The shares of Craftsman Automation zoomed 13.87% to reach a record high of ₹ 3,710.95 apiece on the National Stock Exchange (NSE). Its shares were quoted at ₹ 3635.00 apiece at 12:31 PM on Friday. The engineering company informed the bourses that it has entered into a definitive agreement on 29th December 2022, to acquire [...]
The shares of Punjab and Sind Bank inched up by 4 percent in the early hours on Friday as the stock was trading at Rs 33.35 levels. The stock jumped ahead of the board meeting scheduled today i.e, December 28th, 2022 to consider a proposal for raising funds of up to Rs 250 Crore by [...]
The shares of Bikaji Foods International escalated 25% in the past five days from ₹ 365.45 apiece to ₹ 466.80 to reach a new high on Friday’s early trades. Its shares hit the 5% upper circuit for five days in a row. Bikaji Foods is one of India’s largest fast-moving consumer goods ("FMCG") brands. Its [...]
The year 2022 saw a number of stocks deliver high returns to their investors. Not only did the stocks make a new high but also the benchmark indices crossed certain important levels. As we approach the year-end, here is a list of 4 stocks under the Tata group that rallied the most: Indian Hotels Company [...]
Companies with strong fundamentals are vital when it comes to building a strong investment portfolio. These companies reward investors with handsome returns, and keep investments relatively safe, even during bad market conditions, as they have a robust underlying business. Developments in these companies often attract the attention of brokerage firms. Here are two fundamentally strong [...]
Rama Steel Tubes is a small-cap company with a market capitalization of ₹ 1,509 crores. It operates in the industrial sector and is one of India’s top producers of rigid PVC & GI pipes and steel pipes & tubes. Its shares closed at ₹ 171.70 apiece on Thursday. The company declared a 4:1 bonus issue [...]
The Sugar stocks continued to rise on Thursday after the government announced high incentives for the company. On December 26th, the Ministry of Consumer Affairs announced a 100 percent incentive on sugar sacrificed for producing ethanol from B-heavy molasses, sugarcane juice, and syrup. On the sweet news, here are two multibagger sugar stocks that rallied [...]
The shares of Bharti Airtel Limited remained in focus on Thursday as the company announced high investments for its 5G service rollout along with its plan to list its payments business. The Indian telecom operator announced that it is making a strategic plan to invest Rs 27,000-28,000 crore in telecom networks with a focus on [...]
PSUs staged a comeback after a decade of underwhelming performance, driven by the spectacular rally in PSU banks this year. The 13-stock Nifty PSU Bank index climbed a whopping 66.27% on a year-to-date basis, making it one of the best-performing sectoral indices this year. In fact, the surge led the Nifty PSE (Public Sector Enterprises) [...]
Trading currencies can be challenging for traders, thanks to the market’s volatility. Inexperienced traders without outside help run the risk of losing their investment if they don’t understand the market properly. Experienced traders leverage the power of some technical indicators for technical analysis before trading their preferred currencies. What are these technical indicators and how [...]
