This gaming stock gained 12% in Monday’s trading session after the company approved a preferential issue of equity shares proportionately to Kamath Associates & NKSquared. Share prices of Nazara Technologies opened at Rs. 770.50 and surged 12% to reach its 52- week high of Rs. 854 levels. In the last one month, the stock returned [...]
This small-cap stock jumps up to 7% after it received a Patent from the government of India on Monday. This stock delivered 64% returns in one year to the investors. Currently, stocks are trading 3.7% below the 52-week high and above the 50-day and 200-day moving averages. Shakti Pumps (India) Ltd Shakti Pumps (India) Ltd [...]
The shares of Asia's largest producer of primary aluminum rose 4 percent to Rs 492.30 a share after the company signed an agreement to acquire a 26 percent stake in a renewable energy company. At 1:55 p.m., On the National Stock Exchange, Hindalco Industries Ltd shares were trading at Rs 489.10 per share, up Rs [...]
This large cap stock gained nearly 1% and still managed to reach its 52- week high in the first half of Monday’s trading session. Recently, the company signed an agreement with Chalet Hotels Limited. Share prices of Tata Power opened at Rs. 257.95 per share and traded nearly 1% higher to reach its 52- week [...]
This penny stock surged 5% on Monday’s morning after it received an order worth Rs. 36.35 from Gujarat Energy Transmission Corporation Limited. Share prices of HEC Infra opened at Rs. 46.75 and traded 5% higher to reach its intra- day high of Rs. 46.90 per share. The stock returned 25.21% in the last month and [...]
On Monday, the shares of one of the largest producers of superalloys for the defence industry soared 6 percent to an all-time high of Rs 435.85 per share after the company supplied critical components for the successful launch of India's first solar mission, Aditya-L1. At 12:30 p.m., Mishra Dhatu Nigam Ltd (MIDHANI) shares were trading [...]
A transaction containing at least 0.5% of the total number of a company's listed shares is referred to as a bulk deal. On Monday this large-cap banking stock jumps upto 4% after a bulk deal. This stock has delivered 90% returns in one year to the investors and it's currently trading above the 50-day and [...]
Shares of a company in ace investor Vijay Kedia’s portfolio have reached a record high of ₹ 935.00 apiece on the bourses and the company has crossed a market capitalisation of ₹ 10,000 crores. At 12:12 PM, its shares were trading at ₹ 929.95 apiece. Elecon Engineering Company’s share price crossed the ₹ 10,000 crore [...]
Price to book value is known as one of the valuation metrics to understand and analyse a stock on the basis of its increasing or decreasing value. In simple terms, it is a comparison of a share’s market price to the company’s book value of equity. Investing in a company with a price to book [...]
India's automobile sector is the largest, accounting for around 2.3 percent of the Indian GDP. As India is the world's third-largest steel producer, car component makers benefit from lower costs. According to ACMA, the automobile industry's entire turnover would increase by 10-15 percent in FY24. The automotive components industry grew by 23 percent in FY22 [...]
