Investors prefer Public Sector Undertakings (PSUs) in India due to their stability and government backing, which reduce default risks. PSUs offer a blend of security, regular income, and potential for growth, making them appealing to investors seeking stable returns and lower risk. The Piotroski score is a discrete score that ranges between zero and nine [...]
India's defence sector plays an important role, in major investments and alliances. The sector's budget allocation for 2023-24 was at ₹4.78 lakh crore, with emphasis on modernization and indigenous manufacturing. It employs about 1.5 million people and operates in a variety of sectors such as aerospace, naval, and ground systems, all of which contribute to [...]
Amazon's market capitalization reached $2 trillion for the first time, attracting more attention from investors and traders. Since the beginning of the year, Amazon stock price has surged 27.5%, significantly outpacing the Nasdaq 100 index’s growth and making the company highly attractive investment. The company's Q1 reports indicate the recovery of the Amazon Web Services [...]
Reliance Jio announced its first tariff hike in 2.5 years on June 27th. Within 24 hours of this announcement, Bharti Airtel also raised its tariffs in a similar manner. Jio's new tariffs will see an increase ranging from 12.5 percent to 25 percent, while Bharti Airtel's tariffs will go up by 10 percent to 20 [...]
The share price of this Midcap Market leader firm hit a 20 percent upper circuit to an Intraday high of Rs 2,407.4 per share on Friday after the board of directors of the company have announced to approve the issuance of bonus shares. With a market capitalization of Rs 24,358.95 crores, the shares of Central [...]
The share price of this small-cap bank firm gained by 5.8 percent to an Intraday high of Rs 385.6 per share on Friday after Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) bought stakes in the company. With a market capitalization of Rs 6,610.68 crores, the shares of CSB Bank Ltd went up by [...]
Miniratna PSU primarily involved in the generation of power through hydropower stations, sale of bulk power to various power utilities, and providing many more related services jumped 4 percent in the day’s trade upon signing PPA for a 200 MW Solar Power Project. Price action With a market capitalization of Rs. 1,01,555 Crores, the shares [...]
In Friday’s morning trading session, the shares of a tech-enabled B2B marketplace focussed on construction materials hit a 2 percent upper circuit on BSE to Rs. 449.85, after the ace investor Ashish Kacholia bought stake in the company worth Rs. 40.04 crore. With a market cap of Rs. 5,017.6 crore, the shares of SG Mart [...]
Specialty chemicals stock focused on producing advanced intermediated and specialty chemicals, with well-known clients such as Aramco, Dr. Reddy’s, and many more, jumped 9 percent in the day’s trade upon executing a Strategic Supply Agreement (SSA) with Baker Hughes. Price Action With a market capitalization of Rs. 12,516 Crores, the shares of Aether Industries Limited [...]
Shares of this smallcap company jumped around 6 percent in Friday’s trading session after mutual funds like Motilal Oswal, Bandhan, and Nippon India bought stakes in the company. In one year, the shares have delivered more than 80 percent returns to its shareholders. Price Movement: With a market capitalization of Rs. 3,569 crores, the shares [...]
