In the past month, the company’s share price increased by 85 percent. Moreover, it has delivered multibagger returns of 1221 percent in the past five years. Therefore, if an investor had investor had invested ₹ 1 lakh in its shares five years ago, the value of their holdings would have been ₹ 13.21 lakhs today! [...]
With a 60-year legacy, the shares of this Leading global and India's No. 1 specialized steel wire rope supplier increased 2.85 percent in the first half of Monday's trade. Usha Martin Ltd shares were trading at Rs 287.10 on the NSE at 1:43 p.m., up 2.06 percent, after Societe Generale bought a 0.5% stake in [...]
Shares of this small-cap stock engaged in the logistics industry jumped 6 percent today after it provided key business updates in a recent filing with the Bombay Stock Exchange (BSE). In the past one month, the scrip has gained about 8 percent from Rs 121.70 to the current price level. With a market capitalization of [...]
The share of India's best-selling red wine and largest wine manufacturer, with a 50 percent share in the domestic wine market, gained by 6% on Monday's trade. At 12:33 p.m., Sula Vineyards Ltd shares were trading at Rs 463.45, up 4.15 percent, This surge came in response to strong sales growth in its June quarter [...]
A multibagger company from ace investor Ashish Kacholia’s portfolio has declared a buyback. He holds 11,02,527 shares or a 1.01 percent stake in the company, as per the latest shareholding pattern. Goldiam International has informed the bourses that its board has approved the proposal to buyback up to 21,79,493 ( 21.79 lakh) fully paid-up equity [...]
A small-cap multibagger stock that doubled investor’s money in merely three months, soared 14.35 percent after it bagged an order that is worth more than its market capitalization. The company’s share price increased by 114 percent in the past three months. In fact, it gained 42 percent in just the past five days! Shares of [...]
Shares of Vinati Organics Limited closed today at a price of Rs 1,820.95 and have a market capitalization of Rs 18,700 crores. The stock reached its all-time high level in September 2019 which was Rs 2,511. The scrip, as per the BSE data, has given multibagger returns of approximately 1,73,800 percent during a long-term period [...]
On Friday, domestic benchmark indexes closed in the red. The BSE Sensex fell 505.19 points, or 0.77%, ending the week at 65,280.45. Similarly, the NSE Nifty 50 fell 165.50 points, or 0.85%, to 19,331.80. Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 35%: Federal Bank Ltd Federal Bank [...]
Having a ‘nil’ debt-to-equity ratio leads the company to have less burden of short-term interest obligations and use the same corpus for application towards other productive departments. Listed below are two debt-free stocks which have price-to-earnings (P/E) and price-to-book value (P/BV) ratio lesser than the industry averages: JSW Holdings Limited The shares of JSW Holdings [...]
Investors primarily make money in the stock market through capital appreciation and through dividends. Dividends are a part of the company’s profits that are paid to shareholders whose names appear in the register of members as on the record date. The ex-date is the date on which a stock starts trading without the benefit of [...]
