Fundamentally strong companies possess strong financials, such as a low debt-to-equity ratio, considerable profit growth, and consistent cash flow. Those company’s have capability to survive in market downturns and emerge stronger. A debt-free firm indicates that the company has no debt or external borrowing.A debt-free firm is one that is entirely self-sufficient and does not [...]
Shares of this Pharma stock jumped up to 12 percent today after announcing results for the quarter ending June 2023. Year-To-Date, the scrip has soared close to 40 percent from Rs 1,208 to the current price level. The company has a market cap of Rs 21,000 crores. The stocks of Ajanta Pharma Limited started their [...]
Shares of this small-cap IT stock jumped 19 percent today after showcasing decent growth in numbers during the quarter ending June 2023. In the past six months, the company’s stock soared 56 percent from Rs 432 to the current price level. With a market capitalization of Rs 9,162 crores, the stocks of Intellect Design Arena [...]
Shares of one of India's fastest-growing infrastructure firm gained 1.5 percent in early trading on Friday after its board approved to Purchase Stake in Michigan Engineers Ltd. At 12:37 p.m. Welspun Enterprises Ltd shares were trading at Rs 237.50 a share on the National stock exchange, down 0.84 percent from previous close price and the [...]
Multibaggers are stocks that give multifold returns. When picked for investment, these stocks are usually undervalued, have strong fundamentals and have the potential to scale quickly. To be able to make wealth, investors have to buy a substantial amount of multi-bagger stocks and stay invested for a certain amount of time. Here are two multibagger [...]
Shares of India’s fourth largest private bank by market value, hit their fresh 52-week high of ₹ 990.00 on Thursday’s intraday trades after the banking company announced its results for the June quarter of the financial year 2023-24. Its shares were trading at ₹ 952.05 apiece on Friday trade. Axis Bank’s net interest income grew [...]
Ace investor Mukul Agrawal increased his holdings in eight stocks and added two stocks to his portfolio. According to the latest filings, he publicly holds 56 stocks with a net worth of over ₹ 3824.8 crores. Here are a few stocks in which he increased his holdings: Capacite Infraprojects Ltd. Capacite Infraprojects is primarily engaged [...]
Ace investors are those who invest big sums of money in a firm in order to make a higher return over time. They often conduct extensive research in order to pick the finest stocks for investing purposes and to multiply their money. However, because ace investors' investments are referred to as market experts portfolios, many [...]
A real estate development company has announced a bonus issue in the ratio of 1:2 and has fixed August 18, 2023, as the record date for determining the eligibility of shareholders to the entitlement of bonus shares. Accordingly, those shareholders who hold the shares of Lancor Holdings as of the record date will receive one [...]
Shares of this multibagger PSU rail stock slipped 6 percent in Thursday’s trading session after the Promoter proposed to sell a stake in the company. With a market capitalization of Rs 26,271 crores, the stocks of Rail Vikas Nigam Limited closed at Rs 126 apiece exhibiting a fall of 6 percent as compared to the [...]
