Benchmark equity indices declined in early trade on Monday, falling for the third day running, amid weak global market trends and fresh foreign fund outflows. Caution also prevailed in the market ahead of the announcement of wholesale and retail inflation numbers for July later in the day. The 30-share BSE Sensex fell 461.48 points to [...]
Auto ancillary companies are those that supply various components, parts, and services to the automotive industry. The price-to-earnings ratio, referred to as the P/E ratio, can be used to quickly assess if a stock is overvalued or undervalued. Listed below are Multibagger Auto ancillary undervalued stocks. Shriram Pistons & Rings The Shriram Group, one of [...]
Mutual fund investments in the stock market are closely watched by retail investors because they invest in substantial quantities that can affect stock price changes. Furthermore, because ordinary investors find it difficult to get all important information about a company, they tend to follow the actions of institutional funds, notably mutual funds, to make investment [...]
The Benchmark Indices were trading in the red on Friday with the Sensex slipping 366 points and closing at Rs 65,322.65 and the Nifty 50 index slipping 115 points and closing at Rs 19,428.30. Listed below are six stocks one should add to their watchlist for a potential upside of 36 percent: Brigade Enterprises Limited [...]
Companies are said to be fundamentally strong based on excellent financials, such as significant profit growth, a low debt-to-equity ratio, and continuous cash flow. Companies with strong financials will continue to expand and operate regardless of market conditions. Listed below are three small-cap stocks under Rs 150 Manappuram Finance Ltd Manappuram Finance is a Non-Banking [...]
A company’s return on capital employed (ROCE) assesses its efficiency in generating profits as a percentage of the total capital used by the company. The higher the ROCE is, the better are the chances of generating higher profits. Unlike return on equity (ROE), ROCE considers the total capital employed, i.e., equity shares, preference shares and [...]
Compounded Annual Growth Rate (CAGR), in simple terms, is the annual growth of one’s investments over a specific period of time. It helps investors compare different investments on a consistent basis and make informed decisions. Usually, smaller companies have a high growth potential as compared to larger mature companies. However, here are a few large-cap [...]
The dividend is the amount of money that a company pays to its shareholders as dividends on a per-share basis. The dividend yield demonstrates how much a particular company is paying in dividends, each year about its stock price. Here are a few stocks that will be trading ex-dividend next week: LIC Housing Finance Ltd LIC [...]
The Company’s strong financials depend on long-term goals, strategies, and future plans, all of which have a direct impact on sales and profit. Net Profit 3 Year Compound Annual Growth Rate, or CAGR, is the compounded growth rate of a company's net profits over a five-year period. It is useful in determining if a company's [...]
Return on equity(ROE) signifies a company's ability to generate returns on the investments it has received from its shareholders. Return on Equity = Net Income or Profits/Shareholder’s Equity Here are three alcohol stocks with High ROE Tilaknagar Industries Ltd Tilaknagar Industries shares closed at Rs 195.70 a share on Friday, up 1.01 percent from the [...]