Shares of this Pharma stock under the ‘micro-cap’ category spiked around 14% in Thursday’s trading session after the company posted financial results for Q2FY24, i.e., for the quarter ended September 2023. With a market capitalization of Rs 965.38 crores, the stocks of Syncom Formulation (India) Limited started their trading session on Thursday at Rs 9.40 [...]
The PEG ratio, short for Price/Earnings to Growth ratio, is a financial metric calculated by dividing a stock's Price-to-Earnings (P/E) ratio by the expected rate of the company's earnings growth over a defined time frame. A low PEG ratio could indicate that the stock is attractively priced, using the PEG ratio can be a valuable [...]
A company is said to be ‘fundamentally strong’ if it portrays a certain set of characteristics such as strong and consistent growth in revenues & net profits, lower leverage ratios, and many more. Listed below is one such fundamentally strong Private-sector Bank in which HDFC Securities sees a 30 percent upside: Federal Bank Limited With [...]
The shares of this small-cap company jumped around 7 percent after the company announced that it would receive Rs.140 crore in arbitration proceedings linked to the Telangana State Power Generation Corporation Ltd (TSGENCO) contract. With a market capitalization of Rs. 3,050 crores, The shares of Va Tech Wabag started its Wednesday trading session on a [...]
Shares of this small cap sugar company jumped 2.95 percent today after the company announced results for Q2FY24 and reported robust profit growth of 130 percent and more. The company has a market capitalization Rs. 8,503.09 crores. On 8th November shares of E I D- Parry Ltd closed at Rs. 492 per share, up by [...]
The shares of this microcap company surged around 17 percent after announcing strong Q2 FY 24 results. In one month, the shares have delivered more than 25 percent returns to its shareholders. With a market capitalization of Rs. 49.39 crores, the shares of Modern Diaries Ltd started today’s trading session flat at Rs. 22. The [...]
The share of this automotive company gained up to 5 percent after the company’s net profit increased by 53 percent in the second quarter result. Talbros Automotive Components Ltd is a small-cap company with a market capitalization of Rs 1,432.09 crores. The company shares were trading at Rs 237.95 a share, increased by 2.37 percent [...]
The shares of this small-cap company jumped around 6 percent after announcing strong Q2 results. In six months, the share has delivered 23 percent returns to its shareholders. With a market capitalization of Rs. 2,467 crores, the shares of Dollar Industries Ltd opened its Wednesday trading session on a higher note. The stock opened at [...]
As per a Reuters report, oil prices on Wednesday fell over 4 percent which is the lowest in over three months after a sharp decline in Chinese imports exacerbated concerns about oil demand and consequently triggered a heavy sell-off in the crude oil market followed by a steep build in US crude supplies. In addition [...]
The shares of India’s first private sector port jumped 8 percent in the day’s trade after it declared robust quarter ended September results and it declared an Interim Dividend of Rs. 3.60 per share. At 2:41 p.m the shares of Gujarat Pipavav Limited were trading at Rs.132.85 up 6 percent from its previous day close [...]