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. Listed below is a Fundamentally strong chemical stock, the leading specialty marine chemical [...]
Foreign Institutional Investors (FIIs) have significantly boosted the banking sector with an inflow of $2.5 billion in the last quarter. This surge in investment highlights growing confidence in the sector's stability and growth prospects, driving stock prices and enhancing overall market sentiment. Here are the bank stocks in which FII increased their stake up to [...]
The share price of this micro-cap company engaged in the business of production of industrial minerals jumped 11.5 percent to an intraday high of Rs.233.55 per share after the announcement of acquisition of two Limestone quarries in Malaysia. On Friday, 20 Microns Ltd. shares closed at Rs 217 apiece,up 3.87% from the previous close price.The [...]
In simple terms, a solar-powered pump operates using energy from photovoltaic panels or collected sunlight, rather than relying on grid electricity or diesel. These pumps are more economical due to their lower operation and maintenance costs and have a smaller environmental footprint compared to diesel-powered pumps. To encourage this technology, the Indian government has introduced [...]
In Friday’s trading session, the shares of a development finance institution surged by 2.6 percent to hit an intraday high at Rs. 73.28, as compared to its previous closing price of Rs. 71.43. With a market capitalisation of Rs. 18,297.7 crore, the shares of IFCI Limited opened in the green at Rs. 71.94. The stock [...]
Nirmal Bang highlighted in its note that the excitement surrounding the Defence sector is largely driven by strong order books leading to high valuations. However, conventional financial metrics fail to fully capture the industry's true value, particularly in terms of cyclicality, profitability, and efficiency. Nirmal Bang Securities Pvt Ltd, a leading full-service brokerage firm in [...]
The shares of this large cap company jumped around 3 percent in Friday’s trading session after LIC increased their stake. In just one month the stock has delivered a more than 50 percent return to its shareholders. Price Movemnet: With a market capitalization of Rs. 1,25,278 crores, the shares of Rail Vikas Nigam Ltd started [...]
The full-year union budget announcement for FY24-25 is set for July 23rd, a significant event for the markets. Expectations are high for a budget focused on growth and reforms. Historically, the Union Budget has a substantial impact on the stock market, influencing sectors based on government policies and financial strategies. JPMorgan expects India's government to [...]
The shares of this smallcap company fell around 6% in Friday’s trading session after reporting a decline in net profits by 24 percent in Q1FY25. Price Movemnet: With a market capitalization of Rs. 6,222 crores, the shares of Rallis India Ltd started Friday’s trading session on a lower note at Rs. 323 compared to its [...]
The share price of this leading engineering service firm fell by 2 percent to an intraday low of Rs 989 per share after the company’s net profit decreased by 15.6 percent in Q1FY25. Share price movement: With a market capitalization of Rs 40,550.63 crores, the shares of Tata Technologies Limited fell around 1 percent at [...]
