Rhetan TMT, an iron and steel company, has announced a bonus issue as well as the sub-division (stock split) of its shares. The company currently manufactures TMT bars and round bars which are primarily used in the construction industry. Its shares were quoting at ₹ 454.00 apiece at 03:00 PM on Tuesday and it has [...]
The shares of Likhitha Infrastructure Limited gained as much as 2 percent till the afternoon on Tuesday and were trading at Rs 237 levels. The scrip gained after the company reported that it has received orders worth Rs 120 crore from various Oil and Gas Distribution Companies during the quarter from October 2022 to December [...]
After having a volatile year in 2022 which was led by geopolitical tension, rising inflation, and a surge in covid, the Indian market is still holding its ground. The benchmark indices Nifty and Sensex began the year in the green, indicating investor optimism. Here are two stocks recommended by analysts in 2023 for an upside [...]
In the year 2022, the Indian stock market stood tall and resilient amid headwinds like the geo-political crisis, inflation, and massive FII selling. In fact, it outperformed many major markets. Insurance behemoth, the Life Insurance Corporation of India (LIC) got listed on the bourses last year and it has already made investments in many Indian [...]
Domestic equity benchmarks turned green in the intraday trade after opening in the red territory on Tuesday amid mixed sentiment in global markets. The Nifty Bank index was trading 128 points or 0.25% higher on Tuesday at 43,317 levels. Here are 3 bank stocks that gained more than 5 percent on Tuesday after they announced [...]
The Indian Railways registered earnings of approximately ₹ 48,913 crores in the nine months ended December (April 2022 to December 2022). This is an escalation of 71% as compared to ₹ 28,569 during the corresponding period last year. The number of passengers with reserved bookings rose to 59.61 crores, up 6.35% as compared to 56.05 [...]
The Indian markets have started the new year on a happy note as the benchmark indices opened higher in green on Monday. With the new year, Indian companies have transitioned from Q3 to the last quarter and are set to release their earnings for the period. Here are two Tata stocks that remained in focus [...]
The shares of Moil Ltd were trading 5 percent higher at Rs 167.80 levels till the afternoon on Monday against its previous close of Rs 161.05. The stock scaled higher after the company’s production and sales last month reached a record high. The company has registered the best December production of 1,41,321 in 2022. This [...]
The shares of newly listed Elin Electronics Ltd tumbled 4.37% on Monday after three FIIs— Morgan Stanley Asia (Singapore) Pte, Société Générale and Copthall Mauritius Investment Fund sold some of their shares in bulk deals executed on December 30, 2022. Elin Electronics is a leading electronics manufacturing services ("EMS") provider. It manufactures end-to-end product solutions [...]
Mid-caps stocks in India are believed to produce better returns because they are quicker to act on than large caps and more financially stable than small caps as they are in the growth phase of the business cycle. In addition to that, the stocks are less risky and have less volatility. Here are 5 top [...]
