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Auto ancillary stock hit 5% upper circuit after Abakkus Fund bought 30 lakh shares via Bulk Deal 

Auto ancillary stock hit 5% upper circuit after Abakkus Fund bought 30 lakh shares via Bulk Deal 

Shares of this auto ancillary stock under the ‘small-cap’ category hit the 5 percent upper circuit in Thursday’s trading session after well-known ace investor Mr. Sunil Singhania bought a stake in the company via Bulk Deal.  With a market capitalization of Rs 5,359.32 crores, the stocks of Shriram Pistons & Rings Limited started their trading [...]
Defence stock jumps up to 5% after receiving an order worth ₹ 1,600 Cr from Ministry of Defence

Defence stock jumps up to 5% after receiving an order worth ₹ 1,600 Cr from Ministry of Defence

The share price of one of India’s leading warship builders gained around 5 percent to an intraday high of Rs 2,144.90 per share after the company received an order worth Rs 1,600 crore to build next-generation offshore patrol vessels.  At 11:01 a.m., Mazagon Dock Shipbuilders Ltd(MDSL) shares were trading at Rs 2,112.20 per share, up [...]
Cable stocks that have announced CAPEX of up to ₹ 600 crore for FY24; Do you hold any?

Cable stocks that have announced CAPEX of up to ₹ 600 crore for FY24; Do you hold any?

As the Indian government continues to invest extensively in infrastructure projects through initiatives such as the 'Smart Cities Mission' and 'Bharatmala,' the demand for high-quality electrical cables and wires has risen over the past years.  The Indian wire and cable industry, which was worth $680-730 billion in FY23, is predicted to grow by more than [...]
Stocks that make your home luxurious; Are you holding any?

Stocks that make your home luxurious; Are you holding any?

The realty sector in India is majorly driven by the increasing demand for residential buildings. In line with rapid urbanization and the inflating per capita income of individuals.  Furthermore, the sector is being boosted by increased demand for houses in metropolitan cities and a new lodging trend in urban and semi-urban regions.  Additionally, the Indian [...]
Fundamentally strong stock to buy now for an upside of more than 25%; Check the details

Fundamentally strong stock to buy now for an upside of more than 25%; Check the details

A company is said to be ‘fundamentally strong’ if it portrays a specific set of characteristics such as strong and consistent financials, lower leverage ratios, and many more.  Listed below is one such fundamentally strong stock associated with the business of providing IT-enabled Services that one should buy now for a potential upside of more [...]
Fundamentally strong stocks that corrected up to 8% due to bloodshed in the markets today

Fundamentally strong stocks that corrected up to 8% due to bloodshed in the markets today

The Indian benchmark indices slipped sharply after scaling their lifetime peaks in Wednesday's trading session. The Sensex slumped approximately 930 points and closed at 70,506.31 while the broader Nifty index fell around 300 points closing at 21,150.15.  Here are some of the probable reasons for the stock markets to fall today: FII-DII data  Foreign Institutional [...]
Logistics stock in green after launch of India’s largest logistics facilities; Check the details 

Logistics stock in green after launch of India’s largest logistics facilities; Check the details 

The shares of one of the leading and largest integrated logistics services providers in India, in green after successfully launching the Bhiwandi Mega Gateway, thereby expanding its presence and operations.  In the day’s trade, the shares of Delhivery Limited closed at Rs. 365, up 0.29 percent from its previous day’s close price of Rs. 363.95, [...]