Shares of Jyoti Resins & Adhesives Limited closed today at a price of Rs 1,400.85 and have a market capitalization of Rs 1,681 crores. The stock reached its all-time high level of Rs 1,818.45 in September 2022 The scrip has given multibagger returns of approximately 47,226 percent during a long-term period of 9 years ranging [...]
Investing in the stock market can be one of the best ways to create wealth in the long term. This can primarily be done through capital appreciation. However, another popular way to make money from the stock market is through dividends. Dividends are a part of the company’s profits that are paid to the shareholders. [...]
With a market capitalization of ₹ 24,685 crores, Tata Chemicals is a mid-cap stock. Its shares were trading at ₹ 975 levels on Friday’s early trades. The company operates through two business segments: basic chemistry products and speciality products. Its products are used in sectors like glass, detergent, pharmaceutical, biscuit production, bakeries and so on. [...]
Net interest margin (NIM) is a ratio that defines a bank's profitability. It quantifies the difference between the interest revenue earned on loans and the interest paid on deposits. A higher NIM often suggests that the bank is more profitable. Bank's net interest margin can be influenced by multiple variables, the most important of which [...]
With a market capitalization of Rs 28,970 crores, the stocks of Bharat Heavy Electricals Limited closed today at Rs 83.20, gaining around 1.50 percent as compared to the previous closing price of Rs 82. Having a say about the company’s order book, it secured orders worth Rs 23,548 crores during FY22-23 and put an end [...]
InterGlobe Aviation Limited(doing business as IndiGo Airlines) is engaged in aviation management, hotel development, and management services. The company also works in passenger and cargo management and also offers travel distribution services, such as itineraries and domestic. On Friday, the company's stock closed at Rs 2,385.75 a share, with a market capitalization of Rs 91,981 [...]
A significant metric to take a look at before investing in stocks is the debt-to-equity ratio. The amount of capital that has been raised for the operation of a business can be measured by the debt-to-equity ratio. Additionally, it signifies a company's stability and capacity to raise more money in order to grow. The 4 [...]
PSUs(Public sector Undertakings) are government-owned companies in India, in which 51% or more share capital is owned by governments. However, it can be the central or state government, presently in India there are 90 listed PSUs. All listed PSUs will contribute Rs1 lakh crore in dividends in FY23, with the government owning almost 61 percent [...]
France-based financial services company Societe Generale has acquired 4,16,500 shares or a 1.35 percent stake in MTAR Technologies via open market transaction on June 01, 2023. It bought these shares at an average price of ₹ 1880.00 apiece, taking the transaction value to ₹ 78.30 crores. However, the company’s promoter Leelavathi Parvatha Reddy offloaded 3,47,000 [...]
Shares of Paras Defence and Space Technologies Ltd skyrocketed on Friday, registering 9% gains to reach an intraday high of ₹ 545.40 apiece. This happened after the company inked a joint venture with Israel-based Controp Precision Technologies. At 12:41 PM, the company’s shares were trading at ₹ 541.10 apiece, up 8.23%. Paras Defence and Space [...]
