The shares of this smallcap company surged by around 8 percent in Monday’s trading session after receiving an order worth Rs. 44.49 crores from Larsen & Toubro. Price Movement: With a market capitalization of Rs. 4,453 crores, the shares of Avantel Ltd started Monday’s trading session on a higher note at Rs. 177.23 compared to [...]
The shares of a small-cap company providing technology solutions to the defense, power distribution, and semiconductor industries reached a 5 percent upper price band. This surge in stock price follows the incorporation of its semiconductor subsidiary, aimed at targeting the expanding semiconductor market. Share price movement In Monday’s trading session, the shares of Trident Techlabs [...]
The shares of the coated metal manufacturer gained up to 5 percent after the company achieved a milestone by receiving a contract worth Rs 200 crore from a European client. Manaksia Coated Metals & Industries Ltd has a market capitalization of Rs 518.77 crore, the shares were trading at Rs 69.85 per share, increasing around [...]
This smallcap stock is a leading Indian multinational company specializing in the production of steel and wire ropes. Over the years, it has become one of the world's largest wire rope manufacturers, catering to industries such as oil and gas, mining, construction, and infrastructure. With a market capitalization of Rs.10,837 crore, the share price of [...]
Founded in 1988, this Indian auto ancillary company has established itself as a leading manufacturer of advanced braking systems for two-wheelers. The firm commands approximately 50 pecrent of the Indian market for two-wheeler advanced braking systems, which include products such as brake shoes, disc brake pads, and brake panel assemblies. With a market capitalization of [...]
Indian benchmark indices ended lower on September 27 with Nifty around 26,150. At close, the Sensex was down 264.27 points or 0.31 percent at 85,571.85, and the Nifty was down 37 points or 0.14 percent at 26,179. Here are the five stocks with upside potential of up to 43%; Lumax Auto Technologies Ltd Lumax Auto [...]
Return on Equity (RoE) is a key financial metric that measures a company's profitability in relation to shareholders' equity, and is calculated by dividing net income by average shareholders' equity, expressed as a percentage. This ratio indicates how effectively a company is utilising the capital invested by its shareholders to generate profits. A higher ROE [...]
The Tata Group is a multinational conglomerate and one of India's largest and oldest industrial groups, with interests spanning various sectors including steel, automotive, information technology, telecommunications, chemicals, hospitality, and many others. It is known for its emphasis on ethical business practices, corporate social responsibility, and a strong commitment to community development. One of the [...]
The Information Technology (IT) sector in India is a crucial component of the country's economy, significantly contributing to its GDP and employment. The sector includes a range of companies involved in software development, IT services, consulting, and business process outsourcing (BPO). Moreover, the US Federal Reserve announced a 50 basis point cut in interest rates, [...]
In a world where data fuels innovation, Prabesh Shakya is in charge of transforming the design and implementation of machine learning systems. As a Principal Solutions Architect in high demand, Prabesh has earned a reputation for his forward-thinking methods in developing machine learning solutions that tackle today’s challenges while also looking ahead to future needs. [...]