On Wednesday, shares of one of India's leading full-service retail broking firms surged by 6.6%, reaching ₹2,406.35 per share, after the company's cash turnover market share rose to 17% on May 24. At 11:10 a.m., the shares of Angel One Ltd were trading at ₹2,345.95 on the National Stock Exchange, reflecting a 3.93% increase from [...]
Shares of this microcap company clocked a 5 percent lower circuit in Wednesday’s trading session despite receiving an order from Paradip Port Authority worth Rs. 47 lakhs. The shares have delivered around 50 percent to its shareholders in one year. With a market capitalization of Rs. 100 crores, the shares of Ahasolar Technologies Ltd started [...]
On Wednesday, the shares of India's first listed exchange gained up to 5 percent after Foreign Institutional Investors bought an additional 4.97 lakh equity shares worth Rs 159.8 crore. With a market capitalization of Rs 17,538.85 crore, the shares of Multi Commodity Exchange Of India Ltd. were trading in green at Rs 3,433.75 per share, [...]
A company’s revenue is the total amount of money generated by its regular business operations and is computed by multiplying the average sales price by the number of items sold. It is also referred to as sales and is displayed on the top-line section of any company’s income statement. Following are the four stocks that [...]
Incorporated in 1995, shares of this microcap company are in the business of Engineering, Procurement, and Construction/ Commissioning (EPC) contractors and are engaged in the business of offering a full range of EPC services in India and abroad. With a market capitalization of Rs. 246. crores, the shares of Konstelec Engineers Ltd started Wednesday’s trading [...]
It is a small cap company with a market capitalization of ₹ 42,368 crore. At 9:20 a.m., the company shares were trading at ₹282 a share, a increase of 1.67 percent from the previous closing price on the stock exchange. Petronet LNG Ltd was formed to develop, design, construct, own, and operate Liquefied Natural Gas [...]
As the vote counting proceeded on Tuesday, the Indian stock market took a sharp downturn, with the fall of Sensex and Nifty indices. The market witnessed intense selling pressure, while the Sensex dropped by 8.15 percent, and the Nifty 50 index dropped by 8.5 percent to 21,281.45 points. With the market in a state of [...]
The ongoing vote counting for elections has caused significant volatility in the stock market. Monday's morning trading session saw the biggest gap-up opening in four years for the Nifty, which rose 3.6 percent to 23,338.7 points. However, as the vote counting proceeded on Tuesday and the NDA-led government seemed to be achieving less than the [...]
Beta measures a stock's volatility in relation to the stock market as a whole. A beta of 1 indicates that the stock's price moves in line with the market. A beta less than 1 suggests the stock is less volatile than the market, while a beta greater than 1 indicates the stock is more volatile. [...]
FMCG, Pharma, and Consumer Durables companies are often referred to as defensive stocks due to their characteristics that make them resilient during economic downturns or periods of market volatility. These stocks are considered defensive because they tend to maintain stable demand for their products regardless of economic conditions. This stable demand for their products ensures [...]
