Next Mediaworks Ltd, NxtDigital Ltd, Selan Explorations Technology Ltd and Vibrant Global Capital Ltd are among the other losers in the BSE’s ‘B’ group today, 12 December 2022.

Cerebra Integrated Technologies Ltd leads losers in ‘B’ group

Nxtdigital Consolidated September 2022 Net Sales at Rs 245.22 crore, down 9.4% Y-o-Y

On a consolidated basis, the company reported Rs109.3 crore in Earnings Before Interest, Depreciation, and Taxes (EBIDTA) for the half year ended June 30, 2022, as compared to Rs102.9 crore in the previous fiscal’s similar period.

NXT Digital logs revenue of Rs548.90 crore in H1FY23; stock under pressure

Wipro, HCT Tech, Nxtdigital, and Sterling and Wilson Renewable Energy stocks will be in focus today as they declare the September quarter earnings.

Stock to Watch: TCS, Delta Corp, Infosys, Suzlon, Adani Enterprises

Buzzing stocks: Suzlon, One97 Communications, Info Edge India, Wipro, Infosys, Hindustan Zinc, Natco Pharma, GMR Infra, Olectra Greentech, HFCL, NxtDigital, Hinduja Global, HBL Power, Forbes, Eureka Forbes

Stock that will see action on September 5, 2022

99.99% non-promoter shareholders voted in favour of the Nxtdigital-Hinduja Global merger, according to a statement.

Nxtdigital Shareholders Approve Merger With Hinduja Global

After the merger, NXTDIGITAL’s shareholding pattern will change on issuance of shares to HFL.

Ashok Leyland announces merger of Hinduja Leyland Finance with NXTDIGITAL

Shareholders of Hinduja Leyland Finance will get 23 shares in NxtDigital for every 10 shares held by them in the company.

Ashok Leyland’s Hinduja Leyland Finance To Merge With NxtDigital; Shares Rise

RateGain Travel Technologies (RateGain):RateGain announced today that Air India, the flagship carrier of India owned by India’s largest conglomerate the Tata Group has selected RateGain’s - AirGain product to dynamically adjust prices with

RateGain, Sona Comstar, Bharat Gears, Nxtdigital in focus

The appointed date for the merger is April 01, 2022, subject to approvals; and no cash consideration has been involved in the merger

Ashok Leyland board approves merger of Hinduja Leyland Finance into NXTDIGITAL

Stocks to Watch: ICICI Securities, Axis Capital and Citigroup Global Markets are among the 5 investment bankers selected to manage the sale of the government’s 29.53% residual stake in Hindustan Zinc

Stocks to Watch: Cipla, NTPC, Adani group, SBI Cards, Hind Zinc, Nxtdigital

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs 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

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

NDL Ventures Limited, formerly NXTDIGITAL Limited, is an India-based company. The Company is engaged in the business of dealing in real estate. The Company operates through the Real Estate segment, which consists of real estate activities in the form of property development.