Fundamentally strong businesses have good financials, such as a low debt-to-equity ratio, significant profit growth, and stable cash flow. These are the stocks that are more likely to survive market downturns and emerge stronger. A debt ratio of zero indicates that the company does not finance additional operations by borrowing at all. For shareholders, this [...]
The Indian government is on the verge of blending 20% ethanol into automotive gasoline in order to minimise reliance on foreign exchange. As a result, the Indian ethanol sector has made great success in recent months, attaining a 10% ethanol blending rate five months ahead of schedule. However, in order to meet the government's blending [...]
The stocks of Priti International Limited closed today at a price of Rs 169.20. The scrip witnessed an intra-day high of Rs 177, gaining around 10 percent compared to the previous closing levels of Rs 161.35. The company has a market capitalization of Rs 200 crores. The stock prices saw such positive movements in the [...]
With a market capitalization of Rs 900 crores, the shares of Kamdhenu Ventures Limited zoomed around 10 percent closing today at Rs 282.20. The scrip hit its all-time high at a price of Rs 286. In the last one month period, the stocks have gained more than 30 percent ranging from Rs 212.70 to the [...]
Benchmark equity indices hit their lifetime high levels on Wednesday, with the Sensex reaching the record 64,000-mark and the Nifty scaling the 19,000 level in intra-day trade, propelled by fresh foreign fund inflows and a rally in the US and European markets. Buying in market heavyweight stocks like Reliance Industries and HDFC Bank added to [...]
The shares of India’s Largest franchisee of Yum Brands closed at a price of Rs 1,415.65 apiece, on Wednesday. The stock fell the day after Mauritius-based firm WWD Ruby Ltd offloaded its entire stake in the company. As per reports, WWD Ruby, a foreign firm, liquidated its entire 4.77% share in Sapphire Foods India on [...]
The stocks of the Indian conglomerate, Adani Enterprises Limited, closed in the green today with the parent company exhibiting a gain of around 5.20 percent at a price of Rs 2,402. Moreover, the shares of Adani Green Energy Limited, the Renewable Energy arm, traded flat and closed at Rs 957. Such sharp movements in the [...]
Indian headline gauges opened at an all-time high on Wednesday, posting gains of more than 1% each, led by gains in financial and oil and gas shares. The BSE Sensex reached a lifetime high of 63716.00 points, while the NSE Nifty 50 reached a lifetime high of 18908.15 points. A lot happened in the past [...]
The shares of BLS International Services Limited surged 6 percent today and are currently trading at Rs 209. The scrip hit its 52-week high at a price of Rs 214.30. Keeping a time horizon of one year, the stock has delivered multibagger returns of around 105 percent. It means that if someone would have invested [...]
The shares of defence equipment manufacturer BEML gained 4 percent to Rs 1,639.90 apiece on Wednesday's session. The stock price increased in response to orders secured by the firm, As per the exchange filing. The company received orders for High Mobility Vehicles from Bharat Electronics Limited (BEL) and Bharat Dynamics Ltd (BDL). The contract's total [...]
