Kotyark Industries announces a wholly-owned subsidiary!
Kotyark Industries announces a wholly-owned subsidiary!

Kotyark Industries announces a wholly-owned subsidiary!

Kotyark Industries Limited on June 21, 2022, announced that its board of directors has approved the incorporation of a wholly-owned subsidiary of the company namely Kotyark Agro Pvt Ltd by way of subscription (WOS) of one lakh shares of Rs 10 each in the paid-up share capital of the proposed company.     

DSIJ Intelligence Article rating: 5.0

Kotyark Industries Limited on June 21, 2022, announced that its board of directors has approved the incorporation of a wholly-owned subsidiary of the company namely Kotyark Agro Pvt Ltd by way of subscription (WOS) of one lakh shares of Rs 10 each in the paid-up share capital of the proposed company. 

Overnight Digest: Stocks likely to be in focus on June 23
Overnight Digest: Stocks likely to be in focus on June 23

Overnight Digest: Stocks likely to be in focus on June 23

All the sectoral indices ended lower with the metal index falling the most up to 5 per cent.

DSIJ Intelligence Article rating: 5.0

After showing some positive signs in the previous trading session, the equity markets once again went into a downward mode as the worried investors took cues from a decline in global markets which affected especially metal, power & realty stocks. 

Is a bullish trend reversal in CRISIL shares afoot?
Is a bullish trend reversal in CRISIL shares afoot?

Is a bullish trend reversal in CRISIL shares afoot?

The stock has climbed over 4 per cent despite adverse conditions on D-Street.

DSIJ Intelligence-3 Article rating: 3.3

Interestingly, despite correcting over 20 per cent from the highs, the stock did not enter into the oversold region on RSI. Recently, it has seen a crossover of a nine-period average thereby, supporting the positive bias.

Indices close near days low; metals, media and realty plunge
Indices close near days low; metals, media and realty plunge

Indices close near days low; metals, media and realty plunge

BPCL, Hero MotoCorp, and Divi’s Labs emerged as the top gainers while UPL, Hindalco & Tata Steel were the top losers.

DSIJ Intelligence Article rating: 5.0

Indices remained under pressure throughout the day while Nifty closed at 15,400. It has slipped 1.52 per cent while Sensex tanked about 710 points.

Stocks below Rs 100: Only buyers seen in these scrips on June 22
Stocks below Rs 100: Only buyers seen in these scrips on June 22

Stocks below Rs 100: Only buyers seen in these scrips on June 22

 At 12.30 pm on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading lower as the global economies all over the world are fighting inflation and trying to subdue the inevitable recession

DSIJ Intelligence Article rating: 4.0

 At 12.30 pm on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading lower as the global economies all over the world are fighting inflation and trying to subdue the inevitable recession

Intraday Spotlight: Jain Irrigation soars 11 per cent; heres why!
Intraday Spotlight: Jain Irrigation soars 11 per cent; heres why!

Intraday Spotlight: Jain Irrigation soars 11 per cent; heres why!

Company plans to merge its international business to reduce debt.

DSIJ Intelligence Article rating: 4.5

Jain Irrigation Systems Ltd (JISL), engaged in the manufacturing of irrigation systems, PVC pipes and allied agriculture products has jumped over 11 per cent today from its previous close of Rs 37.50 as the company announces merger of its international irrigation business with Temasek owned-Rivulis.

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