Domestic Benchmark indices displayed a strong showing on Monday, as they added around 0.8%. The thirty-share index (BSE Sensex) jumped 500 points and ended at 58410 points, while the thirty-share index (NSE Nifty 50) climbed 126 points to end at 17,311 points On Friday, the markets ended marginally higher amid volatility. The BSE Sensex quoted [...]
Established in 1955, West Coast Paper Mills Limited (WCPM) is one of India’s oldest and largest manufacturers of paper for printing, writing, and packaging. Based out of Dandeli, Karnataka, it is a small-cap company with a market capitalization of Rs. 3,850 crores. A new name has emerged in the share shareholding pattern for July to [...]
Nifty heavyweight Reliance Industries shares are in focus as it is scheduled to release its September quarter (Q2FY23) results today. According to analysts, the Mukesh Ambani-controlled conglomerate is likely to report strong year-on-year growth in consolidated net revenue and profit for the said quarter. The company’s results usually lack an element of surprise, however, quite [...]
Part of the Adani Group, Adani Transmission Ltd. (ATL) announced on Thursday that it has secured an order to install and maintain 10.8 lakh smart meters for BEST Mumbai, a civic transport and electricity provider public body. Gujarat-headquartered ATL is one of India’s largest private-sector power transmission companies. It establishes, commissions, operates and maintains electric [...]
Leading stock exchanges BSE and NSE will conduct a one-hour special muhurat trading session on Monday, marking the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali. The symbolic trading session would be held between 1815 hrs and 1915 hours, the stock exchanges said in separate circulars. It is [...]
With a market capitalization of ₹ 41,101 crores, Astral Limited is a large-cap company, primarily engaged in the plumbing and drainage systems business in India. The movement of its share price over the years is an example of how staying invested in a company for the long term can give multibagger returns to its investors. [...]
Infosys has allowed employees to take up 'gig' jobs on the side with prior consent of managers provided such an engagement does not compete with the company, its clients or pose conflict of interest. The company, in an internal communication to employees, detailed how staff can take up 'gig' work. Analysts say, the move may [...]
The Indian stock exchanges – BSE and NSE will conduct a one-hour special Muhurat trading session on the occasion of Diwali on Monday, October 24, 2022. This will mark the beginning of the new Samvat 2079 – which is an ancient Hindu calendar year that starts on the day of Diwali. The trading session would [...]
Brokerages have a bullish view of a small-cap multibagger stock. The company has a new product pipeline. In addition, it has strong traction in the contract development and manufacturing organisation (CDMO) segment. Jubilant Ingrevia Ltd is a part of the diversified global conglomerate, Jubilant Bhartia Group. The company has a global presence in integrated life [...]
The shares of Mahalaxmi Rubtech Ltd were trading marginally lower at Rs 197 levels in the early trading hours of Thursday. Founded 55 years ago, Mahalaxmi Rubtech (MRT) is a small-cap company with a market capitalization of Rs. 210 crores. It is engaged in the business of offset printing of blankets, manufacturing of coated fabrics, [...]