The shares of defence equipment manufacturers, service providers and ship-builders gained even though benchmark indices were deep in the red. This happened after India barred certain imports to boost domestic manufacturing. According to a PIB statement dated August 28, 2022, the Defence Ministry has approved a "third positive indigenisation list" of 780 strategically important line [...]
Dividends have been a passive source of income for many. Investors make money from dividends even when stocks are trading sideways or are showing a downtrend. In this highly volatile market, here is a list of companies that are going to start trading ex-dividend this week: Power Finance Corporation Ltd Ex-dividend date: September 1st, 2022 Dividend [...]
The shares of Mazagon Dock Shipbuilders Limited opened at Rs 344 on Monday and rose by approximately 15 per cent to reach its new All time high of Rs 399 in the early trading hours. The stock has gained more than 27 per cent in the last five days. In the span of a month, [...]
The BSE Sensex tanked more than 1300 points or 2.23 per cent on Monday, opening at 57524.27 points. Similarly, the NSE Nifty 50 opened at 17181.90 points, down 377.00 points or 2.15%. However, the markets recovered later during the morning session. The Sensex was down 740.36 points (1.26 per cent) at 58,093.51, while the Nifty [...]
The market bled on Monday as the Sensex was down 1,210.62 points or 2.06% to open at 57623.25, and the Nifty was down 361.50 points or 2.06% and started at 17197.40. Amid the highly volatile markets, here are some stocks which are suggested by brokers for an upside of up to 78%: Reliance Industries Ltd [...]
Akasa Air, which started operations less than a month ago, has suffered data breach resulting in certain customer information being accessed by unauthorised individuals. The airline on Sunday apologised for the data breach and said the incident has been "self-reported" to the nodal agency, the Indian Computer Emergency Response Team (CERT-In). Akasa Air also said [...]
A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Generally, a stock split is taken as a sign that the company is thriving for which the stock prices have increased. So to make it more affordable for the investors, the stock is split. Here are three [...]
The shares held by a promoter refer to promoter holdings or promoter stake. The stake that promoters hold in a company plays a very important role in the success and growth of a company. Promoters are usually at the top level of management of the company. Therefore when their stake is high or is increasing, [...]
Zerodha reached a new milestone as the company now crossed the ‘One Crore customer’ mark on its platform. Nithin Kamath, Founder and Chief Executive Officer of Zerodha took to LinkedIn to share the news and also about the journey of his company so far. “Looking back, the biggest tipping point was Aadhar for online account [...]
Syrma SGS Technology shares ended with over 42 per cent premium in the debut trade on Friday against the issue price of Rs 220. The stock made its debut at Rs 262, a jump of 19.09 per cent from the issue price on the BSE. During the day, it zoomed 42.90 per cent to Rs [...]