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Trending News

Stock backed by Govt. of Singapore jumps 4% after receiving approval for ₹12,000 Cr Residential Project

A real estate stock backed by the Government of Singapore experienced a 5% surge in trading on Tuesday following the announcement of a significant project approval. The company secured the Real Estate Regulatory Authority (RERA) approval for a new development project with an estimated Gross Development Value (GDV) of Rs.9,000 crore.  Price Movement During Wednesday’s [...]

Textile stock skyrockets 13% after company’s net profit increases by 52% YoY

The shares of the textile company, one of the largest women's bottom-wear brands in India, jumped up to 13 percent after announcing its Q4 results, which showed a 52 percent year-on-year (YoY) increase in profit. Price action With a market capitalization of Rs. 4,255.91 crores on Wednesday, the shares of Go Fashion (India) Ltd jumped [...]

Fertilizer stock jumps after reporting 253% YoY increase in net profits

During Wednesday’s trading session, the shares of India’s leading agri-solutions provider offering diverse products and services across the farming value chain are in focus on the stock exchanges, after reporting Q4 FY25 financial results with a rise in net profit by around 14 percent QoQ and 253 percent YoY. Price Movements With a market capitalisation [...]

EV stock crashes after announcing its Q4 results

During Wednesday’s trading session, the shares of a company primarily engaged in the manufacturing of storage batteries moved down by nearly 5 percent on BSE, after the company reported financial results for Q4 FY25. Price Movements With a market capitalisation of Rs. 30,022 crores, at 03:17 p.m., the shares of Exide Industries Limited were trading [...]

Solar stock jumps 6% after receiving order worth ₹50 Cr for solar power plant

During Wednesday’s trading session, the price of a solar equipment manufacturing company surged up to 6% intraday after securing an order worth 50.52 crore from Braithwaite & CO. Limited Price movement With a market capitalization of Rs. 414.5 crores, on Wednesday, the shares of GP Eco Solutions India Ltd were trading up by close to [...]

Auto ancillaries stock in focus after company to invest ₹423 Cr for EV Powertrain Project

The share of the Auto Ancillaries - Electrical company recovered 3 percent from its day low after announcing a joint venture manufacturing of High Voltage EV powertrain products. Price Movements With the market capitalization of Rs 51,680 Crores, the share of Uno Minda Ltd is up by 0.99 percent compared to the previous close of [...]

When will Nifty 50 hit 25,000 and Bank Nifty break 56,000? Here’s everything you need to know

The Indian stock market has experienced a significant rally recently, with the Nifty 50 and Bank Nifty showing considerable consolidation now. As global and domestic market conditions continue to evolve, investors and traders are left wondering whether the Nifty 50 can climb above 25,000 and if the Bank Nifty can surpass 56,000 during this sideways [...]

3 Stocks that are major players in the auto ancillary sector to keep on your radar

​The Indian auto ancillary sector is integral to the country's automotive industry as well as to overseas Original Equipment Manufacturing (OEM) companies. This comprises numerous companies supplying components and services to vehicle manufacturers which plays a significant role in the supply chain. ​Certain companies can maintain their competitive advantage over others through operational efficiencies, product [...]

Stocks to Watch: TVS Motors, and 4 other stocks that will trade Ex-Dividend next week

Dividends represent a portion of a company's profits distributed to its shareholders as a reward for their investment. These regular payments provide investors with a steady income stream and signal a company's financial health and stability. Understanding dividend policies and trends is crucial for investors seeking income and long-term wealth accumulation.  Here are the five [...]

Hidden Gem: Infra stock with orderbook 180% of its market cap

This microcap stock is a market leader that enjoys a clear leadership with 30-35 percent share in Indian highway maintenance. The company’s strong order book stands at 1.8 times or 81 percent higher than the market capitalization. Stock Performance Markolines Pavement Technologies rose over 6 percent in Friday’s trading session and made a high of [...]

Blinkit vs Instamart: Who is dominating India’s quick commerce industry?

India's quick commerce industry is witnessing fierce competition between Zomato’s Blinkit and Swiggy’s Instamart, two of the leading players in the 10-minute grocery delivery segment. As consumer demand for instant delivery grows, both companies are aggressively expanding their operations, optimizing their dark store networks, and diversifying their product offerings.  Through strategic expansions, diversified product offerings, [...]

Transformer stock with ₹700 Cr orderbook set to benefit from India’s rising power demand

This Transformer stock, deals in the business of power manufacturing and distribution transformers, various special application transformers, mobile substation transformers, and substations with an order book of ~Rs. 700 Crore to benefit from India's increasing power demand. Share Price Movement  In Friday’s trading session, Indo Tech Transformers' share price was up by 2.05 percent and [...]

