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 [...]
As per the Global IPO report of Ernst & Young (EY), the year 2021 was the best year in terms of the amount raised for the Indian stock market in the last 20 years. The number of companies which raised funds increased 156% year on year basis to touch 110 figures in 2021, up from [...]
The shares of Deepak Nitrite Limited, a Gujarat based chemical manufacturing company opened 4.40% below at ₹ 1,955.45 from their previous closing price of ₹ 2,045.80 in response to a massive fire that broke out at its facility at Nandesari Industrial Estate yesterday. As of 12:45 IST, the stock was trading at ₹ 1972.35, down [...]
Shares of Reliance Industries Ltd have managed to give positive returns to the investors in a volatile market and are inching closer to their record high of ₹2,855. Its shares hold a weightage of 11.17% in the Nifty50 index. The share is currently trading at ₹ 2,809.80 on the NSE and is up by 3.11% [...]
On Thursday last week, auto components manufacturer, Goodyear India announced a dividend of ₹100 per share for the financial year ended March 31. It has recommended a final dividend of ₹ 20 per share and a special dividend of ₹80 per share. Within a week of this announcement, the shares of the company soared from [...]
LIC is India’s largest insurance company and it was one of the largest IPOs which was subscribed 2.95 times its amount of shares allocated. But it has struggled since its listing on the stock exchange. The company’s market cap has been reduced to ₹5.11 lakh crores from a market cap of ₹5.99 lakh crores from [...]
Holding dividend stocks in your Demat account can help you receive passive income even when the markets are bearish. While buying the stocks for dividends, an important metric to look at is the dividend yield of the company. It is also important to note, that if investors want to receive dividends on certain shares, then [...]
The shares of Zenith Steel Pipes & Industries Ltd gave multibagger returns of 730.44 % in the past six months as their share price surged from ₹ 1.15 to ₹ 9.55. This means that if ₹1,00,000 was invested in the shares of the company six months ago, the value of the holdings would have been [...]
Textile Manufacturer Trident Limited has reported a 137.1% jump in consolidated net profit to ₹ 181.25 crores for the fourth quarter ended March 2022. The company had clocked a net profit of ₹ 76.45 crores during the January-March quarter of 2020-21. During the quarter under review, the company’s net sales rose to ₹1,869.85 crores from [...]
