Caplin Point Laboratories Ltd shares closed at Rs 950.60 a share, up 1.28 percent on August 4, at a 52-week high of Rs 978.80 and a market capitalization of Rs 7,217 crores. According to BSE data, the stock has delivered multibagger returns of about 72,723 percent over a 14-year period, spanning from Rs 1.30 in [...]
‘Dividend’ is generally defined as the company’s distribution of its earnings to its shareholders and the same is determined by the Board of Directors. The dividends are often been distributed once in a quarter and the mode of payment could be in the form of cash or reinvestment in the company’s additional stocks. Apart from [...]
P/E (Price to Earnings) ratio defines the ratio of a company's current share price to its earnings per share (EPS), which is frequently employed to define the value of a stock. The Chemical stocks mentioned below have lower-than-average P/E ratios, indicating that their stock prices are undervalued in relation to its earnings.This is considered as [...]
Multipurpose project Damodar Valley Corporation (DVC) has drawn up capital expenditure plans of around Rs 70,000 crore by 2030 to boost power generation capacity from 6,700 MW at present to 16,000 MW, its chairman R N Singh said on Friday. He said DVC will increase its coal-fired power generation capacity through brownfield expansion. It also [...]
This stock has made higher highs and higher lows over the past 5Y and 1Y period and has returned a whopping 250% in 1Y - meaning, if you had invested Rs. 1 Lakh in this stock one year ago, it would have now been worth Rs. 3.5 Lakh! This has been consistent with 3Y returns [...]
Shares of JK Tyre & Industries on Friday jumped nearly 7 per cent after the company reported an over four-fold rise in consolidated net profit at Rs 158.59 crore for the first quarter ended June 30, 2023. The stock rallied 6.73 per cent to settle at Rs 283 apiece on the BSE. During the day, [...]
The Finance Ministry has approved the upgradation of Oil India Ltd to the category of 'Maharatna', a move which will impart enhanced powers to the OIL board while taking financial decisions. ONGC Videsh is a wholly-owned subsidiary and overseas arm of Oil and Natural Gas Corporation Limited (ONGC). To be eligible for the grant of [...]
Devyani International Ltd, a quick service restaurant (QSR) operator, on Friday reported a consolidated net loss of Rs 1.59 crore for the first quarter that ended on June 2023 on account of currency devaluation in the Nigerian market. Shares of Devyani International Ltd on Thursday settled at Rs 188.70 on BSE, down 2.83% from the [...]
Equity benchmark indices Sensex and Nifty snapped their three-session losing streak to close nearly 1% higher on Friday, buoyed by gains in HDFC Bank, Reliance Industries and Infosys amid a largely firm trend in global markets. After three days of decline, the 30-share BSE Sensex climbed 480.57 points or 0.74% to settle at 65,721.25. During [...]
SJVN is a public sector undertaking involved in power trading, thermal and hydroelectric power generation and transmission. State-owned SJVN Ltd has signed a trade agreement with Sikkim Urja Ltd for supply of 180 megawatt (MW) hydro power. As part of the agreement, power will be supplied to distribution licensees and open access consumers, SJVN said [...]
