The Benchmark Indices concluded Friday's trading session positively, with the Sensex rising by 819.69 points, or nearly 1.04 percent, ending the day at 79,705.91. Meanwhile, the Nifty50 index increased by about 250.5 points, equivalent to a gain of nearly 1.04 percent, and closed in the green at 24,367.5. Over the previous five trading sessions, the [...]
Listed below is one of the leading infrastructure companies with strong growing financials and operations that has delivered multibagger returns of 1,792 percent to the shareholders of the company in just 4 years. Domestic benchmark equity indices, the Sensex, and the Nifty 50 ended Friday’s session in Green strengthened by Buying in PSU, Auto, and [...]
Capital expenditures (CapEx) are vital in the automotive industry for investing in new technologies, expanding production capacity, and maintaining competitiveness. They also drive industry growth by localizing production and creating jobs, ultimately supporting innovation and meeting consumer demand. Here is a list of 3 automobile stocks with huge capex plans for FY25. Maruti Suzuki Ltd. [...]
The Indian textile industry is a crucial sector of the country's economy, contributing significantly to exports, employment, and overall economic growth. Recently, the Indian government has announced a capital expenditure (capex) of Rs 10,000 crore under the production-linked incentive (PLI) scheme to boost the domestic garment manufacturing and exports sector. The scheme is expected to [...]
In a volatile financial landscape, one stock has recently garnered significant attention due to its impressive turnaround. Anil Ambani's promoted stock has surged around 28 percent in just 8 trading sessions, and Vanguard has notably increased its stake in the company. Share Price Movement In August 2008, Reliance Infrastructure Ltd.'s stock was valued at Rs.2,500 [...]
The Indian Benchmark Indices closed in Red on Friday with the Sensex losing around 885.60 points ending the week at 80,981.95 and the Nifty 50 index losing around 293.20 points ending the week at 24,717.70. In the last five trading sessions, the Sensex declined by approximately 0.76 percent or 621.56 points, while the Nifty 50 [...]
On Friday’s trading session, Indian stock market benchmarks, the Sensex and the Nifty 50, each plunged 1 percent in early trade due to an across-the-board selloff amid weak global cues. At close, the Sensex closed 885.60 points, or 1.08 percent, lower at 80,981.95 and the Nifty ended with a loss of 293.20 points, or 1.17 [...]
Anil Ambani is an Indian businessman who serves as the chairman and managing director of the Reliance Group. He had a remarkable business career, marked by both successes and challenges. However, in recent years he has faced significant financial difficulties, resulting in legal battles over debt repayment. Despite these challenges, Anil Ambani has remained an [...]
The shares of this smallcap company locked 20 percent upper circuit in Wednesday's trading session after reporting an increase in net profit by 77 percent YoY. On a YTD basis, the stock has delivered a multibagger return of 102 percent to its shareholders. Price Movement: With a market capitalization of Rs. 1,742 crores, the shares [...]
The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share. A high P/E ratio may suggest that a stock is overvalued, with investors paying more for each unit of earnings growth. Conversely, a lower P/E ratio compared to market averages or industry peers is generally considered advantageous, as it indicates [...]
