FMCG stock engaged in the business of trading milk, live poultry, fresh meat products, and other FMCG goods hit a 2 percent upper circuit in the day’s trade following the expansion of manufacturing capacity. Price Action With a market capitalization of Rs. 189 Crores, the shares of Healthy Life Agritec Limited hit a 2 percent [...]
The shares of the leading manufacturers of PVC & UPVC gained up to 9 percent after the company bagged three prestigious work orders from domestic clients for Rs 9.76 crore. With a market capitalization of Rs 416.73 crore, the shares of Dhabriya Polywood Ltd were trading at Rs 385.00 per share, increasing around 6 percent [...]
This Microcap Pharma stock which deals in the business of pharma formulations under its own brands, loan license, and contract manufacturing model is in focus after the acquisition of 51% stake approval of Trident Mediquip. Price Action With a market capitalization of 310.48 Crores on Tuesday, the shares of Trident Lifeline Ltd fell by 1.82 [...]
Transformer stock engaged in the business of manufacturing, upgrading, and renovating various types of transformers jumps 3 percent in the day’s trade upon being approved as a vendor for the supply of power and distribution transformers to the Kerala State Electricity Board. Price Action With a market capitalization of Rs. 555 Crores, the shares of [...]
The shares of leading electronics manufacturing services provider gained up to 5 percent after the company signed a definitive agreement with Whirlpool. With a market capitalization of Rs 27,574.74 crore, the shares of PG Electroplast Limited were trading at Rs 975.05 per share, increasing around 2.22 percent as compared to the previous closing price of [...]
The Non-Banking Financial Company (NBFC) sector in India plays a significant role in providing financial services, particularly in underserved markets where traditional banks may not be present. NBFCs offer various financial products, including loans, investments, and insurance, catering to a diverse customer base. With rapid urbanization, digitalization, and increasing demand for credit, the NBFC sector [...]
A golden crossover is used in technical analysis of financial markets to describe a bullish move that occurs when a shorter-term moving average crosses above a longer-term moving average. The most common moving averages used are the 50-day moving average (short-term) and the 200-day moving average (long-term). This crossover is considered a positive signal, indicating [...]
With social trading and investment applications now widely available, the barrier to entry has been lowered dramatically for those wishing to start investing. However, while the act of buying and selling may be easier than ever before, with new investors now taking an interest in everything from forex to cryptocurrency, markets remain as complex as [...]
The GST Council has raised the Goods and Services Tax (GST) on old and used vehicles from 12 percent to 18 percent. This increase applies to businesses selling these vehicles at a margin and claiming depreciation, while individual transactions remain taxed at the lower 12 percent rate. The hike covers all used vehicles, including electric [...]
In Monday’s trading session, the shares of one of the leading engineering stocks specialised in the manufacturing of high-precision tools, dies, and molds jumps upto 2 percent upon receiving new work order worth Rs. 1.35 crores from CTM India Ltd, Mutual Engineering & Plastic Molds, and others. Price action With a market capitalization of 429.86 [...]
