Penny stock which is a sister company of the Multinational Information Technology Company, HCL Technologies Limited, is in green after it won an arbitration award for Rs. 30 Crores. At 9:30 a.m. the shares of HCL Infosystems were trading at Rs. 17.70, up 1.43 percent from its previous day's close price of Rs. 17.55 and [...]
The share price of the leading bank jumped 1.1 percent to Rs. 222.60 in its intraday session on Tuesday from its previous close of Rs 220.15 after announcing the tie-up with HDFC Life Insurance Company to offer life insurance products. Karnataka Bank has signed a distribution agreement with HDFC Life Insurance Company Limited. According to [...]
The share of this small-cap company gained up to 0.48 percent after the company announced the acquisition of 60% Equity Share Capital of Transco Logistix Worldwide Pvt Ltd. With a market capitalization of Rs 1,832.91 crores, Lancer Container Lines Ltd. On Tuesday, the shares were trading at Rs 84.82, a decrease of 1.12 percent from [...]
The Piotroski score is a discrete score used to determine the strength of a firm's financial position and determine the best-value stocks. The score ranges from ‘zero’, being the worst to ‘nine’, being the best. Listed below are three multibagger stocks under the ‘mid-cap’ category with a Piotroski score of ‘nine’ that one should keep [...]
Domestic benchmark indices closed in the green on November 15. The BSE Sensex increased 3.28 percent and ended the first half of November at 65675.93 Similarly, the NSE Nifty 50 Jumped 3.6 percent, to 19,443.55. On a year-to-date basis Foreign Portfolio Investors (FPI) have invested over Rs. 1,42,829 crores in the Indian stock market, Foreign [...]
A company is said to be ‘fundamentally strong’ after it showcases a certain set of characteristics such as strong and consistent financials, lower leverage ratios, and many more. Listed below are three stocks under the ‘mid-cap’ category under Rs 450 that one should add to their watchlist: General Insurance Corporation of India With a market [...]
The pharmaceutical industry is the process of finding, developing, and producing pharmaceutical products. It's pervasive and involves government agencies, research, chemicals, and regulation. Here are three stocks that derive up to 50% of their revenue from the United States of America. Aurobindo Pharma Ltd. Aurobindo Pharma is engaged in the production and distribution of generic [...]
The shares of one of the emerging leaders in Bass part manufacturing gained up to 5 percent after the company’s Board of the Company has approved the raising of funds for its subsidiary through an Initial Public offer. Sprayking Agro Equipment Ltd is a Micro-cap with a market capitalization of Rs 245.18 Crore. On Monday, [...]
The shares of South Asia's largest hospitality chain enterprise gained around 3 percent to Rs 422.60 per share after UBS gave an upside of 19 percent. Indian Hotels Company Ltd(IHCL) shares closed at Rs 419.60 per share on Monday, up 2.04 percent from the previous close price of Rs 411.20. The company has a market [...]
The “Operating Profit Margin” (OPM) measures how much profit a company makes on a rupee of sales after considering the variable costs of production but before the payment of interest or tax. OPM is calculated as a ratio of the company’s operating income and its net sales. The higher the OPM ratios, the better the [...]
