The Price-to-Earnings (P/E) ratio of a stock is a metric that compares a company's current share price to its Earnings per Share (EPS). It is commonly used to assess whether a company's stock is undervalued or overvalued by comparing its P/E ratio to the average P/E ratio of its industry. According to reports, India's alcohol [...]
This Auto Component Market Leader stock deals in the business of manufacture, designs, and supply of Steel Wheel Rims and Alloy Wheels. The company has provided an update on revenue guidance and the order book for FY25. In this article, we will look at Steel Strips Wheels businesses, Business segments, financials, and outlook. Price Movement [...]
The initial discussion on price difference started when the price for an Auto ride was compared by an Uber user in Chennai and the photo was posted on X. Another X user from Mumbai showed the price for an auto ride for an iPhone user was Rs.342 and for Android, it was Rs.290 for the [...]
The shares of one of the leading EMS companies in India specialized in the manufacturing of consumer durables, in focus after brokerage company Motilal Oswal initiated a Buy Target on it with a 33 percent Upside Potential. Price action With a market capitalization of Rs. 92,997 crores, the shares of Dixon Technologies (India) Limited are [...]
The shares of this mid-cap pharmaceutical company engaged in developing and manufacturing Active Pharmaceutical Ingredients (APIs) and Intermediates jumped 3 percent on Friday after the announcement of its Q3 results with a 259 percent rise in net profits year on year. Price Action With a market capitalization of Rs 32,969.59 crore, Laurus Labs Ltd rose [...]
This EV stock which deals in the business of manufacturing and trading Electronic Vehicles, other related auto parts, and accessories including other renewable energies was up by 2 percent after the company received approval from NATRAX for Vehicle Manufacturing. Share Price Movement With a market capitalization of Rs. 1,638.52 Crores, the shares of Mercury EV-Tech [...]
The shares of one of the Finance stocks specializing in offering a range of financial products and services including retail and corporate lending, investment banking, and asset management, jumped by 13 percent following the Q3 Results with an 88 percent rise in Profit YoY. Price action With a market capitalization of Rs. 14,979 crores on [...]
The Shares of this small-cap Infrastructure Developer Company with a market cap of Rs 18,632.99 Crores are in focus today after securing new orders worth Rs 2,038 Crores. The shares, as of 11:30 am, are trading around Rs 1,085 apiece, 1.8% down from its previous close of Rs 1,106 per share. New orders’ details The [...]
Shares of this small finance bank recorded an intra-day low of Rs 32.10, around 7% down from its previous close of Rs 34.56 per share due to underwhelming Q3FY25 results. Reason for the fall The Ujjivan Small Finance Bank’s Net profit was down by 64%, from Rs 300 Crores in Q3FY24 to Rs 109 Crores [...]
This Telecom stock which deals in the business of infrastructure related to telecom and enabler with active interest focused on telecom infrastructure development, integration of systems, and supply and manufacturing of high-end telecom equipment, Optical Fiber and Cable were in focus after the company received a work order from RVNL worth Rs. 2,167.65 crore. Share [...]
