The Indian government has prioritized the defence sector as part of its 'Aatmanirbhar Bharat' or Self-Reliant India initiative, focusing on indigenous manufacturing infrastructure and research and development. The Indian government Targets to export over ₹50,000 crore worth of defence equipment by 2028-2029 and achieve self reliance. So Investing in the defence shares offers financial growth [...]
The Piotroski score, which ranges from zero to nine, represents nine parameters used to analyse the strength and financial position of a company. It is used to rank the best-value stocks, with nine being the best and zero indicating the worst. Here are three drone stocks with high Piotroski scores of up to 7. Rattanindia [...]
The equity benchmark indices BSE Sensex and NSE Nifty failed to sustain their opening gains and ended Friday’s trading session on a lower note, mirroring weak global sentiment after the US dollar hit a multi-week high level. The NSE Nifty 50 closed 65.90 points or 0.28 percent lower to finish the day’s trading at 23,501.10 [...]
Vadhavan Port, located in Maharashtra, India, is a large planned deep-sea port with an estimated annual capacity of 254 million tons. The port, which is predicted to cost $10 billion, intends to improve India's marine infrastructure and manage large cargo volumes, improving the country's commerce and logistics sectors. Ministry of Ports, Shipping and Waterways has [...]
Research firm Trade Brains analyst gave a buy call with a potential upside of 47% on one of India's leading full-service retail broking firms. On Friday, Angel One Ltd shares closed at ₹2,621.20, up 1.52 percent from the previous close on the National Stock Exchange. The company currently holds a market capitalization of ₹23,288 crore. [...]
The shares of this small-cap stock jumped up to 19 percent from intraday high after Quant Mutual Fund, a domestic institutional investor, bought 1.20 lakh equity shares of the company. The shares of Heubach Colorants India Ltd were trading at Rs 518.95 per share, increasing drastically by 12 percent as compared to the previous closing [...]
Pharma Stock engaged in the business of manufacturing, developing, and marketing a wide range of branded and generic formulations and Active Pharma Ingredients in focus upon signing pact with Takeda Pharmaceutical Company Limited. With a market capitalization of Rs. 3,54,085 Crores, the shares of Sun Pharmaceuticals Industries Limited were trading at Rs. 1,475.80 per equity [...]
India’s largest private port operator saw a significant increase in its share price this week, rising by 6%, following its inclusion in the S&P BSE Sensex index starting June 24. This move is expected to bring in an estimated $259 million in investments into the stock. Adani Ports & Special Economic Zone is in the [...]
In Friday’s trading session, the share price of a leading conglomerate with business interests in Real Estate surged 11 percent on BSE to hit an intraday high at Rs. 33.54, after the company announced its plans to venture into the hospitality business. At 10:26 a.m., the shares of Hampton Sky Realty Limited were trading in [...]
Share price of the stock hit a 2% lower circuit on BSE at Rs. 226.05 in the morning trading session of Friday, as against its previous closing price of Rs. 230.65, after the Board of the company declared a bonus issue and stock split in a 1:2 ratio. With a market capitalisation of Rs. 239.4 [...]
