This airline stock jumped 20% in Wednesday’s trading session as the promoter group company Spice Healthcare Private Limited buys 3.14 crore stake in the company on preferential basis. Share price of SpiceJet opened at Rs. 34 levels and gained another 20% to reach its intra- day high of Rs. 39.70 per piece. The stock is [...]
Companies with a market value of Rs 48,900 crore or more are classified as large-caps. These are stocks of well-known companies with a large market share with excellent track records. Such a large-cap stock has minimal risks, and modest rewards, is expensive, and is liquid in nature. Here are three Large Cap stocks trading at [...]
Shares of the second largest drug manufacturers in north India soared 20 percent after the company board approved the slump sale of the Active Pharmaceuticals Ingredients business. On Wednesday, Ind-Swift Laboratories Ltd, a small-cap stock with a market capitalization of Rs 729 crore, touched a 20 percent upper circuit on the Exchange for Rs 123.40 [...]
This stock hit upper circuit within the first hour of market open on volumes that were 2x yesterday’s volumes and monthly average volume. The stock is a microcap with a market cap of rs. 510 crore. The stock has been on an uptrend since May 2023 and closed 73% above its 200 day moving average [...]
Shares of this construction stock under the ‘small-cap’ category hit its 52-week high after the company’s Board considered and approved the issue of Bonus shares in the ratio of 2:1. During the last one-month period, the company’s stock has jumped around 18 percent. With a market capitalization of Rs 2,475.98 crores, the stocks of Gensol [...]
Sugar stocks witnessed a massive rally on Wednesday after reports suggested that Avlean, a Switzerland-based company, said that it expects a sixth straight year of sugar deficit as supply would be affected due to a bad crop in India. It said that global markets will face a 5.4 million metric ton deficit of the sweetener [...]
On Wednesday's early-day trade, the Share's of the largest manganese ore producer jumped 4 percent to a 52-week high price of Rs 1,675 per after the company received permission from the Karnataka State Pollution Control Board to expand plant capacity. At 12:45 p.m.,Sandur Manganese and Iron Ores Ltd shares were trading at Rs 1,632.95 a [...]
This chemical stock surged nearly 2% in the market today as HDFC Securities gave it a buy rating with an upside of 23%. The stock saw a potential momentum during the trading session. Share price of Neogen Chemicals Limited opened at Rs. 1735 levels and gained nearly 2% to reach its intra- day high of [...]
Shares of this multibagger Ashish Kacholia stock are trading in the green after SBI Life Insurance bought a fresh stake in the company worth 77.38 crores via open market transactions. With a market capitalization of Rs 8,962.24 crores, the stocks of Safari Industries (India) Limited started their trading session on Wednesday at Rs 3,790 and [...]
The MD and CEO of one of the largest private sector banks in India recently resigned four months ahead of schedule. While this untimely resignation wasn’t expected, brokerages believe in the company and see an upside of up to 49 per cent. Uday Kotak stepping down from the helm of affairs at Kotak Mahindra Bank [...]
