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Indian equity indices ended the week’s first trading session in the red territory. The BSE Sensex fell 334.98 points or 0.55% at end at 60,506.90 levels and NSE Nifty 50 closed 89.45 points or 0.50%lower at 17,764.60 levels. As the market sentiment remain weak, here are 4 fundamentally sound stocks trading at a discount of [...]
Comfort Fincap Limited is an NBFC (Non-Banking Financial Company) which is primarily focused on providing inter-corporate loans, personal loans, loans against shares and so on. The company has positioned itself between the organized banking sector and local money lenders, offering customers competitive, flexible and timely lending services. In a recent exchange filing, Comfort Fincap Limited [...]
State Bank of India, the country’s largest public sector bank reported its highest-ever quarterly net profit. In Q3, their standalone net profit stood at Rs 14,205 Crore, a 68 percent increase Year on Year from Rs 8,432 Crore. Their Net Interest Income (NII) stood at Rs 38,069 Crore which jumped 24 percent YoY from Rs [...]
Procter & Gamble Health, one of the leading mid-sized pharmaceutical companies in India posted impressive earnings for the quarter that ended on December 31, 2022. Following the announcement, its shares zoomed 15.61% on Monday’s early trades to reach an intraday high of ₹ 4743.00 per share. Its shares were trading at ₹ 4,628.00 apiece at [...]
Volumes spurt at Zydus Lifesciences’ counter after the company reported better-than-estimated earnings for the October to December quarter. Its shares gained 9.63 percent to reach an intraday high of ₹ 476.50 apiece. More than 56 lakh shares changed hands by 01:40 PM The drugmaker reported an increase of 19.85 percent in its revenue from operations [...]
D Link India Limited saw its share open 12 percent higher on Monday’s session at Rs 235.50 levels against its previous close of Rs 209.90. It further gained 3 percent till the afternoon and was trading at Rs 240 levels. In Q3FY23, D Link India Limited posted a total revenue of Rs 281.84 Crore, a [...]
Debt-ridden telecom operator Vodafone Idea’s shares zoomed 24.82% on Monday’s early trades to reach an intraday high of ₹ 8.55 apiece on the National Stock Exchange (NSE). This happened after the government gave the green light to convert the company’s interest dues worth ₹ 16,133 crores to equity, smoothing out a major obstacle. Vodafone Idea’s [...]
ITC Limited hit a new All-Time High on Monday after its shares zoomed by more than 1 percent and reached Rs 388.20 in the early hours. The scrip gained after the company reported higher sales and earnings in the third quarter of FY23. Their total revenue stood at Rs 19,616.08 Crore, up 4 percent Year [...]
The shares of Indus Towers Limited, a subsidiary of Bharti Airtel, opened 8 percent higher at Rs 154.95 as against its previous close of Rs 143.65 on Monday. Until the afternoon, the stock further gained 6 percent and was trading at Rs 163. The shares have been gaining after its parent company, Bharti Airtel said [...]
