Share price of Greaves Cotton touched 52-week high of Rs 159.90, rising 9.5 percent in the morning trade on Thursday as company board approved acquisition of majority stake in Ampere Vehicles.
The board has approved the proposal of investment in Ampere Vehicles by acquiring 67 percent in the first phase and further 13 percent in a span of three years.
This acquisition will accelerate the development of clean energy technology solutions for mobility needs of passengers and small businesses, company said in release.
The company to acquire 67 percent stake in Ampere for Rs 77 crore, which to be completed by December 31, 2018, while for another 13 percent stake the company to shell out another Rs 75.5 crore.
related news D-Street Buzz: Nifty FMCG outperforms led by United Spirits; ITC hits new 52-week high, PSU banks drag Tata Chemicals dips 2% after ICICI Prudential reduces its stake by 2% in CoAmpere is one of the leading brands in the last mile mobility electric vehicles segment. It has strong in-house capabilities in designing, developing, manufacturing & marketing electric vehicles with a wide range of applications.
Hot Clean Energy Stocks To Buy For 2019: Cass Information Systems, Inc(CASS)
Advisors' Opinion:- [By Stephan Byrd]
Bessemer Group Inc. bought a new position in shares of Cass Information Systems (NASDAQ:CASS) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,600 shares of the business services provider’s stock, valued at approximately $867,000. Bessemer Group Inc. owned approximately 0.10% of Cass Information Systems as of its most recent filing with the Securities & Exchange Commission.
- [By Logan Wallace]
Press coverage about Cass Information Systems (NASDAQ:CASS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cass Information Systems earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 44.0125451243393 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Hot Clean Energy Stocks To Buy For 2019: RadNet, Inc.(RDNT)
Advisors' Opinion:- [By Ethan Ryder]
RadNet Inc. (NASDAQ:RDNT) reached a new 52-week high during trading on Tuesday . The stock traded as high as $15.65 and last traded at $15.55, with a volume of 15009 shares changing hands. The stock had previously closed at $15.15.
- [By Shane Hupp]
Biocept (NASDAQ: RDNT) and RadNet (NASDAQ:RDNT) are both small-cap medical companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability.
- [By Ethan Ryder]
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
Get RadNet alerts: Edited Transcript of RDNT earnings conference call or presentation 9-Aug-18 2:30pm GMT (finance.yahoo.com) Stocks Favored By Analysts: RadNet, Inc. (NASDAQ:RDNT) & RCI Hospitality Holdings, Inc. (NASDAQ:RICK) (baycityobserver.com) RadNet, Inc. (RDNT) stock closes -0.37% above from its SMA-50 (nasdaqplace.com) $241.29 Million in Sales Expected for RadNet Inc. (RDNT) This Quarter (americanbankingnews.com) Zacks: Analysts Expect RadNet Inc. (RDNT) to Announce $0.15 EPS (americanbankingnews.com)Shares of RDNT traded up $0.20 during trading hours on Friday, hitting $14.10. The stock had a trading volume of 128,336 shares, compared to its average volume of 171,176. The company has a debt-to-equity ratio of 4.49, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $678.40 million, a PE ratio of 48.62, a P/E/G ratio of 5.02 and a beta of 0.32. RadNet has a 1-year low of $9.50 and a 1-year high of $15.50.
Hot Clean Energy Stocks To Buy For 2019: J & J Snack Foods Corp.(JJSF)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on J & J Snack Foods (JJSF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
News articles about J & J Snack Foods (NASDAQ:JJSF) have been trending positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. J & J Snack Foods earned a media sentiment score of 0.35 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.1459784958457 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
- [By Trey Thoelcke]
If Coca-Cola is interested in expanding into snacks to be more like rival PepsiCo Inc. (NASDAQ: PEP), one place to start may be with either J&J Snack Foods Corp. (NASDAQ: JJSF) or TreeHouse Foods Inc. (NYSE: THS). They both have market caps of less than $3 million. J&J products include pretzels, desserts and more, while TreeHouse offers various snacks, baked goods and condiments. Both also have beverage offerings.
- [By Stephan Byrd]
ValuEngine upgraded shares of J & J Snack Foods (NASDAQ:JJSF) from a hold rating to a buy rating in a research note issued to investors on Tuesday.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on J & J Snack Foods (JJSF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on J & J Snack Foods (JJSF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Clean Energy Stocks To Buy For 2019: Shutterfly Inc.(SFLY)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on Shutterfly (SFLY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
American Century Companies Inc. lifted its holdings in shares of Shutterfly, Inc. (NASDAQ:SFLY) by 208.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 324,834 shares of the technology company’s stock after buying an additional 219,679 shares during the quarter. American Century Companies Inc. owned about 0.98% of Shutterfly worth $29,245,000 at the end of the most recent quarter.
- [By Motley Fool Transcribers]
Shutterfly Inc (NASDAQ:SFLY)Q4 2018 Earnings Conference CallFeb. 05, 2019, 5:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Logan Wallace]
Shutterfly, Inc. (NASDAQ:SFLY) SVP Ishantha Lokuge sold 2,514 shares of the stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $72.73, for a total transaction of $182,843.22. Following the sale, the senior vice president now directly owns 2,514 shares in the company, valued at approximately $182,843.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Hot Clean Energy Stocks To Buy For 2019: NVR Inc.(NVR)
Advisors' Opinion:- [By Stephan Byrd]
GSA Capital Partners LLP lessened its holdings in NVR, Inc. (NYSE:NVR) by 12.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 819 shares of the construction company’s stock after selling 119 shares during the period. GSA Capital Partners LLP’s holdings in NVR were worth $2,433,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Tyler Crowe]
It's very common for a stock to drop when it misses earnings estimates, but NVR's (NYSE:NVR) 8% stock drop after it beat earnings expectations is quite a rare case. A strange stock move like this raises a lot of questions about what happened with the quarter and what we can expect.
- [By Tyler Crowe]
For a business that is supposed to be relatively seasonal and cyclical, NVR (NYSE:NVR) has been enjoying an impressive run of growth. Not only did the company deliver impressive top- and bottom-line expansion, but it also showed positive trends on just about every operating metric. If there was one thing to critique, it's how management is dividing up the benefits of these boom times.
- [By JJ Kinahan]
Next week is big for housing numbers. March existing home sales figures are scheduled for Monday and new home sales for March along with the February S&P Case-Shiller Home Price Index on Tuesday. As for homebuilders, Pulte Group, Inc. (NYSE: PHM) is scheduled to report Q1 results Tuesday, and D.R. Horton Inc (NYSE: DHI) is scheduled to report fiscal Q2 numbers on Thursday. The industry already has seen strong Q1 results from Lennar Corporation (NYSE: LEN), and housing starts and building permits in March rose more than expected. These results, as well as those and the economic data from next week could provide clues for the industry going forward. After NVR, Inc. (NYSE: NVR) reports results this morning, Meritage Homes Corp. (NYSE: MTH) releases its Q1 results April 25. We’ll have to wait until next month for some of the other homebuilders, as well as from home improvement companies Home Depot, Inc. (NYSE: HD) and Lowe’s Companies Inc (NYSE: LOW), before we get a more complete snapshot of the housing market.
- [By Stephan Byrd]
NVR, Inc. (NYSE:NVR) Director Susan Williamson Ross purchased 70 shares of the company’s stock in a transaction on Tuesday, May 15th. The stock was purchased at an average price of $2,995.20 per share, for a total transaction of $209,664.00. Following the purchase, the director now directly owns 64,191 shares of the company’s stock, valued at approximately $192,264,883.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
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