The shares of one of the largest conglomerates in India were trading at ₹ 2431.65 apiece on Friday after multiple brokerages upped the scrip’s target price. Reliance Industries is a Fortune 500 company and has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. [...]
Shares of a monopoly stock in Ashish Kacholia’s portfolio have delivered multibagger returns of 131 percent in the past six months, as its share price increased from ₹ 608.35 to ₹ 1,403.80 apiece. Therefore, if an investor had invested ₹ 1 lakh in the company’s shares six months ago, the value of their holdings would [...]
Retail investors are on continuous watch for stocks that could aid them in generating substantial returns and are within the buying range. Listed below are two multibagger chemical stocks under Rs 300 that have reported low debt over the past couple of financial years: Vikram Thermo (India) Limited With a market capitalization of Rs 360.46 [...]
On September 13, RR Kabel Ltd. will open for public subscriptions for its inaugural share offering. The business has also chosen to reduce the size of its fresh issuance to Rs 180 crore. On September 15, the TPG Capital-backed wires and cables maker will complete its Initial Public Offering (IPO), which also includes an Offer [...]
On Thursday Battery maker Exide Industries Ltd said that in its wholly-owned arm Exide Energy Solutions Ltd it has invested over Rs. 100 crore, which is into manufacturing of advanced chemistry battery cells. It made the investment by way of subscription in the equity share capital of Exide Energy Solutions Ltd (EESL) on a rights [...]
Small-cap stocks are those stocks that have a market capitalization below ₹ 16,800. While they are risky to invest in, as compared to mid-cap and large-cap stocks, some of them turn out to have good metrics and tend to deliver multibagger returns. Here are a few fundamentally strong small-cap stocks that delivered multibagger returns in [...]
On Thursday Hinduja group flagship Ashok Leyland said that it's aiming to be among the top 10 global commercial vehicle manufacturers in the near future. The heavy commercial vehicle maker is looking at exploring newer markets. According to the company chairman Dheeraj. For the company's 75th anniversary celebrations, top Ashok Leyland representatives were present. "You [...]
This NBFC stock gained 6% after the company announced bonus shares in the ratio of 1:4. The state owned company was earlier a Navaratna which was raised to Maharatna on 12 October 2021. Share price of Power Finance Corporation closed at Rs. 272.90 per piece and traded 6% higher to reach its intra- day high [...]
Shares of this small-cap auto ancillary stock jumped 8 percent after entering into a Power Purchase Agreement to acquire a stake of 26 percent each in a couple of special purpose vehicles (SPVs). In the last month, the company’s stock has moved close to 31 percent. With a market capitalization of Rs 6,773.02 crores, the [...]
The year 2023 has seen 20 companies come up with their initial public offering (IPO), so far, and another three are in the pipeline. All the twenty listings so far have delivered positive returns to investors. The most successful listing this year has been of Cyient DLM, a demerged entity from Cyient. The company has [...]
