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Ishan Dyes zooms 37% in two trading sessions as Shankar Sharma buys stake

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Ishan Dyes zooms 37% in two trading sessions as Shankar Sharma buys stake

Shares of specialty chemicals maker Ishan Dyes & Chemicals surged nearly 20 percent to a high of Rs 166 in intraday trade on Wednesday after ace investor Shankar Sharma bought a large stake in the company through the open market in the previous session . trade.

Shankar Sharma bought 700,000 shares of Ishan Dyes at an average price of Rs 121.71 per share, representing 4.4% of the share capital, according to BSE block trade data. Similarly, Standard Greases & Specialities bought 100,000 shares at Rs 123 each, the data showed.

After the block trade, the stock surged 37.5% in just two sessions. The stock is trading at an all-time high of Rs 160 as of 10:10 am on Wednesday, up 15.3 per cent at around 1.022 lakh shares on the BSE so far against a two-week daily average of 47.4 million shares. Meanwhile, the BSE Sensex rose 0.8% (480 points) to 58,289.

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According to available data, promoter Piyushbhai Natvarlal Patel sold 2 million shares or a 12.5% ​​stake in Ishan Dyes at an average price of Rs 123.83 per share. The company’s total promoter holdings stood at 58.5% as of the December quarter, including Piyushbhai’s 24.9% stake.
For the quarter ended December 2021, the company reported a 9.1% year-on-year increase in net profit to Rs 5.04 crore compared to Rs 4.62 crore in the same period last year. However, total revenue fell 35.9% year-on-year to Rs 15.86 crore from Rs 24.76 crore in the same period.

On February 3, 2022, the company informed BSE that its factory in Gujarat was fully operational and stabilized and the company expected to start producing good results.

Over the next few years, the company plans to invest around Rs 100 crore in new projects that will also support Atmanirbhar Bharat Abhiyan. The release added that the new projects will accelerate the growth of the company’s revenue and profitability over the next few years.

Complete News Source : Business Standard

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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