Benchmark BSE Sensex rose by 156 points while the Nifty closed above the 17,300 level on Thursday after gains in metal, IT and capital goods shares amid foreign capital inflows. The 30-share BSE benchmark gained 156.63 points or 0.27 per cent to settle at 58,222.10. During the day, it jumped 513.29 points or 0.88 per [...]
Shivalik Bimetal Controls Limited, a small cap multibagger stock, has announced the record date for a 2:1 bonus issue. This means that eligible shareholders will receive one bonus share for every two equity shares held by them as of the record date. The company is specialized in the joining of materials through various methods. It [...]
Shares of SpiceJet on Thursday climbed over 9 per cent amid reports that the company is expected to receive an additional Rs 1,000 crore as part of the modified ECLGS (Emergency Credit Line Guarantee Scheme). After beginning the trade on a positive note, the stock of the budget carrier further jumped 9.23 per cent to [...]
The shares of Reliance Industries Limited were trading in green at Rs 2,435 levels in the early hours on Thursday. In the past month, the stock has shed over 6.24% and has largely remained flat at a 1.29% gain. Despite the share price being volatile, the company has remained in the news for positive developments. [...]
Return on Capital Employed (ROCE) is one of the most important factors that are to be checked in order to find quality stocks. It measures a company’s profitability and efficiency. Ideally, it should be above 20 per cent. Vijay Kishanlal Kedia publicly holds 16 stocks with a net worth of over ₹ 770.7 crores. Here [...]
Dr Reddy's Laboratories Ltd on Monday said Life Insurance Corporation of India has increased its stake to 7.7 per cent in the pharmaceutical firm through purchase of 33.86 lakh shares from open market over a period of time. Life Insurance Corporation of India (LIC) earlier held around 5.65 per cent stake in the company, Dr [...]
An increase of 100 per cent or more, in the share price of a company, is one of the simplest ways by which investors receive multibagger returns. But corporate actions like a bonus issue can also help investors receive multibagger returns by multiplying the number of shares that they hold. Jyoti Resins and Adhesives Ltd [...]
Headline gauges declined marginally on Monday, tracking weak global cues. The Sensex was quoting at 57,168.01 points, down 258.91 points (0.45%), while the Nifty 50 was trading at 17,025.65 points, down 68.70 (0.40%). Here are a few stocks that gained more than 5% while the markets are in the red: 1) Cochin Shipyard Ltd The [...]
In its board meeting held today, the board of FSN E-Commerce Ventures, the parent company of e-commerce brand Nykaa, has announced a 5:1 bonus issue. Eligible shareholders will receive five bonus shares for every 1 share that they hold. Soon after the announcement, at 11:24 AM, the company’s shares were trading 7.85% higher at ₹ [...]
A realtors’ body on Sunday said the rate increase was steeper than expected, but if any further rate hike is passed on to the home buyers, the employment-intensive real-estate sector will get adversely impacted. Reserve Bank of India raised the repo rate by 50 basis points to 5.9 per cent on Friday, in a bid [...]
