The board of the multi-bagger company KDDL Ltd has approved the buyback of the equity shares of the company. KDDL ltd is a company engaged in the business of manufacturing watch components like hands, dials, and precision engineering goods under the brand name, Eigen. This a multi-bagger stock that has given a return of 365% [...]
The shares of IndusInd Bank ltd have fallen 1.80% on Thursday despite the company reporting excellent Q3 results for FY2023. The share opened at the price of Rs 1,211 and closed at the price of Rs.1201. IndusInd Bank reported a total income of ₹ 4,495 crores in Q3FY2022, a year-on-year increase of 18%. This was [...]
The Piotroski score is a score between zero and ten, used to determine the best value stocks, with nine being the best and zero being the worst. It uses nine parameters to determine the strength of a firm's financial position. These parameters include net income, operating cash flow, quality of earnings, return on assets, leverage, [...]
Domestic benchmarks BSE Sensex and NSE Nifty50 opened lower on Thursday amid largely negative cues from global markets. Losses in IT shares led the headline indices lower. The Sensex was at 60,832.20 points, down 0.38% and the Nifty was at 18,102.65 points, down 0.35% at 02:38 PM on Thursday. Here are three stocks that hit [...]
On Wednesday, the State Bank Of India (SBI), one of India’s biggest banks raised over ₹ 9,700 crores by issuing its infrastructure bonds in its second tranche. SBI stated that it raised ₹9,718 crores through its second infrastructure bond issuance, at a coupon rate of 7.7 percent per annum for a tenure of 15 years. [...]
The shares of Rallis India fell 6.80% to reach an intraday low of ₹ 228.80 apiece on the National Stock Exchange (NSE) after the company declared its results for the October to December quarter (Q3FY23). Rallis India shares were trading at ₹ 231.75, down 5.58% at 12:37 PM on Thursday. 1342570 shares changed hands on [...]
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Benchmark indices climbed for the second consecutive trading session on Wednesday, lifted by metal and financial stocks. In addition, FII buying boosted sentiments on D-Street. The BSE Sensex closed for the day at 61045.74 points, up 0.64%, while the NSE Nifty 50 settled at 18,165.35 pints, up 0.62% Here are three stocks that hit the [...]
On Wednesday, shares of PTC India were locked in the upper circuit and climbed to the ₹100 mark at 9.50 A.M. The shares of the power trading company rose after reports suggested various interested buyers including names such as Tata Power, Adani Group, Greenko, and JSW Energy. In the past month, the small-cap energy stock [...]