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why radico khaitan is falling

Alternative energy and green-tech stocks in the Biden basket, for instance, have outperformed traditional energy and fossil fuel companies, among the top winners from Trump’s victory, by 84 percentage points since June, data compiled by JPMorgan show.Earlier: Barclays Sees VIX Plunging to Pre-Covid Level in Clear Biden WinFutures on the S&P 500 Index are trading 1% lower following losses in Europe’s Stoxx 600 Index and a dip in the Shanghai Composite Index on the first day Communist Party’s four-day meeting. At 1.51 PM, United Spirits was trading at Rs 642.30, down by 3.76%, while Radico Khaitan fell 3.45% to Rs 389.40, United Breweries fell 2.43% to Rs 1149.90, and GM Breweries fell to Rs 882.55, down by 3.64% on the BSE. The company has announced that the Central Pollution Control Board, New Delhi has made certain observations on zero liquid discharge system of the company's one of the plants to improve the environmental conditions. Delhi Government has imposed a "Special Corona Fee" of 70% tax on Maximum Retail Price (MRP) of the liquor. SAP has a wide range of products, many of which rely on winning and renewing major new deals for databases, as well as accounting, expenses or human resources software. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. The revised rates will come into effect from today afternoon. This article by Simply Wall St is general in nature. The decision to hike excise duty comes after social distancing norms were flouted across the country including the national capital when liquor shops opened on the first day of lockdown 3.0 yesterday. Radico Khaitan share price fell 5.64% to Rs 298.75. Big Bull Rakesh Jhunjhunwala increases stake in Rallis India in March quarter, RIL share price rises over 3% as brokerages remain upbeat on deal with Silver Lake. Thank you for reading. Here’s what to do now. It is very important to do your own analysis before making any investment. It is very important to do your own analysis before making any investment. The Shanghai stock priced at 68.8 yuan ($10.27) apiece and its Hong Kong shares at HK$80 ($10.32) each. Expect COVID-19 and U.S politics to continue to influence in the week. For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 409.15 Crore, down -30.10 % from last quarter Sales of Rs 585.36 Crore and down -34.39 % from last year same quarter Sales of Rs 623.58 Crore Company has reported net profit after tax of Rs 44.07 Crore in latest quarter. ), Face Value United Spirits stock too tumbled 4.49% to Rs 517.The stock has fallen after five days of consecutive gain. We expect RDCK to up-trade at 25x Sep’22E EPS with a more diversified revenue profile and accompanying higher economic profits. The TipRanks database sheds some additional light on three of JMP’s picks – stocks with dividends yielding 7% or better – and that the investment firm sees with 20% upside or better. More recently, San Francisco-based Salesforce said in August that revenue climbed 29% to $5.15 billion in the previous quarter, and raised its revenue projection for the year.SAP’s poor results and weak outlook may suggest that a recovery for vendors of on-premise software -- based on a company’s own network rather than on the internet -- could take longer than anticipated, as clients continue to delay major IT upgrades, analysts at Citi wrote in a note Monday.Oracle, based in Redwood City, California, may be more affected than cloud-based providers since it offers database and financial-planning tools like SAP, and has a large base of customers who buy software for their own server farms. Check out why Radico Khaitan Ltd. share price is falling today. The 5-star analyst pointed out, “The combination of dividends paid during the [second] quarter and the sterling book value gain—the company’s best quarterly gain since the Great Recession of 2008-09 [...] We believe NLY shares should trade at a meaningful premium to peers based on the company’s size, scale, and, now, its internal management structure. rising corporate taxes).”With days left until the election, traders are shrugging off the risk of a contested election -- at least judging by a flattening volatility curve -- corresponding with polls showing a widening lead for Joe Biden over the past month. Many of these companies, which deliver applications or services over the internet, have so far resisted the worst effects of a pandemic-fueled recession, and some have thrived while businesses operate remotely.Some major SAP clients may be reconsidering signing large contracts to update their software, as the pandemic continues to limit any global economic recovery. (Bloomberg) -- With the final stretch of the election upon us, it’s still nearly impossible to guess how the stock market will react to next week’s vote. As on 30-09-2020, the company has a total of 133,542,265 shares outstanding. The current dividend is 22 cents per common share, and was paid out at the end of September; at that rate, the yield is 12.27%. The firm added that it was “encouraged” by WGO’s ability to grow its market share.First Solar and SunPower were both downgraded at Credit Suisse, which cited valuation following recent gains. Shares of Indian liquor companies such as United Spirits Ltd, United Breweries Ltd, G M Breweries Ltd and Radico Khaitan Ltd fell between 3.3% and 5.8% on Thursday after the Karnataka government hiked excise duty on liquor by 4% in its fiscal 2018-19 budget.

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