The board of this microcap company considered and approved to avail of a term Loan of 180 crores to set up an ethanol distillery plant. In one year, the shares have delivered a multibagger return of 140 percent to its shareholders. For example, a year ago if someone had invested Rs. 1 lakh then, the [...]
The shares of one of the leading and largest integrated logistics services providers in India slumped 4 percent in the day’s trade after reports came out that a 2.5 percent stake in the company valued at Rs. 747 Crores changed hands. At 2:22 p.m. the shares of Delhivery Limited were trading at Rs. 400.45, down [...]
The company is a manufacturer of structural steel tubes. Electric resistance welded (ERW) steel tube production is the company's line of business. The company operates ten manufacturing facilities that produce more than 1,500 different types of hollow sections, structural ERW steel tubes, galvanized tubes, and MS black pipes for the industry. APL Apollo Tubes Ltd [...]
The share price of the NBFC company hit the 20 percent upper circuit and reached its 52-week high at Rs 3,905.15 compared to its previous close of Rs 3,257.45 after announcing the change in management and the upcoming IPO of its group company. Tata Investment Corporation, a promoter group company, holds a 0.33 percent stake [...]
The shares of this distillery company jumped 3 percent after announcing its quarterly results. In one year, the company has delivered a multibagger return of 140 percent to its shareholders. For example, if someone had invested Rs. 1 lakh a year ago, then, the worth of these shares would be Rs. 2.4 lakhs now. With [...]
A company with a ‘fundamentally strong’ nature showcases a certain set of characteristics such as consistent and improving financial performance, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock in which Foreign Institutional Investors (FIIs) hold a considerable stake: Chennai Petroleum Corporation Limited With a market capitalization of Rs 9,355.36 [...]
Mrs. Dolly Khanna, a Chennai-based ace investor, typically shows interest in traditional stocks associated with manufacturing, textile, chemicals, and sugar stocks. She publicly holds 18 stocks with a net worth of around Rs 400 crores. Listed below are three stocks under Mrs. Dolly Khanna’s portfolio that trade at a discount of more than 20 percent [...]
The shares of this housing finance company jumped around 3 percent after the board planned to consider and approve the issuance of Non-Convertible Debentures. In the past six months, the company’s stock has delivered more than 70 percent to its stakeholders. With a market capitalization of Rs. 20,151 crores, the shares of PNB Housing Finance [...]
The Life Insurance Organisation of India (LIC) is India’s largest government-owned life insurance and investment firm. Its primary obligation is to invest in global financial markets and other government assets after receiving funds from individuals via various life insurance policies. As per corporate shareholdings filed for September 30, 2023, lic publicly holds 93 stocks with [...]
Murugappa Group stock which is one of the leading Fertiliser manufacturers and Agricultural solutions providers jumped marginally in the day’s trade after it unveiled its Nanotechnology Center at Coimbatore, Tamil Nadu, to support its efforts towards the development of a wide range of nano-enabled agro-inputs for plant nutrition and crop protection. At 1:32 p.m. the [...]
