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EV stocks with high ROE and RoCE of more than 20% to keep on your radar

EV stocks with high ROE and RoCE of more than 20% to keep on your radar

The electric vehicle (EV) sector in India is rapidly evolving, driven by government incentives, environmental concerns, and technological advancements. With the increasing adoption of EVs, the industry is poised for significant growth, offering opportunities for sustainable transportation and economic development.  Here are three EV stocks with ROCE/ROE of up to 36.97%.  Tata Motors Ltd  Tata [...]
Pharma stock jumps 3.5% after company receives approval from the USFDA for diabetes mellitus tablets

Pharma stock jumps 3.5% after company receives approval from the USFDA for diabetes mellitus tablets

The share price of this leading Pharma company increased by 3.5 percent after the firm received approval from The United States Food and Drug Administration ( USFDA) to produce new medicines. With a market capitalization of Rs 2,850.73 crores, the shares of Indoco Remedies Ltd closed at Rs 316.85 a piece on Wednesday’s trading session [...]
FIIs buy ₹ 9,371 Cr in May despite ₹ 25,500 Cr sell-off; Here are top sectors that saw huge inflow

FIIs buy ₹ 9,371 Cr in May despite ₹ 25,500 Cr sell-off; Here are top sectors that saw huge inflow

In May 2024, Indian equities witnessed a Foreign Portfolio Investment (FPI) outflow totaling ₹25,586 crore ($3,063 million or $3.06 Billion), as reported by the National Securities Depository Ltd. (NSDL). This marked a significant decline in 2024.  Overall, FPI outflows for the month totaled ₹12,911 crores ($1,541 million or $1.5 billion), which included debt, hybrid, debt-VR, [...]
Green energy stock jumps 6% after company announces 640% YoY increase in REC trades

Green energy stock jumps 6% after company announces 640% YoY increase in REC trades

Exchange stock engaged in providing an automated platform and infrastructure for carrying out trading for the physical delivery of electricity, renewables, and certificates jumped 6 percent in the day’s trade following the release of its monthly business updates.  With a market capitalization of Rs. 14,585 Crores, the shares of Indian Energy Exchange Limited were trading [...]
Small cap stock jumps 3% after company’s promoter bought additional stake in the company 

Small cap stock jumps 3% after company’s promoter bought additional stake in the company 

Small Cap stock engaged in offering engineering, procurement, and construction (EPC) services for the development of solar power plants jumped 3 percent in the day’s trade, after company’s promoter bought additional stake from the open market.  With a market capitalization of Rs. 3,545 Crores, the shares of Gensol Engineering Limited were trading at Rs. 936.85 [...]
Microcap stock jumps 3% after company received an order worth ₹ 72 Cr from multiple clients 

Microcap stock jumps 3% after company received an order worth ₹ 72 Cr from multiple clients 

Shares of this microcap company jumped 3 percent in Thursday’s trading session after receiving an order worth Rs. 72 crores from multiple clients.  With a market capitalization of Rs. 271 crores, the shares of Markolines Pavement Technologies Ltd started Thursday’s trading session on a higher note at Rs. 143 compared to its previous close of [...]
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