India's banking sector achieved a significant milestone in FY23-24 with its net profit exceeding Rs. 3 lakh crore for the first time. According to a few reports, the combined net profit of listed public and private sector banks grew by 39 percent, reaching Rs 3.1 lakh crore compared to Rs 2.2 lakh crore in FY23. [...]
The Indian chemical sector is a significant part of the country's industrial landscape and is one of the largest producers and exporters of chemicals worldwide. It is poised for robust growth, driven by strong domestic demand, increasing exports, and supportive government policies. As per industry reports, this sector is poised for further expansion, with an [...]
The Indian tourism sector is witnessing robust growth, bolstered by government initiatives and a rising middle class. According to reports, the industry is poised to grow rapidly in the coming years. The travel market is likely to touch USD 125 billion by 2027, with international tourist volume projected to increase to 30.5 million by 2028. [...]
The semiconductor sector is poised for significant growth in 2024, driven by technological advancements and government initiatives, particularly in India. Moreover, the Indian government has launched several initiatives to boost domestic semiconductor manufacturing, including the Production-Linked Incentive (PLI) scheme. Listed below are such Semiconductor stocks with good financials: RIR Power Electronics Ltd With a market [...]
Dividends are a share of a company's profits paid out to shareholders as a reward for their investment. These periodic payments offer investors a consistent income stream and indicate the company's financial health and stability. For investors seeking reliable income and sustained growth, grasping dividend policies and trends is crucial. Here are six stocks that [...]
When a promoter releases his share pledge, it is typically viewed positively as it indicates improved financial health and reduced financial risk for both the promoter and the company. It signals increased confidence from the promoter in the company's future prospects, which can be a reassuring sign for investors. Listed below are some of the [...]
Vanguard is a renowned global investment management company, offering a diverse range of mutual funds, ETFs, and other financial products. With a commitment to low-cost investing and a focus on long-term wealth accumulation, Vanguard has become a trusted choice for investors seeking reliable and efficient investment solutions worldwide. Here are the stocks in which the [...]
The shares of this leading biotechnology tumbled around 2 percent to its intra day low of Rs 697 apiece from its previous closing price after the firms net profits fell by 8.4 percent Share price movement: Praj Industries Limited’s shares closed at Rs 700.80 apiece on friday with the market capitalization standing at Rs 12,881 [...]
The shares of this micro-cap firm which falls under the sector of chemicals saw its shares rise around 2 percent to an Intraday high of Rs 137 apiece from its previous closing price, after entering into a partnership with a UAE-based company. Share price movement: The shares of Ducol Organics & Colours Limited which was [...]
The shares of this small-cap energy company hit a 5 percent upper circuit after securing a 620 MW (Mega Watt) hybrid project from Gujarat Urja Vikas Nigam Limited (GUVNL) an undertaking of the Government of Gujarat. Share Price Movement On Friday’s trading session, at around 9.40 am, the share price of KPI Green Energy Limited [...]
