The shares of Canara Bank gained 2.33% on Monday’s early trades to reach an intraday high of ₹ 327.90 after an ace investor increased their stake in the state-run lender. According to the shareholding pattern of the bank, the ace investor has bought 1,07,20,200 shares. Late market mogul Rakesh Jhunjhunwala’s estate including shares and property [...]
In the January-November period of 2022, India produced 113.43 million tonnes of crude steel, a 10% increase over the previous year. Further, the government aims to double the annual crude steel-making capacity to 300 MT from 150 MT at present. Here are 2 Tata group steel companies that contributed to the high annual production in [...]
Penny stocks are known to deliver high returns in a shorter time period as these stocks tend to hit circuits more often. Penny stocks have a market capitalization of less than Rs 500 Crore and have a share price lesser than Rs 100. These companies tend to have zero or negative sales and profits and [...]
The shares of Ultracab (India) Limited opened at Rs 29.65 levels and added as much as 14 percent to reach a high of Rs 32.70 in the early hours of Monday. The shares rallied after the company bagged an order worth Rs 22.88 Crores from Tata Power, India’s largest integrated power company. Ultracab is the [...]
The shares of Raghav Productivity Enhancers Ltd, a small-cap multibagger stock were in the green after two ace investors, Ashish Kacholia and Mukul Agrawal bought a fresh stake in the company.Raghav Productivity Enhancers manufactures ramming mass and other quartz-related products. It manufactures, supplies and exports silica (acidic) ramming mass. Ramming mass is used as a [...]
Upcoming key US jobs data is expected to be encouraging which would influence the next Fed’s policy. The market already remains sensitive to FIIs selling and IT stocks traded with deep cuts ahead of the release of corporate earnings next week as the growth is anticipated to be muted. Geojit Financial Services As markets remain [...]
Sticking to stocks for a long period of time has helped many investors make fortunes, especially when the fundamentals of a company are strong. The stock market tends to compound investments over a long period of time.The shares of Pidilite Industries Limited were available at ₹ 11.39 apiece twenty years ago. Its shares closed at [...]
Building on initial gains, the headline indices ended higher on the first trading day of 2023. Financial shares pushed the benchmark indices higher on Monday, while consumer durables and healthcare shares were laggards. Meanwhile, auto stocks remained under focus due to December sales numbers. The BSE Sensex started the week at 60871.24 and the NSE [...]
Adobe (NASDAQ: ADBE) is a leading software company based in California that is known for its innovative products in the fields of publishing, visual media, and advertising. The software is used by many top creative and media companies, such as Mood Studio. The company recently faced scrutiny from the Department of Justice over its proposed $20 [...]
Bears gripped Dalal Street on Friday as benchmark indices edged lower heading a negative close for the third straight day. Nifty tumbled 132.70 points or 0.75% at 17,859.45 while Sensex settled at 59,900, down 450 points. As markets remain volatile, here are 3 fundamentally strong stocks under Rs 200 recommended by analysts for an upside [...]
