Here are the latest stock price details of India's top China Plus One stocks. For more detailed updates, check the latest China Plus One sector results.
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SCRIP | BSE PRICE (Rs) | NSE PRICE (Rs) | CHART | MORE INFO |
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ARVIND | 360.90 8.64% | 360.00 8.11% |
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NIFTY 50 | Not Listed | 22,302.50 -0.62% |
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CLEAN SCIENCE & TECH | 1,301.15 -0.27% | 1,301.45 -0.18% |
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S&P BSE SENSEX | 73,511.85 -0.52% | Not Listed |
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TTK PRESTIGE | 702.25 -0.72% | 703.10 -0.70% |
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ALKYL AMINES | 2,002.50 -0.87% | 2,004.00 -0.84% |
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SHAILY ENG | 604.90 -1.07% | Not Listed |
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KPR MILL | 829.25 -1.18% | 829.90 -1.15% |
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TRIDENT | 38.58 -1.23% | 38.55 -1.41% |
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DIXON TECHNOLOGIES | 8,298.25 -1.33% | 8,303.95 -1.31% |
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INDO COUNT | 382.70 -1.54% | 383.15 -1.55% |
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BALAJI AMINES | 2,091.05 -1.63% | 2,090.30 -1.73% |
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GOKALDAS EXPORTS | 829.75 -1.65% | 830.10 -1.91% |
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DEEPAK NITRITE | 2,511.95 -1.96% | 2,513.50 -1.97% |
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LAURUS LABS | 429.35 -2.13% | 429.45 -2.22% |
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AUROBINDO PHARMA | 1,124.75 -3.29% | 1,124.35 -3.34% |
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SKIPPER | 313.25 -3.30% | 313.50 -3.27% |
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AARTI INDUSTRIES | 716.65 -4.39% | 716.55 -4.43% |
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WELSPUN LIVING | 142.65 -5.22% | 142.95 -4.57% |
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MAHARASHTRA SEAMLESS | 827.40 -5.47% | 827.80 -5.46% |
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BSE prices: May 7, 2024 (Close) NSE prices: May 7, 2024 (Close)
Within the China Plus One sector, the top gainer was ARVIND (up 8.6%). On the other hand, MAHARASHTRA SEAMLESS (down 5.5%) and WELSPUN LIVING (down 5.2%) were among the top losers.
Meanwhile, the benchmark S&P BSE SENSEX was at 73,511.9 (down 0.5%).
Before you go, here are the upcoming corporate actions for China Plus One stocks.
COMPANY | PRICE (Rs) | CHANGE (%) | RESULT DATE |
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BALAJI AMINES | 2,091.05 | -1.63 | 8-May-24 |
ALKYL AMINES | 2,002.50 | -0.87 | 9-May-24 |
AARTI INDUSTRIES | 716.65 | -4.39 | 10-May-24 |
TRIDENT | 38.58 | -1.23 | 15-May-24 |
CLEAN SCIENCE & TECH | 1,301.15 | -0.27 | 15-May-24 |
TTK PRESTIGE | 702.25 | -0.72 | 28-May-24 |
List of All Upcoming Quarterly Results
COMPANY | PRICE (Rs) | CHANGE (%) | DIVIDEND (%) | RECORD DATE | EX-DIVIDEND DATE |
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LAURUS LABS | 429.35 | -2.13 | 20.0 | 8-May-24 | 8-May-24 |
WELSPUN LIVING | 142.65 | -5.22 | 10.0 | 27-Jun-24 | 26-Jun-24 |
List of All Upcoming Dividends
Based on marketcap, these are the top companies that stand to benefit from the China plus one megatrend:
You can see the full list of China plus one stocks here.
To filter the best quality stocks from the China plus one sector, check out Equitymaster’s Indian stock screener . This screener also allows you to screen stocks based on your own criteria.
Within the China Plus One sector, the top gainers was ARVIND (up 8.6%). On the other hand, MAHARASHTRA SEAMLESS (down 5.5%) and WELSPUN LIVING (down 5.2%) were among the top losers.
China Plus One is a strategy that some companies use to diversify their manufacturing or sourcing operations by adding at least one additional country to their supply chain, in addition to their existing operations in China.
This strategy is often implemented to reduce risks associated with over-reliance on China as the sole source of manufacturing or sourcing.
With China being a dominant player in global manufacturing and trade, many companies have heavily invested in China to take advantage of its low labor costs and efficient supply chain. However, the risks associated with this overreliance on China have become more apparent in recent years, including geopolitical tensions, trade disputes, and disruptions caused by the Covid-19 pandemic.
Investing in stocks requires careful analysis of financial data to find out a company's true worth. However, an easier way to find out about a company's performance is to look at its financial ratios.
Two commonly used financial ratios used in the valuation of stocks are -
Price to Earnings Ratio (P/E) - It compares the company's stock price with its earnings per share. The higher the P/E ratio, the more expensive the stock.
Price to Book Value Ratio (P/BV) - It compares a firm's market capitalization to its book value. A high P/BV indicates markets believe the company's assets to be undervalued and vice versa.
Well, it depends on what your goals are.
Having said that, the two key indices to track are the BSE Sensex which contains the list of BSE 30 stocks and the NSE Nifty which contains the list of NSE 50 stocks.
However, these two indices are considered to be too narrow by some, since they only track 30 and 50 stocks, respectively.
For broader tracking, you could use the BSE 200, BSE 500 or even the NSE 500 index.
Some popular market cap based indices include BSE Smallcap index and BSE Midcap index , among others.
After opening the day flat, Indian share markets turned negative as the session progressed and ended lower.