Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Interesting Articles

| More

Kwality Ltd's share tanks 40%

Posted On: 2018-03-28 00:36:51

The share price of Kwality Ltd has been hit due to a selling spree by unknown sources. The stock suddenly plunged during the closing moments on March 27, 2018 with huge pending order for sale in both BSE and NSE. The stock continued its downside on Wednesday, March 28, 2018 as well. The stock is currently locked at 20% lower circuit of Rs. 59.05 in NSE and Rs. 60.35 in BSE.

Kwality Limited - Thandai Flavored MilkThe company also clarified to the stock exchanges in reference to the downfall in the share price of the Company. With reference to the same, this is to say that there is no strategically significant development within the organisation and business. Also in recent there is no such event which is not reported by the Company to the stock exchanges. The Company is committed to deliver sustainable value to its shareholders at all time.

The company also recently launched several new products and increasing its B to C business from existing B to B business. The company also added 'Thandai' to its Flavoured milk bouquet of offerings in February 2018. The procurement prices for milk has also gone down 20% in last few months and the company also said it expects the price to go up by 5% due to approaching summer months.

In BSE, the total traded quantity on March 27, 2018 was 10,63,805 equity shares and the deliverable quantity was 5,65,522 equity shares or 53.16% of the traded quantity. The stock hit an intraday high of Rs. 84.2 and intraday low of 65.75. The net turnover during the day was Rs. 86478849.

In NSE, the total traded quantity on March 27, 2018 was 33,54,322 equity shares and the deliverable quantity was 19,63,769 equity shares or 58.54% of the traded quantity. The stock hit an intraday high of Rs. 84.15 and intraday low of 65.7. The total turnover during the day was Rs. 264023542.8.

Today, the total traded quantity in NSE at 12:56 PM was 2168671 shares and 2666012 shares pending for sale at NSE.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Globe Capital Market Limited dumps 2 million shares of DHFL

Promoter entity buys shares of UPL Limited through market purchase

PTL Enterprises Limited acquires 2,25,000 shares of Apollo Tyres Ltd

Promoters of Orient Bell Ltd buy shares through market purchase

Pramod Maheshwari buys 7481 shares of Career Point Ltd on Sep 13, 2018

Director, KMP sell shares of KEI Industries Ltd

Institutions using spike in Balrampur Chini Mills to exit

Federal Bank MD and CEO's shares sold in market due to margin call

Malabar India Fund Limited raises stake in Newgen Software Technologies Ltd to 6.24%

Birla Mutual Fund acquires 3.25% in IG Petrochemicals Ltd

Pabrai Investment Funds increases stake in CARE Ratings Ltd to 7.5097%

HDFC Asset Management Company Ltd shares to list on Aug 6, 2018

Promoter buys shares of GTPL Hathway Ltd through open market purchase

Ashok Jaipuria increases stake in Cosmo Films Ltd to 2.56%

Jindal Pipes Limited buys shares of Jindal Drilling & Industries Ltd through market purchase

Sudha Apparels Limited increases stake in Maharashtra Seamless Ltd to 1.04%

A J Tolls Pvt Ltd buys MEP Infrastructure Developers Ltd's share through market purchase

Sadbhav Engineering Ltd increases stake in subsidiary to 69.02%

Anoop Moopen increases stake in Aster DM Healthcare Ltd to 0.17%

DSP BlackRock Small Cap Fund pares exposure to Indoco Remedies Ltd

Sachit Jain increases stake in Vardhman Special Steels Ltd to 0.13%

D-Link India Ltd's Director purchases 10,000 shares

Shashi Kiran Shetty acquires 20,48,058 equity shares of Allcargo Logistics Ltd

Relatives of Menon Bearings Ltd's promoters acquire 14,500 shares

Promoters of DCM Shriram Industries Ltd buys shares through market purchase

Promoter Group acquires 1500 shares of Suditi Industries through market purchase

Insider buys 2500 shares of Sunflag Iron & Steel Company Ltd

Goldman Sachs India Fund Ltd buys 279041 equity shares of Fine Organic Industries Ltd

Vintex Tools Pvt Ltd increases stake in Shakti Pumps India Ltd

Promoter buys 4,00,200 shares of Jain Irrigation Systems Ltd

Insider buys reported in SKM Egg Products, TCFC Finance, GMR Infra, Arcotech Ltd, Alkem Labs, Dhunseri Tea

Dr. Satyanarayana Chava acquires 305272 equity shares of Laurus Labs Ltd

Instant Holdings Ltd buys 45,434 shares of KEC International Ltd

Promoters of Century Plyboards India Ltd buy shares through market purchase

Lumax Finance Pvt Ltd acquires 2005 shares of Lumax Industries Ltd

Pradip Kumar Daga HUF increases holding in Deepak Spinners Ltd to 97334 shares

Cosmo Films Ltd's promoter buys 18,000 shares through market purchase

Aayojan Resources (P) Ltd buys shares of ATUL Ltd

IDFC Financial Holding Company Limited increases stake in IDFC Bank Ltd to 54.30%

Ranjan Jain increases stake in Syschem India Ltd to 18.72%

Plastiblends India Ltd's promoter increases stake in company

Promoter Group increases stake in Jyoti Resins & Adhesives Ltd through market purchases

Pradip Kumar Daga HUF increases stake to 1.17% in Deepak Spinners Ltd

BG Advisory Services LLP raises stake in Centrum Capital Ltd to 0.47%

Shri Saurabh Bangur increases stake in West Coast Paper Mills Ltd to 2.36%

Jalgaon Investments Pvt Ltd buys 2 lakh shares in Jain Irrigation Systems Ltd

Pramod Maheshwari acquires 10323 shares in Career Point Ltd

Vatsal P Shah buys 1 lakh shares of Man Infraconstruction Ltd

Trident Corp Limited increases stake in Trident Ltd to 0.30%

G Vamsi Krishna buys shares of Visaka Industries Ltd

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018