Share price of a company engaged in the business of manufacturing Ferro Alloy metals hit a new all-time high at Rs. 173.0 on Wednesday after the company board approved to install 4.5 MWP solar power plant. With a market cap of Rs. 159 crore, shares of Jainam Ferro Alloys (I) Ltd. opened at Rs. 144.50 [...]
Shares of this multibagger oil stock under the ‘small-cap’ category hit the 5 percent upper circuit after the company bagged an order worth Rs 250 crores from a subsidiary company of Cola India Limited. With a market capitalization of Rs 1,228.89 crores, the stocks of Asian Energy Services Limited started their trading session on Wednesday [...]
Shares of the microcap company clocked 20 percent upper circuit in Wednesday’s trading session after reporting an increase in net profits by 1062 percent. In one year, the shares have delivered a multibagger return of 689 percent to its shareholders. With a market capitalisation of Rs. 264 crores, the shares of Sprayking Ltd started Wednesday's [...]
The shares of one of the largest producers of high-end specialty chemicals hit 9% upper circuit to ₹4.85 per share after the company paid off an additional loan of ₹ 7.5 crore, decreasing the initial bank debt by 78 percent. On Wednesday,.Vikas Ecotech Ltd shares hit a 9% upper circuit from the previous close price [...]
SEBI's minimum public shareholding (MPS) guidelines specify the minimum float that listed businesses must maintain. Presently, the rules suggest that promoters should own no more than 75 percent of a listed company's stock, with the rest available to the public. SEBI introduced the Offer for Sale (OFS) on February 1, 2012, to allow promoters in [...]
Small-cap stock engaged in the business of offering EPC services for solar power plants jumps 8 percent in the day’s trade following approval to raise funds of up to Rs. 900 Crores. With a market capitalization of Rs. 4,259 Crores, the shares of Gensol Engineering Limited were trading at Rs. 1,125.55, up 7.75 percent from [...]
Shares of engineering and infrastructure company clocked 20 percent upper circuit in Wednesday’s trading session after Tata Group decided to cancel the merger with Tata Steel. In one year, the shares have delivered 97 percent returns to its shareholders. With a market capitalisation of Rs. 361 crores, the shares of TRF Ltd started Wednesday’s trading [...]
On Wednesday, the company's share price rose by 6.2% to its intraday high of Rs 968.4 per share from its previous close of Rs 911.65 after the company’s result for the December month and its investor presentation. According to the exchange filing, Max Financial Service Ltd has announced its quarterly result for December and its [...]
Post-result announcements from the majority of the companies listed on the indices, various Brokerages came up with target prices discounting a lot of fundamental and other important factors. Listed below is one stock associated with the ‘Ethanol’ industry that one should add to their watchlist for a potential upside of more than 20 percent: Praj [...]
Multibagger stock engaged in the business of manufacturing and supplying steel and plastic products in green following the release of its Q3FY24 results with a 1,164 percent jump in net profit. With a market capitalization of Rs. 15,526 Crores, the shares of Welspun Corporation Limited were trading at Rs. 597, up 0.22 percent from its [...]
