On Friday, the Nifty 50 closed at 19,653.50, up 108 points, or 0.55%, and the Sensex closed at 65,995.63, up 364 points, or 0.55%. The companies' quarterly and annual financial results announcements are highly anticipated events. Several companies will post their results next week for the second quarter of the Financial year 2024. Here are [...]
On Friday, domestic benchmark indexes closed in the green. The BSE Sensex gained 364.06 points, or 0.55%, ending the week at 65,995.63. Similarly, the NSE Nifty 50 gained 107.75 points, or 0.55%, to 19,653.50. Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 46%: Navin Fluorine International Limited Navin [...]
A company’s stock is said to be ‘fundamentally strong’ when it showcases some specific set of characteristics such as strong & consistent financials, low leverage ratios, and many more. Listed below is one such fundamentally strong Penny stock with high profitability ratios and attractive valuations to add to your watchlist: DRC Systems India Limited With [...]
The Indian renewable energy sector is expected to increase at a CAGR of more than 10% between 2023 and 2028. In the long run, the Renewable energy sector is likely to be pushed by factors such as supportive government legislation, increased environmental consciousness, subsidies, and tax benefits for installing solar panels. The Ministry of New [...]
Companies with a Monopoly status have to cater to a wide range of customer base, and, in such a scenario, being debt-free is a very positive signal portraying the efficiency of the company’s operations. Listed below are three Monopoly stocks with low debt that one should add to their watchlist: C. E. Info Systems Limited [...]
The shares of the Largest Automobile Manufacturer gained 1.2 percent to Rs 627.35 a share after Nomura Research and Morgan Stanley gave a 'buy' recommendation with an upside of 27 percent and 15 percent respectively based on Thursday’s closing price of Rs 619.60. At 11:45 a.m., on the National Stock Exchange, Tata Motors Ltd shares [...]
India is the world's fourth largest aluminum producer, accounting for around 5.3% of global aluminum output. India's aluminum market is expected to have greater scope in the coming years. The primary drivers driving market expansion are increasing infrastructure development and vehicle manufacturing. According to the report, the Global Aluminium Market reached US$ 152.2 billion in 2022 [...]
Shares of this stock under the ‘small-cap’ category have proven to deliver multibagger returns of 5,388 percent over a period of 3.5 years. In the last five trading sessions, the company’s stock has gained over 14 percent. K&R Rail Engineering Limited is a company based in India that is engaged in the business of laying [...]
This S&P BSE Smallcap stock rose 5% on Friday within the first hour of market open after it reported phenomenal growth in monthly sales volume and production volumes for the month of September 2023. The stock has been on an uptrend since April 2023 and currently trading 8% above its 20 day moving average and [...]
Shares of this listed commodity exchange gains 5.06 percent after speculations to get approval from SEBI regarding the launch of new platform On 6th October 2023 shares of Multi Commodity Exchange Of India Ltd closed at Rs. 2,047.95 per share up by 5.06 percent from previous closing price of Rs. 1,949.25 per share. Such bullish [...]
