This article examines the latest quarterly financial results which were published today for three key players across different sectors: railway, manufacturing, and infrastructure. It offers an overview of their recent performance, highlighting important updates in sales, profits, and order books. Railtel Corporation of India Limited Railtel Limited was incorporated in the year 2000 with the [...]
Smart Meter stock which is one of the leading electrical equipment manufacturers with a presence across metering solutions, modular switches, switchgear, and many others jumped 4 percent in the day’s trade after it reports a 146 percent jump in Net Profits. Price Action With a market capitalization of Rs. 3,920 Crores, the shares of HPL [...]
About the Semiconductor Industry: India, recognized as a leading manufacturing hub, has significantly increased its domestic electronics production from US$ 29 billion in 2014-15 to US$ 101 billion in 2022-23. The Indian electronics sector now contributes approximately 3.4% to the nation's Gross Domestic Product (GDP). The Ministry of Electronics & Information Technology expects India’s electronics [...]
A company's price-to-earnings (P/E) ratio is lower than the industry average may indicate undervaluation or underlying issues. Investors should investigate further to understand if the low P/E signals a buying opportunity or reflects fundamental problems affecting the company's future growth prospects. Here are the stocks with PE less than the industry with robust results; Voltamp [...]
Small Cap stock engaged in the manufacturing and selling of a wide range of pumps, motors, spare parts, and EV components, in focus upon receiving a work order worth Rs. 558.16 Crores, for the supply of solar pumps. Price Action With a market capitalization of Rs. 9,407 Crores, the shares of Shakti Pumps (India) Limited [...]
The shares of the leading automaker have fallen 5 percent after the company’s net profit and revenue decreased by 67 percent and 10 percent QoQ, respectively in Q1FY25. Tata Motors Ltd has a market capitalization of Rs 3.67 lakh crore, the shares were trading in red at Rs 1,105.85 per share, decreasing around 3.39 percent [...]
Driven by robust financial results and recent strategic developments, this wealth management stock has surged more than 42 percent in just 10 days. Nuvama Wealth Management Ltd.'s share price hit an all-time high of Rs.6,712 on August 1, 2024, marking a remarkable 42 percent rise in 10 days from Rs.4,741.90 on July 22, 2024. Since [...]
In Friday’s trading session, the shares of a company engaged in manufacturing pharmaceutical products surged by 5 percent to reach a new 52-week high of Rs. 68.4. This increase followed the company’s Board approval of a 2:1 bonus issue and a Rs. 50 crore fundraise. With a market capitalisation of Rs. 74.02 crores, at 12:53 [...]
On Friday’s trading session, Indian stock market benchmarks, the Sensex and the Nifty 50, each plunged 1 percent in early trade due to an across-the-board selloff amid weak global cues. The Nifty 50 opened at 24,789, compared to its previous close of 25,010.90, and quickly declined 1 percent to 24,751.10. Similarly, the Sensex opened at [...]
The chemical and metal manufacturer's shares hit a 2 percent upper price band after reporting a remarkable 100 percent year-on-year increase in net profits. The stock has delivered over 234 percent returns in the past year. Share Price Variation In Friday’s trading session, the share price of POCL Enterprises Ltd. hit the 2 percent upper [...]
