Wed, Nov 20, 2024 3:06 PM
How derivatives can protect you against uncertainty in a volatile market?
A Flip by Avya Verma
On Tuesday, shares of Australian Premium Solar (India) Limited gained 0.62 per cent to Rs 508.10 per share from its previous closing of Rs 504.95 per share. The stock’s 52-week high is Rs 669.90 per share and its 52-week low is Rs 140 per share. Australian Premium Solar Ltd. is pleased to announce that it has secured new purchase orders totalling Rs 19,05,11,815 from a domestic client company.
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UPL announced on Wednesday, November 20, that it would raise ₹3,377.74 crore through a rights issue of 9,38,25,95 partly paid shares at ₹360 per rights equity share. The company will issue shares in the ratio of 1:8, or one equity share for every eight equity shares held. The record date for this purpose has been fixed as Tuesday, November 26, 2024.
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Delhivery's stock has been on a downward trajectory since August 2022, declining 51.4% from its all-time high. Delhivery reported profitability for the second consecutive quarter, with a profit after tax of ₹10 crore in Q2 FY25 as compared to a net loss of ₹103 crore in Q2 FY24. Following the company's Q2 numbers, domestic brokerage firm Elara Capital retained its 'buy' rating on the stock.
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