Beer maker United Breweries Ltd, controlled by Dutch multinational brewing company Heineken, plans to infuse around Rs 350 crore as capital expenditure in 2023 to meet the expected volume growth in the country, according to a top company official. The company has "good capex plans" in place for its breweries to meet anticipated volume growth [...]
National Standard (India) Limited shares have returned 22,479.68% in just four years, rising from Rs 21 to the current level of Rs 4,944 per share on BSE. This demonstrates the power of compounding that can be obtained through long-term investments. If an investor would have invested Rs 1 lakh in the company in October 2019, [...]
A company that has strong business tends to have robust fundamentals. These companies tend to survive even when they hit turmoil. Here are four fundamentally strong stocks to add to your watchlist for an upside of up to 52%: Jindal Steel & Power Limited The shares of Jindal Steel & Power were trading 3 per [...]
Many newly listed companies are reeling under pressure amid the volatility in the markets. The BSE Sensex closed marginally higher at 59,960 points, up 0.34% on Friday, while the Nifty was quoting at 17,787 points, up 0.28%. Here are two stocks in which CITI sees an upside of up to 94%: Life Insurance Corporation of [...]
The week started on the auspicious day of Diwali and the beginning of Samvat 2079. The markets were closed on Monday, except for the one-hour-long Muhurat trading session. The markets traded with great positivity and the headline gauges were in the green. The BSE Sensex was at 59830 levels, up 524 points, while the NSE [...]
Domestic courier company Blue Dart Express on Friday reported a marginal rise of 3.4 per cent in its consolidated net profit at Rs 93.6 crore for the quarter ended September 30, 2022. The company had posted consolidated net profit of Rs 90.5 crore in the year-ago period, it said in a BSE filing. The company's [...]
Coffee can investing is the “buy and forget” approach to investing. It is a low-risk strategy to build enormous wealth over a period of time. Investors buy a variety of stocks that have performed consistently and stay invested in them for a long period, say ten years, to be able to generate multibagger returns. The [...]
Dr Reddy's Laboratories Ltd on Friday said its consolidated profit after tax (PAT) for the quarter ended September 30, 2022 was up by 12 per cent at Rs 1,112.80 crore as against Rs 992 crore in the same quarter a year ago. Revenues during the quarter under discussion were up by nine per cent to [...]
The shares of FSN E-Commerce Ventures Ltd Nykaa have reached a new All time low of Rs 975 after it declined by 5 percent till the afternoon on Friday. In the past five days, the stock price has shed approximately 15 percent. In the past month, the stock has shed approximately 22 percent and so [...]
Tata Power on Friday reported about an 85 per cent rise in its consolidated net profit to Rs 935.18 crore in the September 2022 quarter, mainly on the back of higher revenue. The consolidated net profit of the company was Rs 505.66 crore in the quarter ended September 30, 2021, a BSE filing stated. The [...]
