The stock of FMCG major ITC Limited has acquired lustre in recent times. The shares climbed to their near 3-year highest levels to ₹ 282.35 apiece on 20th May 2022. In fact, ITC is the best performing stock in the Nifty 50 index with an increase of 21.61% on a year to date basis. The [...]
The war between Ruia and Ukraine has severely disrupted the global economy. Due to this, the countries importing oil and natural gas are at the receiving end because of their energy import dependency. India is under stress because of the energy import constraints and western sanctions against Russia. India is deficient in oil and natural [...]
The shares of Kohinoor Foods Limited have given multibagger returns of 372.26% in less than two months. The shares were trading at ₹ 7.75 on April 6, 2022, and they are currently locked at ₹36.60 apiece, giving multibagger returns of 372.26% in less than two months. The shares of the company have been hitting the [...]
As Tesla Inc continues to struggle in getting its production at the China facility back to normalcy, the company shares took a dive once again on Tuesday. The share had reached a 52-week high of $ 1243.49 on 4th November 2021. The shares have been continuously falling after its quarterly results are currently trading at [...]
The shares of most IT companies like TCS, Infosys and Wipro, tanked this year; but Tech Mahindra is the worst-performing stock on a year-to-date basis. The Indian markets are mostly in the red due to the impacts of the Russia Ukraine War and the fear of a looming lockdown, due to the situation in China. [...]
The Nifty Pharma index tanked 5.20% in the past three days and is currently at 12,553.70 points. Divi’s Laboratories is a major constituent of this index and has a weightage of 12.94% as per April 29, 2022’s data. Despite stellar results in the March quarter, the shares of Divi’s Laboratories slipped by more than 21% [...]
Indian markets started Wednesday’s trades with gains but benchmark indices slipped and closed in the red by the closing bell on Wednesday. The thirty share index closed at 53,749.26, down 0.56% and the fifty-share index closed at 16,025.80 points, down 99.35%. IT auto and metal shares dragged the headline indices lower, but gains in the [...]
HDFC Securities has a buy call on the shares of Sobha Limited with a target price of ₹902. The shares are currently trading at ₹ 500.00 levels. This indicates an upside of 80.4%. Sobha Ltd. reported the highest-ever annual presales of 4.9 million square feet (msf) (+22% YoY), valued at ₹ 38.7bn. Bengaluru accounted for [...]
The shares of Info Edge (India) Ltd plummeted 5.20% to reach a fresh 52-week low of ₹ 3320 apiece on Wednesday’s early trades. They hit their previous 52-week low just two weeks ago on 6th May 2022. The shares changed 4,38,391 hands by 11:55 AM. Info Edge (India) Ltd. is a premier online classifieds company [...]
Indiabulls Real Estate Ltd has been one of the worst-performing stocks in the BSE 500. The share had reached a 52-week high of ₹ 195.90 on 9th October 2021 and a 52-week low of ₹ 68.40 on 11th May 2022. The stock has given a negative return of 56.83% on a year-to-date basis. Rakesh Jhunjhunwala [...]
