The shares of this newly listed integrated dental products company came into focus after Nuvama initiated coverage with an upside potential of 28 percent. Stock Performance With a market capitalization of Rs 2,440.59 crore, Laxmi Dental Ltd fell 3 percent in Tuesday’s trading session to an intraday low of Rs 432.65 per share compared to [...]
The “200-day moving average” (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days, which helps smooth out daily price fluctuations and provides a clearer picture of the overall trend. One of the primary reasons the 200-day [...]
When looking for fundamentally strong midcap stocks, the Piotroski Score can be very helpful. A high Piotroski Score tends to indicate companies that are financially strong and have good fundamentals. Here's a list of midcap stocks with a Piotroski Score of up to 9 that you may want to keep on your watchlist. GE Vernova [...]
Larsen & Toubro (L&T) is India’s leading engineering and construction company, specializing in EPC projects, high-tech manufacturing, and services. Its core operations span across infrastructure, heavy engineering, defense engineering, power, hydrocarbons, and various service-based businesses. Stock Performance With a market capitalization of 4.8 lakh crores, the shares rose to an intraday high of Rs 3,519 [...]
Thangamayil Jewellery Ltd, engaged in the business of manufacture and sale of gold, diamond and silver articles. The company has an established manufacturing unit in Madurai and an operating area of around 78,000 square feet across 54 showrooms. Its branches in southern and western districts include Madurai, Sivakasi, Ramnad and Tuticorin among many others. Stock [...]
This small-cap defence stock is engaged in manufacturing defence and aerospace products, supplying explosives, and providing services to important sectors such as defence, space, and mining industries, in focus after the company is trading at a discount of more than 63 percent. Stock Price Movement: With a market capitalization of Rs. 1,824.65 crores, the share [...]
Book value is generally the value of a company based on its balance sheet. It reflects the net worth of a company based on its accounting records and is often used to identify whether a stock is overvalued or undervalued as compared to its market price. The formula to calculate book value is simply deducting [...]
The Indian hydropower industry is undergoing remarkable changes, with NHPC Limited and SJVN Limited emerging as prominent players. The recent 'Navratna' status being given to both entities highlights their increasing significance and potential in the energy sector. Company Overview NHPC is India's premier hydroelectric power generation firm, mainly involved in generating and marketing bulk power [...]
The shares of this leading manufacturer of Power, Furnace and Rectifier Transformers came into focus after the management gave revenue guidance and an order inflow target of Rs 8,000 crore for FY26. Stock Performance With a market capitalization of Rs 16,058.87 crore, Transformers and Rectifiers (India) Ltd went up nearly 5 percent in Friday's trading [...]
PE ratio stands for Price-to-Earning ratio. It helps us to ascertain the fair value of a company’s stock. While there is no fixed saying whether if a high PE or a low PE is good, it is always advisable to look at their respective industry PE because that as a whole helps in developing an [...]
