Benchmark indices opened in the green as they extended gains to the third session in a row. Strong global cues and steady foreign flows kept the markets higher. The Nifty 50 was at 18000 levels, while the Sensex was at 60740 levels. However, two stocks took a downturn as they missed expectations in terms of [...]
The shares of Gloster Limited got locked in an upper circuit of 20 per cent at Rs 1,385 levels till the afternoon on Monday. The stock skyrocketed after the board announced that it will consider a bonus issue of shares. “This is to inform you that a Meeting of the Board of Directors of the [...]
Manufacturer of snacks and sweets Bikaji Foods International Ltd on Monday said it has fixed a price band of Rs 285-300 a share for its Rs 881-crore initial public offering (IPO). The initial share-sale will open for public subscription on November 3 and conclude on November 7, the company announced. The IPO will be a [...]
The shares of Trent Limited, a tata group stock opened at Rs 1,463 on Monday and climbed by 5 per cent to reach its new 52-week high of Rs 1,542 in the early hours. In the past four months, the stock has climbed by approximately 42 per cent. In October 2020, the stock was trading [...]
National Standard (India) Limited shares have returned 22,479.68% in just four years, rising from Rs 21 to the current level of Rs 4,944 per share on BSE. This demonstrates the power of compounding that can be obtained through long-term investments. If an investor would have invested Rs 1 lakh in the company in October 2019, [...]
A company that has strong business tends to have robust fundamentals. These companies tend to survive even when they hit turmoil. Here are four fundamentally strong stocks to add to your watchlist for an upside of up to 52%: Jindal Steel & Power Limited The shares of Jindal Steel & Power were trading 3 per [...]
Many newly listed companies are reeling under pressure amid the volatility in the markets. The BSE Sensex closed marginally higher at 59,960 points, up 0.34% on Friday, while the Nifty was quoting at 17,787 points, up 0.28%. Here are two stocks in which CITI sees an upside of up to 94%: Life Insurance Corporation of [...]
Coffee can investing is the “buy and forget” approach to investing. It is a low-risk strategy to build enormous wealth over a period of time. Investors buy a variety of stocks that have performed consistently and stay invested in them for a long period, say ten years, to be able to generate multibagger returns. The [...]
Shares of Infibeam Avenues shot up 19.72% on Friday’s early trades to reach a high of ₹ 17.30 on the National Stock Exchange. This happened after the company received a payment aggregator license from the Reserve Bank of India. Infibeam Avenues is a fintech company that provides software development services, maintenance, web development, payment gateway [...]
The shares of TD Power Systems Limited were trading 1.4 per cent lower on Friday morning at Rs 616 levels. In the past four months, the stock has zoomed by approximately 33 per cent. In a year, it has gained 82 per cent. TD Power Systems is one of the leading manufacturers of AC Generators [...]