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An independent director of Manpasand Beverages has resigned in the wake of search and seizure proceedings by Commissioner of Central GST and Customs at various premises of the company.

Chirag Doshi resigns as Manpasand Beverages director

The stock markets closed in the green on Friday, May 24, 2019. On the day, the Sensex at the Bombay Stock Exchange surged by 623.33 points to close at 39,434.72 while the Nifty at the National Stock Exchange gained 187.10 points and settled at 11,844.10.&nbsp;

Stocks in Focus on May 27: Manpasand Beverages, GMR Infra to NBCC; here are the 5 newsmakers of the day

Even an army of analysts and experts at asset management firms could not detect creative accounting at some companies. There have also been instances where fund-houses have made questionable investments into group firms with money that actually belonged to investors. DNA Money talked to experts to find out what investors should do when MFs make investing mistakes.

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Manpasand Beverages share price rallied nearly 5 per cent intraday on Thursday after the company said it has entered into a 10-year agreement with Parle for joint distribution of products pan-India.

Manpasand Beverages enters into a deal with Parle; stock spikes

Manpasand Beverages posted a net profit of Rs 42.74 crore which was higher by a massive 256.46% compared to Rs 11.99 crore in the preceding quarter.&nbsp;

Manpasand Beverages' strong Q4FY18 result gives mixed cues to investors; 256% rise in profit to Rs 43 crore 

MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.05 percent after touching a two-year trough on Tuesday. Markets have been pressured by sharp losses in China, where blue chips .CSI300 were near 13-month lows.

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UBS Securities is underweight on smallcap and midcap stocks due to fading support at the interest rate and retail flow fronts.

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Manpasand Beverages called the auditor's resignation ahead of results a mere ‘coincidence’, but analysts say retail investors must not look at stocks of companies where management integrity is in doubt.

Manpasand Beverages tanks 50%; Tip: here is what investors must do

From May 22 to till date, Manpasand share price slipped by a whopping 44.70% or Rs 200.7. On May 22, the share price of Manpasand was at Rs 449 per piece level.&nbsp;

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According to a HDFC Securities report,&nbsp;a rate hike in the US will mean outflows from the Indian markets are misplaced.&nbsp;

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Taking cola ban as an opportunity, Singh added, “The current situation has benefited us as presently, we are the only fruit juice manufacturing company with adequate capacity to cater to the vast market of Tamil Nadu.”

 Cola ban: Manpasand Beverages looks to take advantage in Tamil Nadu

The issue of equity shares of the company is at face value of Rs 10 each for an aggregrate amount not exceeding Rs 500 crore including premium to the qualified insitutional buyers (QIP).&nbsp;

Manpasand Beverages QIP issue opened today 

manpasand-beverages

An independent director of Manpasand Beverages has resigned in the wake of search and seizure proceedings by Commissioner of Central GST and Customs at various premises of the company.

The stock markets closed in the green on Friday, May 24, 2019. On the day, the Sensex at the Bombay Stock Exchange surged by 623.33 points to close at 39,434.72 while the Nifty at the National Stock Exchange gained 187.10 points and settled at 11,844.10. 

Even an army of analysts and experts at asset management firms could not detect creative accounting at some companies. There have also been instances where fund-houses have made questionable investments into group firms with money that actually belonged to investors. DNA Money talked to experts to find out what investors should do when MFs make investing mistakes.

Manpasand Beverages share price rallied nearly 5 per cent intraday on Thursday after the company said it has entered into a 10-year agreement with Parle for joint distribution of products pan-India.

Manpasand Beverages posted a net profit of Rs 42.74 crore which was higher by a massive 256.46% compared to Rs 11.99 crore in the preceding quarter. 

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Manpasand Beverages

Chirag Doshi resigns as Manpasand Beverages director

Stocks in Focus on May 27: Manpasand Beverages, GMR Infra to NBCC; here are the 5 newsmakers of the day

Have fraud hit Gitanjali Gems in portfolio? This is what to do when MFs make investing mistakes

Manpasand Beverages enters into a deal with Parle; stock spikes

Manpasand Beverages' strong Q4FY18 result gives mixed cues to investors; 256% rise in profit to Rs 43 crore

IDBI Bank, Fortis Healthcare among five stocks hogging limelight today

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Delhi's Udyog Bhawan metro station renamed 'Seva Teerth'

‘Fake and baseless’: Piyush Goyal rebuts Rahul Gandhi on US–India trade deal, says farmers fully protected

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From 'gaushalas' to green manure, Padma awardee farmers outline measures to restore soil health