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EV stock hits 5% upper circuit after company’s net profit increases by 260% YoY

EV stock hits 5% upper circuit after company’s net profit increases by 260% YoY

EV stock engaged in the business of providing end-to-end solutions for the manufacturing, procurement, and distribution of advanced EV Chargers, solar systems, and many more hit a 5 percent upper circuit in the day’s trade upon declaring robust Q2FY25 results with a 260 percent jump in Net Profits.  Price Action  With a market capitalization of [...]
Cement stock jumps 8% after 16% stake of the company exchange hands

Cement stock jumps 8% after 16% stake of the company exchange hands

Shares of this small-cap company, which operates in cement, textiles, and software solutions, jumped nearly 8 percent on Tuesday after 14.1 million shares representing 16.2 percent of the company's equity were traded in two large block deals, according to Bloomberg data.  Share Price Movement  During Tuesday’s trading session, Ramco Industries Ltd's share price increased by [...]
Chemical stock jumps 6% after reporting 50% QoQ increase in net profit 

Chemical stock jumps 6% after reporting 50% QoQ increase in net profit 

Shares of this small-cap Chemical stock surged nearly 6 percent on Tuesday, following the company’s significant 50 percent QoQ rise in net profit and robust revenue growth in its latest quarterly results.  Share Price Movement  During Tuesday’s trading session, Sumitomo Chemical India Ltd's share price increased by 5.9 percent, reaching an intra-day high of Rs.544.70 [...]
Defence stock hits 5% upper circuit after receiving $45.2 Mil order from US based company

Defence stock hits 5% upper circuit after receiving $45.2 Mil order from US based company

The shares of this defence company hit 5 percent upper circuit of Rs 322.10 per share after the company’s subsidiary bagged a significant work order for $45,199,440.  With a market capitalization of Rs 3,587.76 crore, DCX Systems Ltd's shares were trading at Rs 322.10 per share, increasing around 5 percent from the previous closing price [...]
Bank stock to buy now for an upside of 60%; Do you hold it?

Bank stock to buy now for an upside of 60%; Do you hold it?

The Private Sector Bank industry in India is witnessing significant growth, with a 20% increase in deposits as of FY24, holding 34% of the total scheduled commercial bank deposits. The sector comprises 21 banks, contributing to a robust retail credit market projected to grow at over 8% CAGR from 2024 to 2029.  With a market [...]