Shares of this multibagger metal stock rose 11 percent after it bagged orders worth more than 700 crores across various business verticals. In the last one month, the stocks of the company rose around 10.60 percent from Rs 84.95 to the current price level. With a market capitalization of Rs 1,300 crores, the stocks of [...]
This Microcap stock has moved up ~66% since March 2023, and hit 20% upper circuit on Wednesday close to an hour after markets opened after the holiday. Reported results for Q1 FY24 late on Monday were more than outstanding. The stock is supported by strong community sentiment and volumes driving momentum toward its 52 week [...]
Shares of a green energy company hit the 5 percent upper circuit on Wednesday’s early trades after it entered into a strategic partnership with the Maharashtra Government. At 12:11 Pm, its shares were locked at ₹ 356.70 apiece on the Bombay Stock Exchange (BSE). KP Energy informed the exchanges that it has entered into a [...]
Taiwanese electronics manufacturing giant Foxconn sees the potential of investing several billions of dollars in India if it gets to completely implement its plan, a top official of the company said. Hon Hai Technology Group (Foxconn) Chairman and CEO Young Liu during the company's second-quarter earnings call on Friday said that the company's Indian arm [...]
State-owned Punjab & Sind Bank plans to double its ATM network to about 1,600 in the next two years to increase its touch points and brand visibility. Besides, the bank also intends to open 50 more branches during the current financial year taking the total network beyond 1,600, Punjab & Sind Bank managing director Swarup [...]
Aster DM Healthcare Aster DM Healthcare Limited is one of the largest private healthcare service providers operating in GCC and in India. With an inherent emphasis on clinical excellence, we are one of the few entities in the world with a strong presence across primary, secondary, tertiary, and quaternary healthcare through our 33 hospitals, 127 [...]
Net Profits, a popular metric followed in the finance sector, has the eyes of each and every brokerage house, investment advisor, and many other organizations since the net profit figure represents a lot about the company’s future outlook and the capabilities to perform. Listed below are three Auto Ancillary stocks under the ‘small-cap’ category having [...]
A metric of financial performance referred to as return on equity (ROE) is measured by dividing net income by shareholders' equity. A company's profitability and the effectiveness of its revenue generation are measured by its ROE. The mid-cap stocks with an ROE of over 20% are listed below. Fertilizers and Chemical Travancore Ltd The first [...]
The price-to-earnings ratio (P/E) is one of the most commonly used metrics to find undervalued stocks. It is a relative measure of valuation that is compared with the industry P/E and with the historic P/E of a company. When the P/E is lower than the Industry P/E or its historic P/E, it is usually considered [...]
Big Bull Rakesh Jhunjhunwala’s investment journey from ₹ 5,000 to a staggering ₹ 35,000 crore by 2022 has been a remarkable one. He was among India’s most successful investors. He passed away on August 14, 2022, but his legacy lives and shall endure for generations to come. Rakesh Jhunjhunwala had invested in various companies across [...]