Shares of one of India's largest global pharmaceutical manufacturers declined by 1.2 percent to Rs 5,428 a share in early trade on Tuesday after the company subsidiary faced an antitrust lawsuit in the US over Revlimid patents. At 12:20 p.m., Dr Reddy's Laboratories Ltd shares were trading at Rs 5,471.85 on the National Stock Exchange, [...]
Shares of this recently listed stock under the micro-cap category hit the upper circuit in Tuesday’s trading session after a well-known Ace investor bought a stake in the company. The stock was listed on October 3, 2023, on NSE at Rs. 146, which is a premium of 50.5% to the issue price of Rs. 97. [...]
The shares of the leading engineering conglomerate operating in n Agri-machinery Construction and Railway Equipment gained 4.6 percent to a 52-week high price of Rs 3,348.45 a share after DAM Capital Advisors gave a 'buy' recommendation with an upside of 59 percent. At 11:25 a.m., on the National Stock Exchange, Escorts Kubota Ltd shares were [...]
Shares of this Defence stock under the ‘small-cap’ category rose around 17 percent in Tuesday’s trading session after the company reported robust results for the financial quarter ended September 2023. In the past month, the company’s stock has gained nearly 30 percent. With a market capitalization of Rs 2,521.08 crores, the stocks of Avantel Limited [...]
On Tuesday this small-cap stock gains more than 13% after the company announced business updates for Q2. On the same day, the stock hit a new 52-week high of Rs. 141.35. Currently, the stock is trading above the 50-day and 200-day moving averages respectively. The stock has given 73% returns in six months and 40% [...]
The ‘Compound Annual Growth Rate’ (CAGR) is generally defined as the rate of return (RoR) that would be required for an investment to grow from its beginning amount to its ending balance, assuming all the profits were reinvested at the end of each period during the whole time span of investment. Listed below are two [...]
Multibagger public sector undertaking which is into manufacturing and servicing of ships and submarines gains 5 percent after it signs Letter of intent with European clients At 10:20 a.m the shares of Mazagon Dock Shipbuilders Limited were trading at Rs. 2,177 up by 5 percent from its previous day close price and the market capitalisation [...]
Return on Capital Employed (ROCE) is a profitability metric that defines a company's ability to effectively utilize its funds, which includes both debt and equity. ROCE is calculated by dividing earnings before interest and taxes (EBIT) by the amount of capital employed. Capital employed in a ROCE calculation refers to the total assets of the [...]
On Monday this PSU stock declined up to 3 percent after Life Insurence Corporation of India (LIC) sold a 2 percent stake in the company. This stock has delivered a 42% return to the investors in one year. The stock has closed 28% below the 52-week high. National Fertilizers Ltd National Fertilizers Ltd. has a [...]
This penny stock jumped 15% within the hour of markets opening on Monday after it bagged an order from an international client and also announced orders for next 18 months and an MoU signed with an Australian Firm. The stock currently trades at Rs. 14.62 versus Rs 14.38 at previous close. The company has a [...]
