Latest news with #CoffeeDay
Economic Times
15-07-2025
- Business
- Economic Times
Dolly Khanna bets on this smallcap stock with 1.5% stake purchase in June quarter
Dolly Khanna acquired a 1.55% stake in Coffee Day Enterprises during Q1 FY26, marking a fresh entry or increase. She also raised her holding in Prakash Industries. Despite past declines, Coffee Day stock has rebounded sharply in 2025, reflecting renewed investor interest. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads About Coffee Day Enterprises Star investor Dolly Khanna 's name has appeared on the latest shareholding pattern of the smallcap stock Coffee Day Enterprises , as she now holds 32.78 lakh shares of the company, representing a 1.55% equity stake , at the end of June ace investor's name was not included in the shareholding pattern at the end of the March 2025 quarter. This means that either this is a fresh infusion of funds or Khanna previously held less than 1% equity stake in the company, which does not require any as per another update, Khanna has also raised her investment in small-cap multibagger Prakash Industries during the June 2025 quarter. Dolly Khanna increased her stake by 0.2%, bringing her total holding to 2.27%, or 40,56,674 shares in the per the latest available corporate shareholdings filed, Dolly Khanna publicly holds 16 stocks with a net worth of over Rs 458.8 crore, according to Trendlyne per the latest announced June quarter shareholdings, Khanna holds her highest stake of 1.7% in Zuari Industries . Her other investments include GHCL and Polyplex Corporation , with an equity stakeholding of 1.1% in Khanna, a Chennai-based prominent investor, is known for her lesser-known stock picks that often go on to outperform in the market. She has been investing in the stock market since in 1996, Coffee Day Enterprises Ltd is involved in various businesses, including coffee and related services, integrated multimodal logistics, financial services, leasing of commercial office space, hospitality services, and investment, along with other corporate is the parent company of the Coffee Day Group, and also owns and operates a resort, provides consultancy services, and is involved in the trading of coffee the past year, the shares of Coffee Day Enterprises have declined by 32.11%, reflecting a significant downturn. However, it has shown a strong recovery this year, gaining 52.01% year-to-date. In the last six months, the stock rose by 25.48%, and in the last three months, it delivered an impressive gain of 30.69%. The one-month performance was modest, with a 1.34% Tuesday, the stock closed 7% higher at Rs 36.24 on the read: Where to park money and where to create wealth now? Jyotivardhan Jaipuria answers (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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Business Standard
02-06-2025
- Business
- Business Standard
Coffee Day shares slip 5% after Q4 results; loss narrows to ₹114 crore
Shares of Coffee Day Enterprises declined over 5 per cent even after its net loss narrowed to ₹114.16 crore in the fourth quarter of the previous financial year (Q4 FY25). Coffee Day Enterprises' stock fell as much as 5.03 per cent during the day to ₹30.4 per share, the biggest intraday fall since March 13 this year. As of 12:25 PM, the stock was down 3.7 per cent at ₹30.8 apiece, compared to a 0.3 per cent decline in Nifty50. Shares of the company extended their losses for the third straight day, but have risen 36 per cent this year, compared to a 4.1 per cent advance in the benchmark Nifty50. Coffee Day Enterprises has a total market capitalisation of ₹642.42 crore, according to BSE data. Coffee Day Enterprises Q4 results The company reported a consolidated net loss of ₹114.16 crore for Q4 FY25, a decline from a loss of ₹296.40 crore in the year-ago period. Sequentially, the company reported a loss of ₹296.40 crore in the December quarter. Revenue from operations in Q4 FY25 stood at ₹268.03 crore, growing around 7 per cent from ₹250.65 crore in Q4 FY24. For the entire year, Coffee Day reported a consolidated net loss of ₹143.20 crore for FY25, against ₹307.43 crore in FY24. In FY25, the company's total consolidated income was marginally up to ₹1,125.64 crore. About Coffee Day Enterprises Coffee Day, once a popular name in urban regions, is now struggling to keep up with its operations after the demise of its founder, V G Siddhartha, in 2019. The company had defaulted on debt repayments amounting to ₹425.38 crore as of March 31, 2025. The company attributed it to a severe liquidity crisis and ongoing legal conflicts with lenders. The company operates various businesses, including coffee, logistics, financial services, and hospitality. It owns and operates café chain outlets under the Café Coffee Day brand, as well as resorts and hotels. The company is also engaged in the purchase and sale of coffee beans. It primarily operates café chain outlets under the Café Coffee Day (CCD), The Lounge, and The Square brand names. It is also involved in the retail sale of coffee beans and powder for household consumption, as well as to restaurants and eateries through Coffee Day Fresh & Ground outlets.
