In anticipation of Prime Minister Narendra Modi's hat-trick in the Lok Sabha election, a basket of companies potentially that can benefit from favorable government policies is gaining traction today. The "Modi stocks" category is dominated by PSUs. The market capitalization of PSUs as a proportion of overall m-cap has risen to 17% from 14% in [...]
This drone company which is engaged in the business of providing Drone operation training, supply & maintenance services share price went up by 4.09 percent on Monday’s afternoon trading session after receiving a work order worth Rs. 15.01 Crores from a Thailand-based drone company. With a market capitalization of Rs 345 Crores, the shares of [...]
The impact of elections on stock market volatility in India is a well-documented phenomenon. Historical data shows that Indian stock markets are more volatile during election seasons, with market indices often climbing in the months preceding elections as investors position their portfolios based on anticipated outcomes. Stocks that are less likely to be affected by [...]
Indian stock market benchmarks, the Nifty 50 and the Sensex soared to record-high levels in early trade on Monday’s trading session, after a majority of the exit polls predicted that the Bharatiya Janata Party (BJP)-led NDA may win over 350 of the 543 seats in the Lok Sabha elections 2024. At close, NSE Nifty 50 [...]
Smallcap stock engaged in providing Out of Home (OOH) media services focused on programmatic digital OOH advertising, jumped 9 percent in the day’s trade upon entering into an arrangement with Bharat Petroleum Corporation Limited to provide Digital Hoardings at BPCL Retail Outlets. With a market capitalization of Rs. 1,514 Crores, the shares of Signpost India [...]
On Monday, a company that specializes in manufacturing and trading plastic pipes and fittings saw a 7% increase in its stock price to ₹79.50 per share. Additionally, the company has taken legal action against L&T for alleged non-payment and withholding of outstanding dues. Texmo Pipes & Products Ltd. is a micro-cap company with a market [...]
Multibagger stock which is among the Largest welded-line pipe-manufacturing companies in the world jumped 3 percent in the day’s trade upon receiving a work order worth Rs. 3,670 Crores from Aramco. With a market capitalization of Rs. 14,567 Crores, the shares of Welspun Corporation Limited were trading at Rs. 556.70 per equity share, up 1.32 [...]
On Monday, the share price of one of India’s largest online classifieds and auto auction platforms moved down by 3 percent on BSE to Rs. 842.45, after a Foreign Institutional Investor (FII) sold nearly 3.97 percent stake in the company worth Rs. 168.84 crore through a bulk deal. With a market capitalisation of Rs. 3,991.06 [...]
The shares of the maharatna company gained up to 13 percent after the company’s board has approved fund raising up to Rs 1.45 lakh crore through private placement. With a market capitalization of Rs 1.58 lakh crore, the shares of REC Ltd were trading at Rs 602.05 per share, increasing around 11.98 percent as compared [...]
The shares of this leading green energy firm hit a 5% upper circuit on Monday after Morgan Stanley initiated a buy call on the stock with an upside potential of 17%. Suzlon Energy Ltd shares reached the upper circuit of Rs 49.99 apiece on the National Stock Exchange, up 5 percent, with a market capitalization [...]
