Multinational companies (MNCs) sell stakes in their Indian entities for reasons like debt reduction or capital raising, driven by factors such as intense industry competition. This move also enables MNCs to optimize their capital structure, gain more control over the Indian unit by delisting from the stock exchange, and attract new investors or partners for [...]
A company is said to be ‘fundamentally strong’ when it portrays certain characteristics such as strong and consistent financials, low leverage ratios, and many more. Listed below are four such fundamentally strong stocks under Rs 100 with net profit margin (NPM) of up to 70 percent that one should add to their watchlist: DRC Systems [...]
Money makes the world go round, so the old saying goes. Cash is king, there’s another classic. Let’s be clear from the outset here, money matters and the role or importance of cash is still something that cannot be denied. Personally, as much as I am no luddite in terms of digital or online transactions, [...]
Software development is one of the fastest growing fields in the last decade and it's an increasingly required qualification that suits a range of disciplines, roles, and structures. Some industry tendencies can help you make an immediate investment in skills. Coding is one of them. Given that many future jobs will depend on these abilities, [...]
Revenue, often regarded as the lifeblood of a business, is the total income generated by a company through its primary operations, services, or products within a specific period. It encompasses various streams, including sales, services, licensing, and other business activities. Understanding and optimizing revenue is crucial for a company's financial health, growth, and sustainability, making [...]
The shares of the company, a prominent health and hygiene brand in India gained traction this week following a 36% upside by Kotak Institutional Equities. On Wednesday, Eureka Forbes Ltd shares were trading at ₹500 per share, up 1.46 percent from the previous close on the Bombay Stock Exchange. The company has a market capitalization [...]
On Tuesday’s trade, a penny stock jumped by 20 percent after receiving an eligibility certificate worth ₹11.14 crore incentive under the Package Scheme of Incentives 2019 (PSI) by the government of Maharashtra in favour of Resgen Ltd. With a market capitalization of ₹172 crore, Resgen Ltd. stock rose by 20 percent from its previous close [...]
On Tuesday, a multibagger stock hit a 5 percent upper circuit after receiving a work order from Navayuga Engineering Company Ltd. (NECL). With a market capitalization of ₹384 crores, Kore Digital Ltd.'s stock hit a 5 percent upper circuit at ₹1,093.65. The company has delivered a multibagger return of 444.10 percent in one year. Kore [...]
Shares of this multibagger IT stock jumps after its subsidiary company becomes the first company in India to receive a DGCA-Type certification for a Logistics Drone, the “CargoMax 500HE”. In the past month, the company’s stock gained nearly 25 percent for its stakeholders. With a market capitalization of Rs 7,141.89 crores, the stocks of Magellanic [...]
Multibagger defence stock engaged in the design, development, and assembly of custom-built electronics and electro-mechanical solutions and many more for aerospace, defence, and others in focus after it lays the foundation stone and roadmap for a new defence manufacturing facility with an investment of Rs. 210 Crores. With a market capitalization of Rs. 3,480 Crores, [...]
