The shares of Rites Ltd gained 2 percent, reaching an intraday high of Rs 387.85 on Friday’s first half session. The company has a market capitalization of Rs 9,172 crores. The stock jumped after the company received an international order. According to the exchange filing, the company signed a Contract Agreement with the National Railways [...]
The stocks that are covered under the umbrella of the ‘Breweries & Distilleries’ sector have been on the rise since the past year and reported stable stock movements in the recent month. Listed below are 2 such stocks that delivered multibagger returns in the past year: Tilaknagar Industries Limited: Tilaknagar Industries Limited is engaged in [...]
With a market capitalization of ₹ 5,839 crores, Jupiter Wagon is a small-cap company that manufactures railway wagons, passenger coaches, wagon components and castings in India. The company also manufactures couplers, draft gears and railway turnouts for the Indian Railways and North American railroads. Jupiter Wagon’s share price rallied 226% in the past year and [...]
The price/earnings-to-growth(PEG) ratio is a valuation metric that describes the relationship between the price of a stock, the earnings generated per share, and the growth rate. PEG Ratio is calculated by dividing the PE ratio of a stock by its percentage EPS growth rate. A PEG ratio of “1” represents a perfect correlation between the [...]
A ‘Blue-chip’ stock is generally defined as a stock of well-established and financially strong companies with an excellent reputation. Moreover, these companies have a long operating history, decent earnings, and pay dividends to their investors on a regular basis. Here in this article, we will look at one such Bluechip stock with an upside potential [...]
Global brokerage JP Morgan believes that demand deterioration in the IT Sector persists in the June quarter as well and that a quick recovery is unlikely over the next six to nine months. It trimmed its Street-low estimates by 1-3 percentage points for a few IT stocks including Tata Elxsi, to bake in the weakness [...]
Shares of Aurionpro Solutions Ltd locked a 5 percent upper circuit on Thursday’s first half of the session from the previous close price of Rs 953.55. The stock climbed a day after Domestic investor Malabar India Fund purchased a stake in the company. According to Moneycontrol, Ace investor Sumeet Nagar's Malabar India Fund bought 2.63 [...]
Varun Beverages Limited is engaged in the business of manufacturing, bottling, and distribution of beverages under the ‘Pepsi brand. Except for the sales within India, it sells its products in certain pre-defined territories such as Nepal, Morocco, etc. The company’s shares are currently trading at Rs 827.45, gaining around 2.50 percent as compared to the [...]
With a market capitalization of Rs 3,060 crores, Nucleus Software Exports Ltd shares were trading at Rs 1,158, up 2.80 percent on Thursday’s trading session as compared to the previous closing price of Rs 1,132. As per BSE filings, Company announced a strategic partnership with Mahindra & Mahindra Financial Services Limited. This collaboration will automate [...]
Bharat Dynamics Limited (BDL) is a government-owned public-sector corporation in India. The company is engaged in the manufacturing of guided missiles and allied defense equipment. With a market capitalization of Rs 20,718 crores, Bharat Dynamics limited shares gained 4 percent on Thursday’s trading session and closed at Rs 1,130.40 apiece, up 2.27 percent. This significant [...]
