Making another major deal in the Indian banking space, days after the amalgamation of HDFC Twins, another bank has announced a merger with its parent in an all-stock transaction. Shares of IDFC Ltd gained 6% to reach an intraday high of ₹ 115.70, while the shares of IDFC First Bank lost 6% to reach an [...]
Krishna Kumar Thakur, a 1998-batch officer of Indian Railway Personnel Service (IRPS), has been appointed as a director on the board of BHEL, an official statement said. Prior to joining BHEL, Thakur was heading the human resources and administration function of Central Railway as Chief Personnel Officer, state-owned BHEL said in a statement. "On his [...]
The small-cap stock with a market capitalization of Rs 1,517 crore which is a manufacturer of architectural accessories gained 23.2 percent in the last 5 trading sessions. On Tuesday, Hardwyn India Ltd's shares were locked at a 5 percent upper circuit of Rs 43.50 a share. The stock price increased after the company's board of [...]
The Hinduja Group, India's largest conglomerate, operates the country's fifth-largest private bank by market capitalization and it is the first bank to go live on RBI’s Account Aggregator Framework. IndusInd Bank Limited shares climbed almost 1.5 percent in the first half session on Tuesday, reaching an all-time high price of Rs 1,394. The company has [...]
Mukesh Ambani-owned conglomerate, through a regulatory filing with the Bombay Stock Exchange (BSE) dated 3rd July 2023, announced the launch of “Jio Bharat” 4G phones at Rs 999. Reliance Industries Limited, the most valued company in India, is a conglomerate company operating in various segments, some of which include oil & gas, Financial Services, retail, [...]
NBFCs have started providing their business updates for the first quarter of FY 2023-24. The shares of this large-cap NBFC escalated 8% on Tuesday’s early trades to reach a fresh 52-week high of ₹ 7918.00 apiece. It surpassed its previous high of ₹ 7,777 touched on September 2022. At 11:40 AM, its shares were trading [...]
The shares of this large-cap automobile stock slipped more than 5 percent today after another player in the industry is striving hard to eat up the existing customer base by offering new models at much affordable rates. Eicher Motors Limited is an India-based automobile manufacturer conducting business through two broad product types such as motorcycles [...]
A market leader is a company that has the largest market share in a given industry. It is described based on the highest profitability margin, sales growth, and revenue as well. Here is a market leader small stock with a market dominance of 25%. Finolex Industries Ltd is India's most renowned and exclusive manufacturer of [...]
With a 27 percent market share, India's leading player in the electricity metering solutions business gained 16 percent in the first half session on Tuesday, reaching an all-time high price of Rs 149.70. The shares increased after the company received Rs 2,207.53 crore order. At 12:15 pm, the shares of Genus Power Infrastructures quoted Rs [...]
Stocks with an ‘undervalued’ nature portray characteristics such as having a market value that is lower than their true intrinsic value. The process of investing in such undervalued stocks is called ‘Value Investing’. Listed below are four undervalued Large-cap stocks that investors should keep an eye on: Hero Motocorp Limited Domiciled in India, Hero MotoCorp [...]
