With a market capitalization of ₹ 36,981 crores, United Breweries is a mid-cap company that is engaged in the business of manufacture and sale of beer and non-alcoholic beverages. The company recently reported an 11.29 percent increase in its revenue from operations to ₹ 4,092.80 crores for the January to March quarter of 2023, against [...]
Shares of Capacite Infraprojects Ltd opened higher on Monday and hit an intraday high of ₹144.80 logging over a 12 percent rise. At the end of the session, the stock closed at Rs 138.25 which is about 7.4 percent higher than the previous closing levels of Rs 129.45. In the last year, the stock has [...]
Shares of Zen Technologies Ltd hit an intraday high of ₹324.70 logging over a 13 percent rise on Monday. The stock ended the session at Rs 308.20 levels which is about 8 percent higher than the previous closing level of Rs 285.50. In the past 6 month period, the stock has jumped around 51.39 percent [...]
Shares of One97 Communications (Paytm) were upbeat on Monday, after brokerages projected up to 59% upside in its share price, following an update about its March quarter earnings and business updates for April. Continuing their gaining streak to the 6th session, the company’s shares shot up 5.41% on Monday to reach an intraday high of [...]
Shares of Nitin Spinners Limited were down around 3 percent today and currently trades at Rs 243. Ace Investor Ms. Dolly Khanna has invested in the stock and holds 747,793 shares totaling a holding value of approximately Rs 18.2 crores. The company, recently, announced results for the last quarter as well as for FY22-23 and [...]
Battery maker Exide Industries on Monday posted a consolidated net profit of Rs 181 crore for the fourth quarter ended March 31, 2023. The company had logged a net profit of Rs 3,953 crore in the year-ago period, boosted by one-time income on account of sale of its subsidiary Exide Life Insurance Company Ltd. Revenue [...]
CG Power and Industrial Solutions on Monday said its consolidated profit after tax (PAT) rose multi-fold to Rs 428.22 crore in March quarter 2022-23 on account of increased income. It had reported a PAT of Rs 111.65 crore for the year-ago quarter, the company said in a BSE filing. Total income surged to Rs 1,917.05 [...]
Stocks of Olectra Greentech Limited started its trading session at Rs 688 and currently trades at Rs 675. The scrip, during the early trading hours, witnessed an intra-day high figure of Rs 711.90 representing a gain of approximately 10 percent as compared to the previous closing price of Rs 644.90. Such stock movements have been [...]
Shares of ethnic wear manufacturer TCNS Clothing crashed 20% on Monday and witnessed its biggest single-day drop since its IPO in 2018. Its share price reached an intraday low of ₹ 416.75 apiece on the Bombay Stock Exchange (BSE), after announcing its merger with Aditya Birla Fashion and Retail Limited (ABFRL). TCNS Clothing is the [...]
Investors emphasize foreign institutional investments (FIIs) before investing in the stock marketbecause they have a tendency to pull the market in any direction. The FII data has been crucial inpredicting market sentiments over the years as any increase by them tends to show a positivesentiment about the stock. Having said that, here are three stocks [...]
