Multibagger stock which is a pioneering cables & wires company, specializing in low-voltage cables hits a 2 percent upper circuit in the day’s trade upon posting its Q4FY24 results with a 2,438 percent YoY jump in Net Profits. With a market capitalization of Rs. 340 Crores, the shares of Delton Cables Limited hit a 2 [...]
After reporting a decline in net profit by 80.3 percent QoQ, the share price of this small-cap PSU stock and one of India's leading private sector players in phosphatic fertilisers moved down by 3.8 percent on BSE to hit an intraday low at Rs. 69 in the trading session of Thursday. With a market capitalisation [...]
In Thursday's early trade, the shares of a prominent integrated automation and software solution provider surged by 7.7%, hitting a 52-week high of ₹53,000 per share. This increase followed the company's announcement of a remarkable 32% year-on-year growth in net profit and a dividend payout of ₹100 per share. At 12:05 a.m., Honeywell Automation India [...]
Shares of this automotive components manufacturing company jumped around 3 percent in Thursday’s trading session after reporting an increase in net profits by 39 percent YoY. The shares have delivered more than 80 percent returns to its shareholders in one year. With a market capitalization of Rs. 5,444 crores, the shares of Pricol Ltd started [...]
Penny stock engaged in trading, manufacturing, and marketing research-based ayurvedic medicines, oral care & personal care products jumped upto 4 percent in the day’s trade upon receiving a work order worth Rs. 1.65 Crores. With a market capitalization of Rs. 42 Crores, the shares of Veerhealth Care Limited were trading at Rs. 20.60, up 0.49 [...]
The shares of this ceramic tile manufacturer surged by 17% following the strong growth in net profit of 39% year-on-year. At 11:30 a.m., Somany Ceramics shares were trading at ₹720 per share, up 15.87% on the National Stock Exchange from the previous close price. The company has a market capitalization of ₹2,964 crore. Somany Ceramics [...]
Shares of the leading company in specialty films for flexible packaging, laminating, labeling, and industrial sectors surged by 4.6% to ₹608.50 per share on Thursday, following a robust 36% increase in net profit quarter on quarter. At 10:55 a.m., Cosmo First Ltd shares were trading at ₹603.60 per share, up 3.80% on the Bombay Stock [...]
Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicate a positive outlook on the company's performance, management, and prospects, thereby leading to speculation of expected future growth and upcoming changes in the company. People choose penny stocks because of the allure of potentially high returns, the ability to buy a large number [...]
Shares of this freight wagons manufacturing company surged upto 7 percent in Thursday’s trading session after reporting an increase in net profits by 64 percent YoY. The shares have delivered a multibagger return of 150 percent to its shareholders in one year. With a market capitalization of Rs. 15,877 crores, the shares of Titagarh Rail [...]
March’24 results are on a roll and top Brokerage houses have initiated coverages on a lot of companies based on their past performance trajectory, future outlook, capex plans, revenue mix, and many other essential factors. UBS, a multinational diversified financial services company, has recently initiated coverage on two of the chemical sector stocks, including ‘Navin [...]