Increasing a promoter's stake means that the people who founded or have a significant interest in a company are buying more shares. It is generally taken as a positive signal for retail investors, as it shows that the promoters have confidence in the company's prospects and believe that the stock is undervalued. Listed below are [...]
The shares of the Largest Automobile Manufacturer gained around one percent to hit a fresh all-time high of Rs 687.35 on Wednesday trade after CLSA gave a 'buy' recommendation with an upside of 24 percent. At 10:52 a.m., On Thursday, Tata Motors Ltd shares were trading at Rs 678.65, down 0.40 percent from the previous [...]
The shares of the mapping company surged around 17 percent on Wednesday after it entered into a strategic tie-up with Survey of India for the 3D Digital Twin Mapping Program in India. With a market capitalization of Rs. 1,361 crores, the shares of Genesys International Corp Ltd opened Wednesday's trading session on a positive note [...]
The share price closed at Rs 115.45, down 0.90 percent from the previous close of Rs 116.50. Online food delivery platform Zomato has received GST notices worth more than Rs 400 crore on delivery charges, media reports said on Wednesday. Customers are charged a certain amount by online meal delivery services as delivery fees. Zomato [...]
Companies with a market capitalization of less than Rs 16800 crores are known as small-cap stocks. These firms are typically less well-known than large-cap firms, but they can provide investors with the opportunity for higher returns. Debt-free stocks are those that have no outstanding debt. This means that the company owes no money to lenders [...]
Shares of this penny stock with multibagger returns jumped up to 3 percent on Wednesday after the company secured an order worth Rs 17 lakhs from an international Entity based in North West Africa for the manufacture and supply of a recently added toothpaste brand. With a market capitalization of Rs 36.38 crores, the stocks [...]
The shares of the power infrastructure company were in green after the company signed an MOU for the development of a data center campus in India. The shares have given a multibagger return of 110 percent to its stakeholders on a YTD basis. For example, if someone had invested Rs. 1 lakhs since January, then, [...]
Servotech Power Systems Ltd., the leading manufacturer of EV Chargers in the country, has bagged 2649 AC EV charger orders from Bharat Petroleum Corporation Limited (BPCL). The company will be responsible for manufacturing, supplying and installing 2649 AC EV Chargers strategically across the nation, equipping petrol pumps in major Indian cities under the BPCL E-drive [...]
The P/E (Price to Earnings) ratio compares a company's current share price to its earnings per share (EPS), which is a generally used measure to determine a stock's value. As per reports, alcohol revenues represent 1.2 percent of India’s nominal GDP, 7.7 percent of the total tax collection, and 11.7 percent of the nation’s indirect [...]
The shares of the telecom company are in green after entering into a partnership with Nokia to deploy a next-generation optical transport network. Furthermore, the company has begun the process of taking its subsidiary Bharti Hexacom public. With a market capitalization of Rs. 5.83 lakh crores, the shares of Bharati Airtel opened Wednesday's trading session [...]
