Shares of an iron and steel company fell nearly 7 percent on Monday’s early trades to reach an intraday low of ₹ 436.60 apiece on the National Stock Exchange (NSE) after its promoters said that they would be selling a 6.3 percent stake in the company via an offer for sale (OFS). At 10:28 AM, [...]
Shares of this multibagger stock under the mid-cap category rose around 14 percent on Monday after securing a Project to develop Solar Power. In the last month, the stocks of this company have soared more than 25 percent. With a market capitalization of Rs 28,491.02 crores, the stocks of SJVN Limited, a Public-Sector Enterprise, started [...]
On Monday’s early trade, the shares of India's largest cafe chain operator fell 18 percent to Rs 43.35 apiece after IDBI Trusteeship Services Limited filed an Insolvency and Bankruptcy plea against the company. At 10:30 a.m., Coffee Day Enterprises Ltd shares were trading at Rs 45.25 per share, down Rs 7.90 or 14.88 percent from [...]
Leaders of the world’s largest economies will be gathering in New Delhi, this week for the G20 Summit. Global investors are recognizing the potential of India's economic and industrial prowess, making several sectors attractive to them. Green hydrogen is produced by separating the hydrogen element from other molecules where hydrogen occurs. For example, water has [...]
Blue-chip firms are those that are well-established, financially robust and have outstanding reputations. Such organizations have maintained impressive imprints in the industry for many years. Net Profit 5-Year Compound Annual Growth Rate, or CAGR, is the compounded growth rate of a company's net profits over the course of five years. It helps in determining a [...]
The Benchmark Indices closed in the green on Friday with the Sensex gaining 333 points and closing at Rs 66,598.91, and, the Nifty 50 index rising around 93 points and closing at Rs 19,819.95. Having a positive outlook, congruent to the stock market movements during the last week, six stocks are listed below that one [...]
Return on Capital Employed (ROCE) is a profitability ratio that shows the company’s ability to efficiently utilize its capital, including both debts and equity. ROCE is determined by dividing earnings before interest and taxes (EBIT) by capital employed. In a ROCE calculation, capital employed refers to the total assets of the Company after all liabilities [...]
Ace investor Ashish Kacholia lets his portfolio speak for itself and is known for his absence from media cycles. Fondly called the ‘Big Whale’ by the media, he co-founded Hungama Digital with Rakesh Jhunjhunwala in 1999 and started building his own portfolio from 2003. As per the latest shareholding patterns of various companies, he publicly [...]
Stocks pertaining to Government-owned entities create a psychological impact pertaining to the company’s performance. Having a ‘zero’ debt enhances the chances of performing and paves the way to achieve the numbers. Listed below are three stocks of Public Sector Undertakings (PSUs) below Rs 200 that are debt-free: NBCC (India) Limited With a market capitalization of [...]
Dividends are a portion of a company’s profits that they pay to their shareholders. They form an important part of one’s investing journey and can be a source of passive income. Here are a few stocks that will trade ex-dividend next week: MSTC Ltd MSTC undertakes trading activities, e-commerce and also disposal of ferrous and [...]
