The O2C (Oil-to-Chemicals) sector in India is projected to face challenges throughout FY25 due to weak macroeconomic conditions and declining demand, particularly in petrochemicals and transportation fuels. Analysts anticipate a slow recovery and with margins remaining under pressure from geopolitical tensions and global supply issues. In the telecom and retail sectors, Reliance Industries is expected [...]
EV stock engaged in designing, manufacturing, and servicing DC Power systems and Li-ion-based energy storage solutions hit a 5 percent upper circuit in the day’s trade upon signing MoU to develop and expand EV charging infrastructure. Price Action With a market capitalization of Rs. 3,024 Crores, the shares of Exicom Tele-systems Limited hit a 5 [...]
The snacks and namkeen industry in India is a rapidly growing sector driven by a shift in consumer preferences towards convenient, ready-to-eat food. Traditional snacks, such as namkeen, sev, and bhujia, alongside modern innovations, are in high demand across urban and rural areas. Major players in the sector include Bikaji, Prataap Snacks (maker of brands [...]
The Central Govt of India will provide an 80 percent or higher subsidy on the upstream infrastructure required to set up electric public fast charging stations across the country under the Rs. 2,000 crore PM Electric Drive Revolution in Innovative Vehicle Enhancement. According to draft guidelines from the Ministry of Heavy Industries (MHI), the subsidy [...]
The Price-to-Book Value (P/BV) ratio is a key indicator used to evaluate the market valuation of a company relative to its book value. A P/BV ratio of less than 1.5 suggests that a company's stock is trading at a price less than 1.5 times its book value, often indicating undervaluation or potential market pessimism. In [...]
Smallcap stock engaged in the manufacturing and selling of a wide range of pumps, motors, spare parts, and EV components jumped upto 5 percent in the day’s trade after the board approved raising funds not exceeding Rs. 400 Crores. Price Action With a market capitalization of Rs. 15,075 Crores, the shares of Shakti Pumps (India) [...]
In Tuesday's trading session, smallcap stock, specializing in customer engagement, back-office operations, and digital transformation solutions, jumped 18 percent following acquisition of 100 percent stake in a Latin American-based contact center. Price action With a market capitalization of Rs. 1,310.17 crores on Tuesday, the shares of One Point One Solutions Limited were trading at Rs. [...]
In Tuesday's trading session, smallcap stock, specialising in providing a wide range of skill development programs, training solutions, and certifications across various industries, hit a 5 percent upper circuit after receiving approval for the declaration of a dividend of Rs. 0.10 per share and a 2:1 bonus issue. Price action With a market capitalization of [...]
In Tuesday's trading session, shares of one of the leading cybersecurity stock, specializing in vulnerability management, were in focus upon achieving significant growth by Onboarding 2,000 New Clients for Expansion and Global Reach. Price action With a market capitalization of Rs. 1,467.14 crores on Tuesday, the shares of TAC Infosec Limited were trading at Rs.1,376 [...]
This Bluechip Shares of large-cap infrastructure companies are gaining attention after they secured an order for Power Transmission and Distribution Business vertical in India and the Middle East worth upto Rs. 5,000 crores. Share Price Movement In Tuesday’s trading session, the share price of Larsen & Toubro touched a day’s high of Rs. 3,643.90 per [...]