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Donear Industries announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2023.

Donear Industries to convene AGM

Donear Ind Standalone December 2022 Net Sales at Rs 210.06 crore, up 15.71% Y-o-Y

Shares of Donear Industries have risen 18.27% in two trading sessions.The stock outperformed the market over the past one month, soaring 33.06% compared with 4.35% decline in the Sensex.The scrip outperformed the market in past one quarter, surging 84.57% as against Sensexs 2.88% rise.The scrip outperformed the market in past one year, soaring 57.63% as against Sensexs 0.50% rise.On the technical front, the stocks daily RSI (relative strength index) stood at 69.43. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.On the daily chart, the stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 74.21, 65.63 and 59.54, respectively. These levels will act as crucial support zones in near term. Donear Industries is engaged into two main business segments mainly, manufacturing and dealing in textiles and rental property. Net profit of Donear Industries rose 148.83% to Rs 9.53 crore on 59.22% increase in net sales to Rs 224.06 crore in Q2 September 2022 over Q2 September 2021. 

Donear Industries jumps over 18% in two sessions

Donear Ind Standalone September 2022 Net Sales at Rs 224.06 crore, up 59.22% Y-o-Y

Donear Industries Ltd. engages in the manufacturing and sale of textiles. It operates through two segments: Manufacturing and Dealing in Textiles and Rentals Property. Its products include suiting, trousers and shirting fabrics. The company was founded by Vishwanath Laxminarayan Agarwal in 1987 and is headquartered in Mumbai, India.

Watchers	27
52-Wk Low	53.55
52-Wk High	121.90

Market Cap	5.55B
Volume (M)	584,793.00
52-Wk High	121.90
52-Wk Low	53.55

DONEAR.NSE Donear Industries Ltd.

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