With a market capitalization of Rs 115,000 crores, shares of HDFC Life Insurance Company Limited zoomed more than 4 percent today and currently trade at Rs 535. The scrip witnessed an intra-day high of around 8 percent as compared to the previous closing price of Rs 513.30. One of the probable reasons for the stock [...]
Domestic indices opened the week on a higher note. The NSE Nifty 50 jumped 40.25 points or 0.23% to 17,664.3 levels while the BSE Sensex surged 146.74 points or 0.25% to 59,801.80. Going with the positive trends in the market, the Indian railway stocks also shined in the early hours of Monday. Here are 2 [...]
Indian equity benchmarks BSE Sensex and NSE Nifty 50 ended flat following a rangebound session on the last trading day of the week. FMCG and IT shares traded with gains supporting the headline indices, while financial and auto shares traded in the red, limiting the upside. Investors await more financial results from India Inc for [...]
Investing in the stock market is one of the most sought-after ways to compound investments over a long period of time. Investors go through the financials of companies and their business prospects and intend to remain invested in stocks for a long period of time. Years later, these investments grow to give multibagger returns. The [...]
Founded by Jamsetji Tata in 1868, the Tata Group is one of the oldest and most trusted business groups in India. It operates in more than 100 countries and touches the lives of several people in different ways. It not only attracts investments from Indian investors but also from foreign investors. Here are three Tata [...]
Headline indices were deep in the red on Monday, led by a fall in IT shares after their disappointing result. Meanwhile oil & gas and FMCG shares traded in the green. The thirty-share BSE Sensex started the week at 60,385.90 points and the fifty-share NSE Nifty 50 opened at 17,863.00 points. The markets reacted to [...]
A company is said to be ‘Fundamentally Strong’ when it has robust underlying operations. Those companies would be able to run their business even when the sector is facing unfavorable situations. Listed below are 2 of such fundamentally strong companies trading near their 52-week low numbers despite strong financials and profitability metrics. Tata Consumer Products [...]
Shares of Mirza International notched around 10 percent gains on Friday’s early trades to reach an intraday high of ₹ 60.30 apiece on the National Stock Exchange (NSE). Its shares hit the upper circuit for the third straight day, in an otherwise subdued market. Its share price has been on an uptrend and has gained [...]
Cyient Limited’s stock prices jumped nearly 7 percent today and the current price stands to be Rs 1,167. The scrip touched its 52-week high mark at a price of Rs 1,193.70. In the last 5 trading sessions, the stock has gained about 10 percent ranging from Rs 1,064 to the current price levels. Such movements [...]
With a market capitalization of ₹ 311 crores, Affordable Robotic & Automation Ltd is a micro-cap company that provides turnkey automation solutions for all kinds of Industrial automation needs such as line automation, assembly line, conveyor, and so on. Ace investor Vijay Kedia holds 12,28,800 shares or a 12.07% stake in the company, as of [...]
