Legendary fund manager Peter Lynch’s book ‘One Up on Wall Street’ is a bible for many stock market investors. He has classified stocks into six stock categories — slow growers, stalwarts, fast growers, cyclicals, turnarounds and asset plays. Fast Growers are the favourite category among most investors. These are small and aggressive companies that grow [...]
Domestic benchmark indices started the week on a buoyant note and ended at a five-month high on Monday, led by earnings and inflation data. In fact, they have been gaining since April 21, 2023. The 30-pack Sensex gained 2.97% and the 50-pack Nifty gained 2.94% during this period, leaving investors wondering about the gain in [...]
Renewable energy solution provider Suzlon has bagged a 99-MW wind energy project from Vibrant Energy. "Suzlon Group has received an order from Vibrant Energy for 33 wind turbine generators featuring its new 3 MW (each) series with a Hybrid Lattice Tubular tower for a 99 MW wind power project which is expected to be commissioned [...]
Leading cinema exhibitor PVR INOX plans to close around 50 loss-making screens, having an accelerated depreciation. "The company plans to shut down approximately 50 cinema screens over the next 6 months," said PVR INOX in its investor's update for the fourth quarter and financial year ending of March 31, 2023. These properties are loss-making, or [...]
Triveni Turbine Ltd (TTL) on Tuesday posted a 68.5 per cent jump in its consolidated net profit at Rs 55.6 crore during March 2023 quarter, boosted by higher revenues. It had clocked Rs 33.0 crore net profit during January-March quarter of preceding financial year 2021-22, TTL said in a statement. The company's revenues from operations [...]
IT major TCS and Intellect Design Arena are in the race for a contract for the development of an advanced version of public procurement portal GeM, sources said. The government invited tenders for new GeM (Government e-marketplace) portal development work in February-March this year and after scrutiny of the bids, TCS and Intellect Design Arena [...]
Telecom operator Bharti Airtel on Tuesday posted a 49.2 per cent jump in its consolidated net profit to Rs 3,005.6 crore for the fourth quarter ended March 31, 2023. The company had recorded a net profit of Rs 2,007.8 crore in the same period a year ago. Bharti Airtel's consolidated revenue from operations grew by [...]
Indian Hotels Company Ltd (IHCL) on Tuesday announced the signing of a 400-key Taj branded hotel at Indira Gandhi International Airport's Terminal 3 in New Delhi in partnership with Chalet Airport Hotel. The 400-key hotel will be situated adjacent to the Indira Gandhi International Airport's Terminal 3, an integrated terminal used for both international and [...]
Blue-chip stocks are usually defined as stocks of typically large, financially sound, and well-established companies operating for many years and having dependable earnings. The market capitalization of the stocks is that of the large-cap stocks. Such kinds of stocks are also been observed to pay dividends to their investors. Listed below are 2 such Blue-chip [...]
The Benchmark Indices closed in the red today with the Sensex losing 413 points equating to 0.66 percent currently standing at Rs 61,932.47 and the Nifty 50 losing 112 points which equates to 0.61 percent and stands at Rs 18,286.50. Listed below are 3 stocks that hit the 52-week high levels today: Housing And Urban [...]
