IT Stock which is a leading provider of a unified digital transformation platform announced a bonus issue in the ratio of 1:1 and it has fixed January 12,2024, as the record date to be eligible for receiving the bonus shares. In the day’s trade on November 24, 2023, the shares of Newgen Software Technologies Limited [...]
One of the Leading Indian drone manufacturing and solutions providers whose half-yearly revenue grew 998 percent has released their expected future growth of, 50-70 percent CAGR and 20-25 percent growth in PAT in the next 3 years. In the day’s trade, On November 24, 2023, the shares of Droneacharya Aerial Innovations Limited closed at Rs. [...]
Shares of this micro-cap stock held by Ms. Dolly Khanna traded flat after the company secured a patent for an Automatic Source Changeover for a period of 20 years. Year-to-date, the company’s stock has gained more than 40 percent. With a market capitalization of Rs 608.34 crores, the stocks of Salzer Electronics Limited closed at [...]
One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts. With a market capitalization of Rs 3,117.54 Crores. Shivalik Bimetal Controls Ltd, On Friday, The shares closed at Rs 541.20 a share, an increase of 0.20 percent from the [...]
One of the leading players in the renewable energy sector received a 4.66 MW order to execute a solar power project from its subsidiary on Friday. On Friday, KPI Green Energy Ltd shares closed at Rs 1,214.90 per share, up 1.5 percent from the previous close price. The company has a market capitalization of Rs [...]
On Friday the share price of NBFC small cap closed 1.7 percent up Rs 243.70 from its previous close of Rs 239.55. The post-market company has announced its allotment of Non-convertible debenture (NCD) worth Rs 35 crores. Satin Creditcare Network Limited's, Working Committee has allotted 3,500 (Non-convertible debentures) NCDs with a face value of INR [...]
The rate of return (RoR) that would be needed for an investment to increase from its starting balance to its finishing balance, assuming the profits were reinvested at the conclusion of each period of the investment's life span, is known as the compound annual growth rate, or CAGR. Here are three IT stocks with net [...]
A company with a ‘fundamentally strong’ nature portrays certain specific characteristics such as strong and consistent financials, lower leverage ratios, and many more. Listed below is one such fundamentally strong NBFC stock wherein Foreign Institutional Investors (FIIs) increased their stake by more than 40 percent: Five-Star Business Finance Limited With a market capitalization of Rs [...]
A valuation metric called the "PEG ratio" is used to assess how much a company's projected growth, earnings generated per share (EPS), and stock price are traded off. The annual growth rate can be the predicted growth rate for the upcoming year or the next five years, and the P/E ratio used in the calculation [...]
Fundamentals refers to the financial strength and performance of a company or asset. They provide insights into a company's ability to generate profits and manage its debt. Key fundamental factors include earnings, revenue, debt-to-equity ratio, net profit margin, ROE, and ROCE. The Indian Railways' capital expenditure in the Railway Budget 2023-2024 is Rs. 2.40 lakh [...]
