Debt ridden telecom operator, Vodafone Idea’s shares gained 6.87% in the past two days and were trading at ₹ 7.00 apiece at 02:42 PM on Tuesday, ahead of its board meeting to consider the preferential issue of optionally convertible debentures (OCDs) to ATC Telecom Infrastructure Pvt. Ltd. In addition, the board will arrange an Extraordinary [...]
The shares of Maharatna PSU, REC Limited, opened at Rs 116.15 levels and gained as much as 5 percent to trade at Rs 121.15 levels on Tuesday. The scrip gained after the company reported its quarterly results and announced an interim dividend. In Q3FY23, their total income stood at Rs 9,795.24 Crore which declined by [...]
The shares of Mold-Tek Technologies gained 11.78% after the company reported robust results for the October to December quarter of 2022. Its shares were trading at ₹ 174.10 apiece, up 1.02% on the National Stock Exchange, at 01:10 AM on Tuesday. The company’s revenue from operations increased by 71.41% to ₹ 40.71 crores in the [...]
The shares of Trident Limited gained 8.80% on Tuesday’s early trades to reach an intraday high of ₹ 34.60 apiece. Its shares were trading at ₹ 34.15 apiece, up 7.39% at 12:22 PM on the National Stock Exchange (NSE). Trident’s revenue from operations decreased by 17.25% to ₹ 1641.44 crores in the October to December [...]
As we approach the budget meeting that is to be held on February 1st, 2023 Indian investors turn more optimistic about the sector's prospects. The producers are demanding measures such as an import duty hike in technical and formulations which will give a boost to local producers. Another critical requirement is that fertilizer companies be [...]
Indian markets opened in the green on Tuesday and market observers are waiting for cues from the economic survey that will be tabled today in the Parliament. Investors are closely tracking updates and opinions regarding the budget. Here are three stocks that turned multibaggers and generated more than 10x returns after the previous budget: Mercury [...]
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Hindenburg Research in its recent report, aimed at exposing the Adani Group, by alleging that it was involved in brazen fraud and stock manipulation. A conclusion has not been arrived at yet, customers should know that state entities like the LIC and SBI have also made liberal investments in the group. The share prices of [...]
Dolly Khanna, a Chennai-based investor is known for investing in lesser-known stocks that tend to outperform the market. In fact, many of them have generated multibagger returns. Here are a few undervalued multibagger stocks held by the ace investor: The price to earnings ratio of these stocks is lower than their industry average, indicating that [...]
The shares of Vedanta Limited traded flat on Monday’s session and ended the day at Rs 322 levels. The shares ended in green even after the company posted a dip in its quarterly earnings. The company reported revenue from operations of Rs 33,691 crore in Q3FY23, which grew sideways as compared to Rs 33,697 crore [...]