Blue Chip stocks are the shares of very large and well-known companies with a long history of sound financial performance. These companies tend to endure tough market conditions and give high returns. Here are a few blue chip stocks with high mutual fund holdings: ICICI Bank ICICI Bank is among India’s largest private-sector banks. It [...]
PSU Oil and Natural Gas Corporation (ONGC) is investing Rs 1 lakh crore by the end of this decade in low-carbon energy opportunities, including renewables and green hydrogen as it looks to transform into a low-carbon energy player. The company stated it is aligned with the nation's goal to cut carbon emissions by 1 billion [...]
At Rs. 40.35, this penny stock reaches an upper circuit of 10%. The strong and rising volume that has above the averages from the preceding day and week are supporting the stock price and this stock has climbed 33% in one year. The stock is currently trading above the 50-day and 200-day moving averages. HEC [...]
Godrej Properties' net debt rose 45% QoQ in Q1 ‘24 to Rs 5,298 crore and debt-equity ratio stands at 0.56. owing to aggressive land purchase across major cities, stated an investor presentation. Since April last year, Godrej Properties has been aggressive in new business development under which the company is purchasing land outright and also [...]
Shares of an alcohol manufacturer pared 8 percent on Thursday’s trades to reach an intraday low of ₹ 915.00 apiece after a huge block deal took place on the counter. At 03:26 PM, its shares were trading at ₹ 920.00. a According to reports, about 25 lakh shares or 8.5 percent equity of Globus Spirits changed [...]
Pitti Engineering Ltd., which is into the manufacturing of traction and special purpose motors and generators, has reported a net profit of ₹ 13.97 crore, 19.30% YoY growth from ₹ 11.71 crore in Q1 ‘23. It also recorded the highest ever EBITDA for a quarter at ₹ 42.43 crore as compared with ₹ 35.45 crore, [...]
A small-cap multibagger stock that delivered multibagger returns in the past three years has announced a 2:1 bonus issue. At 12:05 Pm, its shares were trading at ₹ 222.95 apiece on the National Stock Exchange (NSE). Lancer Container Lines informed the exchanges that its board has approved a bonus issue in the ratio of 2:1. [...]
HDFC Group on Thursday announced the launch of its life insurance and asset management services at International Financial Services Centre (IFSC) in Gujarat's GIFT City. Gujarat International Finance Tec-City is a central business district under construction in Gandhinagar district in Gujarat, India and is India's first operational greenfield smart city and international financial services centre. [...]
Brokerages and research firms have recently upgraded targets and or ratings for several stocks under coverage. Listed below are 5 stocks that saw action today, gaining up to 10% and have received target upgrades this week with upside up to 33% to add to your wishlist. Kalpataru Projects International Ltd (“KPIL”): The stock has been [...]
Shares of an auto ancillary company appreciated to the tune of 4 percent to hit a record high of ₹ 617.95 apiece after it bagged an order worth ₹ 145 crores from Europe. At 02:21 PM, its shares were trading at ₹ 612.55, up 2.87 percent on the National Stock Exchange (NSE). Ramkrishna Forgings manufactures [...]
