The shares of Kshitij Polyline Limited opened at Rs 91.75 to reach its new 52-week high and got locked in an upper circuit of 5 per cent. In the last five days, the stock has zoomed by more than 17 per cent. In the span of a month, the stock has gained 70 per cent. [...]
Banking major, State Bank of India (SBI) Limited’s shares reached a lifetime high of ₹ 574.85 apiece on the National Stock Exchange (NSE). The shares surged 3.02% on Wednesday’s trades. The public sector lender stood seventh in the overall market cap ranking with a market cap of over ₹ 5 lakh crores on Wednesday’s trades. [...]
Breakfast cereal producer Kellogg India's revenue from operation was up 14.12 per cent in 2021-22 to Rs 1,332 crore as compared to the previous year. Its profit after tax in FY22 jumped 42.94 per cent to Rs 102.51 crore as against Rs 71.71 crore a year ago, as per the data provided by business intelligence platform [...]
Helped by an increase in demand for cooling products due to intense summer this year, Tata group firm Voltas has sold around 1.4 million units of residential air conditioners till August this year. Voltas crossed this one-million-plus sales mark for the seventh consecutive year in a row, the company said a statement. The company sold [...]
The auto component industry should focus on enhancing localisation, improving manufacturing quality and keep investing in emerging technologies for a sustainable growth, Maruti Suzuki Executive Chairman Kenichi Ayukawa said on Wednesday. Speaking at the 62nd session annual session of ACMA here, Ayukawa, who is also the president of auto industry body SIAM, noted that localisation [...]
There are generally two ways to earn in the stock market i.e, Capital appreciation and Dividends. While capital appreciation happens over time through active investing, Dividend is a source of passive income. Here are two stocks that will pay a dividend of more than 1000%: Bajaj Holdings And Investment Limited The shares of the Bajaj [...]
“Every time a popular stock goes ex-bonus/split & the price drops on ex-date, there is panic or greed among many investors because they think they've made a loss or that the stock has become cheaper,” tweeted Nithin Kamath, Founder and CEO, Zerodha. He took to Twitter to explain what a stock split means and that [...]
Headline Indices suffered deep cuts as they opened lower on Wednesday. The BSE Sensex quoted at 59417 points, down 1150 points, while the NSE Nifty 50 was at 17771 points, down 300 points. The thirty-share index reclaimed the 60,000 mark on Monday, whereas the fifty-share index reclaimed the 18,000 mark on Tuesday. However, the benchmark [...]
Till the afternoon on Tuesday, the Sensex was up 513.66 points or 0.85% at 60628.79, and the Nifty up 150.40 points or 0.84% at 18086.70. Amid the positivity, here are two blue chip stocks that are recommended by analysts for an upside of up to 20%: Tata Chemicals Limited The shares of Tata Chemicals were [...]
Shares of multiplex chains PVR and INOX Leisure defied the broader market trend and gained in the morning trade on Wednesday. The rise in shares came a day after the Competition Commission of India (CCI) rejected a complaint against the proposed merger of PVR and INOX Leisure, saying apprehension of likelihood of anti-competitive practices by [...]
