Investing in undervalued stocks offers an excellent opportunity to maximize returns while keeping risks relatively low. These stocks are usually trading below their intrinsic value, often as a result of market inefficiencies or short-term challenges. Here are three such undervalued companies with high growth guidance: Garden Reach Shipbuilders & Engineers Ltd With a market capitalization [...]
The ICICI Group, or the Industrial Credit and Investment Corporation of India, is one of India's largest and most diversified financial services conglomerates. Established in 1955, the group has played a significant role in the country's economic development by providing a broad range of banking and financial services. ICICI Group publicly holds 259 stocks with [...]
The Indian transformer market is expected to grow at a compound annual growth rate (CAGR) of 4.7 percent between 2024 and 2030, reaching $57.8 billion. One of the primary drivers of the power transformer market is the global increase in power demand. The Central Electricity Authority projects that capital expenditure (capex) in the power transmission [...]
According to PIB, India is a global leader in renewable energy, ranking third in production with 40% of its installed capacity (approximately 160 GW) from non-fossil sources. The country aims for 500 GW of renewable energy capacity by 2030, reflecting its commitment to sustainable development amid a population exceeding 1.4 billion. Here are the renewable [...]
The National Stock Exchange has announced the addition of 45 stocks in the new list of futures and options segment, with notable entrants being Zomato, Varun Beverages, FSN E-Commerce, and many others, available for trading in the F&O segment from November 29 check it out. Adani Energy Solutions With a market capitalization of Rs. 1,05,400 [...]
India's residential and commercial projects industry is experiencing significant growth, with the residential construction market projected to reach USD 189.80 billion in 2024, expanding to USD 272.67 billion by 2029. Concurrently, the commercial real estate sector is expected to grow from USD 40.71 billion in 2024 to USD 106.05 billion by 2029, reflecting a robust [...]
Shares of this solar company surged over 15 percent on Thursday after securing a Rs.33.2 crore solar project contract from the Gujarat Energy Development Agency and Corona Remedies Pvt. Ltd. Share price movement In Thursday’s trading session, Trom Industries Ltd shares reached an intra-day high of Rs.260.00 per share, rising 15.14 from the previous close [...]
The Heavy Electrical Equipment sector in India is pivotal for the energy landscape, contributing significantly to the economy. With an installed power generation capacity of 298,325 MW (conventional) and 143,645 MW (renewable) as of March 2024, the industry is projected to grow by USD 76.24 billion at a CAGR of 14.3% from 2023 to 2028. [...]
During Thursday’s trading session, the shares of the company in the business of manufacturing tea, sugar, chemicals & fertilisers surged nearly 9 percent to Rs. 140 on BSE, after reporting a rise in net profit by nearly 163 percent YoY in Q2 FY25 and terminating demerger. With a market cap of Rs. 398 crores, the [...]
Power stock engaged in the business of providing services for the construction and commissioning of electricity transmission and distribution systems jumped upto 5 percent in the day’s trade following 80 percent jump in Net Profits and forming new JV for expansion purposes. Price Action With a market capitalization of Rs. 297 Crores, the shares of [...]
