by Trade Brains | Jun 9, 2024 | 2:00 pm | News, Trending News
The defence industry in India is a significant contributor to the nation's economy and stock market. The Indian government has been increasing defence spending, potentially leading to increased demand for defence products and services, benefiting defence companies. Listed below are such defence stocks whose PE is less than the industry: DCX Systems Ltd With a [...]
by Trade Brains | Jun 9, 2024 | 12:00 pm | News, Trending News
The PEG ratio, which stands for Price/Earnings-to-Growth, compares a company's Price-to-Earnings (P/E) ratio to its expected rate of growth. When the PEG ratio is below 1.0, it suggests that investors may be paying less per unit of earnings growth, making the stock potentially undervalued. Penny stocks are quite popular with small investors because of their [...]
by Trade Brains | Jun 8, 2024 | 8:00 pm | News, Trending News
The growing need for industrial explosives in the mining, quarrying, and construction sectors is expected to drive the explosives market in India to significant growth. These high-hazard blasting explosives, which typically include oxidising agents as key components, are crucial for various industrial operations. The Indian explosives market is expected to reach US$10.5 billion by 2026, [...]
by Trade Brains | Jun 8, 2024 | 8:00 pm | News, Trending News
The Sensex and Nifty had their strongest week of 2024, surging over 2 percent on June 7 as government formation drew nearer. The NSE Nifty 50 gained 468.75 points or 2.05 percent to finish the day’s trading at 23,290.15, while the BSE Sensex reached an all-time high at 76,795 in Friday's trading session and closed [...]
by Trade Brains | Jun 8, 2024 | 6:00 pm | News, Trending News
The dividend is the amount of money a company pays to its shareholders as dividends on a per-share basis, whereas, the dividend yield reflects how much a company pays in dividends each year depending on its stock price. Following are seven stocks that will be trading ex-dividend next week. Hindustan Unilever Limited With a dividend [...]
by Trade Brains | Jun 8, 2024 | 4:00 pm | News, Trending News
ICRA Limited is a leading financial/investment institutions, commercial banks and financial services company as an independent and professional investment Information and Credit Rating Agency. ICRA forecasts that by 2030, the Indian electric two-wheeler component market could surpass Rs 1 lakh crore, with the e-passenger vehicle (e-PV) component potentially reaching at least Rs 50,000 crore in [...]
by Trade Brains | Jun 8, 2024 | 2:00 pm | News, Trending News
The Piotroski score is a discrete score that ranges between zero and nine reflecting nine different criteria used to determine a firm's strength. It is used to determine stocks with the best value, with nine being the best and zero being the worst. Ace investors are renowned individuals who have achieved significant success in the [...]
by Trade Brains | Jun 8, 2024 | 12:00 pm | Editor's Pick, News
The Sensex and Nifty had their strongest week of 2024, surging over 2 percent on June 7 as government formation drew nearer. The NSE Nifty 50 gained 468.75 points or 2.05 percent to finish the day’s trading at 23,290.15, while the BSE Sensex reached an all-time high at 76,795 in Friday's trading session and closed [...]
by Trade Brains | Jun 7, 2024 | 5:32 pm | News, Trending News
The share price of this penny stock that is engaged in Consumer Electronic & Electrical Goods and IT hardware services jumped 6 percent after receiving an order from Tata Memorial Centre. With a market capitalization of Rs 11.21 crores, the shares of Panabyte Technologies Ltd moved up by 4.1 percent and closed at Rs 25.54 per [...]
by Trade Brains | Jun 7, 2024 | 3:59 pm | News, Trending News
A market leader is a company that has the largest market share in a specific industry. A market leader is a product, brand, company, organization, or group name that has the highest percentage of total sales revenue in a certain market. Market leaders exert market dominance by influencing customer loyalty, distribution, and pricing, among other [...]