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, [...]
Companies with high promoter holdings are typically considered to be safer to invest in, as compared to those companies with lower stakes. When the promoters think that their stock is worth buying, they increase their stake in it or maintain a high shareholding. It could also mean that they believe that the company’s share price [...]
The banking and finance sector has been among the earliest adopters of machine learning. It is because they have vast amounts of data and are always looking for new ways to improve their operations and reduce costs. With the rapid growth of machine learning and its associated technologies, financial institutions have realized they can leverage [...]
Doing the same task multiple times can be daunting and exhausting. Before developers discovered a solution, they had to produce unique apps for users of various operating systems. The process was not only lengthy, but it also caused several compatibility problems. This is because different operating systems have different requirements for the kinds of programming [...]
Tata Chemicals, Tata Steel, Taj GVK Hotels and Resorts, Titan, Tata Motors, Tata Coffee and Tata Investment Corporation are a few Tata group companies in which mutual funds increased their stake on a quarterly basis. Tata Chemicals The company manufactures inorganic chemistry products with plants spread across four continents America, Europe, Africa and Asia. Mutual [...]
Capri Global Capital Limited ended marginally lower at Rs 698 levels in Tuesday’s trading session. However, in the past six months the stock has scaled by 10 percent and in a year's time frame it has gained 25 percent. Capri Global Capital Limited (CGCL) is a diversified Non-Banking Financial Company (NBFC) with a presence primarily [...]
Akashdeep Metal Industries Limited is an NBFC and Investment Company, engaged in dealing with investment shares and providing loans and advances. The board of directors of the company has approved the splitting of the shares. The company will split in the ratio of 1:5 which means that one equity share of the Company having a [...]
NMDC Steel Ltd (NSL), the newly listed demerged entity of NMDC Limited has hit the upper circuit for two days in a row. The company made a debut on the BSE at ₹ 20.25 apiece yesterday and settled 4.96 percent higher at ₹ 31.75 apiece. Its share price increased to ₹ 33.30 apiece on Tuesday’s [...]
