State Bank of India (SBI), a prominent public-sector bank in India, plays a pivotal role in the country's financial landscape. As a government-owned institution, SBI offers a wide array of banking and financial services, contributing significantly to India's economic development and financial inclusion. Low debt denotes a financial situation in which a corporation has a [...]
Net Interest Margin is one of the metrics that signifies the profitability, efficiency, and performance of a bank by measuring and comparing the interest income generated from credit products such as loans, and mortgages, and the interest expenses associated with holding deposits and other liabilities. Here are some of the top small finance banks with [...]
Share price of this Pharma stock fell by nearly 3% on NSE to close at Rs. 1,595, compared to its previous closing price of Rs. 1,643.80, after the company’s promoter said that it is exploring selling its controlling stake in the company. With a market capitalisation of Rs. 24,746.64 crores, the shares of J B [...]
RSI stands for Relative Strength Index, used as a technical analysis indicator to assess the strength or weakness of an asset's price movements. The RSI oscillates between 0 and 100; typically, values above 70 are considered to be overbought, and values below 30 are considered to be oversold. “Here are the stocks that are trading [...]
The Indian Benchmark Indices faced bloodshed on Wednesday, February 28th, 2024 with the Sensex falling nearly 790 points and closing at 72,304.88 and the Nifty 50 index dipping 247 points and closing at 21,951.15 Listed below are five stocks that witnessed a dip of more than 5 percent on Wednesday, February 28th, 2024: Godrej Properties [...]
On Wednesday, penny stock hit a 5 percent upper circuit after receiving two orders worth Rs 9.96 crore from Hindustan Petroleum Corporation Ltd. The stock has delivered 63 percent returns in one year. With a market capitalization of Rs 162.51 crore, Rudra Gas Enterprise Ltd. stock began its trading session at a higher note of [...]
The shares of one of the largest private healthcare service provider gained 4.3 percent, reaching a 52-week high price of ₹495.15 per share after the company acquired a 20% stake in Aasraya Healthcare LLP. Aster DM Healthcare Ltd. belongs to the mid-cap category of stock, with a market value of ₹24,426 crores. On Wednesday, its [...]
The railway stocks in India experienced a decline in February 2024. This downward trend can be attributed to various factors such as profit booking after a period of significant gains, market fluctuations, and caution advised by experts due to high valuations. Listed below are such railway stocks that are trading at a discount of up [...]
The shares of the non-banking financial company gained up to 1 percent after a well-known brokerage suggested a 'buy' recommendation. With a market capitalization of Rs 41,391.08 crore, the shares of L&T Finance Holdings Ltd were trading at Rs 166.50 per share, decreasing around 1.69 percent as compared to the previous price. Looking into L&T [...]
Multibagger Small-cap stock engaged in the business of production and distribution of motion pictures and music in focus after its board of directors approved the buyback of equity shares of the company for a consideration not exceeding Rs. 37 Crores. With a market capitalization of Rs. 6,456 Crores, the shares of Tips Industries Limited were [...]
