Textile stock engaged in offering a range of women's apparel, including Kurtis, sarees, and dress materials jumped 5 percent in the day’s trade upon declaring robust Q1FY25 results with a 43 percent jump in Net Profits. Price Action With a market capitalization of Rs. 656 Crores, the shares of Saraswati Saree Depot Limited were trading [...]
Shares of a leading consumer electrical company in India with a strong presence in Fast Moving Electrical Goods (FMEG) surged by 2 percent on BSE to Rs. 1,559.85 during the trading session of Tuesday. With a market capitalisation of Rs. 17,610.3 crores, at 10:08 a.m., the shares of R R Kabel Limited were trading in [...]
India's food industry, worth $400 billion, is among the world's largest, contributing over 10% to the country's GDP. It employs about 60 million people and includes agriculture, manufacturing, and retail. With a projected 12% CAGR growth, the sector is fueled by increasing demand and innovation. In 54th GST Council Meeting on Monday, Finance Minister Nirmala [...]
When years of historical data are available, time series analysis is an effective forecasting technique used in business. This strategy identifies long-term, cyclical, or seasonal trends based on prior business performance. Businesses that use additive or multiplicative models can more accurately forecast future trends. This strategy is simple to implement and gains reliability over time, [...]
Price to Book Value (P/B ratio) is a financial metric that compares a company's market value to its book value, indicating how much investors are willing to pay for each dollar of net assets. A lower P/B ratio may signal undervaluation, while a higher ratio suggests potential overvaluation relative to the company's assets. Here are [...]
India’s Second largest private commercial port operator engaged in the business of developing, operating, and maintaining port and other infrastructures jumped 3 percent in the day’s trade upon approving capex plans worth Rs. 2,359 Crores. Price Action With a market capitalization of Rs. 65,458 Crores, the shares of JSW Infrastructure Limited were trading at Rs. [...]
With a market capitalization of Rs 6.87 lakh crores, the stocks of Hindustan Unilever Limited (HUL), a fast-moving consumer goods manufacturer and marketer selling beauty and personal care items, etc, soared up to 3.50 percent to hit its 52-week high level of Rs 2,937.50 on Monday. On June 21st, 2024, Trade Brains initiated coverage on [...]
The shares of this smallcap compnay jumped upto 3 percent in Monday’s trading session after receiving an order worth Rs. 168 crores from an Italy-based compnay for the Hail & Ghasha Development Project of Abu Dhabi National Oil Company in the United Arab Emirates. Price Movement: With a market capitalization of Rs. 9,830 crores, the [...]
The Fast-Moving Consumer Goods (FMCG) companies manufacture and distribute essential consumer products that are sold quickly at relatively low costs. These products include food and beverages, personal care items, cleaning products, and other household goods, which are typically consumed or replaced frequently, making them essential to everyday life. CRISIL forecasts 7-9 percent revenue growth for [...]
One of the leading healthcare groups in India engaged in providing multi-disciplinary integrated healthcare services, in focus following acquisition and expansion of new hospital in Kerala. Price Action With a market capitalization of Rs. 21,008 Crores, the shares of Krishna Institute of Medical sciences Limited were trading at Rs. 2,625 per equity share, down 1.16 [...]
