited will be held on Saturday, the 20th August, 2022 to, inter alia, consider the proposal for issue of bonus shares to the equity shareholders of the company, which subject to approval. of shareholders.”
Insecticides India Limited shares closed today 1,014.00 each, down 0.49% from the previous close 1067.90 per share. share price climbed 75.60 on June 1, 2007, at today’s levels, represents a multibagger return and an all-time high of 1,241.27%. In the last 1 year, the stock has increased by 43.16% and on the basis of YTD, the stock has increased by 41.21% so far in 2022.
Commenting on the market performance, Hemant Kaanawala, Senior Executive Vice President and Head Equity, Kotak Mahindra Life Insurance Company Limited said, “Overall monsoon is progressing well (up 9.5% above normal, cumulatively), East India With some endemic weakness in the U.S. While sowing progress has been relatively weak which could impact crop production, India’s food stocks remain healthy which in turn will help keep food inflation under control. On the other hand, the recent The earnings session ended 2015 witnessed decent sales growth, with some pressure on profitability due to higher energy prices. Due to the recent correction in crude oil prices, margin pressure should ease over the next few quarters. All eyesight going forward Domestic recovery will be on hold. The demand for the upcoming festive season is something that the markets will watch. The festive season demand is expected to pick up as this is the first normal festive season post COVID-19 and strong monsoon in rural areas The boom can be seen.”
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