The shares of the Leading Indian-Made Foreign Liquor (IMFL) manufacturer rose up to 2 percent of Rs 268 per share a day after the company promoter sold a stake of 1.56 percent in the company. At 10:48 a.m., Tilaknagar Industries Ltd shares were trading at a price of Rs 265.60 a share, up 1.32 percent [...]
The global market size for semiconductors in 2021 was USD 527.88 billion and is projected to grow from USD 573.44 billion in 2022 to USD 1,380.79 billion in 2029, exhibiting a CAGR of 12.2 percent during the forecast period. The semiconductor industry is often described as the “brain” of modern-day technology. It is the unseen [...]
The shares of India's leading power trading platform provider gained traction this week after UBS brokerage gave an upside of 41 percent on the company shares. On Friday, Indian Energy Exchange Ltd shares were trading at Rs 142.65, down 1.65 percent from the previous close on the National Stock Exchange. The company has a market [...]
A company is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics, viz, strong and consistent financials, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock in which HDFC Securities see a potential upside of 25 percent: Stylam Industries Limited With a market capitalization of Rs [...]
Multibagger stocks are very appealing to investors because they have the potential to multiply your initial investment several times. When identifying possible multi-bagger stocks, factors such as industry strength, debt levels, revenue multiples, PE ratios, and management quality are important considerations. Here are the three Ashish Kacholia stocks that gave multi-bagger returns in a year. [...]
Micro-cap stock is India’s second-largest processor and exporter of processed fruit and vegetable products, jumped marginally in the day’s trade after the launch of its new joint venture, which is going to manufacture a product, that is mostly(95%) imported in India. At 3:15 p.m. the shares of Foods & Inns Limited were trading at Rs. [...]
The shares of this small-cap company gained up to 4.7 percent after the company filed 15 patents in India, strengthening its global tech IP portfolio. With a market capitalization of Rs 14,460.58 Crores. Affle India Ltd, On Thursday, The shares closed at Rs 1,085.35 a share, an increase of 1.86 percent from the previous closing [...]
The Relative Strength Index (RSI) is a momentum indicator that used is in technical analysis. RSI measures the speed and change of a security's recent price to evaluate overvalued or undervalued conditions in the price of that security. The RSI oscillates between zero and 100. Traditionally the RSI is considered ‘oversold’ when below 30 and [...]
TATA Group is one of India's largest conglomerates, comprising 30 companies across ten verticals. The group operates in over 100 countries across six continents. Tata Sons is the principal investment holding company and promoter of Tata companies. The group imprints are found in a wide range of sectors. As of July 31, 2023, there are [...]
The shares of this automobile reached a 52-week high of Rs 5,945.80 apiece after the company planned to launch a new model next month with a capacity of up to 20,000 units per month. With a market capitalization of Rs 1,67,513.59 Crores. Bajaj Auto Ltd, On Thursday, The shares were trading at Rs 5,920.10 a [...]
