The Indian textile industry is a crucial sector of the country's economy, contributing significantly to exports, employment, and overall economic growth. Recently, the Indian government has announced a capital expenditure (capex) of Rs 10,000 crore under the production-linked incentive (PLI) scheme to boost the domestic garment manufacturing and exports sector. The scheme is expected to [...]
The Benchmark Indices closed in the green on Tuesday, with the Sensex experiencing a gain of 51.7 points or nearly 0.06 percent, ending the day at 80,716.55, and the Nifty 50 index closed in green by nearly 0.11 percent or 26.3 points higher, to close at 24,613. The Nifty 50 index moved up by 0.84 [...]
The cement industry is a key sector in India, playing a vital role in the country's infrastructure development and economic growth. As the second-largest cement producer globally, India accounts for around 7 percent of the world's cement capacity. Moreover, the cement industry is expected to continue expanding, with production forecast to reach 550 to 600 [...]
Penny stocks are relatively inexpensive, They have insignificant market capitalizations and lack liquidity in their stocks. Such stocks are more subject to market volatility. Many investors avoid these stocks because of their weak fundamentals and unreliable businesses. A debt ratio of zero suggests that the company does not finance additional operations by borrowing at all. [...]
Shares of this smallcap company are expected to be in focus after signing the MoU to introduce new products for the defence and maritime industries. In one year, the stock has delivered a multi-bagger return of 304 percent to its shareholders. Price Movement: With a market capitalization of Rs. 1,096 crores, the shares of Krishna [...]
The Maharatna status grants Central Public Sector Enterprises (CPSEs) in India greater financial and operational autonomy, allowing them to make significant investment decisions, capital expenditures, and strategic expansions without government approval. The Maharatna status is bestowed upon companies that have consistently earned over Rs 5000 crore in net profit for three consecutive years, maintaining an [...]
The Indian tyre industry is poised for significant growth in the upcoming years, with projections indicating a substantial increase in revenue. According to the Automotive Tyre Manufacturers' Association (ATMA), the industry is set to more than double its revenue to $22 billion by FY31-32 from $9 billion in FY21-22. In the truck and bus tyre [...]
The Ambani Group is India's largest conglomerate, with a significant presence in the Indian economy. The group includes several companies that operate in various sectors such as natural gas, petrochemicals, retail, mass media, telecommunications, textiles, and energy. Listed below is one such Ambani group stock that has delivered multibagger returns of 2,434 percent to its [...]
The shares of this small-cap company are expected to be in focus after reporting an increase in net profits by 69 percent during Q1FY25. The stock has delivered more than 20 percent returns to its shareholders in one year. Price Movement: With a market capitalization of Rs. 8,803 crores, the shares of Just Dial Ltd [...]
India is the largest global supplier of generic drugs and the Indian pharmaceutical industry is growing rapidly, projected to reach $65 billion by 2024 and $130 billion by 2030. Growth is driven by increasing R&D investments, government initiatives, and rising domestic healthcare demand Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicate [...]
