As of June 2024, the drone sector is experiencing significant growth, with the global market projected to reach USD 60.37 billion. Key applications span various industries, including energy, logistics, and agriculture. Innovations in technology and regulatory support are driving this expansion, positioning drones as vital tools in both civilian and military operations. Here are the [...]
The Ministry of Road Transport and Highways (MoRTH) has introduced the Voluntary Vehicle Modernization Program, also known as the Vehicle Scrapping Policy, to create an ecosystem for phasing out unfit polluting vehicles across India This initiative will be carried out through a network of Registered Vehicle Scrapping Facilities (RVSFs) and Automated Testing Stations (ATSs). Currently, [...]
The benchmark equity indices ended Friday’s trading session on a positive note. The NSE Nifty 50 gained 83.95 points or 0.33 percent to settle at 25,235.90, while the BSE Sensex soared 231.17 points or 0.28 percent to 82,365.78. Listed below are six stocks in which the brokerages have recommended an upside of up to 37%: [...]
Listed Below is an Engineering stock that is a market leader in solid, liquid, and gas drying systems with Reliance, Mondelez, Pepsi, and many well-known companies as its customers, that has delivered multibagger returns of 3,592 percent to the shareholders of the company in just 4 years. On March 20, 2020, the shares of Kilburn [...]
Following the announcement of the RP-Sanjiv Goenka Group (RPSG)'s five-year growth plans by Chairman Sanjiv Goenka, RPSG Group companies—primarily PCBL and CESC—have seen their overall market capitalisation increase by more than Rs. 16,000 crores in just one month. Sanjiv Goenka's current net worth is $4.6 billion. Meanwhile, the combined market cap of RPSG Group stands [...]
Transformers stocks in India are primarily represented by companies engaged in the manufacturing of power transformers, which are crucial for electricity transmission and distribution. In India, the transformer stocks sector is viewed as a promising investment opportunity, with a positive outlook driven by favourable market conditions and government support for renewable energy initiatives. Listed below [...]
The shares of this power products manufacturer and distributor have delivered an astonishing 7000 percent return over the past year. Price Movement Diamond Power Infrastructure Limited, a midcap company in the cable industry, has seen its share price skyrocket to a 52-week high of Rs.1,645 per share, a remarkable 70-fold increase from just Rs.23.30 a [...]
A company's price-to-earnings (P/E) ratio is lower than the industry average may indicate undervaluation or underlying issues. Investors should investigate further to understand if the low P/E signals a buying opportunity or reflects fundamental problems affecting the company's future growth prospects. Here are the stocks held by the Vanguard Fund group with PE less than [...]
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, where a high P/E may suggest overvaluation, and a low P/E indicates better value, as investors pay less for each rupee of earnings. [...]
Indian benchmark indices Sensex and Nifty ended Friday's trading session slightly higher. At close, the BSE Sensex was at 81,086.21, up by 33.02 points, or 0.04 percent, while the Nifty 50 was at 24,823.15, up marginally by 11.65 points, or 0.05 percent. Listed below are six stocks in which the brokerages have recommended an upside [...]
