Business
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.
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
Lifestyle
10 best activities hacks for the better lifestyle for Business Managers.
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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