Small cap Stocks that have consistent financials and superior fundamentals are currently trading at a discount price. These companies are well-established and have a strong presence in the Indian market. Here are three stocks trading at a 25 percent discount from their 52-week high price Tamilnad Mercantile Bank Ltd: India’s one of the oldest private [...]
Shares of Safari Industries (India) Limited closed today at a price of Rs 2,916.15 and have a market capitalization of Rs 6,900 crores. The stock reached its all-time high level of Rs 3065.95 on the 19th of June 2023. The scrip, as per the BSE data, has given multibagger returns of approximately 90,300 percent during [...]
One of the best wealth-building strategies is investing in the stock market. Capital appreciation and dividend income help investors to build wealth in the long term. Dividends are sums of money distributed to shareholders from the company's profits. Companies may decide to pay dividends to shareholders when their operational expenses and ongoing projects are sufficiently [...]
Monopoly businesses have no or little market competition due to a single-player existence. Monopolistic enterprises benefit from economies of scale, resulting in lower average costs. Such companies usually control the market and are solo or large players in the market. Here is a monopoly stock with more than 90% market dominance. India's largest airport service aggregator [...]
A company with a ‘fundamentally strong’ nature portrays two basic characteristics, the first being the favourable debt-to-equity ratios and the second being strong financial numbers giving the company an edge at times of financial distress faced by peers in the industry. Herein this article, we will analyze one such fundamentally strong stock with an upside [...]
Shares of Loyal Equipments Ltd hit the 5% upper circuit on Friday’s early trades to reach an intraday high of ₹ 113.10 apiece on the Bombay Stock Exchange (BSE), after the company received an order. At 02:44 PM, its shares were locked at ₹ 113.10 apiece. Loyal Equipments is engaged in the business of manufacturing [...]
Shares of Tube Investments of India, a Murugappa Group company gained 5.5% on Friday’s early trades to touch a fresh all-time high of ₹ 3,398.70 apiece in an otherwise weak market due to a healthy business outlook. Tube Investments of India Limited (TII) is one of India’s leading manufacturers of a wide range of products [...]
The stocks of Sterling and Wilson Renewable Energy Limited (SWREL) are currently available for Rs 293. The scrip witnessed an intra-day high of Rs 313, gaining around 5 percent compared to the previous closing levels of Rs 298. The company has a market capitalization of Rs 5,532 crores. In the year 2022, the renewable energy [...]
Shares of Hindustan Construction Company tanked 6.7% to reach an intraday low of ₹ 19.60 apiece on the National Stock Exchange (NSE) after multiple bulk deals took place on the counter. At 01:28 PM on Friday, its shares were trading at ₹ 19.95, down 5.00%. Hindustan Construction Company (HCC) is one of the oldest infrastructure [...]
With a market capitalization of Rs 458 crore, Shish Industries shares gained 2.2 percent of Rs 406.95 reaching a 52-week high price on Friday’s early trade. As per the company’s filing, its board recommended a bonus issue of 2:1. This implies that for every share owned by an investor, two additional shares will be credited. [...]
