Triveni Turbine, a mid-cap company that manufactures and supplies power-generating equipment and solutions has announced a ₹ 190 crore buyback. Buybacks are tax-efficient ways to return money to shareholders. Companies buy their own shares to improve their ratios or if they believe that the markets have discounted their shares deeply. The company’s board in a [...]
The shares of Adani Enterprise were trading in green till the afternoon on Friday at Rs 3,616 levels. In the past five days, the stock has gained approximately 9 percent. In the past four months, the stock has appreciated by 62 percent. In January 2022, the stock was trading at Rs 1,717 a piece. From [...]
Redington Ltd, a company that distributes products of Apple in India reported a 26% jump in its profit for the September quarter (Q2FY23). As a result, its share price has climbed 16% in the past two days. Redington's shares were trading at ₹ 157.25 apiece, up 6.39%, at 12:39 PM on Thursday. Redington is a [...]
The stock of Axiscades Technologies Ltd. has gained 19.77% in the past five days. It hit a fresh 52-week high of ₹ 303.70 per share on Thursday’s early trades. The present price level gives the Bangalore-headquartered company a market cap of Rs. 1,084 crores making it a small-cap company. Axiscades Technologies is a leading product [...]
The Indian markets ended in red ahead of the US Federal Reserve meeting outcome later tonight. The BSE Sensex ended 215 points lower at 60,906. The broader index NIfty50 lost 62 points to settle at 18,083. Amid the volatile markets, here are two stocks that hit 52 weeks high after strong Q2 results: Sun Pharmaceutical [...]
There might be a huge sell-off in November on Dalal Street as a large supply of recently-listed companies will see their lock-in periods ending this month. The list has even high-profile names such as Paytm’s One 97 Communications, Nykaa’s FSN E-commerce, and PolicyBazaar’s parent PB Fintech. The IPO lock-in period is the time span during [...]
Small-cap stocks tend to provide superior returns as compared to mid-cap or large-cap stocks, however, they tend to be very risky. When chosen incorrectly, they have the tendency to wipe away the capital invested. However, a few small-cap companies are fundamentally strong and end up giving multibagger returns in the long run. Investors should always [...]
The shares of Avantel Limited opened at Rs 394 on Monday and climbed up by 15 per cent to reach its new 52-week high of Rs 459.90 in the early trading hours. In the past five days, the stock has climbed up by 25 per cent. In a month, it has climbed up by 4 [...]
A slew of companies is lined up on Monday to declare their quarterly results. Benchmark indices made a strong opening on Monday, extending gains to the third session in a row. The BSE Sensex and the NSE Nifty 50 jumped more than 1 per cent in early trades. Companies declaring their result today include Larsen [...]
The shares of FSN E-Commerce Ventures Ltd Nykaa have reached a new All time low of Rs 975 after it declined by 5 percent till the afternoon on Friday. In the past five days, the stock price has shed approximately 15 percent. In the past month, the stock has shed approximately 22 percent and so [...]
