The Indian market is considered a well-recognized Automobile manufacturing hub on a global scale because of its low-cost production. India is the 4th largest Automobile producer in the world averaging an annual production of over 4 million motor vehicles. Although vehicle production was hampered due to the global pandemic, the current situation is easing and [...]
Domestic Benchmark Indices started in the green on Friday. In the past year, the BSE Sensex gained nearly 12% and the NSE Nifty 50 gained 11.40%. However, here are a few Tata Group stocks that rallied more than 40% and outperformed the benchmark indices: Oriental Hotels Ltd Oriental Hotels Ltd is primarily engaged in the [...]
Shares of Aurum Proptech Limited opened their trading hour at Rs 120.80 and are currently trading at Rs 128. The scrip witnessed an intra-day high of Rs 134.30, which is a gain of around 14 percent as compared to the previous closing levels of Rs 117.50. The company has a market capitalization of Rs 500 [...]
Shares of NCC Ltd. surged 3% on Friday to reach an intraday high of ₹ 126.50 apiece from the previous close price of ₹123. In the last three trading sessions, the company’s shares have raised 9 percent from around ₹115 apiece level to ₹ 125.15 level. This remarkable increase in share price happened after the [...]
The Piotroski score is usually defined as a discrete score between ‘zero’ and ‘nine’ that mainly reflects nine criteria's for the purpose of determining the strength of a firm's financial position. This score is used by people to determine stocks with the best value, with nine being the best and zero being the worst. Listed [...]
Patanjali Foods, the erstwhile Ruchi Soya Industries, on Wednesday, said that its promoters are planning to sell shares to institutional investors in June to meet minimum public shareholding norms. Baba Ramdev-led Patanjali Foods Ltd acquired the erstwhile Ruchi Soya Ltd in September 2019 through a corporate insolvency resolution process. Patanjali Foods, formerly Ruchi Soya Industries, [...]
HDFC Life Insurance Company Ltd, is a leading private life insurance company in india, offering a wide range of individual and group insurance solutions. HDFC Life has been among the top 3 players within the private sector space with a market share of 17% as of FY23. The company’s stock closed at a price of Rs [...]
Benchmark indices were in the red today with the Sensex losing 194 points and closing at Rs 62,428.54. Moreover, the Nifty 50 index slipped 47 points and closed at Rs 18,487.75. Showing a contrast to how the markets moved, listed below are 3 stocks that hit the 20 percent upper circuit today: Nureca Limited The [...]
Shares of the public sector undertaking UCO Bank traded in the green today and closed at Rs 27.80. The scrip witnessed an intra-day high of Rs 28.30, gaining around 8 percent as compared to the previous closing price of Rs 26.30. The company has a market capitalization of Rs 33,237 crores. Keeping a purview of [...]
Shares of KPIT Technologies gained 5.21% on Thursday’s early deals to reach a fresh 52-week high of ₹ 1,118.40 apiece on the National Stock Exchange (NSE). At 02:52 PM, its shares were trading at ₹ 1096.50 apiece. KPIT Technologies provides automobile, engineering and mobility-based software solutions. It analyses data for diagnostics, maintenance and tracking of [...]
