The shares of Karnavati Finance, a micro-cap company reached a fresh 52-week high of ₹ 190.80 apiece on Monday’s early trades after its shares gained 4.98% on the National Stock Exchange (NSE). Its shares were locked in an upper circuit. Karnavati Finance offers end-to-end lending, financing and wealth management solutions to a diversified range of [...]
Currently, markets are trading range bound and valuations are fair with Nifty trading at ~18x FY24E EPS. Thus there is room for a modest upside but only if corporate earnings do not see material downgrades ahead. Motilal Oswal Financial Services The Nifty has fallen to the upper band of the falling channel on the daily [...]
Investors closely track investment/ divestment by FIIs as are considered both a trigger and a catalyst for the performance of the market. Inflows of money by institutional investors give investors confidence in the company in which they have invested. It helps them get broader trends and find what's happening in the market. In fact, the [...]
A dividend is the distribution of a company's earnings to its shareholders as a reward for investing in the company. It acts as a passive income for the investors in the market. Along with their quarterly results companies generally announced the payment of dividends. Here are some stocks trading ex-dividend next week Bharat Dynamics Ltd [...]
The equity market started on a shaky note on Monday and domestic benchmark gauges shed their marginal gains amid mixed cues from Asian markets. The 30-share BSE Sensex declined 196.61 points or 0.32 percent to 60,486.09 points while the NSE Nifty fell 38.50 points or 0.22 percent to 17,818 points. On Friday, The BSE Sensex closed [...]
Gensol Engineering Limited, a company engaged in the solar business, saw its shares hit an upper circuit of 5 percent in the early hours of Friday at Rs 978 levels. The scrip gained after it bagged an order worth Rs 501.19 crore. The company has received purchase orders from reputed clients for the development of [...]
360 One Wam, formerly known as IIFL Wealth Management has fixed the record date for two corporate actions. This includes a 1:2 stock split and a 1:1 bonus issue. Its shares were trading at ₹ 1830.00 apiece at 12:20 PM on Friday. 360 One Wam on January 19, 2023, informed the exchanges that its board [...]
The Indian cement stocks remained in focus on Friday’s session as most of the stock gained and traded in the green. The markets remain bullish on the sector as the demand for cement seems to be rising. In addition to that, the government's focus on infrastructure development in rural and urban areas is likely to [...]
With a market capitalization of ₹ 320 crores, Integra Essentia Limited (IEL) is a penny stock. The company’s share price rallied to ₹ 7.21 apiece on the Bombay Stock Exchange (BSE) and got locked at a 5 percent upper circuit on Friday’s early trades. Simultaneously, they were locked at ₹ 73.5 apiece on the National [...]
Greaves Cotton Limited saw its shares gain approximately 2 percent in the early hours of Friday as it was trading at Rs 134.40 levels. The scrip remained in focus after its e-mobility arm Greaves Electric Mobility marked its foray into the high-speed electric two-wheeler segment. The company launched Ampere Primus, their first ever electric two-wheeler [...]
