Allcargo’s strong Q4 show, robust prospects may raise delisting cost

Allcargo’s strong Q4 show, robust prospects may raise delisting cost

According to the delisting laws, the company has one year or till September to submit the final application to the stock exchanges. Synopsis Allcargo had passed a special resolution last October to delist the company where the promoter group holds 70% stake. The delisting floor price was set at Rs 92.6. ET INTELLIGENCE GROUP: Analysts … Read more

Festive season springs hope for shareholders of Avenue Supermarts

Festive season springs hope for shareholders of Avenue Supermarts

The management has said that performance in the coming quarter and demand for the festival will continue to depend on the pandemic situation. Synopsis While a robust liquidity situation and resilient business model will keep the stock’s downside, the upside, too, seems to be capped in the near term given the slow business momentum. ET … Read more