The Domestic indices suffered huge losses on Wednesday dragging the Nifty 50 below 17,560 and Sensex below 59,750. On Thursday, the benchmark opened flat. The NSE Nifty 50 fell 7.25 points or 0.04% to 17,547.05 and BSE Sensex dipped 21.03 points or 0.04% to 59,723.95. As markets face turmoil, here are 3 fundamentally sound stocks [...]
The shares of Mirza International Limited were trading marginally higher on Thursday morning at Rs 283 levels. Yesterday the stock climbed up by more than 5 percent after the company received approval from the National Company Law Tribunal for the scheme of arrangement proposed by them. As per the scheme, the company will amalgamate with [...]
Lemon Tree Hotels on Tuesday announced that it had signed a Franchise Agreement for a 34-room property in Manali, Himachal Pradesh, under its brand “Lemon Tree Hotel”. This hotel is expected to be operational by June 2023. The hospitality company’s share price has increased by 48.74 percent in the past year. Its shares were trading [...]
Instant personal loans that use an Aadhaar card as a means of verifying a person's identity have gained a lot of attention lately due to their ease and quick processing time. However, with this surge in popularity comes a lot of questions that people may have about taking out this type of loan. In this [...]
The Indian government on Tuesday said that India will provide an additional two million tonnes of wheat to bulk consumers such as flour millers, in order to lower prices which jumped to a record high last month. This allocation will be over and above the allocation of 3 million tonnes announced last month and it [...]
The shares of ITI Limited opened at Rs 98 levels and gained as much as 7 percent to trade at Rs 103 levels till the afternoon on Wednesday. The scrip gained after the company announced the appointment of its new Chairperson and Managing Director. The Government of India has appointed Shri Rajesh Rai to the [...]
The Consumer electronic companies in India remain optimistic about the uptrend in demand and have ramped up their production to have higher inventory. To avoid any supply chain disruptions, the company has geared up the production of both components and finished product. On the news, here are 3 stocks that have gained on Wednesday’s trading [...]
EKI Energy Services’ shares gained a sharp recovery after the company’s share price reached a 52-week low of ₹ 511.95 apiece on 17 February 2023. Its shares are currently locked in a 10% upper circuit at ₹ 832.70 apiece on the bourses. This indicates that they have gained 62.65% in the past five days. Investors [...]
Investing in stocks is considered to be risky by many investors. As a result, they tend to park a majority of their money in a fixed deposit (FD), Employee Provident Fund (PF) and Public Provident Fund (PPF). FD provides an interest of approximately 6.50 percent, EPF interest rate has remained steady at 8.10 percent and [...]
The shares of Wockhardt Ltd appreciated to the tune of 6.82% after the company during its investor meeting made an announcement about restructuring. Its shares reached an intraday high of ₹ 205.95 apiece on the National Stock Exchange (NSE). Wockhardt is a global pharmaceutical and biotechnology organisation engaged in manufacturing finished dosage formulations, injectables, biopharmaceuticals, [...]
