With a market capitalization of Rs 604 crore, The shares of 3i Infotech Ltd gained 9 percent, After the company received a contract to manage a services partner for its data centre domain. According to the exchange filing, the Company received a contract from One of the leading Indian Private Sector bank to Manage Services [...]
A company is said to be ‘Fundamentally Strong’ when it enjoys the luxury of having a lesser amount of debt in the company leading to a lower burden of short-term obligations. In addition to the above, the financial metrics of such companies are strong enough that they can survive times of distress in the industry. [...]
On Monday, defence sector stocks saw a spike in prices, Hindustan Aeronautics gained 1.20 percent, Mazagon Dock Shipbuilders gained 2.41 percent, Cochin Shipyard by 2.56 percent followed by Bharat Electronics, Garden Reach Shipbuilders, Astra Microwave Products, MTAR Technologies, and Bharat Dynamics. India's government is ramping up its defence preparedness in order to prepare for the [...]
Adani Enterprises Limited, through a regulatory filing with the BSE dated 16th June 2023, informed that Adani Digital Labs Private Limited, a wholly-owned subsidiary of the company, has signed a Share Purchase Agreement (SPA) with ‘Stark Enterprises Private Limited’, also known as Trainman, pertaining to a 100 percent acquisition in the same. The target company [...]
Vijay Kedia is a well-known Indian investor with over three decades of expertise in the business. His major stock-picking approach is based on the term SMILE. This abbreviation stands for small in size, medium in experience, large in ambition, and extra-large in market potential. Vijay Kedia had 13 stocks in his personal portfolio as of March 2023. [...]
With a market capitalization of Rs 3,32,607 crores, the shares of Larsen & Toubro Limited (L&T) traded flat today closing at Rs 2,366.35. Moreover, the scrip hit its new 52-week high mark at Rs 2,419.90. Year-to-date, the stock has gained over 13 percent ranging from Rs 2,089.45 to the current price levels. According to reports, [...]
With a market capitalization of Rs 1,997 crore, Som Distilleries And Breweries Ltd shares surged 5 percent in the second half of Monday’s trade and hit an intraday high of Rs 260.80. The stock jumped after the company commenced trial production at its Odisha plant. The company planned to begin manufacturing early next month, expanding [...]
3 Small-Cap Stocks Deliver Multibagger Returns in Just 3 Months, Generating a Net Profit Surge of 116 Crores A small-cap company/stock with a market valuation of less than Rs 5,000 crores. Small-cap stocks have rapid gains and losses. Investors who are capable of the ups and downs along the way might get rewarded in the [...]
The shares of Jindal Steel & Power Limited (JSPL) opened their trading session today at Rs 558 and currently trade at Rs 573. The scrip witnessed an intra-day high price of Rs 581.15 indicating a gain of around 7 percent compared to the previous closing levels of Rs 544.20. The company has a market capitalization [...]
The shares of Axiscades Technologies Limited started their trading session today at Rs 400 and, within a few minutes, the scrip was locked in the 5 percent upper circuit at Rs 402.20. In the past month, the stock has moved around 9.5 percent ranging from Rs 367.10 to the current price levels. The stock price [...]