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News Alert

NEWSALERT

Against collection of Rs 5.63 lakh cr from GST compensation cess from 2017-18 to 2022-23, total utilisation is Rs 6.01 lakh cr: FM. PTI RSN NKD MJH ANZ BAL

NEWSALERT

Against collection of Rs 3.77 lakh cr from health, education cess from 2013-14 to 2022-23, utilisation is Rs 3.94 lakh cr: FM. PTI RSN NKD MJH ANZ BAL BAL

NEWSALERT

Rs 8.35 lakh cr devolved to states from central taxes in current fiscal, higher than revised estimate of Rs 7.45 lakh cr for FY22: FM. PTI RSN NKD MJH ANZ BAL BAL BAL

IPO Alert

Hariom Pipe Industries gets Sebi’s go ahead to raise funds via IPO

New Delhi, Jan 31 (PTI) Hariom Pipe Industries has received capital markets regulator Sebi's go ahead to raise Rs 100-120 crore through an initial public offering.     The public issue comprises sale of 85 lakh equity shares of the company, the Draft Red Herring Prospectus (DRHP) filed with Sebi showed.         [...]

AGS Transact Technologies shares tank over 8% in debut trade

Shares of payment solutions provider AGS Transact Technologies Ltd on Monday made a flat market debut and settled over 8 per cent lower against the issue price of Rs 175. The stock made its debut at Rs 176, registering a marginal gain of 0.57 per cent from the issue price on BSE. It hit a [...]

IPO boom: 75 cos mobilise Rs 89,066 cr via public debuts in Apr-Nov 2021

New Delhi, Jan 31 (PTI) The primary market has seen hectic fundraising activity in April-November 2021, with 75 companies garnering Rs 89,066 crore through their IPOs, much higher than in any year in the last decade, Economic Survey showed on Monday. Moreover, a flurry of technology startups made their public debuts during the period. In [...]

AGS Transact Technologies shares list on flat note

New Delhi, Jan 31 (PTI) Shares of payment solutions provider AGS Transact Technologies Ltd on Monday made a flat market debut, listing at Rs 176 on the BSE, against the issue price of Rs 175. The stock made its debut at Rs 176, registering a marginal gain of 0.57 per cent from the issue price [...]

Govt extends tenure of IPO-bound LIC’s chairman for 1 year

New Delhi, Jan 30 (PTI) The government has extended the tenure of chairman of IPO-bound Life Insurance Corporation (LIC) by one more year with a view to facilitating smooth listing of the insurance behemoth, sources said. Besides, the government has also extended the tenure of one of the managing directors, Raj Kumar, for one year. [...]

Top Editor’s Pick

Stocks to Buy: 6 Stocks to buy for an upside of 40% 

The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40.  In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]

₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years 

During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE.  With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]

Stocks to Buy: 6 Stocks to buy now for an upside of 50% 

The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25.  In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]

₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years

According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world.  With [...]

Stocks that may get affected by Israel-Iran war

India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals.  However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
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Oct 12, 2024

₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years

Editor's Pick, News

According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world.  With [...]

Oct 12, 2024

Latest Market News

Pharma stock jumps 3.3% after company’s board approves 2:1 bonus issue  

In Friday’s trading session, the shares of a company engaged in manufacturing pharmaceutical products surged by 5 percent to reach a new 52-week high of Rs. 68.4. This increase followed the company’s Board approval of a 2:1 bonus issue and a Rs. 50 crore fundraise.  With a market capitalisation of Rs. 74.02 crores, at 12:53 [...]

2 Stocks in focus after receiving orders of up to ₹ 28.50 Cr

On Friday’s trading session, Indian stock market benchmarks, the Sensex and the Nifty 50, each plunged 1 percent in early trade due to an across-the-board selloff amid weak global cues.  The Nifty 50 opened at 24,789, compared to its previous close of 25,010.90, and quickly declined 1 percent to 24,751.10. Similarly, the Sensex opened at [...]

Smallcap stock jumps 3% after company’s net profit increases by 107% YoY 

In Friday’s trading session, the shares of a leading real estate player surged by 3.3 percent to hit a new 52-week high at Rs. 748, after reporting financial results for Q1 FY24-25 with a rise in the net profit of 54.8 percent QoQ and 107.4 percent YoY.  With a market capitalisation of Rs. 3,216.8 crore, [...]

Smallcap stock jumps 5% after company reports 23.2% YoY increase in net profits

This leading chemical manufacturing company saw its shares rise by 5.5  percent to an intraday high of Rs 1,649 apiece from its previous close after the firm's net profits grew by 23.2 percent as of Q1FY25. The shares of Clean Science & Technology Limited generated an overall return of 25 percent over the past year [...]

