This small-cap stock hit ~5% upper circuit after a bulk deal. The stock has delivered 41% returns in one year. Both the 50-day and 200-day moving averages of the stock are currently trading above them. In the stock market, a bulk transaction is one in which the total number of shares purchased or sold exceeds [...]
Airtel Payments Bank, identity technology company IDEMIA and Nokia brand phone maker HMD Global have joined hands to bring Central Bank Digital Currency on feature phones in India, a joint statement said on Wednesday. All three organizations would be working together to introduce an advanced offline payment system over the next few months that would [...]
During a no-confidence motion debate in the Parliament, Prime Minister Narendra Modi took a dig at the opposition parties, who criticised his government for not handling the PSU companies in an appropriate manner. In response, PM Modi said that despite superficial criticism of his government on PSU companies, PSUs are delivering robust numbers and are [...]
The shares of the leading Infrastructure company touched a 5 percent upper circuit after the company bagged Projects worth Rs. 14.7 crores from NHAI. In Thursday's early session, Artefact Projects Ltd shares hit a 5 percent upper circuit of Rs 52.50 a share on the Bombay Stock Exchange. The company has a market valuation of [...]
This NBFC stock gained 5% in the first half of the market today as SmallCap World Fund Inc. buys 0.57% stake in the company for Rs. 75 crore. The identity of the seller is yet to be known. Share price of Aavas Financiers opened at Rs. 1654.95 per share and traded nearly 4% higher to [...]
Expecting a bullish run in the Indian stock market, various investor classes are on a continuous watch for stocks that have the potential to provide good returns on their money invested. Listed below are three stocks engaged in the ‘Information Technology’ (IT) industry that have high profitability ratios, viz, high return on equity (RoE) and [...]
Return on equity (RoE) and return on capital employed (RoCE) are the two most popular metrics that are tracked by various analysts and institutions as they lead to an amount investors get on their respective investments. Listed below are two multibagger Metal stocks that have reported a return of equity (RoE) of more than 25 [...]
India is a well-recognized Automobile manufacturing hub worldwide due to cheap labor, easy availability, and low cost of raw materials, which are the factors driving the manufacturing Industry. India is the world's fourth largest producer of automobiles, with an annual production of more than 4 million vehicles. The automotive market in India was valued at [...]
In a joint venture, Reliance Retail has acquired a 51% share in the Ed-a-Mamma children's and maternity clothes line, which is promoted by Bollywood actress Alia Bhatt. Reliance Retail Ventures Ltd (RRVL), the holding company for Reliance Industries Ltd (RIL), the business empire of billionaire Mukesh Ambani, stated in a statement that it seeks to [...]
The year 2023 was supposed to be China's economic comeback year, but lately, the world’s 2nd largest economy has been experiencing a fall after the COVID lockdown recovery. So, what's really going on? Let’s first talk about the major factor behind all of this, which is, real estate. The once biggest private property developer in China, [...]
