The shares of engineering, procurement, and construction (EPC) services providers hit 5 percent lower circuit despite the company received a work order to supply the equipment for a solar power plant worth Rs 4.93 crore. With a market capitalization of Rs 1,888.02 crore, the shares of Bondada Engineering Ltd were trading at Rs 874.00 per [...]
Tata Group Stock primarily involved in the business of generation, transmission, and distribution of electricity and many more in focus after signing a multi-year power purchasing agreement with BluSmart. With a market capitalization of Rs. 1,21,822 Crores, the shares of Tata Power Limited were trading at Rs. 381.10, up 0.60 percent from its previous day’s [...]
Shares of this small-cap defence stock jumped approximately 14 percent in Wednesday’s trading session after the company’s Promoter Group Entity is likely to sell a stake in the company. In the past six months, the company’s stock gained nearly 20 percent for its stakeholders. With a market capitalization of Rs 2,520.28 crores, the stocks of [...]
On Wednesday, the shares of this leading Oil & Gas company soared 2% to ₹763.30 per share a day after the company floated a ₹4,000-crore qualified institutional placement (QIP) to raise funds. At 11:30 a.m., Swan Energy Ltd shares were trading at ₹734.90 per share, down 2.01% on the National Stock Exchange from the previous [...]
Shares of this microcap company clocked 5 percent upper circuit in Wednesday’s trading session after signing an MoU with CXR Anderson Jacobson SAS. The shares have delivered a multibagger return of 195 percent to its shareholders in one year. With a market capitalization of Rs. 308 crores, the shares of Valiant Communications Ltd started Wednesday's [...]
The shares of one of the largest government-owned banks gained up to 7 percent after the company’s board approved fundraising worth Rs 3,000 crore through Qualified Institutions Placement (QIP). With a market capitalization of Rs 1.09 lakh crore, the shares of Union Bank of India were trading at Rs 148.15 per share, increasing around 5 [...]
On Wednesday, a multibagger microcap stock gained 3 percent after bagging an order worth ₹8.80 crore from the Ministry of Defense. The stock has delivered 153.59 percent returns in one year. With a market capitalization of ₹506 crore, Krishna Defence and Allied Industries Ltd. (KDAIL) rose by 3 percent from its previous close of ₹362.45 [...]
Multinational companies (MNCs) sell stakes in their Indian entities for reasons like debt reduction or capital raising, driven by factors such as intense industry competition. This move also enables MNCs to optimize their capital structure, gain more control over the Indian unit by delisting from the stock exchange, and attract new investors or partners for [...]
A company is said to be ‘fundamentally strong’ when it portrays certain characteristics such as strong and consistent financials, low leverage ratios, and many more. Listed below are four such fundamentally strong stocks under Rs 100 with net profit margin (NPM) of up to 70 percent that one should add to their watchlist: DRC Systems [...]
Revenue, often regarded as the lifeblood of a business, is the total income generated by a company through its primary operations, services, or products within a specific period. It encompasses various streams, including sales, services, licensing, and other business activities. Understanding and optimizing revenue is crucial for a company's financial health, growth, and sustainability, making [...]
