A renewable energy company’s share price zoomed 6.7 percent on Tuesday’s early trades to clock a fresh 52-week high of ₹ 224.80 apiece on the National Stock Exchange (NSE) after its shares reportedly changed hands in large deals. At 12:37 PM, its shares were trading at ₹ 218.30, up 3.66 percent. Reports suggest that the [...]
State-run Bharat Electronics Limited has set a target of Rs 20,300 crore for financial year 2023-24 as demand for indigenous products is driving growth for the company, its Chairman and Managing Director Bhanu Prakash Srivastava said on Tuesday. He also stated the order book of the 'Navratna' PSU under the Ministry of Defence stands at [...]
A mid-cap firm, the company has a market value of Rs. 26,534 Cr. Tuesday's stock price touched a 20% upper circuit at Rs. 1,611.05 per share after starting the day at Rs. 1500. The explanation for these Q1 FY24 outcomes. Gland Pharma's revenue rose by 33% YoY from Rs. 931.3 Cr in Q1 FY23 to [...]
The shares of this pharma stock under the ‘small-cap’ category rose up to 12 percent today after the entity announced Q1FY23-24 results. In the past six months, the scrip has gained close to 40 percent from Rs 705.40 to the current price level. With a market capitalization of Rs 7,400 crores, the stocks of Caplin [...]
On Tuesday, shares of one of India's leading FMCG company jumped 4 percent to Rs 14 per share after a Singapore-based FPI increased its stake in the company. At 12:05 p.m. on the Bombay Stock Exchange, Mishtann Foods Ltd shares were trading at Rs 13.75 a share, up 1.48 percent from the previous close price. [...]
Every investor in the securities market is in continuous find of stocks that have the capability of giving multi-fold returns to them. Listed below are three multibagger stocks in well-known ace investor Mr. Ashish Kacholia’s portfolio: Knowledge Marine & Engineering Works Limited With a market capitalization of Rs 1,425 crores, the shares of Knowledge Marine [...]
Fundamentally strong companies that have robust financials, such as significant profit growth, a low debt-to-equity ratio, and continuous cash flow. Penny stocks belong to the inexpensive category, with low market capitalizations and limited liquidity in their stocks. Those stocks are more volatile in the market. Listed below are two fundamentally strong Penny Stocks International Conveyors [...]
The company's total market capitalization is Rs. 8,137 Cr, which placed it in the small-cap category. The company share closed 2.20% down at Rs. 403.60 on Monday. In FY 23, the income from the sugar segment was Rs. 4,339 Cr, the revenue from the distillery segment was Rs. 1,164 Cr, and the revenue from other [...]
The initial public offer of Concord Biotech was subscribed 2.03 times on the second day on Monday. Kotak Mahindra Capital Company, Citigroup Global Markets India and Jefferies India are the managers to the offer. The Rs 1,550.59-crore public offering received bids for 2,34,03,680 shares against 1,15,13,609 shares on offer, according to NSE data. The portion [...]
India Cements Ltd on Monday reported a consolidated net loss of Rs 73.58 crore in the April-June quarter mainly due to reduction in selling price and loss of volume. The company had posted a net profit of Rs 83.83 crore during the April-June quarter a year ago, India Cements Ltd (ICL) said in a regulatory [...]
