logo
The Baseline
06 Oct 2020
Five Interesting Stocks Today
  1. Hatsun Agro Products: This dairy company’s board has accepted the resignation of its managing director R.G. Chandramogan. He will step down on 19 October following the company’s board meeting. The company’s stock has been rising over the past few months and is only 3% off its 52-week high and 6% off its lifetime high.

  2. Resonance Specialities: This chemical manufacturing company’s promoter group has been increasingly disposing off its holdings. Since the beginning of the month over 65.3 lakh shares have been sold, worth Rs. 27.9 crores.

  3. IPCA Laboratories: This pharmaceutical company is exceeding broker expectations but could be due for a pullback. With 20 reports in the past year, of which 18 have a ‘Buy’ rating from brokerages like Sharekhan, Motilal Oswal, and ICICI Securities the average broker target is a downside of 12.8% against its current price.

  4. Meghmani Organics: This chemical manufacturing company has seen its current day’s delivery volume (40.8%) higher than its weekly average delivery (30.3%), its monthly average delivery (32.2%), and its 6-month average delivery (31.5%). Is share price increased by 132% in the past 6 months.

  5. Glenmark Pharma: HSBC Global Asset Management bought 204,615 shares in this pharma company via a market purchase.

More from The Baseline
More from Ruchir Sankhla
Recommended