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Top Gainers & Losers on June 1: PTC Industries, NMDC Steel, Saregama India, Welspun Living, among top gainers - Mint
Top Gainers & Losers on June 1: PTC Industries, NMDC Steel, Saregama India, Welspun Living, among top gainersMint
Vardhman Textiles, Gokaldas Exports to KPR Mill: Textile stocks jump over 6% after cotton import duty exemption
Vardhman Textiles share price jumped over 6%, followed by Pearl Global Industries, Raymond Lifestyle and Trident shares rallying over 5%. Gokaldas Exports, KPR Mill and Welspun Living shares gained over 4% each, while Alok Industries share price surged over 3%.
Here's why Gokaldas Exports, Welspun Living and other textile stocks are in focus on Monday
The government announced on Saturday that the existing 11% import duty on cotton will remain suspended until October 30.
Buyback Alert: Record Date Out For Welspun Living's Rs 252-Crore Issue; Check Details
The buyback price for Welspun Living has been set at Rs 175 per share, with a total of 1.44 crore shares.
Rs 420 crore share buybacks: Welspun Living, CMS Info Systems turn ex-record date today. Tracking any?
Welspun Living and CMS Info Systems shares will trade ex-record date for their buybacks totaling Rs 420 crore. Investors await details on entitlement ratios and offer windows. Welspun Living plans to repurchase shares at Rs 175, while CMS Info Systems will buy back at Rs 340 per share.
Welspun Living consolidated net profit declines 21.33% in the March 2026 quarter
Sales decline 7.95% to Rs 2435.43 crore
Buyback Alert: Textile player announces third share repurchase plan in four years; Details here
Welspun Living reported a weak set of earnings for the fourth quarter across all parameters. Yet, the stock has surged on the buyback announcement.
Buyback alert! Welspun Living announces Rs 252-crore share buyback at 30% premium. Check details
Welspun Living announced a Rs 252 crore share buyback through the tender route at a 30% premium to the previous closing price, boosting investor sentiment despite weak Q4FY26 earnings. The company reported declines in profit, revenue and EBITDA during the March quarter, while the stock gained following the buyback announcement.
Stocks to buy under ₹200: Mehul Kothari of Anand Rathi recommends three shares to buy or sell
Stocks to buy under ₹200: Mehul Kothari recommends three shares to buy or sell — Central Bank of India, Shree Renuka Sugars, and Welspun Living
Lloyds Metals & Energy among 5 stocks showing bullish RSI upswing
Five Nifty500 stocks, including Lloyds Metals & Energy and Welspun Living, signalled bullish momentum on December 10 with RSI crossing above 50. The RSI Trending Up scan highlights strengthening price trends, indicating potential upside and helping traders identify short-term buying opportunities based on improving technical indicators.