Shares of this stock under the Tata Group universe are trading in green and zoomed around 4 percent post reports covering a large Block Deal pertaining to the shares of the company. Year-to-date, the company’s stock has soared close to 32 percent. With a market capitalization of Rs 87,568.28 crores, the stocks of Tata Power [...]
The shares of the leading manufacturer of electric vehicle gained 3 percent to Rs 44.20 apiece after the company announced 48 percent increase in sales growth in August. At 12:38 p.m.,Wardwizard Innovations & Mobility Ltd shares were trading at Rs 43.82 per share, up 2.17 percent from the previous close price on the Exchange. The [...]
The shares of one of the largest conglomerates in India were trading at ₹ 2431.65 apiece on Friday after multiple brokerages upped the scrip’s target price. Reliance Industries is a Fortune 500 company and has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment and digital services. [...]
Shares of a monopoly stock in Ashish Kacholia’s portfolio have delivered multibagger returns of 131 percent in the past six months, as its share price increased from ₹ 608.35 to ₹ 1,403.80 apiece. Therefore, if an investor had invested ₹ 1 lakh in the company’s shares six months ago, the value of their holdings would [...]
Small-cap stocks are those stocks that have a market capitalization below ₹ 16,800. While they are risky to invest in, as compared to mid-cap and large-cap stocks, some of them turn out to have good metrics and tend to deliver multibagger returns. Here are a few fundamentally strong small-cap stocks that delivered multibagger returns in [...]
This NBFC stock gained 6% after the company announced bonus shares in the ratio of 1:4. The state owned company was earlier a Navaratna which was raised to Maharatna on 12 October 2021. Share price of Power Finance Corporation closed at Rs. 272.90 per piece and traded 6% higher to reach its intra- day high [...]
Shares of this small-cap auto ancillary stock jumped 8 percent after entering into a Power Purchase Agreement to acquire a stake of 26 percent each in a couple of special purpose vehicles (SPVs). In the last month, the company’s stock has moved close to 31 percent. With a market capitalization of Rs 6,773.02 crores, the [...]
The year 2023 has seen 20 companies come up with their initial public offering (IPO), so far, and another three are in the pipeline. All the twenty listings so far have delivered positive returns to investors. The most successful listing this year has been of Cyient DLM, a demerged entity from Cyient. The company has [...]
This S&P BSE 500 rose 6.3% on Thursday within the first hour of market open after the Competition Commission of India approved its acquisition. The stock has been on an uptrend since June 2022 with its 200 day moving average as support, currently 7% above its 20 day moving average and 9% above its 200 [...]
The share price of a construction company appreciated to the tune of 4 percent on Wednesday’s trades to reach an intraday high of ₹ 4,187.90 apiece on the National Stock Exchange (NSE). This happened after the company bagged orders worth ₹ 625.21 crores. Its shares settled at ₹ 4,110.10 apiece. Power Mech Projects is an [...]
