The profit margin is the amount of money that remains after deducting all expenses. It is a percentage that demonstrates how successful a company's pricing strategy is, how well it can control expenditures, and how efficiently it uses raw materials to manufacture products or services. The net profit margin is the amount of profit earned [...]
The Life Insurance Corporation of India (LIC) has invested in a wide range of companies over the years with its portfolio companies involved in a wide range of sectors. Listed below are three stocks in LIC’s portfolio that are at a discount of up to 45 percent from its 52-week high: Alkem Laboratories Limited With [...]
Stylam Industries Ltd shares closed on September 8 at Rs 1,904.85 per share, up 0.95 percent from the previous close price of Rs 1,885.40, with a market capitalization of Rs 3,228 crores. According to Bombay Stock Exchange data, the stock has delivered multibagger returns of about 23,329 percent over an 11-year period, spanning from Rs [...]
This S&P BSE Smallcap stock rose 5% on Friday within the first hour of markets opening after it announced a a new product launch in partnership with National Payments Corporation of India (NPCI) with volumes that were 1.75x yesterday’s as well as weekly average volumes. The stock rose 6.2% above its 20 day moving average [...]
In the 54th annual general meeting held on Wednesday, State-owned REC Ltd has received approval from shareholders to increase the overall borrowing limit of the company from Rs. 4.5 lakh crore to Rs. 6 lakh crore. "All the resolutions as set out in the Notice of 54th AGM, including addendum thereof, have been duly approved [...]
The Tata Group is India's largest conglomerate. Tata Companies' combined revenue in 2022-23 was $150 billion (INR 12 trillion). The group operates in over 100 countries across six continents. As of July 31, 2023, there are 29 publicly traded Tata firms with a total market value of $300 billion (INR 24 trillion). Here are three Tata [...]
To develop a hydrogen hub at Tuticorin in Tamilnadu, NTPC Green Energy Ltd (NGEL) and V O Chidambaranar Port Authority (VOCPA) have joined hands. NTPC said in a statement that both entities signed a Memorandum of Understanding (MoU) in this regard on Friday. At the hub that will be constructed on the land supplied by [...]
This large cap stock jumped 3.5% and reached its 52- week high after FII increased their existing stake in the company. The stock saw a strong movement in the market today. Share price of Shriram Finance Limited closed at Rs. 1955 levels. The stock gained 3.5% to reach its 52- week high of Rs. 1959.95 [...]
Shares of power generation and power finance companies were in focus on Friday and they rallied up to 12 percent amid high volumes on rising demand. NTPC (up 4.06 percent), Tata Power Company (up 4.85 percent), REC (up 11.10 percent), and Power Finance Corporation (up 12.89 percent) were some of the top gainers. Experts believe [...]
This S&P BSE Smallcap stock rose 19% halfway through the markets open on Friday after it announced a partnership with Mahindra & Mahindra Ltd with volumes that were 22x yesterday’s as well as weekly and monthly average volumes. The stock closed 0.7% above its 20 day moving average and 1.5% above its 200 day moving [...]
