Shares of the listed contract research and manufacturing services arm of Biocon gained 6.6 percent on Thursday’s intraday trades to reach a fresh 52-week high of ₹ 813.00 apiece on the National Stock Exchange (NSE) after the company reported robust results for the June quarter (Q1) of FY 2023-24. Syngene International, Biocon’s subsidiary and India’s [...]
Shares of the largest Indian player in the US generic drug industry jumped nearly 6.5 percent in early trade and reached a 52-week high of Rs 834.80 on July 27 after the business announced the establishment of a subsidiary in Russia. At 1:15 p.m., shares of Aurobindo Pharma were trading at Rs 839.40 , with [...]
Shares of this small-cap stock jumped up to 8 percent today after bagging new orders worth over Rs 2,261 crores. With a market capitalization of Rs 10,000 crores, the stocks of Kalpataru Projects International Limited (KPIL) currently trade at Rs 620. The scrip witnessed an intra-day high, also marked as the new 52-week high price, [...]
Shares of Maharatna, with a market value of Rs 49,399 crore, rose 8.7 percent to a 52-week high of Rs 188.70 per share after the company announced strong June quarter financial results. At 2:00 p.m., REC Limited shares were trading at Rs 188.30 a share on the National stock exchange, up 8.50 Rs or 14.75 [...]
Shares of this large-cap pharma stock jumped 12 percent today post the announcement of financial results for the quarter ended June 2023. In the last one-month period, the company’s stock gained over 18 percent from Rs 1,009 to the current price level. The stocks of Cipla Limited started their trading session today at Rs 1,115 [...]
Shares of a large-cap IT company slumped 5.3 percent to reach an intraday low of ₹1,082.30 apiece after a poor show in its Q1FY24 results (April to June 2023). At 12:36 PM, its shares were trading at ₹ 1118.25 per share. According to an exchange filing, Tech Mahindra’s profit decreased by 38.68 percent to ₹ [...]
The shares of the transformer manufacturer surged 5 percent to a 52-week high of Rs 40.86 per share on Thursday after the company released strong June quarter financial results, Alfa Transformers Ltd shares reached the upper circuit on the Bombay Stock Exchange on Thursday, with a market capitalisation of Rs 37 crore. According to the [...]
The shares of this small-cap stock jumped up to 15 percent today after announcing financial results pertaining to Q1FY23-24. With a market capitalization of Rs 10,000 crores, the stocks of Godfrey Phillips India Limited currently trade at Rs 1,922. The scrip witnessed an intra-day high of Rs 1,975 representing a gain of around 15 percent [...]
Indian investor and trader Vijay Kishanlal Kedia is the largest stakeholder in a number of publicly traded firms. His major stock-picking approach is based on the term SMILE. This abbreviation stands for small in size, medium in experience, large in ambition, and extra-large in market potential. Return on equity(ROE) signifies a company's ability to generate returns [...]
Individual investors must consider the holdings of domestic institutional investors(DIIs) since they trade in large quantities on an ongoing basis, forcing the market to change in their direction. Furthermore, these domestic investors compensate for the withdrawal of funds by FIIs and function as a buffer against market volatility. Here are three Small-Cap stocks with High [...]
