PSU Stock primarily engaged in the transmission of Natural gas through pipelines, implementing and operating City Gas Distribution hit a 20 percent lower circuit in the day’s trade following a tariff rate cut by The Petroleum and Natural Gas Regulatory Board. With a market capitalization of Rs. 17,056 Crores, the shares of Gujarat State Petronet [...]
Vijay Kishanlal Kedia's portfolio is one of the most popular in the Indian stock market, both due to his reputation and the historical returns his portfolio has delivered over the years. According to the most recent corporate shareholdings filings, Vijay Kedia publicly holds 16 stocks valued at more than Rs. 1,498.7 crore. The ace investor [...]
Additional Surveillance Measures, popularly known as “ASM” in the capital markets, is a regulatory mechanism that is aggressively implemented by Stock Exchanges for monitoring as well as regulating the trading activities of certain securities. It is designed mainly with the intent to enhance market integrity, protect investors' interests, and mitigate risks in the market. Under [...]
As the earnings season approaches, investors eagerly await the unveiling of fourth-quarter results set to be announced next week. Analysts anticipate insights into companies' financial performance, expecting significant market reactions based on revenue, profit, and strategic outlooks. The outcomes will likely influence market sentiments and investment decisions in the upcoming period. Here is the list [...]
Motilal Oswal Securitie’s recent note suggests that the BJP might secure a third consecutive term with a full majority, citing opinion polls. They noted that BJP's manifesto, “Modi ki Guarantee 2024”, shows the party's confidence in returning to power, avoiding costly freebies that would strain the budget. The 2024 BJP manifesto emphasises broad-based development through [...]
The Indian Benchmark Indices closed in the green on Friday with the Sensex gaining around 600 points and closing at 73,088.33 and the Nifty 50 index gaining 152 points and closing at 22,147. In the last five trading sessions, the Sensex slipped approximately 2.10 percent and the Nifty 50 index slipped around 2.50 percent. Listed [...]
The PEG ratio, which stands for Price/Earnings-to-Growth, compares a company's Price-to-Earnings (P/E) ratio to its expected rate of growth. When the PEG ratio is below 1.0, it suggests that investors may be paying less per unit of earnings growth, making the stock potentially undervalued. Listed below are the stocks across all the market capitalization having [...]
To strengthen the Make in India Initiative and enable Indian consumers to benefit from cutting-edge technology, the Indian government, in March 2024, reduced the import duty on electric vehicles (EVs) from the existing 70-100% to 15% for a span of five years. This strategic move aims to attract foreign automakers, with a particular focus on [...]
When trying to invest in a company with the aim of earning strong and consistent returns, investors must go through fundamental analysis, which covers factors such as net profit, revenue, sales, ratios and much more. Here are three best-performing stocks that can be held to experience a good amount of returns over the next five [...]
In 2023, India's passenger vehicle market was valued at USD 65.1 billion, projected to grow to USD 102.11 billion by 2028 at a CAGR of 9.45%. This growth is driven by factors like increasing demand for electric vehicles, luxury and premium cars, aging vehicles, and a shift towards public transport. The market has seen substantial [...]
