The shares of India's largest integrated third-party logistics service provider gained traction this week after Macquarie gave an outperform call on the company with a 34 percent upside. On Friday, Delhivery Ltd shares gained an intraday high of 2.2 percent to Rs 396.05 on the National Stock Exchange. The company has a market capitalization of [...]
Penny stocks are the shares of the companies that are available under Rs. 75, with a market capitalization of under Rs. 500 Crores. They are very illiquid and can hit their assigned circuit levels with just a minor increase in the volume of trades. So be aware and don't become greedy by looking at their [...]
The Indian government is on the verge of blending 20% ethanol into automotive gasoline to minimize reliance on foreign exchange. As a result, the Indian ethanol sector has had strong growth in recent months, attaining a 10% ethanol blending rate five months ahead of schedule. However, to meet the government's blending target, greater ethanol production [...]
Share of small-cap stock has proven to deliver multi-bagger returns of over 17,500 percent returns during a long-term period of three years. On Friday’s session, the small-cap stock rose 2 percent and hit its 52-week high of Rs 494.9 per share from the previous close of Rs 485.65 with a market capitalization of Rs 2,660 [...]
Keeping the recent corrections in the Indian Benchmark Indices aside, the longer timeframe represents an exhaustive list of stocks that have delivered multibagger returns for its stakeholders. Listed below are four multibagger stocks under ₹300 that portray a Price-to-earnings (P/E) ratio lesser than the industry average: Man Industries (India) Limited With a market capitalization of [...]
The shares of one of India’s leading non-banking financial companies (NBFC) received a 37 percent upside from Morgan stanley. On Friday, Bajaj Finance shares were trading at Rs 7,300, down 0.91 percent from the previous close on the National Stock Exchange. The company has a market capitalization of Rs 4,51,339 crore. Bajaj Finance revenues increased [...]
Shares of this Miniratna Central Public Sector Entity (CPSE) gained around 2 percent in Friday’s trading session after the company provided key business updates on the production during 2023. In the past six months, the company’s shares gained nearly 90 percent. With a market capitalization of Rs 6,223.60 crores, the stocks of MOIL Limited opened [...]
The shares of one of the largest neutral telecom infrastructure providers gained up to 4.3 percent after the company received an order worth Rs 68.83 crore from N F Railway Construction. With a market capitalization of Rs 9,482.13 crores, the shares of Railtel Corporation of India Ltd were trading at Rs 295.45 per share, increasing [...]
Shares of this defence stock jumped up to 2 percent in Friday’s trading session after bagging an order worth Rs 2,673 crores for the supply of sensors. Year-to-date, the company’s stock has gained more than 70 percent for its stakeholders. The shares of Bharat Electronics Limited (BEL) started their trading session on Friday at Rs [...]
The shares of one of the leading multinational apparel manufacturers hit a 5 percent upper circuit after the company board fixed the record date for a stock split. On Friday’s trade, Pearl Global Industries Ltd shares hit a 5 percent upper circuit to Rs 1,323.95 per share. The company has a market capitalization of Rs [...]
