Penny stock engaged in the business of manufacturing and selling wires, cable wires, conductors and many more jumped 4 percent in the day’s trade upon posting its Q4FY24 results with a 125 percent jump in Net Profits. With a market capitalization of Rs.92 Crores, the shares of Marco Cables & Conductors Limited were trading at [...]
Share price of a premier Warship building Company in India hit a new 52-week high at Rs. 1,424.8 in the morning trading session of Thursday, after reporting a rise in net profit of 26.5 percent QoQ and 102.5 percent YoY. With a market capitalisation of Rs. 15,693.62 crore, at 10:35 a.m., the shares of Garden [...]
The share of the leading generic injectable manufacturer gained up to 11 percent after the company’s net profit and revenue jumped by 143 percent and 96 percent respectively in the fourth quarter. With a market capitalization of Rs 31,039.70 crore, the shares of Gland Pharma Ltd were trading at Rs 1,884.50 per share, increasing around [...]
Monopolies are firms that dominate the market. monopoly companies are those which have no or less market competition due to a single-player presence. Monopoly companies benefit from economies of scale leading to lower average costs. These companies usually control the market and are solo or large players in the market. Here are three monopoly stocks [...]
The chemical industry, a $4 trillion global market, drives innovation and economic growth, producing over 70,000 diverse products. Employing millions worldwide, it underpins sectors like agriculture, pharmaceuticals, and manufacturing, with annual growth rates exceeding 3%. This dynamic industry transforms raw materials into essential everyday products. With a market capitalization of Rs 7,612.98 crore, the shares [...]
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. So Investing in the defence shares offers financial growth due to its steady demand, government backing, and long-term contractual commitments Listed below are stocks associated with the Defence [...]
Banks with lower NPA percentages are perceived as more stable and credible. They have a more robust loan portfolio and a reduced risk of default, both of which are crucial for financial stability. A lower NPA ratio, on the other hand, does not always mean that a bank is fully risk-free. Market circumstances, economic slowdowns, [...]
Shares of a leading lubricant company jumped by 12 percent in Wednesday’s trading session after reporting an increase in its net profit by 19 percent YoY, during Q4FY24. With a market capitalization of Rs 4,612.98 crores the shares of this prominent Indian lubricant company Gulf Oil Lubricants India Ltd were trading at Rs 1,066.05, up [...]
The infrastructure sector in India is an important driver of the country's economic growth. Infrastructure stocks in India refer to companies involved in developing and operating infrastructure projects such as roads, bridges, airports, and power plants. The infrastructure stocks in India offer promising investment opportunities. Listed below are three stocks that received orders from Maharashtra [...]
Following are the two companies—one in the healthcare industry and the other in the tyre and rubber industry—that witnessed fluctuations in the share prices following the release of their Q4 FY23-24 and FY24 financial results, through the recent filings with the stock exchanges on Tuesday post-market hours. Metropolis Healthcare Limited Share price of a leading [...]
