The price of an indian penny pharma stock has hit a 2 percent upper circuit from the previous closing price as the company's financial results show a robust Net profit growth of 70 percent QOQ and revenue growth of 21.5 percent. Price action With a market capitalization of Rs. 656.04 crores on Friday, the shares [...]
The shares of the Micro-cap company, a renowned manufacturer specializing in high-quality steel cord conveyor belts, are in focus upon receiving a work order from NLC India and Maharashtra State Power Generation worth Rs. 48.64 Crores. Price action With a market capitalization of Rs. 219.63 crores on Friday, the shares of Somi Conveyor Beltings Limited [...]
A leading IT company saw its stock rise by 3 percent after announcing its Q4 FY25 results, which highlighted a strong surge in the order pipeline. The company also declared a substantial 470 percent dividend payout, signaling robust performance and continued commitment to shareholder returns. Price Movement During Friday’s trading session, Mphasis Ltd reached an [...]
The shares of this Solar Energy stock are in focus after the company announced robust financial results showing a Net profit growth of 384 percent QoQ and revenue growth of 124 percent. Price action With a market capitalization of Rs. 677.4 crores on Friday, the shares of Sahaj Solar Ltd. were trading at a CMP [...]
Fundamentally strong stocks refer to shares of companies that are considered financially healthy and well-positioned for long-term growth. These stocks typically have strong financial performance, solid earnings, low debt, a competitive market position, and good management. Investors often view these stocks as stable and less risky, as the companies behind them show consistent revenue growth, [...]
The shares of the Consumer durables company specializing in manufacturing a wide range of electrical products for residential, commercial, and industrial use, are in focus after a leading Indian brokerage firm, ICICI Securities, initiated a revised Buy target on it with a 22 percent Upside Potential. Price action With a market capitalisation of Rs. 99,871.82 [...]
A golden crossover is used in the technical analysis of financial markets to describe a bullish move that occurs when a shorter-term moving average crosses above a longer-term moving average. The most common moving averages used are the 50-day moving average (short-term) and the 200-day moving average (long-term). This crossover is considered a positive signal, [...]
A micro-cap company saw its stock rise by 5 percent after announcing that it has secured a significant order worth approximately Rs.5 crores for the supply of moulded parts used in childcare products. The deal, awarded by Master Nidavellir Aeromed Private Limited, marks a notable win and adds momentum to the company’s growth in the [...]
Shares of a solar energy company gained 2 percent in Thursday’s trade after it secured a significant order worth Rs.10.77 crore from the Tripura Renewable Energy Development Agency (TREDA). The contract involves the supply of 633 off-grid solar water pumping systems under the PM-KUSUM Scheme, reinforcing the company’s presence in India’s renewable energy and rural [...]
The shares of Contracting and Project Management engineering stock hit a 5 percent upper circuit in the day’s trade after receiving an order worth Rs 16.52 Cr for civil construction contracts. Price movement With the market capitalization of Rs 61.76, the shares of Conart Engineers Ltd hit a 5 percent upper circuit in the day’s [...]