Shares of this small-cap stock hit the 5 percent upper circuit after Morgan Stanley Asia buys a stake in the company. In the last one-month period, the company’s scrip has gained nearly 19 percent from Rs 729.70 to the current price level. With a market capitalization of Rs 1,152.67 crores, the stocks of Repro India [...]
The Wires And Cables Market is an important segment of the electrical industry. As per the GlobalNewswire report Over the next few years, the global wires and cables market is expected to grow with a CAGR of 8.2 percent, driven by increasing demand from the construction and automotive industries, as well as the growing adoption [...]
Here are 3 penny stocks that are fundamentally strong, with expanding margins, growing top and bottom lines over the recent fiscal years and have impressive returns over the medium term holding period. Moreover, these stocks trade at low P/S, i.e, have revenues much higher above their market cap coupled with low price makes them stocks [...]
Domestic benchmark indices Sensex and Nifty 50 failed to hold intraday recovery and ended lower on Friday. In fact, the Nifty 50 posted the fourth straight weekly loss for the first time in 15 months. The BSE Sensex closed for the week at 64,948.66, down 0.75%, and the NSE Nifty 50 settled at 19,310.15 points, [...]
Its results season with a bunch of companies clocking huge improvements in the net profit numbers during recent quarters and on an annual basis as well. Listed below are three stocks that registered a net profit growth of more than 2,500 percent comparing the June 2023 quarter and the same quarter the previous year: Indian [...]
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. A Company with a lower P/E ratio is often better than the market average or competitors. This indicates that investors are paying less money for every [...]
‘Dividend’, a very popular term associated with the capital markets industry, refers to the distribution of earnings of a company back to its stakeholders, and, the same is determined by the company’s Board of Directors. The dividend payment is usually paid in the form of cash or reinvestment in the company’s additional stock. Listed below [...]
Westlife Foodworld Ltd shares closed on August 18 at Rs 922.20 per share, marginally down from the previous close price of Rs 927.10, with a market capitalization of Rs 14,380 crores. According to Bombay Stock Exchange data, the stock has delivered multibagger returns of about 10,23,400 percent over a 14-year period, spanning from Rs 0.090 [...]
After some correction witnessed in the benchmark indices, retail investors are in continuous watch for stocks that have the potential to provide multi-fold returns. Listed below is a multibagger stock under the ‘Defence’ industry having a low debt that one should keep on their radar: Zen Technologies Limited With a market capitalization of Rs 7,130 [...]
Ashish Kacholia’s multibagger stock received a huge order from the Myanmar Port Authority. The company marks this new achievement as their first independent international contract. Share prices of Knowledge Marine and Engineering Works Limited spiked 3.2% today. The share opened at Rs. 1,385 on Friday and hit its intra- day high at Rs. 1,430. This [...]