The sales of a company and the portion of revenue that remains after all the expenses are accounted for, known as the net profit are two of the most important metrics that an investor should look out for while investing in the company. Consistency in net profit implies that the company is growing. Here are [...]
The shares of Ashok Leyland Limited opened at Rs 155 and zoomed by 3.6 per cent to reach its new 52-week high of Rs 161.60 in the early trading hours of Thursday. The stock has added more than 6 per cent in the past five days. So far this year the stock has added more [...]
Benchmark indices Sensex and Nifty took a beating on Thursday and dropped over 1 per cent each, weighed by selling in index major Reliance Industries, IT and banking stocks amid weak global trends. The BSE Sensex fell 770.48 points or 1.29 per cent to settle at 58,766.59. During the day, it tanked 1,014.5 points or [...]
The shares of Aegis Logistics Limited are making new highs and continued to rally by 5 per cent to reach a new 52-week high of Rs 303.55 in the early hours on Thursday. Their all-time high is at ₹ 920 apiece, which they reached on July 30, 2015. The company’s shares are currently trading at [...]
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 5 stocks that not only have consistent dividend history but have also given multibagger returns over the years: Vedanta Limited The [...]
Loss-making state-owned telecom firm MTNL has defaulted on an interest payment of Rs 35.15 crore to Union Bank of India, which was due to be paid in July, the company said in a regulatory filing. The company is reeling under a total debt of Rs 27,330 crore. "MTNL has defaulted in the payment of Interest [...]
The government has hiked the windfall profit tax on the export of diesel to Rs 13.5 per litre and on jet fuel exports to Rs 9 a litre, besides raising the levy on domestically-produced crude oil in line with the hardening of global prices. At the fourth fortnightly review, the government raised the windfall profit [...]
Shares of SpiceJet tumbled nearly 15 per cent in early trade on Thursday after the company reported widening of net loss at Rs 789 crore for June quarter. The company's stock tanked 14.65 per cent to Rs 39.60 on the BSE. Later, it recovered some of the lost ground and was trading at Rs 43.60, [...]
Indices opened with decent gains on Tuesday. However, they are expected to remain under pressure due to persistent rate hike worries among traders. This happened after Fed Chief Jerome Powell indicated on Friday that the Central Bank will raise interest rates in order to curb inflation. The BSE Sensex is quoting at 59537.07 points, as [...]
The shares of Bajaj Finserv gained 5.40% on Tuesday’s intraday trade as it fixed the record date for its stock split and bonus issue, as a double bonanza for investors. Bajaj Finserv in a regulatory filing said that the board has set the date of September 14, 2022, (record date) to decide which shareholders are [...]
