Shares of Harsha Engineers International Ltd on Monday listed with a premium of more than 36 per cent against the issue price of Rs 330 apiece. The company's shares made their debut at Rs 444, reflecting a jump of 34.54 per cent against the issue price on the BSE. It later rallied 46.87 per cent [...]
Return on Capital Employed (ROCE) is a ratio used to analyse a company's profitability and capital efficiency. It helps investors and other stakeholders to know how well a company is generating profits from its capital as it is put to use. It indicates what percentage of the total capital is the EBIT (Earnings before interest [...]
On Friday, the Sensex shed 1.73 per cent or 1020.80 points and closed at 58098.92 points. Similarly, the NSE Nifty 50 lost 1.72 per cent or 302.45 points and settled at 17,327.35 points. Stocks fell globally as central banks around the world hiked interest rates to fight inflation. Amid volatility, here are some stocks recommended [...]
The BSE Sensex and the NSE Nifty 50 ticked half a percent lower and the markets had a muted start. Nervousness persisted among investors amid recession warnings from the IMF and the World Bank and the UD Fed’s decision on interest rate hikes due during the week. The thirty-share Index opened at 58,747.31 points, while [...]
Microcap companies have a market capitalization of less than 500 crores. These companies are less popular among conservative investors as they have high risks associated with them. However, it must also be noted that the return by investing in these companies can be huge: Here are four microcap multibagger stocks that were locked in an [...]
REC Ltd, a power sector focussed NBFC that comes under the aegis of the Power Ministry, has been accorded the status of ‘Maharatna’ central public sector enterprise (CPSE). With this, it will achieve greater operational and financial autonomy. The company’s shares are trading at ₹ 101.40 levels in a weak market. The Maharatna status will [...]
The shares of Life Insurance Corporation of India (LIC) declined more than 26% after their market debut on May 17, 2022, and reached an all-time low of ₹ 645.00 apiece on Friday’s intraday trade. The state-owned insurance company’s shares are trading 32.03% below their issue price of ₹ 949 per share. LIC, India’s biggest life [...]
Equity indices fell sharply by nearly 2 per cent each, extending their decline for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to [...]
The shares of Supreme Holdings & Hospitality Limited were trading at Rs 150 levels in the early hours on Friday. In yesterday’s session, the stock reached its new 52-week high of Rs 159.95. In the past five days, the stock has zoomed by approximately 10 per cent. In January 2022, the stock was trading at [...]
Eriska Investment Fund, a Mauritius-based foreign investment firm has bought a stake in Filatex Fashions Ltd, a small cap company listed on the Bombay Stock Exchange (BSE). As per the bulk deal details available on BSE’s website, the foreign institutional investor (FII) bought 7 lakh shares of the company at a price of ₹ 9.17 [...]
