Qualified Institutional Placement (QIP) is defined as the allotment of securities by publicly listed companies in India to Qualified Institutional Buyers (QIBs) on a private placement basis. This method allows companies to raise funds more quickly and with less regulatory burden compared to traditional methods like Initial Public Offerings (IPOs) or Follow-on Public Offers (FPOs). [...]
In Monday’s trading session, the shares of an India-based construction company surged 5.1 percent to Rs. 708.9, after the company secured work orders worth a total of Rs. 554.92 crores for the construction of commercial and residential towers. At 02:04 p.m., the shares of PSP Projects Limited were trading in the green at Rs. 693.65, [...]
The shares of this pharmaceutical company surged around 8 percent after the United States Food & Drug Administration’s (USFDA) Good Manufacturing Practice (GMP) inspection at its facility closed with no observations. Price Movement: With a market capitalization of Rs. 48,253 crores, the shares of Glenmark Pharmaceuticals Ltd started Monday’s trading session on a higher note [...]
Healthcare stock with operations across hospitals, clinics, retail pharmacies, and many more in focus following a lease agreement for setting up a new Woman and Children Hospital in Hyderabad Price Action With a market capitalization of Rs. 21,126 Crores, the shares of Aster DM Healthcare Limited were trading at Rs. 422.95 per equity share, up [...]
The shares of the micro-cap hospitality stock touched 5% upper circuit after signing agreements and Memorandum of Understanding (MoUs) to operate hotels in multiple locations. Share price variations: With a market capitalization of Rs. 317.64 crores, the shares of The Byke Hospitality Ltd hit its upper price band of 5% in NSE on Monday at [...]
The shares of fast-growing stationery product manufacturers gained up to 2 percent after the company announced the strategic acquisition of a 51.77 percent stake in Unilan Healthcare. With a market capitalization of Rs 16,481.44 crore, the shares of DOMS Industries Ltd were trading at Rs 2,715.80 per share, increasing around 1 percent as compared to [...]
The shares of this pre-engineered steel construction provider rose above 9.94% after it received multiple orders worth Rs. 633.50 crores in the first half of FY25. Stock Price Variations: With a market capitalization of Rs. 1,306.35. crores, the shares of Interarch Building Products Limited opened the session with a gap at Rs. 1,256.00 representing a [...]
The stock of this leading financial service provider in India rose to 13% after the Reserve Bank of India lifted the restrictions imposed on its gold loan business. Stock Price Variations: With a market capitalization of Rs. 20, 970.00 Crores, the shares of IIFL Finance started the session with a gap up opening of Rs.549.00 [...]
During Friday’s trading session, the shares of a leading player in the mining and metals industry surged nearly 3.2 percent to Rs. 498.4 on BSE, after the company received environmental clearance from the Government of Karnataka to enhance its capacity. With a market capitalisation of Rs. 8,015 crores, at 11:22 a.m., the shares of Sandur [...]
The Piotroski score, ranging from zero to nine, assesses a company's financial strength, with nine indicating the strongest position. The price-to-earnings (P/E) ratio measures a stock's share price relative to its earnings. A high P/E may suggest overvaluation and a low P/E indicates better value, as investors pay less for each rupee of earnings. FMCG [...]
