Announces Strategic Equity Dilution, Appoints Prem Prakash as CEO and Neeraj Gupta as AVP Operations • Strategic Equity Dilution: Servotech EV Infra has successfully diluted 6%* equity at a pre-money valuation of Rs. 200 Crores*. This investment will provide crucial resources to propel the company's growth and expansion plans. • Appointment of Prem Prakash as [...]
The ‘Piotroski score’ is a discrete score between ‘0’ and ‘9’ that reflects nine different criterias to determine the strength of a company's financial position. The score, with nine being the best and zero being the worst, is generally used to determine the best value stocks. Listed below are three small-cap stocks with high piotroski [...]
An analyst's target price is a forecasted future value for a stock, reflecting the analyst's perception of a fair market value. This projection considers the company's past performance, as well as its future objectives and strategic plans. Conversely, a lower target price suggests the analyst's belief that the stock is expected to decrease in value. [...]
Shares of this smallcap company fell around 3 percent in Tuesday’s trading session despite receiving LoA for Water supply projects and Sewerage Projects from the Government of Telangana. With a market capitalization of Rs. 7,429 crores, the shares of KNR Constructions Ltd started Tuesday’s trading session on a flatter note at Rs. 273 compared to [...]
The government extended the Countervailing Duty on new, unused pneumatic radial tyres up to July 23, 2024, bringing tyre stocks such as MRF, JK Tyres, and Apollo Tyres into focus. Why is Countervailing Duty imposed? A country levies countervailing Duty (CVD) to counterbalance the price impact of major foreign government subsidies on the products or [...]
Multibagger stock engaged in the business of manufacturing and supplying rubber and steel-based Industrial conveyor belts hit a 5 percent upper circuit in the day’s trade upon receiving a work order worth Rs. 63.29 from NLC India Limited. With a market capitalization of Rs. 143 Crores, the shares of Somi Conveyor Beltings Limited hit a [...]
Green Energy Stock which is a registered channel partner of the Ministry of New & Renewable Energy, is also engaged in the business of execution of turnkey solar PV power plant projects in focus upon receiving a new work order worth Rs. 8.76 Crores for a solar power plant. The shares of Agni Green Power [...]
The shares of this leading manufacturer of sustainable building materials gained 4.7 percent to ₹ 2,827.80 per share on Tuesday after the company acquired a 100 percent stake in five entities for a value of ₹265 crores to expand its product portfolio. At 1:25 p.m., HIL Ltd. shares were trading at ₹2,784.90 a share, a [...]
Shares of this multibagger stock associated with the ‘Textile’ sector hit the 2 percent upper circuit in Tuesday’s trading session after the company’s Board of Directors (BOD) is set to meet in the last week of March 2024 to consider sub-division of equity shares of the company. With a market capitalization of Rs 234.48 crores, [...]
The shares of this leading financial services platform provider fell by 6.5 percent to an intraday low of ₹587.05 per share on Tuesday after Kotak Mahindra Bank sold a 2.1 percent stake in the company. At 12:15 p.m., KFin Technologies Ltd. shares were trading at ₹ 599.15 a share, a 4.63 percent decrease over the [...]
