Patanjali Foods, the erstwhile Ruchi Soya Industries, on Wednesday, said that its promoters are planning to sell shares to institutional investors in June to meet minimum public shareholding norms. Baba Ramdev-led Patanjali Foods Ltd acquired the erstwhile Ruchi Soya Ltd in September 2019 through a corporate insolvency resolution process. Patanjali Foods, formerly Ruchi Soya Industries, [...]
HDFC Life Insurance Company Ltd, is a leading private life insurance company in india, offering a wide range of individual and group insurance solutions. HDFC Life has been among the top 3 players within the private sector space with a market share of 17% as of FY23. The company’s stock closed at a price of Rs [...]
Benchmark indices were in the red today with the Sensex losing 194 points and closing at Rs 62,428.54. Moreover, the Nifty 50 index slipped 47 points and closed at Rs 18,487.75. Showing a contrast to how the markets moved, listed below are 3 stocks that hit the 20 percent upper circuit today: Nureca Limited The [...]
Shares of the public sector undertaking UCO Bank traded in the green today and closed at Rs 27.80. The scrip witnessed an intra-day high of Rs 28.30, gaining around 8 percent as compared to the previous closing price of Rs 26.30. The company has a market capitalization of Rs 33,237 crores. Keeping a purview of [...]
Shares of KPIT Technologies gained 5.21% on Thursday’s early deals to reach a fresh 52-week high of ₹ 1,118.40 apiece on the National Stock Exchange (NSE). At 02:52 PM, its shares were trading at ₹ 1096.50 apiece. KPIT Technologies provides automobile, engineering and mobility-based software solutions. It analyses data for diagnostics, maintenance and tracking of [...]
Shares of Coal India, a Maharatna Central Public Sector Enterprise (CPSE), fell the most in over six months after the Union Government said that it would sell a 3% stake in the company this week. The state-run company’s share price declined by 5% on Thursday’s early trades to reach an intraday low of ₹ 229.15 [...]
Shares of Cyient Limited started its trading session today at Rs 1,308.35 and currently trades at Rs 1,368. The scrip witnessed an intra-day high of Rs 1,408.80 indicating a gain of around 8.5 percent as compared to the previous closing levels of Rs 1,297.90. In the last six months, the stock has gained a considerable [...]
Brightcom Group Ltd's share surged 5% on Thursday to reach an intraday high of ₹ 19.60 apiece from the previous close price of ₹ 18.70. The company has a market capitalization of ₹ 3,956 crores. Today's stock price has increased as an outcome of the company's recent release of positive Q4 earnings. Brightcom earned a [...]
Being debt-free is the most preferable scenario as it equips the company to survive the stressful business cycles. Listed below are 4 such stocks with zero debt held by ace investor Mr. Mukul Agrawal: TAAL Enterprises Limited TAAL Enterprises Limited is engaged in the business of providing air-charter service for Luxury private air charters to [...]
A company is fundamentally strong in nature when it has robust financials over the years, those companies adopt strategic plans to obtain greater market share and eventually to improve their revenue, Due to different barriers or a slowdown in the economy, such companies encounter certain challenges to overcome. Listed below are three such stocks which [...]
