Following two back-to-back days of gains, headline gauges - Nifty 50 and BSE Sensex took a downturn. Investors are nervous ahead of an expected interest rate hike by the US Fed’s rate-setting panel. Gains in Auto and FMCG stocks were offset by losses in financial and IT shares. Here are three Nifty 50 stocks that [...]
An individual on Tuesday sold 3.3 per cent stake in Best Agrolife Ltd for over Rs 98 crore through open market transactions. Raj Kumar offloaded 5,25,000 shares on the NSE and 2,75,000 shares on the BSE, amounting to 3.38 per cent stake in the company, as per the bulk deal data available with the two [...]
Elcid Investments, a penny stock that traded at a price of ₹ 2.31 apiece on the Bombay Stock Exchange, had declared a dividend of ₹ 15 per share. This is more than 6.5 times its share price. The shares will trade ex-dividend on September 22, 2022. However, investors cannot invest in the company as its [...]
Benchmark Indices quoted higher on Tuesday and halted a three-day losing streak, tracking strength across global markets. Singapore Exchange (SGX) Nifty futures, which are an early indicator of the Nifty index, witnessed gains ahead of the opening bell on D-Street. The BSE Sensex closed 578.51 points or 0.98% higher at 59719.70 points while the Nifty [...]
The shares of Welspun Corp Ltd. touched a 12-year high of ₹ 281.30 apiece on Tuesday’s early trades. The multibagger stock advanced 8.5% in two days as it secured a significant order for a Carbon Capture Pipeline project in the United States, as per a regulatory filing. As per the shareholding pattern for June, the [...]
The shares of Dish TV India Ltd have been on an uptrend for the last two days. On Monday the shares rallied by approximately 10 percent after the company announced that its Chairman and Director, Jawahar Lal Goel tendered his resignation from the board of the company. On Tuesday, the shares continued to rise and [...]
Bears pounded the shares of Can Fin Homes’ after the company’s MD and CEO Girish Kousgi, on September 19, 2022, informed the board about his decision to resign, citing personal reasons. The shares tanked over 5% to ₹ 545.00 apiece on Tuesday’s early trades. Kousgi will continue to function as the Managing Director & CEO [...]
The Indian domestic indices have been volatile as the fears of a recession in the US have crippled investors. While due to the volatility the capital appreciation might have slowed, here are some stocks that will pay dividends soon and will act as a passive source of income for the investors: Gujarat Fluorochemicals Ltd CMP: [...]
India has finally received its long-awaited National Logistics Policy (NLP). The Policy is set as a roadmap for developing a more interconnected and tech-driven framework for building cost and operational efficiency in the logistics sector. Prime Minister Narendra Modi said, “From 13 to 14% logistics cost, we should all aim to bring it to single-digit [...]
The shares of Granules India Limited opened at Rs 320 and zoomed by 2 per cent to reach an intraday high of Rs 327 on Monday. In the span of a month, the stock has moved marginally and gained approximately 5 per cent. In the span of three years, the stock has given a multibagger [...]
