Stocks to Watch on Wednesday, June 12, 2024: Public sector bank UBI’s board of directors has approved to raise funds up to Rs 10,000 crore

Top stocks to track today: Union Bank, Brightcom, BL Kashyap, Wipro, Quess

In two separate circulars, the exchanges said Brightcom Group has not complied with Regulation 33 of SEBI’s (Listing Obligations and Disclosure Requirements) norms that deals with submission of financial results for two consecutive quarters, i.e. Sept. 30, 2023 and Dec. 31, 2023.

Brightcom Group’s Trading To Be Halted By BSE And NSE From June 14

Here are the stocks to watch before going into trade today.

Stocks To Watch: Bajaj Finance, TCS, Dabur, Vedanta, Paytm, Brightcom Group, IIFL Finance, Satin Creditcare

Brand and Associates will hold the office till the conclusion of the 25th AGM in 2024.

Brightcom Group Appoints Brand And Associates As New Auditor

The stock lost 84% in the previous 12 days after SEBI barred its chairman and MD, CFO, and 22 others for breach of regulations.

Brightcom Group Shares Locked In 5% Upper Circuit After 12 Days Of Decline

Brightcom: The resignations come after SEBI barred Reddy and Raju from occupying board positions after its investigations found several instances of irregularities regarding accounting as well as mis-statements in the company’s financials.

Brightcom CMD Suresh Reddy, CFO Narayana Raju resign amid SEBI crackdown

Brightcom Group’s shares have fallen about 21 per cent in the past one month

Brightcom Group Announces Leadership Changes, Shares Hit 5% Lower Circuit - News18

Stocks to watch: Shares of firms like Jio Fin, RIL, Vedanta, Brightcom Group, Paytm, ZEE, and others will be in focus on Monday’s trade.

Stocks to Watch: Jio Fin, RIL, Vedanta, Brightcom Group, Paytm, ZEE, and Others - News18

ED said that it has found several violations by the company under the provisions of FEMA and has recovered Rs 3.3 crore in cash and gold jewellery worth Rs 9.3 crore

Brightcom’s troubles mount as ED conducts searches at 5 offices, residences of top officials

The market regulator has found that the company not only committed accounting fraud but also fabricated bank account statements

10 ways Brightcom pulled wool over investors’ eyes in preferential allotment of shares

Brightcom Group share price: Market regulator Sebi, in an interim order, restrained the company’s top executives Suresh Kumar Reddy and Narayan Raju from holding any directorial positions until further notice. Reddy is the promoter-cum-chairman and managing director of Brightcom Group, and Raju is t…

Brightcom Group shares crack 5% after Sebi order; bearish trend may continue, analysts say

Hasn't fared well - amongst the low performers

Performance

Undervalued compared to the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Brightcom Group is a service company engaged in providing digital marketing services, and development of computer software and services