Stocks likely to witness action today: Srei Equipment Finance, S H Kelkar, Thyrocare Technologies, Zensar, CEAT, Emkay Global, and Salora International

Markets may trade in a narrow range; stock-specific action likely

Salora International reports standalone net loss of Rs 0.94 crore in the September 2020 quarter

 Shares of Salora International will remain in focus, as its board of directors will meet on Saturday to consider a proposal to delist the company’s shares from the National Stock Exchange. However, t

Salora International mulls delisting from NSE

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

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