This micro-cap textile stock jumped up to 15% to reach its new 52-week high after the company transitioned from a loss to a profit in Q3FY24. Sky Industries Limited's shares, which have a market capitalization of Rs. 78 crore, were trading at Rs. 99, up 14.49 percent from the previous day's close of Rs. 86.47. [...]
Promoter holding is the percentage of a company's shares owned by its founders, major stakeholders, or individuals who played a role in its formation. Higher promoter holding reflects greater confidence and commitment from those who have had a significant impact on the company's trajectory, and vice versa. Promoters who increase their stake in a company [...]
Here are some of the pharmaceutical companies in which the Foreign Institutional Investors (FII) / Foreign Portfolio Investors (FPI) have increased their holding stake in the company which indicates that they are positive and confident about the company’s performance and future outlook, thereby facilitating financial innovation and growth in capital markets. Alkem Laboratories Alkem Laboratories [...]
The leading infra-construction company shares price fell up to 2 percent to its intraday low of Rs 920.05 per share from its previous close of Rs 928.60 apiece on Wednesday, despite the company receiving a “Buy ” recommendation from HDFC Securities. With a market capitalization of Rs 6,031.91 crore, the shares of H.G. Infra Engineering [...]
Shares of this small-cap IT stock jumped around 7 percent in Thursday’s trading session after the company reported financial results for Q3FY23-24, i.e., for the quarter ended December 2023. With a market capitalization of Rs 2,296.61 crores, the stocks of Expleo Solutions Limited started their trading session on Thursday at Rs 1,413.15 and closed the [...]
Shares of this auto ancillary stock under the ‘large-cap’ category jumped around 8 percent in Thursday’s trading session after the company reported financial results for the quarter ended December 2023. In the past month, the company’s stock has gained nearly 30 percent for its shareholders. With a market capitalization of Rs 71,933.40 crores, the stocks [...]
The shares of the hydroelectric power generation and transmission company gained up to 9 percent after the company received the letter of intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW Solar Power Project. With a market capitalization of Rs 58,789.74 crore, the shares of SJVN Ltd were trading at Rs [...]
New-firm that has multiple businesses including manufacturing electric vehicles and Drones jumped 6 percent in the day’s trade following the release of its Q3FY24 results, with a 154 percent jump in net profit. With a market capitalization of Rs. 12,596 Crores, the shares of Rattanindia Enterprises Limited were trading at Rs. 91.13, up 2.37 percent [...]
Shares of this microcap company clocked 5 percent upper circuit in Thursday’s trading session after receiving an order worth Rs. 1.32 crores. The shares have delivered a multibagger return of 177 percent in six months to its shareholders. With a market capitalization of Rs. 84.5 crores, the shares of Atishay Ltd started Thursday’s trading session [...]
Despite a net profit growth of 5571.43 percent, the share prices of a company engaged in the manufacturing of cement and solar power generation and distribution in Karnataka, dropped by 4.8 percent on Thursday to Rs. 247.0, after the company announced its financial results for the December 2023 quarter. With a market cap of Rs. [...]
