Infra stock engaged in the business of providing EPC services jumped 11 percent in the day’s trade following the release of its Q3FY24 results with a 56 percent jump in its Net Profit. With a market capitalization of Rs. 6,604 Crores, the shares of Ahluwalia Contracts (India) Limited were trading at Rs. 985.85, up 9.27 [...]
Shares of this large-cap Navratna CPSE company jumped approximately 2 percent in Wednesday’s trading session after the company secured an order worth Rs 2,167.47 crores. In the past six months, the company’s stock has gained nearly 40 percent for its stakeholders. With a market capitalization of Rs 1.31 lakh crores, the stocks of Bharat Electronics [...]
Shares of this small-cap company jumps up to 4 percent in Wednesday’s trading session after announcing a stock split in the ratio 1:2. The shares have delivered a multibagger return of 119 percent to its shareholders in one year. With a market capitalisation of Rs. 3,298 crores, the shares of Bharat Bijlee Ltd started Wednesday’s [...]
Shares of this microcap company clocked 5 percent upper circuit in Wednesday’s trading session after entering into a revenue-sharing agreement with BSNL. The company was recently listed in November 2023, on NSE SME, the shares were listed at Rs. 105 per share, 90.9 percent higher than the issue price of Rs. 55. With a market [...]
When talking about gold, it is argued that over time, gold has been a metal that had a certain sort of attractiveness, especially in the world of investing. It seemed to be shiny, it was valuable and it was often viewed as a good investment in troubled times. But when it comes to investing in [...]
The shares of a leading manufacturer of heavy-duty mechanical seals rose to 6 percent to ₹796 per share after receiving a certification from Russia to supply seal systems to the oil and gas industry. At 11:25 a.m., On the Bombay stock exchange, Sealmatic India Ltd shares were trading at ₹780.05 per share, up 4.03 percent [...]
The shares of one of the largest optic fiber network providers gained up to 5 percent after the company received a work order for design, development, operation, and maintenance worth Rs 139.73 crore. With a market capitalization of Rs 12,040.00 crore, the shares of Railtel Corporation of India Ltd were trading at Rs 375.35 per [...]
Shares of this microcap company jumped around 3 percent in Wednesday’s trading session after reporting an increase in net profits by 49 percent YoY. In one year, the shares have delivered around 10 percent returns to its shareholders. With a market capitalisation of Rs. 593 crores, the share of Shree Pushkar Chemicals & Fertilizers Ltd [...]
‘Defensive stocks’ are the ones that provide constant returns regardless of the fluctuations in the stock market. The shares tend to remain stable during various business cycles due to the constant requirement of the products of the company. Defensive stocks generally include stocks under the FMCG, pharmaceutical, healthcare, etc. Listed below are four stocks in [...]
India has been traditionally quite strong in the pharma sector, with a low cost of manufacturing i.e., 30 percent- 35 percent lower than in the US and Europe, cost-efficient R&D, about 87 percent less than in developed markets, and cheap skilled labor. This makes India the top manufacturing hub for pharmaceuticals Here are some pharmaceutical [...]
