by Trade Brains | Feb 13, 2024 | 11:03 am | News, Stock Updates
Financially strong stocks are generally referred to as stocks of companies showcasing consistent levels of revenues and profits, low leverage ratios, and many more. Listed below is one such financially strong company that one could add to their watchlist for a potential upside of up to 55 percent: Ashoka Buildcon Limited With a market capitalization [...]
by Trade Brains | Feb 13, 2024 | 9:52 am | News, Trending News
The company received a buy call for a 65 percent potential upside from a brokerage firm due to its industry-leading growth and EBITDA Margin. The stock opened at Rs. 1,575.05 on Tuesday, while its previous closing price was Rs. 1,588.90. HDFC Securities has a ‘buy’ rating on Stylam Industries with an unchanged target price of [...]
by Trade Brains | Feb 12, 2024 | 5:34 pm | News, Trending News
This microcap stock, which manufactures and sells customised textile machinery and parts, jumped 9.39% in day trade hours after receiving a Rs. 2.8 crore order from Meda Carpet in Saudi Arabia and Slutsk Belts in Belarus. With a market capitalization of Rs. 55 Crores, the shares of Meera Industries Limited were trading at Rs. 52, [...]
by Trade Brains | Feb 12, 2024 | 5:30 pm | News, Trending News
This microcap stock, which trades mobiles, electronic products, fashion accessories, and services, dropped 13.37% in day trade hours after partnering with a distributor. With a market capitalization of Rs. 216 Crores, the shares of Palred Technologies Limited were trading at Rs. 176.60, down 13.37% from its previous day’s close price of Rs. 203.85. The stock [...]
by Trade Brains | Feb 12, 2024 | 4:52 pm | News, Trending News
Green energy stocks are investments in companies that generate power from renewable energy sources, such as solar, wind, hydropower, biomass, bioenergy, geothermal, and ocean energy. Increasing environmental concerns, government support, and massive investments in the renewable energy sector in India are making it an attractive avenue for investors. Top conglomerates in the space are running [...]
by Trade Brains | Feb 12, 2024 | 4:42 pm | News, Stock Updates
The shares of the largest two-wheeler manufacturers gained up to 1.4 percent after the company’s net profit and revenue increased up to 51 percent and 20 percent YoY, respectively in the third quarter and declared an interim dividend of Rs. 100 per equity share for the fiscal year 2023-24. With a market capitalization of Rs [...]
by Trade Brains | Feb 12, 2024 | 4:35 pm | News, Trending News
This microcap software stock specializing in SaaS products for solar companies to streamline processes jumped 4% in day trade hours upon receiving an order from the India Smart Grid. With a market capitalization of Rs. 139 Crores, the shares of Ahasolar Technologies Limited were trading at Rs. 454.05, up 2.05% from its previous day’s close [...]
by Trade Brains | Feb 12, 2024 | 3:49 pm | News, Trending News
The shares of the Heavy Engineering Equipment manufacturer hit 5 percent upper circuit after the company’s net profit and revenue jumped by 531 percent and 38 percent YoY, respectively in the third quarter. With a market capitalization of Rs 1,448.91 crore, the shares of Oriental Rail Infrastructure Ltd were trading at Rs 268.80 per share, [...]
by Trade Brains | Feb 12, 2024 | 3:31 pm | News, Trending News
Auto Ancillary stock engaged in the business of manufacturing and supplying automotive components to players like KTM, Triumph, TATA Motors and many more jumped 6 percent in the day’s trade, upon receiving an order and signing a strategic alliance agreement with a Japanese company. With a market capitalization of Rs. 9,546 Crores, the shares of [...]
by Trade Brains | Feb 12, 2024 | 3:20 pm | News, Trending News
Shares of this IT company jumped around 8 percent in Monday’s trading session after receiving a project worth Rs. 90.02 crores from BSNL. The shares have delivered more than 50 percent returns to its investors in one year. With a market capitalisation of Rs. 986 crores, the shares of Dynacons Systems and Solutions Ltd started [...]