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Business Standard
30-05-2025
- Business
- Business Standard
Coffee Day Q4 results: Loss narrows to ₹114.16 cr, revenue grows 7%
Coffee Day Q4 FY25 results: The company reported a loss of ₹296.40 crore in the December quarter (Q3 FY25) New Delhi Coffee Day Enterprises on Friday reported a consolidated net loss of ₹114.16 crore for the quarter ended March 31, 2025 (Q4 FY25), marking from ₹296.40 crore in the year-ago period (Q4 FY24). Sequentially, the company reported a loss of ₹296.40 crore in the December quarter (Q3 FY25). Revenue from operations in Q4 FY25 stood at ₹268.03 crore, growing around 7 per cent from ₹250.65 crore in Q4 FY24. Coffee Day FY25 result For the entire year, Coffee Day reported a consolidated net loss of ₹143.20 crore for FY25, against ₹307.43 crore in FY24. In FY25, the company's total consolidated income was marginally up to Rs 1,125.64 crore. Shares of Coffee Day Enterprises Ltd on Friday settled at ₹31.77 apiece on the BSE, down 3.23 per cent. Coffee Day struggling Coffee Day, once a popular name in urban regions, is now struggling to keep up with its operation after the demise of its founder V G Siddhartha in 2019. In a regulatory filing in April, the company revealed it had defaulted on debt repayments amounting to Rs 425.38 crore as of March 31, 2025. The company had attributed it to severe liquidity crisis and ongoing legal conflicts with lenders.
Mint
30-04-2025
- Business
- Mint
Mint Explainer: What Sebi's spoofing crackdown means for the stock market
The Securities and Exchange Board of India (Sebi) has turned the spotlight on a sophisticated market manipulation technique known as "spoofing" through a recent interim order against Patel Wealth Advisors Pvt. Ltd. (PWAPL), a registered stockbroker. The order details PWAPL's alleged use of high-frequency algorithmic strategies over three years to distort prices in both the equity and derivatives markets. Mint delves into the intricacies of spoofing, its detrimental impact on market integrity, and the broader implications of Sebi's action for brokers, traders and algorithmic trading operators. Spoofing is a deceptive tactic through which traders strategically place substantial buy or sell orders at prices that differ significantly from the current market price. These orders are not intended for execution; instead, the goal is to create a false impression of either strong demand or overwhelming supply in the market. The side on which these large, ultimately cancelled orders are placed is known as the "spoof" side, and the trader involved is termed a 'spoofer". By injecting these phantom orders into the order book, the spoofer creates an artificial imbalance, influencing other market participants to react and trade based on this misleading signal. Also read | Mint Explainer: India puts Indus Waters Treaty on ice—what's at stake for both sides Once this induced trading activity causes the desired movement in the price of the underlying asset, the spoofer swiftly executes genuine trades on the opposite side of the order book. This allows them to capitalise on the artificially created price difference and generate illicit profits. Sebi's investigation into PWAPL's trading activities spanned January 2022 to January 2025, and included a detailed forensic analysis of it trading patterns. The regulator used sophisticated, multi-layered surveillance techniques and advanced data analytics to examine PWAPL's trading behavior across 292 scrip-contract days, covering 173 different stocks. This thorough scrutiny revealed recurring instances of substantial orders being placed and then rapidly cancelled. Sebi identified "spoofing patches" on both the buy and sell sides, indicating a systematic approach to manipulation across various market segments. PWAPL's alleged spoofing activities extended beyond the cash equity market into equity derivatives, including futures contracts. The investigation highlighted instances in which more than 99% of the order quantity was cancelled, strongly suggesting a deliberate intention to mislead other market participants. Also read | Mint Explainer: What RBI's new liquidity coverage ratio norms mean for banks By meticulously analysing trade-level data, Sebi back-calculated the intra-day square-off gains allegedly accrued through these manipulative strategies. In just two illustrative examples—Coffee Day and Syrma SGS Technology—the regulator estimated that PWAPL earned ₹ 13.44 lakh in a single day using these tactics. Sebi concluded that PWAPL engaged in extensive spoofing activities in both the cash and derivatives segments over a three years, resulting in unlawful gains amounting to ₹ 3.22 crore. It directed the impounding of the amount, with joint and several liability assigned to the accused parties, including PWAPL and its directors. Additionally, PWAPL has been barred from dealing in securities in its proprietary account, and its directors have been restrained from trading directly or indirectly until a final order is issued. Experts view Sebi's recent order against Patel Wealth Advisors (PWAPL) as a strong signal of its commitment to tackling sophisticated market manipulation like "spoofing" through advanced data surveillance. The order details PWAPL's alleged use of algorithmic strategies to distort equity and