Deccan Gold Mines Ltd, Brightcom Group, Naukri Internet Services, SoftTech Engineers, Hikal Ltd, SJVN Ltd, Lupin, Power Finance Corp, Aurobindo Pharma, Biocon, Arunachal Pradesh, Aarti Drugs, Trident, GNA Axles, Jaykay Enterprises, Equipp Social Impact Tech & SenecaGlobal form JV, & Results Calendar…

Stocks that will see action: July 24, 2024

Deccan Gold Mines Ltd plans to infuse ₹60 crore of equity capital into Geomysore Services India Pvt Ltd for its Jonnagiri Gold Mining Project in Andhra Pradesh. The company aims to expand its operations globally and has witnessed a strong stock rally in 2023. The funds will be used for land acquisit…

Deccan Gold, Thiriveni Earth Movers to infuse ₹60 crore into Geomysore by August

India’s Deccan Gold Mines Ltd. has rallied to its highest share price since 2008 after it went on a global buying spree following a struggle to mine locally.

Deccan Gold Mines Soars To 15-Year High After Asset-Buying Spree

Deccan Gold Mines said that for further strengthening its technical capabilities, it has entered into strategic alliance agreements for setting up of processing plant and execution of mineral exploration and drilling work for its gold projects.

Deccan Gold Mines inks alliance agreements for its gold projects with AKC, Kartikay

Ajanta Pharma: The drug maker’s board will consider a share buyback on 10 March 2023.

Stocks in focus: Ajanta Pharma, Zydus Lifesciences, HAL, L&T, Deccan Gold Mines

Board of Deccan Gold Mines to consider preferential allotment of shares and CCDs

Buzzing stocks: Reliance Ind, Sintex Ind, Jindal Steel, HDFC, Spandana Sphoorty Financial NBCC (India), Strides Pharma, SMS Pharma, Wockhardrt, Pidilite, Ruchi Soya, Kopran, Dodla Dairy, Deccan Gold Mines, Selan Exploration

Stocks that will see action today

Company has appointed Sundae Capital Advisors Private Limited as Merchant Banker in connection with the proposed Rights Issue.

Deccan Gold Mines board nods ‘Rights Issue’ to raise Rs15cr; Stock gains 1%

Deccan Gold Mines reports consolidated net loss of Rs 0.64 crore in the September 2021 quarter

The company is awaiting the restoration of electricity and movement of material and personnel.

Deccan Health Care temporarily shuts down Pant Nagar plant due to floods in Uttarakhand; Stock recovers early losses

Deccan Gold Mines reports consolidated net loss of Rs 0.76 crore in the March 2021 quarter

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

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

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Deccan Gold Mines Limited is an India-based company, which is engaged in the business of gold exploration and mining. The Company has gold exploration activities in the states of Karnataka and Andhra Pradesh.