The markets closed off positively on Wednesday, with the Nifty closing up 0.32% at Rs. 19,632.55. Sensex increased 0.23% at Rs. 65,995.81. The stock listed below has given multi-bagger returns within one month. The stock price is supported by strong and increasing volume which has crossed the previous day and one week's average. Premier Explosives [...]
Multibagger Stocks are those stocks that have gained over 100 percent in their stock price. These stocks are generally inexpensive and have strong fundamentals, making them excellent investing opportunities. Here are three multibagger small-cap stocks up to a return of 161% in One month Jai Balaji Industries Ltd Jai Balaji Industries belongs to the small-cap [...]
Shares of a large-cap company plunged 4.5 percent on Wednesday’s trades to reach an intraday low of ₹ 375.25 apiece amid news that its promoters are mulling over selling a stake in the company. Its shares settled at ₹ 377.70 apiece on the National Stock Exchange (NSE). According to a Bloomberg report, the Adani Group [...]
Sugar manufacturer EID Parry (India) Ltd has reported a decline in its consolidated profit after tax for the April-June 2023 quarter at Rs 324.90 crore due to reduction in export volume, the company said on Wednesday. The company, part of the diversified conglomerate Murugappa Group, had registered a consolidated PAT at Rs 494.19 crore during [...]
TVS Supply Chain Solutions, a part of TVS Mobility Group, is gearing up for the initial share sale that would be open for public subscription from August 10 onwards, officials said on Wednesday. The city-based company is hitting the capital market after a gap of nearly 29 years, Executive Vice-Chairman R Dinesh said. "I think [...]
Shares of this Miniratna Defense stock fell around 7 percent on Wednesday after the company published disappointing results for the quarter ending June 2023. With a market capitalization of Rs 6,500 crores, the stocks of Mishra Dhatu Nigam Limited closed at Rs 346.15 on Wednesday. The company witnessed an intra-day low of Rs 344.15 indicating [...]
Berger Paints India Ltd on Wednesday reported a 40% rise in consolidated net profit at Rs 354.91 crore for the June quarter. The company, which had posted a consolidated net profit of Rs 253.71 crore for the same period in the last fiscal, said its board has approved the issue of one bonus equity share [...]
TFarm equipment manufacturer VST Tillers Tractors Ltd, on Wednesday announced the launch of six compact tractors. The six new Series 9 models, in the range of 18HP to 36HP, were designed and developed at the company's Hosur plant. The company would launch three more higher HP tractors in September, its CEO, Antony Cherukara, said, adding [...]
This small-cap financials stock has received a BUY rating from 3 brokerages with a maximum upside of 33% over a 3-month period. The stock has continued to deliver consistent industry-leading financial results over the past quarters with other industry metrics showing improvements on a QoQ basis. Fusion Microfinance Ltd (“Fusion”), unlike the weak industry trend [...]
Equity benchmark indices closed higher on Wednesday, helped by fag-end buying in index majors Reliance Industries, ITC and M&M amid a positive start in European markets. Cautious trade prevailed in the markets for the most part of the day ahead of two major events -- RBI's monetary policy and the US inflation data -- due [...]
