The shares of sugar companies sweetened as they zoomed up to 20% on Monday, for the second day in a row. Rajshree Sugar & Chemicals (up 19.98%), Sakthi Sugars (up 19.86%), Dhampure Speciality Sugars (up 11.40%) Simbhaoli Sugars (up 19.86%), and Dalmia Bharat Sugar and Industries (up 15.68%), quoted higher. Food Secretary Sanjeev Chopra told [...]
It has been a consistent, upward journey of returns as the benchmark Nifty 50 has rallied 19.42% in the last six months. During the same period, the 30-stock BSE Sensex advanced the same registering gains of 19.40%. As the markets trade at all-time highs, market experts are given mixed reviews. Here are four stock recommendations [...]
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Markets are likely to remain in the consolidative range due to a lack of triggers in the near term. Also, lower participation from institutional investors due to upcoming year-end holidays would keep the markets lackluster. On the sectoral front, sugar stocks are likely to remain in the limelight after the news is reported, the government [...]
Experts say that September quarter earnings turned out to be better than market expectations. In fact, a few companies reported more than a 100% increase in their net profit and their sales grew by more than 50% on a year-on-year (YoY) basis. Here are four companies whose profits more than doubled YoY (increased by more [...]
The shares of Hindustan Foods Ltd gained more than 3 per cent till the afternoon on Friday and were trading at Rs 721 levels. In the past five days, the stock has gained approximately 9 per cent while in the span of a month, the stock has rallied by more than 18 per cent. Hindustan [...]
Block deals worth Crores were executed on BSE after institutional investors traded shares of FSN E-Commerce Ventures Ltd Nykaa. Kravis Investment Partners sold its entire stake of 1.13 per cent or 3.67 crore shares of FSN E-Commerce Ventures for around Rs 629 crore through open market transactions on December 15th. As per the data available [...]
The shares of Madras Fertilizers Limited opened 3 per cent higher on Friday at Rs 75.55 as against its previous close of Rs 73.65. In the early hours, it further gained 15 per cent to reach its new 52-week high of Rs 87.75. Madras Fertilizers Limited is a Public Sector Undertaking that is engaged in [...]
The shares of SBI Life Insurance Co. were trading for Rs 1,275 a piece, almost flat for the day during the first half of the trading session on Thursday. In the last six months, the stock has generated a return of 15.38% for its shareholders. It has trailed the benchmark Nifty50 index which has returned [...]
“The Indian automotive market is poised for rapid Electric Vehicle (EV) growth, due to the convergence of factors including government incentives, improving cost-competitiveness and original equipment manufacturer (OEM) investment, along with increased customer readiness and awareness,” according to a report by Bain & Company. The revenue pool of the industry is expected to reach a [...]
