Should we hold Devyani shares?
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Devyani International: Momentum indicators like MACD and RSI, indicate that the momentum in the stock is likely to continue. We recommend a buy on Devyani above 143 with a target of 175. Investors are advised to maintain a Stop Loss below 110.
Is it smart to invest pre IPO?
The most compelling reason to invest in a pre-IPO is the potential profit. It has the potential to yield the highest possible returns on investment. In the stock market, most technology stocks have a lot of upside potential. Although it is clear that early investors benefit the most before the company goes public.
Should I invest in all IPOS?
You shouldn’t invest in an IPO just because the company is garnering positive attention. Extreme valuations may imply that the risk and reward of the investment is not favorable at the current price levels. Investors should keep in mind a company issuing an IPO lacks a proven track record of operating publicly.
Why allcargo share is falling?
Shares of Allcargo Logistics dropped nearly 4 per cent on Monday after the floor price set for delisting disappointed investors. The company had, on Saturday, announced that its promoters had set the floor price for delisting at Rs 92.58 — 19 per cent lower than Allcargo’s last closing of Rs 114.5 on Monday.
Is Devyani International profitable?
The P&L A/C page of Devyani International Ltd….Profit & Loss – Devyani International Ltd. Rs (in Crores)
| Mar’21 | Mar’20 | |
|---|---|---|
| TOTAL EXPENDITURE | 845.10 | 1028.22 |
| Operating Profit | 153.66 | 199.60 |
| EBITDA | 202.23 | 222.89 |
| Depreciation | 191.47 | 174.58 |
Is all cargo a good company?
Top management and overall company is good but local management is worst.
Delisting is the removal of a listed security from a stock exchange. The delisting of a security can be voluntary or involuntary and usually results when a company ceases operations, declares bankruptcy, merges, does not meet listing requirements, or seeks to become private.
Should I buy exxaro IPO?
“Exxaro Tiles has a better revenue growth track record compared with its peers (over FY18-21). We believe the valuation is reasonable. We recommend a ‘subscribe’ rating on the issue,” it said. For FY21, the company reported a 6 per cent rise in sales at Rs 255 crore.