Tag: gitanjali

Categories
Observations

Board Proposes,Promoter Disposes

The company (Gitanjali Gems), however, is trying to hold on to whatever cash it has. Recently, its board agreed on a dividend but the promoters later opposed it, defeating the resolution by voting against it.

Exchange filings show at least some institutional shareholders were not in support of the move against the dividend but Gitanjali maintains it still has the backing of its institutional shareholders.

“It is incorrect to say institutional shareholders opposed it. At the moment, in the current scenario, money in the company is more necessary than money moving out,” said promoter Mehul Choksi.-from BS

Categories
5Stocks

5 Stocks that fell by 30% in the first half of July 2013

This post is in continuation of my 5 stocks series (see here)

5 Stocks that fell by 30% in the first half of July 2013 are listed below:

Symbol Close on 28 June 2013 Close on 12 July 2013 Loss
EDL 62.4 36.8 -41.03%
GITANJALI 233.9 140.2 -40.06%
MMTC 102.05 61.25 -39.98%
SPYL 4.6 3.25 -29.35%
INNOIND 72.55 52.15 -28.12%
Categories
5Stocks

5 Stocks that fell by 20% in the first week of July 2013

This post is in continuation of my 5 Stocks Series (see here).

The table below shows 5 stocks that fell by around 20% in the first week of July 2013

Symbol Close on 28 June 2013 Close on 05 July 2013 Loss
EDL 62.4 40.2 -35.58%
GITANJALI 233.9 181.1 -22.57%
MMTC 102.05 79.05 -22.54%
PNBGILTS 23.9 18.8 -21.34%
SANGAMIND 41.2 33.1 -19.66%
Categories
5Stocks

5 Stocks that fell by more than 40% in June 2013

This post is in continuation of my 5 Stocks Series (see here)

5 Stocks that fell by more than 40% in June 2013 are given in the table below:

Symbol Close on 31 May,2013 Close on 28 June,2013 Loss
GITANJALI 576.1 233.9 -59.40%
ZYLOG 45.3 18.5 -59.16%
MMTC 217.25 102.05 -53.03%
STCINDIA 165.05 89.55 -45.74%
TULIP 12.85 7.25 -43.58%
Categories
5Stocks

5 A Group Stocks hitting 52 Week Highs

This post is in continuation of my 5 Stocks Series (see here)

5 A Group Stocks hitting new 52 Week Highs are given below:

Symbol High on 23 April,2013
Gitanjali 649.5
GodrejCP 857.7
ITC 318
MRF 13920.05
SunPharma 953.45