2 Tata group stocks underperform in 2024; Should you hold or sell?

TATA Group is one of India's largest conglomerates, comprising 30 companies across ten verticals. The group operates in over 100 countries across six continents.  Tata Sons is the primary investment holding company and promoter of Tata Companies. The group's presence spans a diverse array of sectors. As of March 31, 2024, 26 Tata companies are [...]

Ashish Kacholia stock in focus after SBI Mutual Fund buys stake in the company

Chemical stock which is one of the leading research and development-driven manufacturers of Advanced Pharmaceutical Intermediates and specialty chemicals in focus after SBI Mutual Fund picks a stake in it.  Price Action  With a market capitalization of Rs. 5,522 Crores, the shares of Ami Organics Limited were trading at Rs. 1,356 per equity share, up [...]

Large cap stock jumps 18.6% after receiving buy call for an upside of 35%; Do you hold it?

India's food aggregator industry, worth $4.66 billion in 2020, is projected to grow at a 12.2% CAGR from 2021 to 2027. The sector thrives on urbanization, smartphone penetration, and rising online food ordering, with millions of monthly active users.  With a market capitalization of Rs 2.38 lakh crore, the shares of Zomato Ltd were trading [...]

Waste management stocks with high piotroski score; Are you holding any?

The Piotroski score, which ranges from zero to nine, evaluates a company's financial health based on nine factors. To identify the best-value companies, the Piotroski score is employed, with nine being the best and zero representing the worst.  Here are the 3 stocks with a high Piotroski Score of up to 7.  Va Tech Wabag [...]

Small cap stocks with high dividend yield of up to 33% to add to your watchlist

Investors are attracted to high dividend offering stocks as they assure them a tax-free income on hand, and investors invest in those stocks to gain only dividend yield based on their investments.  Dividend payments made by a company could be considered taken as a sign of stability and potential growth, which can attract investors and [...]

Auto stock under ₹ 250 announces growth guidance and capex for EVs; Receives target with 20% upside

The company manufactures and sells commercial vehicles, including buses, trucks, engines for industrial and marine applications, forgings, and castings. Management aims to expand the product line and enter new markets, leveraging expertise in high-quality manufacturing to drive sustainable growth and profitability.  Ashok Leyland Ltd.  Ashok Leyland is the second-largest manufacturer of commercial vehicles in India [...]

Large cap stock jumps 4% after its net profits increased by 12,550% YoY

The shares of this leading food delivery company surged around 4 percent to an intraday high of Rs 238 apiece from its previous close after its net profits surged by 12,550 percent standing at Rs 253 crores as of Q1FY25. The stocks of Zomato Limited generated a multi-bagger return of 180 percent over the last [...]

Realty stock jumps after announces 1:1 bonus issue

Shares of the large-cap company engaged in the operation & management of malls, and construction of commercial & residential properties jumped to an intraday high of  Rs 3,603 apiece following a 1:1 bonus share announcement and a 3.4 percent increase in net profits as of Q1FY25. With the market capitalization of Phoenix Mills Limited standing [...]

Small cap stock jumps 4% after receiving order from DG Armed Forces Medical Service

The shares of this company involved in the business of Electronics & Instrumentation (E&T) and Telemedicine saw its shares rise by 4 percent to an intra-day high of Rs 154 apiece from its previous close after the firm received an order worth over Rs 76 lakhs from DG Armed Forces Medical Service for the delivery [...]

FinTech stock jumps 7% after entering into solar panels and battery business 

In Thursday’s trading session, the shares of a leading fintech company surged by 7.6 percent to Rs. 217.3 on NSE, after the company’s Board approved the proposal of entering into certain new businesses including solar panels and battery segments.  At 02:22 p.m., the shares of MOS Utility Limited were trading in the green at Rs. [...]

Power stock hits 5% upper circuit after receiving work order worth ₹ 60.42 Cr

Power stock engaged in the business of providing EPC services for the Erection and installation of Power Distribution, Transmission, and industrial projects and Maintenance of Power Stations hits 5 percent upper circuit in the day’s trade upon receiving new work orders worth Rs. 60.42 Crores.  Price action  With a market capitalization of Rs. 517 Crores, [...]

Stock under ₹ 200 jumps after Black Rock bought 92,612 shares in the company

In Thursday’s trading session, the shares of a company engaged in the production and marketing of pharmaceutical products surged by 1% to Rs. 155.44 on NSE, after Black Rock Financial Services Pvt. Ltd. bought stake in the company through an open market transaction on NSE.  At 12:05 p.m., the shares of Vaishali Pharma Limited were [...]

Defence stock jumps after receiving license to manufacture various defence products 

The shares of the leading forging company gained up to 2 percent after the company’s subsidiary has been granted a defence license for the manufacture of various defence products.  Bharat Forge Ltd has a market capitalization of Rs 79,477.32 crore, the shares were trading at Rs 1,705.00 per share, decreasing around 1.68 percent as compared [...]

