The shares of the leading infrastructure company hit 5 percent upper circuit after the company bagged significant work orders from Ceigall India Limited for Rs 302.82 crore. With a market capitalization of Rs 564 crore, the shares of IL&FS Engineering & Construction Co Ltd were trading at Rs 41.05 per share, increasing around 5 percent [...]
Now that Google has reversed its policy on blockchain technology, the cryptocurrency market has a lot of excitement built into it. This might just be the golden moment for investors to find the best crypto to buy now because experts believe that by 2025, the blockchain will take off, and this anticipation is based on [...]
The pharmaceutical sector stands out as one of the most resilient and growth-oriented industries, especially when compared to other sectors. While global economic conditions can create volatility in various industries, the pharma sector consistently demonstrates strong performance due to the constant demand for healthcare and medical products. The global pharmaceutical market was valued at approximately [...]
The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 226.59 points ending the week at 78,699.07 and the Nifty 50 index gaining around 63.20 points ending the week at 23,813.40. In the last five trading sessions, the Sensex declined by approximately 0.31 percent or 104.64 points while the Nifty 50 [...]
A company with a 5-year CAGR greater than 50 percent and a net profit margin of 30 percent indicates strong growth and profitability over time, making it an attractive investment. When such companies trade close to their 200-day moving average (MA), it signals a potential trend reversal or continuation. The 200-day MA is a widely [...]
Shares of this Navratna Defence company, active in Project Management Consultancy, Engineering Procurement & Construction, and Real Estate, are currently trading at a 34 percent discount with an order book of Rs.84,400 crore. Recently, the company secured Rs.368 crore in orders from the Power Grid Corporation (PGC), Varanasi Development Authority, and IIT Roorkee, which contributed [...]
A bonus issue refers to the allocation of additional shares to existing shareholders at no extra cost, typically based on their current holdings. Companies utilize this method to reward shareholders, enhance liquidity, and reflect financial health, converting retained earnings into share capital instead of distributing cash dividends.. Here are the stocks that are issuing bonuses [...]
Semiconductor stock which is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer in focus following revenue guidance of Rs. 9,000 Crores and capex of Rs. 4,800 Crores. Price Action With a market capitalization of Rs. 45,217 Crores, the shares of Kaynes Technology India Limited closed at Rs. 7,063.95 per equity share, up 0.32 percent [...]
The consumer electronics sector in India is rapidly expanding, valued at USD 60 billion in 2023 and projected to reach USD 68 billion in 2024, marking a 13% growth rate. With smartphones leading the market and over 170 million units shipped in 2023, the sector is poised for significant advancements driven by technological innovation and [...]
According to the moneycontrol, India's coal sector remains a cornerstone of its energy landscape, achieving a production of 411.62 million tonnes (MT) by September 2024, marking a 5.85% growth from the previous year. Coal India Limited, the largest producer, contributed 311 MT, underscoring the sector's resilience amid challenges. With a market capitalization of Rs 2.34 [...]