Amid the global trends, Indian indices witnessed a weak start on Tuesday. Nifty50 opened with a gap down at 16,470 and it is currently down by 100(1.17%) points from its opening. Sensex also opened at a gap down at 55,377 points and is trading at 54,960 points. Titan Company Ltd which holds a 1.2% weightage [...]
Anand Mahindra, the eclectic chairman of the Mahindra Group makes rounds every now and then with his acclaiming but sometimes critical tweets. Similarly, the shares of the Mahindra Group companies have been in the limelight due to their impressive Q4 results. Here are three companies which have their ex-dividend dates approaching in the near future. [...]
India’s biggest oil firm corporation, Indian Oil reported a drop in its consolidated net profit during its fourth-quarter by 26.36%. This was due to the margin squeeze in petrochemicals and losses in auto fuel sales. The share is currently trading at ₹117.60 on the NSE and ₹117.65 on the BSE. The Company reported a consolidated [...]
Indian Benchmark indices are trading on a weaker side as of Monday. Nifty50 is currently trading at 16,465-16,580 range and Sensex is currently trading at 55,450-55,741. In a weak market, here are a few recommendations given by brokerages for an upside of up to 31%. The CMP recorded is as 06-06-2022. In a weak market, [...]
After the announcement of Ultratech cement to increase their capital expenditure of ₹12,886 crores, in order to increase their capacity by the financial year 2025, the share of cement firms closed low on Friday. UltraTech Cement Ltd announced to increase of 22.6 mpta in its grinding capacity which would be nearly 17% of its capacity [...]
The shares of SEL Manufacturing Company Ltd. gave multibagger returns of 39815.15% in less than one year as its share price surged from ₹ 4.95 to ₹ 1975.80 apiece on the NSE. However, the stock has been hitting a 2% lower circuit for 24 sessions. Further, it was observed that the 52-week high of the [...]
Indian indices started in the green on Monday and surged 1.9% due to strong buying interest in IT, auto and realty stocks amid positive global trends. The Sensex and Nifty advanced close to 2% tracking supportive trends from Asian peers. Further, restrictions were eased in China. The benchmark indices finished a volatile session on Friday [...]
The government has shown its intent for privatization after selling Air India and finding a buyer for Neelachal Ispat. It has set a divestment target of ₹ 65,000 crores for this year. Hindustan Zinc Limited The Cabinet Committee on Economic Affairs has approved the sale of the government’s entire remaining stake in Hindustan Zinc Ltd [...]
The shares of Lesha Industries Ltd., an Ahmedabad based small-cap company have given multi-bagger returns over the previous year. The stock closed at its 52-week high of ₹ 29.05, up a whopping 1,186% from its year-ago price of ₹ 2.33. An investment of ₹ 1,00,00 in Lesha one year ago would be worth ₹ 11,04,002 [...]
The Sensex touched its year high of 61,308 points on 17 January. But the rally did not last long and the markets were in throes of panic selling in the first half of March when it hit its low of 52,842. Another steep climb took the index up 14.70% in a matter of one month [...]
