Board of Sanghvi Brands reviews business operations and growth strategies

Buzzing stocks: JK Cement, Hatsun Agro, Dilip Buildcon, Emami, Nazara Tech, Ultramine Pigment, Info Edge, Promax Power, 3i Infoech, Balkrishna Ind, Kennametal, Sanghvi Brands, Medinova, PIL Italica,

Stocks that will see action today (March 7)

Bail will continue to serve in his current position as CEO and Key Managerial Personnel of the company until February 28, 2021.

Rajesh Srinivas Bail resigns as Sanghvi Brands CEO; stock climbs 5%

Tata Consultancy Services, Bharat Rasayan, JMT Auto, SE Power, Uttam Sugar Mills, UFO Moviez India, Indo Rama Synthetics, Rane Holdings, are also among the stocks in focus today.

Stocks In The News | NHPC, Biocon, Tata Power, IDFC, Sanghvi Brands, AGC Networks

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-Sanghvi Brands Ltd - Rajesh Srinivas Bail Resigned As CEO - Investing.com India

Hasn't fared 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

Sanghvi Brands operates spas, salons and gyms. It has a portfolio of international lifestyle wellness brands. The Company has franchise for brands, such as Spa L'Occitane, Warren Tricomi Salons, Holyfield Gyms, Ramona Braganza etc