Shares of Larsen & Toubro Limited were trading at the price of Rs 2,361.45 on Friday's early trade. The scrip witnessed an intraday high of Rs 2,364.85 indicating a gain of around 0.90 percent as compared to the previous closing levels of Rs 2,340.40. In the last year stock has gained 48.10 percent ranging from [...]
With a market capitalization of Rs 10,896 crores, the shares of Indian Energy Exchange Limited (IEX) currently trade at Rs 122.30, dragging more than 10 percent as compared to the previous closing levels of Rs 136.45. During the initial few minutes, the stock was locked in the 10 percent lower circuit at Rs 122.8. Moreover, [...]
Steel maker Shyam Metalics and Energy is a small-cap stock with a market capitalization of ₹ 8,109 crores. In terms of installed capacity, it is one of India's top producers of ferroalloys and long steel products. The company recently reported its result for the quarter and the year ended on March 31, 2023. Shyam Metalics’s [...]
A company is said to be ‘fundamentally strong’ when it possesses a low debt-to-equity ratio which resembles a superior position in times of financial distress as compared to its peers in the industry. Moreover, other financial parameters of the company are strong which indicates operational efficiency. Contrary to the strong financial performance and numbers, listed [...]
K&R Rail Engineering Ltd was established in 1998 and has a market capitalization of Rs 939 crores. The company is engaged in railway infrastructure projects such as the laying of tracks, signaling, electrification, and telecommunication in the railway industry. The Company provides end-to-end solutions for railway engineering, procurement, construction, and commissioning services. As per the [...]
Many investors closely track where mutual funds' money flows as they invest huge amounts that can dictate the movement of stock prices. Novice investors might find it difficult to find all pertinent information about a company, so, they tend to follow the activity of institutional money, including mutual funds to make investment decisions. These institutions [...]
The Life Insurance Corporation of India (LIC) has increased its equity shareholding in Tech Mahindra via open market transactions in the past six months. The insurance behemoth mentioned in an exchange filing that its shareholding has increased from m 6,69,25,392 to 8,65,58,538 equity shares. In other words, it increased its stake by 2.01 per cent [...]
Shares of Hatsun Agro Products Ltd gained 6% on Thursday's trading session from the previous close price of Rs 883.80. The stock gained after the board of directors approved a sale of the windmill division. According to the exchange filing, A company's board of directors approved the proposal for a "Slump Sale" transfer of all [...]
With a market capitalization of Rs 3,103 crores, Shares of Jindal Poly Films skyrocketed over 11 percent on June 8, to an intraday high of Rs 749.05, and closed at 4.5% higher than the previous close price. This stunning stock price movement occurred after the business announced the purchase of a stake in the Netherlands-based [...]
Shares of Pressman Advertising Ltd shot up 5 percent on Thursday and reached the 52-week high price. Company shares were locked at Rs 128 apiece on the exchange, After the company announced impressive earnings for the period ending on March 31, 2023. The company's net profit increased by 80 percent to Rs 15.34 crore in [...]
