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 [...]
In business and finance, an order book is a complete record of a company's current and projected future orders for products or services. It gives critical information about the company's operational health, financial stability, and growth possibilities by outlining the number, value, and nature of client contracts or commitments. Monitoring an order book enables stakeholders, [...]
The Relative Strength Index (RSI) is a common technical indicator used by traders to determine if a stock is in an overbought or oversold zone. The RSI oscillates between zero and 100, and when it is above 70, the stock is considered overbought, and when it is below 30, the company is considered oversold. Trading [...]
Shares of this Adani Group stock were in focus after the company received a work order from Rajkot Municipal Corporation ranging between Rs 75 to Rs 85 crores. In the past six months, the company’s stock has delivered returns of nearly 60 percent to its stakeholders. With a market capitalization of Rs 1.11 lakh crores, [...]
IT Stock which is the leading distribution technology company globally and the largest Software as a Service (SaaS) provider for the hospitality industry jumped 9 percent upon the announcement to lend its services to Hotelkey. With a market capitalization of Rs. 9,570 Crores, the shares of RateGain Travel Technologies Limited were trading at Rs. 813, [...]
The shares of visa consultancy services providers gained up to 5 percent after the company’s net profit and revenue increased 89 percent YoY and 7 percent QoQ, respectively in the third quarter. With a market capitalization of Rs 15,234.41 crore, the shares of BLS International Services Ltd closed at Rs 370.00 per share, increasing around [...]
Shares of this multibagger stock under the ‘small-cap’ category traded in the green in Tuesday’s trading session after the company announced financial results for the quarter ended December 2023. In the past six months, the company’s stock has gained more than 40 percent for its stakeholders. With a market capitalization of Rs 3,207.42 crores, the [...]
Navratna Central Public Sector Enterprise engaged in the business of implementing various types of Rail infrastructure projects jumped 10 percent in the day’s trade upon receiving a work order worth Rs. 106.37 Crores With a market capitalization of Rs. 50,843 Crores, the shares of Rail Vikas Nigam Limited were trading at Rs. 244.05, up 6.20 [...]
The shares of the specialty chemicals manufacturer fell up to 9 percent after the company’s net profit and revenue decreased by 430 percent and 25 percent YoY, respectively in the third quarter. With a market capitalization of Rs 7,020.07crore, the shares of Chemplast Sanmar Ltd were trading at Rs 444.00 per share, decreasing around 2.65 [...]
Shares of this microcap company clocked 5 percent upper circuit in Tuesday’s trading session after reporting an increase in net profits by 265 percent. The shares have delivered a multibagger return of 121 percent to its shareholders in six months. With a market capitalization of Rs. 64.1 crores, the shares of Unique Organics Ltd started [...]