Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of leading stock exchange BSE. In a regulatory filing last year, BSE said that markets regulator Sebi has approved the appointment of Ramamurthy as its Managing Director & Chief Executive Officer. "Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer [...]
The shares of BF Investment soared 75.34% from December 23, 2022, to January 04, 2023, as its board was mulling the company’s voluntary delisting. They reached a high of ₹ 462.65 apiece. The company’s shares on Thursday, January 05, 2023, hit a 10% lower circuit and were locked at ₹ 412.55 apiece on the National [...]
The shares of Droneacharya Aerial Innovations, a company that had a dream debut on the D-Street have gained 5% to hit the upper circuit for the 10th day in a row. Its shares were locked at ₹ 165.95 apiece on the Bombay Stock Exchange (BSE). The SME company got listed on the BSE SME exchange [...]
The shares of Prestige Estates Projects Limited were trading 1 percent higher at Rs 471 levels in the early hours of Thursday. In the last six months, the stock has zoomed by approximately 18 percent. Prestige Group has firmly established itself as one of the leading and most successful developers of real estate in India. [...]
Microsoft Chairman and CEO Satya Nadella, who is on a four-day visit to India, met Prime Minister Narendra Modi, and pledged the company's support in helping the country realise the Digital India vision. The Microsoft top honcho described his meeting with the PM as "insightful", and lauded the government's deep focus on sustainable and inclusive [...]
The shares of the tyre manufacturer, TVS Srichakra Limited, opened at Rs 3,250 levels and gained as much as 10 per cent in the early hours to reach a new 52-week high of Rs 3,644. The stock rallied Automotive Tyre Manufacturers Association said that the tyre industry is set to boom in the coming years. [...]
The shares of Engineers India Ltd gained 7.73% on Thursday’s early trades to reach an intraday high of ₹ 85.00 apiece on the National Stock Exchange (NSE). Its shares were trading at ₹ 84.40 apiece at 11:33 AM on Thursday. It was one of the biggest gainers in the ‘A’ Group after volumes jumped at [...]
The shares of Bajaj Finance Limited opened at Rs 6,490 and tumbled by more than 7 percent to reach an intra-day low of Rs 6,025.05. The shares tanked despite the company marking the highest loans booked in a quarter at 7.8 MM compared to 7.4 MM in Q3 FY22. The company’s assets under management grew [...]
The Association of Mutual Funds in India (AMFI) releases a semi-annual categorization of stocks based on market capitalization. The list released in January 2023 considers data from July 2022 to December 2022. According to the Securities and Exchange Board of India’s (SEBI) circular in October 2017, listed stocks must be strictly categorised into baskets with [...]
Investing in small-cap stocks has an inherent nature of being volatile and involves high risk. However, they generally tend to have a significant upside growth potential in a shorter time frame as the smaller companies have high growth potential. Here are 5 small-cap stocks that delivered a multibagger return in the year 2022: Baroda Rayon [...]
