Having healthy profitability ratios is crucial for companies as it enables investors to stay assured about the returns on their investments and is an indicator of the smooth functioning of activities in the company. Herein this article, we will focus on the basic profitability ratios such as the return on equity (ROE) and the return [...]
Shares of Blue Star Ltd gained 2.02% on Tuesday’s intraday trades and settled at ₹ 1518.90 apiece on the National Stock Exchange (NSE). After reporting stellar results, the company announced a 1:1 bonus issue. This means that eligible shareholders will receive 1 bonus equity share for every equity share that they hold in the company. [...]
With a market capitalization of Rs 2,318 crores, Inox Wind Energy Ltd shares surged 18 percent on Tuesday, reaching a 52 weeks high price of Rs 2,148 and closed at the price of Rs 2,055 apiece from the previous close price of Rs 1,815. Substantial movement in the stock price was noticed in response to [...]
Shares of Signet Industries hit the 20% upper circuit on the bourses to reach a fresh 52-week high of ₹52.20 apiece on the National Stock Exchange (NSE). According to an exchange filing, the company recently received orders worth approximately ₹ 120 crores from various EPC contractors. These orders are for pipes in water supply projects [...]
Shares of Man Infraconstruction Ltd gained 4.5 % on Tuesday’s trading session from the previous close price of Rs 107 and reached 52 week high of Rs 111.90. The stock climbed a day after financial services firm Societe Generale purchased 39.31 lakh shares or 1.06 percent of the company. At 1:10 pm, the shares of [...]
Shares of Zee Entertainment tanked 6.6% on Tuesday’s early trades to reach an intraday low of ₹ 182.00 apiece on the National Stock Exchange (NSE) after the Securities and Exchange Board of India (SEBI) barred Essel Group Chairman Subhash Chandra Goenka and Zee Entertainment’s head Punit Goenka from holding any key managerial position until further [...]
With a market capitalization of Rs 6,252 crore, Engineers India's stock rose 3 percent in early trading on Tuesday after the company received an order from the Oil and Natural Gas Corporation Limited (ONGC). According to BSE filing, the Company received an award from ONGC for the Replacement of CSU Off-gas compressors and Regeneration Gas [...]
The shares of MIC Electronics Ltd locked at the 5 percent upper circuit and reached an intraday high of Rs 20.55 on Tuesday's session. The company has a market capitalization of Rs 455 crores. Substantial movement in the stock price was noticed after the company received a project from Indian railways. As per the exchange [...]
Shares of Usha Martin jumped 9.29 percent on Tuesday’s early trades to reach an intraday high of ₹ 296.45 apiece, after brokerage firm Motilal Oswal bought a stake in the company. At 12:39 PM, its shares were trading at ₹ 285.45 a piece. According to the bulk deals data on the National Stock Exchange (NSE), [...]
Shares of Ircon International Ltd shares were trading at Rs 82.90 on Tuesday’s session, down around 1.01 percent from the previous day's closing price of Rs 83.75. The company's market capitalization is Rs 7,792 crore. In the last year, the stock gained 120 percent giving a multibagger return from Rs 37.80 to current levels, Therefore, [...]
