A small-cap pharmaceutical company with a market capitalization of ₹ 2,115 crores has announced a very high dividend of ₹ 47.50 per share. This includes a final dividend of ₹ 10 and a special dividend of ₹ 37.50 per share. The company that we are referring to is Novartis India. It is primarily engaged in [...]
Shares of this Mid-cap stock zoomed more than 10 percent and touched their 52-week high levels today after a positive outlook on financial parameters by the company. The stocks of Elgi Equipments Limited are currently trading at Rs 596. The scrip witnessed an intra-day high of Rs 623, also recorded as the fresh 52-week high [...]
In Wednesday's first half session, shares of India's leading provider of defence training and anti-drone solutions rose 19 percent to an all-time high of Rs 575 apiece after the company received Rs 340 crore export order. With a market capitalization of Rs 4,764 crores, Zen Technologies Ltd was trading at Rs 563.70 at 1:19 p.m., [...]
Shares of this small-cap stock dragged more than 20 percent today after announcements made by the GST council pertaining to the industry the company operates in. With a market capitalization of Rs 5,200 crores, the shares of Delta Corp Limited started their trading session today at Rs 222.05 and currently trade at Rs 193.30, slipping [...]
Companies that have an ideal amount of debt, usually outshine the market as debt provides financial leverage. The cost of raising debt is usually lower than the cost of raising equity. However, too much debt has its own cons. For example, the company has to pay interest to its lenders, even when it is not [...]
The shares of an infrastructure development company with a market capitalization of Rs 204 crores jumped 18.5 percent in early trade on Wednesday after its subsidiary was awarded an EPC project. MEP Infrastructure Developers Ltd shares were trading at Rs 11.35 at 12:23 p.m., up 12.38 percent from the previous close price. According to an [...]
This small-cap stock delivered multibagger returns of 2914 percent in the past year as its share price increased from ₹ 139.00 to ₹ 4,190.00 apiece. Therefore, if an investor had invested ₹ 1 lakh in its shares a year ago, the value of their holdings would have been ₹ 30.14 lakhs today! Remedium Life Care, [...]
Shares of this Micro-cap stock operating in the ‘Railway’ industry have given multibagger returns of over 1,000 percent in the last one-year period. The stocks of K&R Rail Engineering Limited opened their trading hour today at Rs 498 and currently trade at Rs 472, slipping around 1.50 percent as compared to the previous closing levels [...]
Shares of this small-cap Vijay Kedia stock jumped 14 percent after the release of financial results pertaining to Q1FY23-24. In the last one-month period, the scrip has gained over 25 percent from Rs 567.95 to the current price level. The stocks of Elecon Engineering Company Limited opened flat at Rs 635 in Tuesday’s session and [...]
The benchmark indices closed in the green today with the Sensex gaining 273.67 points and closing at Rs 65,617.84 and Nifty 50 gaining 83.50 points and closing at Rs 19,439.40. Six Nifty 50 stocks that hit 52-week highs in today's session are listed below. Sun Pharmaceutical Industries Ltd Sun Pharmaceutical Industries Ltd is the largest [...]
