KRBL secures biggest single-day gain! Shares jump 15%
Tue, Sep 13, 2022 5:39 PM

KRBL secures biggest single-day gain! Shares jump 15%

A Flip by Farha
Get it on Google Play
KRBL, a rice processing company witnessed a nearly 15% surge in Tuesday’s trade and secured the biggest single-day gain since May 12, 2022. The stock has jumped 70% in the last 3 months, while it has increased by over 36% in the previous month. The stock also traded above all key DMA levels on Tuesday. KRBL shares traded 14.24% higher at Rs 366.70 over the last day’s closing of Rs 321 a piece.

More great flips

2024 promises to be a non-linear market. Here are key reasons why

2024 promises to be a non-linear market. Here are key reasons why

Sector and stock rotation is happening at a bizarre pace. For some time, institutional investors tried to ignore hyper-rotational activity as just an irrational retail frenzy that would die down; but they seemed to have thrown in the towel and jumped in. Daily institutional turnover has doubled from INR 25,000-30,000 cr to INR 55,000-60,000 cr since Nov 2023.

Open Flip
Want Decades of Passive Income? 2 Stocks to Buy Now and Hold Forever

Want Decades of Passive Income? 2 Stocks to Buy Now and Hold Forever

Dividend investors looking to live off of the income their portfolios generate should favor companies with long and reliable dividend histories. Both Bank of Nova Scotia (NYSE: BNS) and Realty Income (NYSE: O) fit that bill. But right now they are also offering historically attractive dividend yields. That's why you might want to buy now and hold onto these high-yield dividend stocks forever.

Open Flip
Board announces stock split for this sugar stock

Board announces stock split for this sugar stock

Davangere Sugar Company Limited (DSCL), established in 1970, is a Karnataka-based company that manufactures sugar and molasses from sugarcane. They also generate electricity through co-generation and operate a distillery unit. Their production facility in Karnataka has a sugar-crushing capacity of 4750 tons of cane per day (TCD), and their co-generation unit has a capacity of 24.45 megawatts (MW).

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon