Avenue Supermarts Ltd. has been popular among investors since the time it filed for its IPO. It is the parent company of DMart, which is among the most profitable food and grocery retail chains in India. The stock was issued at a price of ₹ 299 in the year 2017 and rose to ₹ 615 [...]
This small-cap stock rose 4% after receiving an order worth Rs. 72.29 Cr on Thursday. The stock closed 7.7% below the 52-week high. Currently, the stock is trading above the both 50-day and 200-day moving averages. Zen Technologies Ltd The company has a market capitalization of Rs. 7,076 Cr., making it a small-cap. On Thursday [...]
Shares of India’s leading player in the Electric Vehicle technology industry gained 5 percent to Rs 151 apiece after the company announced a tie-up with EV maker Enigma Automobiles Private Limited. At 3:25 p.m., On the exchange, Greaves Cotton Ltd shares were trading at Rs 150.70 per share, up 4.61 percent from the previous close [...]
Benchmark Sensex closed lower by around 256 points in a volatile trade on Thursday, snapping its three-day gaining streak due to selling in banking, FMCG and oil and gas shares amid weak Asian cues. The BSE barometer fell by 255.84 points or 0.39% to close at 64,831.41 points with 22 of its constituents ending in [...]
Following the industry wide and to an extent the sector wide trend of premiumization to drive margin expansions, Hero Electric has stated on Thursday that it is diversifying into the premium segment through the A2B brand to create differentiated brands to cater to multiple segments in the electric mobility space. Under this brand the company [...]
Zydus Lifesciences on Thursday said it has received approval from the US health regulator to market a generic product to treat acne in the American market. The drug firm has received final approval from the US Food and Drug Administration (USFDA) for Isotretinoin Capsules USP (10 mg, 20 mg 30 mg and 40 mg), it [...]
According to the Draft Red Herring Prospectus of Jupiter Life Line Hospitals subscription will open on September 6 and the three day initial public offering (IPO) will conclude on September 8 and the bidding for anchor investors will open on September 5. The hospital chain operates in Thane, pune, Indore under the “Jupiter” brand with [...]
On Thursday the stock of this monopoly company with a 90% market share gained upto ~2% in the trading hours after entering into the partnership. The stock price remains high because of strong and rising volume that is greater than usual compared to the previous day and week. Dreamfolks Services Ltd Small-cap firm Dreamfolks Services [...]
The P/E (Price to Earnings) ratio compares a company's current share price to its earnings per share (EPS), which is a generally used measure to determine a stock's value. The dividend yield is a financial measure that compares cash dividends paid to shareholders to the market price per share. It is calculated by dividing the [...]
Amazon on Thursday said it has signed an agreement with India Post to simplify cross-border logistics for MSME exporters. Minister of State for Science and Technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between India Post and Amazon at the e-commerce company's Sambhav Summit 2023. At Amazon’s E-commerce SMBHAV Summit [...]
