The shares of Canara Bank Ltd were trading lower by 1.18% at Rs 222.15 a piece till the afternoon of Tuesday's trading session. In the past month, the stock has zoomed by more than 18%. Ace investor Rakesh Jhunjhunwala holds 3,55,97,400 shares in the company which represents a stake of 1.96% in the company with [...]
The shares of Tanla platforms opened at Rs 869 on Tuesday and sharply declined by 20% to hit the lower circuit. It touched its 52-week low of Rs 730. In the last five days, the stock has declined by more than 26%. This was mainly driven by the excessive selling of shares by the investors [...]
The shares of eMudhra Limited soared 28% in the last two days and reached a fresh 52-week high of ₹ 327.25 apiece on the National Stock Exchange. This happened after the company reported healthy earnings for the quarter ended June 2022 (Q1FY23). Its margins improved due to higher contribution from Enterprise Solution business and operational [...]
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. Here is a list of companies that are going to start trading ex-dividend this week: MRF Ltd. Ex-dividend date: July 27, 2022Dividend Type: FinalDividend per share: ₹144Face Value: ₹ [...]
The shares of Tata Steel will start trading ex-split on Thursday, this week. The company has announced a stock split in the ratio of 1:10 and the record date has been fixed as July 29, 2022. The company's shares have dropped 26.01% in the past year and by 15.94% as per year-to-date data. “The Board [...]
Shares of ICICI Bank gained over 2 per cent in morning trade on Monday after the company reported a 55.04 per cent jump in its June quarter consolidated net profit. The stock rose 2.23 per cent to Rs 817.85 on the BSE. At the NSE, it went higher by 2.21 per cent to Rs 817.80 [...]
The market rose for the sixth straight day to close at nearly a 3-month high. Indian benchmark indices ended Friday’s session on a higher note with the Nifty 50 surpassing the crucial 16700-mark. The BSE Sensex was up 390.28 points or 0.70% and closed at 56,072.23. While the NSE Nifty 50 was up 114.20 points [...]
Debt-free companies are considered self-reliant as they do not have any outstanding financial obligations which need to be repaid over time. Generally, financial liabilities attract a certain type of charges, or interest that is an additional cost for the company. Hence, debt-free companies are generally considered to be low-risk investments. Here is a list of [...]
Banks are unlikely to take a big hit on profitability this quarter due to rising bond yields, which may eat up 5.3 per cent (Rs 11,790 crore) of their net income in the worst-case scenario, according to a report. In the worst-case scenario, banks may see a profit erosion of 2.6 per cent of their [...]
Dolly Khanna, a Chennai-based investor is known for investing in small-cap stocks that tend to generate very good returns in the long term. A good number of retail investors stay updated about the changes in her portfolio. She has invested in the shares of Chennai Petroleum Corporation Ltd., Manali Petrochemicals Ltd. and National Oxygen Ltd. [...]
