After three days of fall, the Nifty recovered well and moved in positive territory throughout the day. The broader market excelled, rising more than 2%. All sectors ended in the green, with the leading gainers being oil and gas, pharmaceuticals, and metals. At close, the Sensex was up 874 points or 1.1% at 79,468.01 and [...]
The shares of this small-cap company engaged in providing software solutions hit a 10 percent upper circuit to Rs.366.2 after receiving an order from Transport Canada’s Aircraft Services Directorate (ASD). Share price movement The shares of Ramco Systems Ltd. hit a 10 percent upper circuit in Wednesday’s trading session closing at Rs.366.2 per share from [...]
The Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi, with the primary purpose of investing funds on behalf of the government of Abu Dhabi to generate long-term financial returns and ensure economic stability for the emirate. As of Q1FY25 Abu Dhabi Investment Authority publicly holds ~24 [...]
The Benchmark Indices concluded Wednesday's trading session positively, with the Sensex rising by 874.94 points, or nearly 1.11 percent, ending the day at 79,468.01. Meanwhile, the Nifty 50 index increased by about 304.95 points, equivalent to a gain of nearly 1.27 percent, and closed in the green at 24,297.5. Over the previous five trading sessions, [...]
The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share. A high P/E ratio may suggest that a stock is overvalued, with investors paying more for each unit of earnings growth. Conversely, a lower P/E ratio compared to market averages or industry peers is generally considered advantageous, as it indicates [...]
The shares of this smallcap company surged around 11 percent in Wednesday’s trading session after announcing robust results and bonus shares in the ratio of 1:4. Price Movement: With a market capitalization of Rs. 3,121 crores, the shares of Saksoft Ltd started Wednesday’s trading session on a higher note at Rs. 278.95 compared to its [...]
The shares of the generic pharmaceutical products manufacturer gained up to 8 percent after the company reached a significant milestone by completing Phase 1 Clinical Trial for Recombinant Human Albumin (rHA). Shilpa Medicare Ltd has a market capitalization of Rs 6,950.49 crore, the shares were trading at Rs 708.70 per share, increasing around 7 percent [...]
In Wednesday’s trading session, the shares of a company engaged in various manufacturing activities in the poultry industry hit a 20% upper circuit at Rs. 2,191.4, after reporting financial results for Q1 FY24-25 with a rise in the net profit of 124.5 percent QoQ as well as 287.6 percent YoY. The shares of Venky's (India) [...]
Textile stock engaged in the business of offering casual, comfortable and stylish wardrobe solutions for multiple occasions jumped 17 percent in the day’s trade upon posting robust Q1FY25 results Price Action With a market capitalization of Rs. 1,212 Crores, the shares of Credo Brands Marketing Limited were trading at Rs. 187.15 per equity share, up [...]
The shares of this smallcap company locked a 10 percent upper circuit after receiving 1.2 MW Solar Energy Storage and Grid-Connected Systems orders from the Rural Development Department and UPNEDA. Price Movemnet: With a market capitalization of Rs. 2,791 crores, the shares of Servotech Power Systems Ltd started Wednesday’s trading session on a flatter note [...]
