Financially Strong Stocks are those with good financial basics, even though their stock prices are low. These stocks are characterized by solid earnings growth potential, positive cash flows, manageable debt levels, and strong management teams. Here are some financially strong defence stocks trading at a discount of up to 33 percent Mishra Dhatu Nigam Limited [...]
The shares of this Housing Finance Company gained up to 4 percent after the company received approval and a grant for the Corporate Agent (Composite) license. With a market capitalization of Rs 8,282.20 crore, the shares of Home First Finance Company India Ltd were trading at Rs 935.90 per share, increasing around 2.81 percent as [...]
Sugar stocks turned red on February 22nd, 2024, after the Government announced a hike of nearly 8 percent in the Fair and Remunerative Price (FRP) of sugarcane from Rs 315 per quintal to Rs 340 per quintal for the 2024-25 season. The revised FRP will be applicable from October 1st, 2024. The overall sugar production [...]
Leading Multinational Conglomerate which is one of the leading players in domestic and overseas Markets, for providing EPC Solutions jumped 2 percent from the day’s low upon receiving a work order worth Rs. 1,000-2,500 Crores. With a market capitalization of Rs. 4,55,408 Crores, the shares of Larsen & Toubro Limited were trading at Rs. 3,313 [...]
On February 21st, 2024, the Union Cabinet approved Foreign Direct Investment (FDI) to invest 100% in the Indian space sector, under the automatic route for manufacturing components, systems, and sub-systems for satellites. The proposed reforms aim for FDIs to invest in Indian space sector programs by creating a more open way for them to enter [...]
Share price of one of the largest sports and athleisure footwear brands in terms of value and volume moved up by 5.5 percent to Rs. 265.85 in the morning session of Thursday, compared to its previous closing price of Rs. 252.0, following a block deal. With a market cap of Rs. 7,788 crore, the shares [...]
Shares of this microcap company clocked 20 percent in Thursday’s trading session after receiving a certificate for the Pipes division. In one year, the shares have delivered more than 70 percent returns to its shareholders. With a market capitalization of Rs. 705 crores, the shares of Chemfab Alkalis Ltd started Thursday’s trading session positively at [...]
Share price of this Auto Ancillary stock jumped by nearly 8 percent to Rs. 460.0 on Thursday, compared to its previous closing price of Rs. 565.45, after the company received an order. With a market cap of Rs. 166.7 crore, the shares of Duncan Engineering Ltd. opened at Rs. 439.95 on February 22nd. At 01:32 [...]
On Thursday, a multibagger EV stock jumped 7 percent after bagging an order for the supply of 2400 electric buses. The company has delivered a multibagger return of 465 percent in one year. With a market capitalization of Rs 18,172.26 crore, the Olectra Greentech Ltd. stock price rose by 7 percent from its previous close [...]
The shares of the multinational home appliances provider fell up to 4 percent after the promoter of the company sold 1.79 crore equity shares in a block deal. With a market capitalization of Rs 9,472.30 crore, the shares of Eureka Forbes Ltd were trading at Rs 489.80 per share, decreasing around 3.97 percent as compared [...]
