Shares of this small-cap stock jumped up to 11 percent after announcing its results for the first quarter ending June 2023 (Q1FY23-24). The company’s market capitalization stands at Rs 1,378 crores. The stocks of GTPL Hathway Limited opened their trading hour at Rs 119 and currently trade at Rs 121.30. The scrip witnessed an intra-day [...]
Shares of this small-cap broking stock are trading in the red today and dipped more than 6 percent after an alleged failure to monitor the operations of its Authorised Persons (APs). With a market capitalization of Rs 13,448 crores, the stocks of Angel One Limited are trading at Rs 1,605, a dip of around 6 [...]
The shares of the world's biggest manufacturer of medium-duty defence vehicles, with a 32 percent market share in the medium and heavy commercial vehicle class, gained 1.6 percent to hit a 52-week high of Rs 174.60 after receiving a major defence order. At 12:30 p.m., Ashok Leyland Ltd shares were trading at Rs 173.50 per [...]
A low price-to-earnings ratio (P/E) indicates that a company’s stock price is relatively low as compared to its earnings. Investors use this metric not only to determine a stock's market value but also in determining future earnings growth. The P/E ratio is used in comparison with the industry average and also with the historical P/E. [...]
The Tata Group is synonymous with trust in India. It is one of the oldest business groups in the country which has a presence in various industries like power, automobile, metals, consumer products and so on. In fact, many of these companies have been great investment options for many years. Here are a few Tata [...]
Net Profit margin is one of the most important parameters for the company to judge its performance on multiple dimensions, i.e., across periods, with peers in the industry, etc. The same is also aggressively tracked by analysts of all the Brokerage Houses. Focusing on the same, listed below are 3 stocks with Multibagger returns under [...]
Indian equity gauges— BSE Sensex and NSE Nifty 50 rallied to a record high on Friday. Some of the top gainers included TCS, Infosys, Tech Mahindra, LTI Mindtree and HCL Technologies. On the other hand, some of the top losers included HDFC Life, M&M, Power Grid Corporation, Titan Company and Dr Reddy’s Laboratories. Meanwhile, here [...]
‘Dividend’ is usually defined as the distribution of a company's earnings to its shareholders and is determined by its Board of Directors. They are often been distributed once in a quarter and the mode of payment could be in the form of cash or reinvestment in additional stocks of the company. Moreover, ‘Dividend Yield’, an [...]
The “Dividend Yield” is a well-known metric showing how much a company pays out s dividends relative to its stock price. Generally, the dividend yield is expressed as a percentage of the stock prices. Listed below are 2 Micro-Cap stocks that possess a dividend yield of up to 10 percent: PTL Enterprises Limited With a [...]
Companies with a fundamentally strong nature portray some key characteristics such as low debt-to-equity ratio, strong and consistent financial numbers and ratios, etc. These characteristics help them survive the financial stress faced by peers in the industry. Listed below is one such fundamentally strong stock from the Tata Group universe which is currently trading at [...]