A large-cap railway company’s share price ascended from ₹ 27.40 to ₹ 48.30 or by 76.28 percent in a span of four months. The stock got listed on the bourses in January 2021 and witnessed a flat listing. In fact, it grew sideways until October 2022, giving no significant returns to its investors. However, it [...]
Shares of a leading renewable energy supplier rose 5 percent to Rs 865 apiece on Friday after the company won a solar Photovoltaic Power Project. At 12:30 p.m., KPI Green Energy Ltd shares were trading at Rs 846.55 a share on the National Stock Exchange, up Rs 21.85 or 2.65 percent. The company has a [...]
Shares of this penny stock under Rs 10 hit the 5 percent upper circuit after receiving an order from Oil and Natural Gas Corporation Limited (ONGC). With a market capitalization of Rs 172 crores, the stocks of Madhav Infra Projects Limited are locked in the 5 percent upper circuit on Friday at a price of [...]
Cummins India Limited, the major division of Cummins in India, was established in 1962 and is the top producer of diesel and natural gas engines there. Engine, Power Systems, and Distribution are the three business units that make up Cummins India Limited, one of the seven legal companies that make up the Cummins Group in [...]
Shares of a multibagger healthcare stock hit the 20 percent upper circuit to reach a record high of ₹ 324.65 apiece on the National Stock Exchange (NSE). A huge buying interest emerged after it announced that Tata Capital Healthcare Fund will be buying a stake in it through a preferential issue. The company informed the [...]
One of the biggest providers of mortgage loans for homes in India is LIC Housing Finance Limited (LIC HFL), which has its registered and corporate offices in Mumbai. A LIC subsidiary firm is LIC HFL. The company's primary goal is to offer long-term financing to individuals for the purchase or building of homes or apartments [...]
The banking industry is the backbone of the economy, which also goes through its own phases of ups and downs. When the economy is doing well, loans and borrowings increase, which contributes to good growth in banks. Banks reported impressive results in the June quarter of FY24, with robust margin expansion, healthy loan growth, and [...]
The Life Insurance Corporation of India (LIC) is the country’s biggest Domestic Institutional Investor (DII). It has invested in companies across various sectors and many investors keep track of the changes in its portfolio. Here are a few stocks in LIC’s portfolio that have a current market price of below ₹ 100: Union Bank of [...]
The debt-to-equity ratio is an important indicator to consider when investing in any company’s.The debt-to-equity ratio quantifies the amount of capital raised for the operations of a company. Furthermore, it signifies a company's stability and ability to raise additional capital in order to grow. The debt to equity ratio compares an organisation's liabilities to its [...]
The largest privately owned thermal power producer in India is Adani Power Limited (APL), which is a member of the diversified Adani Group. A 40 MW solar power project in Gujarat and 12,450 MW of thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh make up the company's total power-producing capacity. Shares of Adani [...]
