The shares of one of the leading player in Electronics Manufacturing Services gained 10 percent to an all-time high of Rs 1,715 apiece on Monday morning following the company’s impressive June Quarter financial results. At 12:36 p.m., PG Electroplast Ltd shares were trading at Rs 1,655 a share on the National Stock Exchange, up Rs [...]
Harmony Organics is a Pune-based company that manufactures Phenyl Ethyl Alcohol (PEA) and its aroma chemicals are used in the fragrance and flavour industry. The company's flagship products are PEA and Cinnamic Aldehyde, with an installed production capacity of 20,000 tonnes per year at its factory located in Pune. Speciality chemicals company Harmony Organics on [...]
Shares of a small-cap defence stock surged 10 percent to hit the upper circuit on Monday’s early trades after the company reported stellar results for the April to June quarter (Q1FY24). Its shares were locked at ₹ 674.85 apiece on the National Stock Exchange (NSE). Zen Technologies is a leading provider of defence training solutions [...]
Shares of this small-cap stock engaged in the Information Technology (IT) sector jumped up to 7 percent after announcing results for Q1FY23-24. Year-To-Date, the company’s stock has gained more than 50 percent from Rs 1,048.85 to the current price level. With a market capitalization of Rs 8,500 crores, the stocks of CE Info Systems Limited [...]
Companies with a strong financial foundation, such as those with a high return on equity, good earnings growth, low debt-to-equity ratios and good net profit growth, are considered to be fundamentally strong companies. Listed below are two such fundamentally strong stocks under the mid-cap category which are engaged in the IT sector: KPIT Technologies Ltd [...]
A company’s return on equity (ROE) is a gauge of a corporation's profitability and how efficient it is in generating profits during a given period of time. A high ROE indicates that the company is good at converting its equity financing into profits. Ideally, the ROE should be above 15 percent to 20 percent, depending [...]
Indian equity benchmarks— BSE Sensex and NSE Nifty 50 ended higher on Friday, breaking a three-day losing streak, led by financial and IT shares. The Sensex closed for the week at 65,721.25 points (up 480.57 points or 0.74 percent), while the Nifty 50 settled at 19,517.00 (up 135.35 points or 0.70 percent). Meanwhile, here are [...]
“Dividend Yield” is defined as a financial ratio showing how much a company pays out by way of dividends every year relative to the company’s stock price. Listed below are four stocks under the “mid-cap” category having a high dividend yield of up to percent: NMDC Limited With a market capitalization of Rs 33,189 crores, [...]
The market has been volatile the last two days, and in panic, which in part was caused by Fitch’s downgrade of the US credit rating and weak performance by a few key stocks. Sensex fell 1200 points and Nifty by more than 200 points. Amid such a selloff, investors lost close to Rs. 4.5 trillion. [...]
Fundamentally strong companies have strong financials, such as a considerable profit growth,low debt-to-equity ratio and consistent cash flow. Those companies that will continue to grow and be in business no matter the market situation. Listed below are the two fundamentally strong small-cap Auto stocks RACL Geartech Ltd RACL Geartech Ltd is a leading automotive gear [...]
