Share price of a leading player in the drone business moved up by 2.43 percent on Thursday to Rs. 189.60, compared to its previous closing price of Rs. 185.10, after the company received its inaugural order for the supply of Agricultural Spraying Drones from Vimaan Aerospace. With a market cap of Rs. 450 crore, shares [...]
Defence stock engaged in the business of design, development, manufacturing, and servicing different types of batteries, e-mobility, and other products jumped 11 percent in the day’s trade, following the release of its Q3FY24 results with a 232 percent jump in Net Profits. With a market capitalization of Rs. 16,228 Crores, the shares of HBL Power [...]
The shares of the multidisciplinary construction company gained up to 4 percent after the company received new work orders worth Rs 935.41 crores from three domestic entities in Gujarat. With a market capitalization of Rs 2,876.40 crore, the shares of PSP Projects Ltd were trading at Rs 799.00 per share, increasing around 2.75 percent as [...]
A company is said to be ‘fundamentally strong’ after it portrays a specific set of characteristics, viz, strong and consistent financials, lower leverage ratios, and many more. Listed below are three such fundamentally strong stocks in which the company’s Promoters increased their stake in the quarter ended December 2023: Anupam Rasayan India Limited With a [...]
Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. Here are some of the stocks in which the Mutual Fund Company’s have increased their holding stake in Q3FY24 which indicates that they are positive and confident about the company’s performance and future [...]
A foreign institutional investor (FII) is a registered investor who makes investments in a different country. In India, the term "foreign institutional investor" commonly refers to foreign corporations investing in the country's financial markets. Here are Four Stocks in which FIIs decreased their stake up to 1.88 % in Q3FY24 from Q2FY24: Container Corporation Of [...]
Small-cap stocks are those with a market capitalization below ₹16,800 crore. These companies may be less well-known than large-cap companies, but they offer investors the opportunity to earn higher returns. Here are three small-cap stocks with multi-bagger returns in the last month. Salasar Techno Engineering Ltd Salasar Engineering Limited, founded in 2006 as a tower [...]
In January 2024, Indian equity markets experienced significant outflows, as foreign institutional investors (FIIs) withdrew $2.62 billion from the market. This marked the highest monthly outflow since January 2023. During the initial half of January 2024, FPIs displayed a buying trend, amounting to $417 million. However, the latter half of the month saw a reversal, [...]
The shares of the India-based retail store chain gained up to 15 percent after the company’s net profit and revenue increased by 143 percent and 61 percent QoQ, respectively in the third quarter. With a market capitalization of Rs 4,182.16 crore, the shares of V-Mart Retail Ltd closed at Rs 2,114.70 per share, increased around [...]
Shares of this cement stock under the ‘small-cap’ category jumped up to 4 percent in Wednesday’s trading session after the company reported financial results for the quarter ended December 2023. In the past six months, the company’s stock has gained nearly 25 percent for its shareholders. With a market capitalization of Rs 11,731.38 crores, the [...]
