India’s leading wind power operations and maintenance (“O&M”) service provider gained 4 percent to Rs 69.90 apiece after it received an order from a Navratna PSU of Govt of India. At 1:12 p.m., INOX Green Energy Services Ltd shares were trading at Rs 69.30 a share on the National Stock Exchange, up 3.59 percent, with [...]
This stock is a 100% subsidiary of Bharat Forge Ltd and it hits 5% upper circuit today after receiving an order of Rs. 850 Cr. The stock price is being supported by the strong and rising volume, which is above the averages from the previous day and week and it has delivered 52% returns in [...]
Shares of this mid-cap NBFC stock jumped up to 8 percent in Monday’s trading session post recovery of a large Non-Performing Account. In the last six months, the company’s stock has gained nearly 40 percent from Rs 472.64 to the current price level. With a market capitalization of Rs 17,149.80 crores, the stocks of PNB [...]
The shares of Specialty Chemicals maker soared approximately 16 percent to Rs 54.90 per share on Monday after the company received multiple orders totaling Rs 5.74 crores. At 12:40 p.m., Syschem (India) Ltd shares were trading at Rs 52.90 a share on the Bombay Stock Exchange, up Rs 5.50 or 11.60 percent, with a market [...]
ReNew Energy Global Plc on Saturday reported a net profit of Rs 298.3 crore in the April-June quarter of 2023-24 against a loss of Rs 10.4 crore in the year-ago period. Total income was Rs 2,465.9 crore in the first quarter of FY24 against Rs 2,500.7 crore in April-June 2022, according to a company statement. [...]
India has the potential to emerge as a global plastic supplier and the domestic plastic market is expected to more than triple to reach Rs 10 lakh crore by 2027-28, officials said on Sunday. According to the All India Plastics Manufacturers Association, the market size of plastics in India was Rs 3.5 lakh crore. Besides [...]
Adani Electricity Mumbai is investing over Rs 2,000 crore to build two new transmissions lines in the city to strengthen its network as it moves closer to go greener by sourcing as much as 60 per cent of the energy needed for the city from renewables by 2027, a senior company official said. The two [...]
The Rajasthan government has approved Rs 381.74 crore for the development and strengthening of six canal water projects in different areas of the state. With this approval, Rs 79.94 crore will be for water availability in the Rajsamand dam by increasing the capacity of the Khari feeder, Rs 17.60 crore for the Balera and Sanchore [...]
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, were listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began the trade at Rs 265, up 1.20 per cent against Rs 261.85, [...]
Undervalued shares have a market value lower than their intrinsic value. They could be undervalued due to multiple reasons ranging from socio-economic, sector-specific, or overall market slowdown. Meanwhile, mid-cap stocks are those stocks that have a market capitalization between ₹ 16,800 and ₹ 49,800. One of the most common ways of finding undervalued stocks is [...]
