When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.
Sensex and Nifty 50 rose nearly 1% on Friday, with positive global cues and broad-based buying across indices. Banking, capital goods, consumer durables, FMCG, and healthcare stocks saw strong upside. Midcap and smallcap stocks touched new all-time highs.
Eluru (Andhra Pradesh) [India], November 1 (ANI/PNN): Eluru based Ambica Agarbathies Aroma & Industries Ltd. (BSE: 532335, NSE: AMBICAAGAR) has announced impressive financial results for Q2FY23. For quarter ended 30 September 2022, the company saw an 8.7% growth in revenues YoY, which rose from Rs. 29.40 Cr (Q2FY22) to Rs 31.95 Cr (Q2FY23). For the corresponding period, Profit After Tax (PAT) doubled from Rs 0.53 Cr (Q2FY22) to Rs. 1.09 Cr (Q2FY23). Founded in 1946, Ambica Agarbathies Aroma & Industries Ltd. manufactures and markets incense products. It operates through the multiple segments - Agarbathi, Hotel and Construction. The Agarbathies segment manufactures incense sticks, including its flagship durbar bathies, incense sticks, herbal bathies, natural incense, and dhoops and cones. The company's Factories are established at Eluru, Hyderabad, Rajam and Adoni in Andhra Pradesh with total built up area of 300,000 sq ft. Ambica Agarbathies is profit making and a dividend
More penny stocks or low-priced stocks have joined the party on Dalal Street on a day when the markets were lush green in colour with all indices in the positive.These stocks have notched gains of close to 20 per cent in a single trading .
More penny stocks or low-priced stocks have joined the party on Dalal Street on a day when the markets were lush green in colour with all indices in the positive.