derivative prices over three years. Spoofing involves placing and quickly cancelling large orders to create a false sense of market demand or supply, thereby misleading other traders and generating illicit profits. Sebi's investigation revealed patterns of large order placements and rapid cancellations by PWAPL across 173 stocks, leading to an estimated ₹ 3.22 crore in unlawful gains. The regulator has impounded this amount and restricted PWAPL and its directors from trading. Also read | The math behind Trump's three-arrow plan to cut US deficit—what the third move could mean for the world economy Sandeep Parekh of Finsec Law Advisors said the order was significant, given the rarity of such cases and the substantial profit involved. "Given the final number of over ₹ 3 crore worth of profit, it appears to be of somewhat large scale," he said, suggesting that PWAPL disregarded earlier warnings. Parekh added that Sebi had likely demonstrated manipulative intent, and that he didn't foresee new burdens for algorithmic traders or a need for new laws. Meanwhile, Hemen Asher, Partner at Bhuta Shah & Co LLP, a taxation firm, asked if Sebi's stance meant that brokers heavily involved in proprietary trading couldn't provide two-way quotes, given that much of algorithmic trading involves rapid, complex buy-sell orders triggered by specific conditions. Sebi acknowledged that "spoofing" isn't explicitly defined under its Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market (PFUTP) regulations but argued that the practice falls under prohibited activities, citing the Nimi Enterprises case as a precedent. In 2023, the regulator found Nimi Enterprises to have engaged in spoofing in the cash segment across 16 scrips over the course of 58 scrip-days, which resulted in unlawful gains of around ₹ 52.55 lakh. While some experts suggested Sebi create a formal definition for clarity, others such as Tushar Kumar, Supreme Court lawyer said broad regulations offered better flexibility to combat evolving manipulative tactics. "Leaving spoofing and similar misconduct within the ambit of broad anti-fraud regulations like PFUTP preserves regulatory flexibility and ensures that market protection keeps up with innovation," Kumar said. He also said Sebi's approach was likely to be upheld in court. "Indian courts and tribunals have historically upheld Sebi's expansive interpretation of PFUTP to cover evolving market abuses. Even if challenged, Sebi's reliance on PFUTP to prosecute spoofing is likely to withstand judicial scrutiny, provided the evidence establishes an intent to deceive or manipulate," Kumar added. Also read | Mint Explainer: What are UCITS—and why Indian investors should consider them Former Sebi officer Sumit Agrawal pointed out that India lacked specific laws for spoofing. "The reliance on precedents like the Nimi Enterprise order, now stayed by the Securities Appellate Tribunal (SAT) and under challenge, illustrates the fluid legal terrain and the ongoing judicial scrutiny around the foundational principles underpinning Sebi's spoofing jurisprudence," he said. Agrawal also said that when enforcement relies heavily on interpretative inferences and non-final precedents such as Nimi's, the need for legal clarity is paramount. "The broader concern is the increasing reliance on general and widely worded provisions, which can render outcomes variable depending on the interpretational approach of a Whole Time Member of the day", he said.
Time of India
29-04-2025
- Business
- Time of India
Sebi bans broker over Rs 3cr 'spoofing' gains
Sebi MUMBAI: Markets regulator Sebi has detected a unique case of stock price manipulation where a broker, Patel Wealth Advisors , and its four directors used the ' spoofing ' technique to make illegal gains worth Rs 3.2 crore over more than three years. Sebi ordered disgorgement of the illegal gains through an interim order. The regulator also banned the five entities from the market until its investigation is over and a further order is passed. Spoofing is an illegal technique where the perpetrator, the spoofer, places a huge order (buy/sell) for a stock at a substantially higher or lower price than the prevailing market price. The spoofing order is an open order, meaning the order size and the price are visible to everyone looking at the order book, which shows how many shares are up for buying and how many for selling. Subsequent to the first order, the spoofer also places an order for a substantially smaller volume on the opposite side of the original order at a price closer to the market price. By executing the second order, the spoofer makes a profit by playing on the psychology of the market players. Under Sebi rules, spoofing is an attempt to manipulate stock prices and an illegal act. The investigation by the regulator found that over three years, people at Patel Wealth Advisors attempted spoofing in 193 stocks with a combined 292 attempts. In one of those cases, the broker put in 548 buy orders, of which 543 were spoofing orders for nearly 5.4 crore shares of Coffee Day at an average of 20-26% below the market order. These were fully disclosed. It executed just five orders aggregating about 52,000 shares at prices very close to the then prevailing market price. The rest were cancelled. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