Stock jumps 8% after company reports 43% YoY increase in net profit

Auto Ancillary stock engaged in manufacturing, marketing and selling of driver information systems, connected vehicle solutions, automobile components and many more jumped 8 percent in the day’s trade upon declaring its Q1FY25 results with a 43 percent jump in Net Profits.  Price action  With a market capitalization of Rs. 6,162 Crores, the shares of Pricol [...]

EV stock jumps 3% after it collaborates with Ather Energy for lithium-ion cells

In Thursday’s trading session, the share price of this leading EV stock rose nearly 3%, reaching Rs1,667.5 from its previous close of Rs1,625.35.  This increase was driven by the announcement of a strategic collaboration between Amara Raja Energy & Mobility Ltd. and Ather Energy to develop lithium-ion cells for electric vehicles.  What is the news  [...]

Steel stock jumps 9% after company’s net profit increases by 53% YoY

The shares of the largest stainless steel wire manufacturer gained up to 9 percent after the company’s net profit and revenue increased by 53 percent and 23 percent YoY, respectively in Q1FY25.  With a market capitalization of Rs 5,856.76 crore, the shares of Bansal Wire Industries Ltd were trading at Rs 373.50 per share, increasing [...]

Stock under ₹ 100 hits 5% upper circuit after receiving order from Assam Power Distribution

The shares of this microcap company locked a 5 percent upper circuit in Thursday’s trading session after receiving an order from Assam Power Distribution company worth over Rs. 10.81 crores.  Price Movement:  With a market capitalization of Rs. 77.1 crores, the shares of We Win Ltd started Thursday’s trading session on a higher note at [...]

Stock jumps 4% after company sets up new plant in Visakhapatnam for capacity expansion

The shares of this steel and iron manufacturing company jumped by 4 percent to an intraday high of Rs 644.50 apiece, from its previous close after the company opened a new plant at its Visakhapatnam facility with an investment of Rs 10 crores. Share price movement: With the market capitalization of IFGL Refractories Limited standing [...]

Market leader stock jumps 10% after Abu Dhabi Investment Authority buys stake in it 

Market Leader stock engaged in providing Security, Facility management & Cash Logistics solutions jumped 10 percent in the day’s trade after Foreign Institutional Investor Abu Dhabi Investment Authority purchased stake in the company.  Price action  With a market capitalization of Rs. 6,335 Crores, the shares of SIS Limited were trading at Rs. 439.55 per equity [...]

Mukul Agrawal stock jumps after it reports 81% YoY increase in net profits

In Thursday’s trading session, the shares of a data and software platform for the private markets globally surged by 2.4 percent to Rs. 101.78, after reporting financial results for Q1 FY24-25 with a rise in the net profit by 81.4 percent YoY.  With a market capitalisation of Rs. 1,029.3 crores, the shares of Tracxn Technologies [...]

Cement stock falls 14% after company to delist from NSE

The shares of this leading cement manufacturer fell by nearly 14% after the company's board announced plans to delist from the stock exchange by merging with its parent company.  With a market capitalization of Rs 2,118 crore. On Thursday, Udaipur Cement Works Ltd shares were trading at Rs 37.80 per share, down 13.22 percent from [...]

Realty stock hits upper circuit after it declares 100:1 stock split

The shares of this microcap company are set to be in focus after the board declares a stock split in the ratio 100:1. The shares have delivered more than 300 percent returns to its shareholders in just one year.  Price Movement:  With a market capitalization of Rs. 131 crores, the shares of Jamshri Realty Ltd [...]

Pharma stock jumps after company announces 10:1 stock split

Share price of this micro-cap pharmaceutical company rose by more than 2 percent following the approval of the Board of Directors for a stock split in the ratio 10:1.  Price movement  In Thursday’s trading session, the share price of Aayush Wellness Ltd. reached an intra-day high of Rs.298.65 per share gaining more than 2 percent [...]

Smallcap stock jumps after company signs MOU to acquire 55 acres of industrial land

The shares of the leading automotive component manufacturers gained up to 2 percent after the company signed a Memorandum of Understanding for the acquisition of 55 acres of industrial land with an investment of Rs 2,100 crore.  With a market capitalization of Rs 7,775.76 crore, the shares of Sansera Engineering Ltd were trading at Rs [...]

Pharma stock jumps 8% after company’s net profits increases by 25,660% YoY

The shares of this pharma company rose nearly 8 percent after reporting a remarkable increase of 25,660 percent year-on-year in net profits.  Share Price Variation  In Thursday’s trading session, at around 10.30 am the share price of Aster DM Healthcare Ltd. reached an intra-day high of Rs.373.35 per share from its previous close of Rs.346.95 [...]

Penny stock jumps 8% after reporting 570% YoY increase in net profits

The shares of this microcap company surged around 8 percent in Thursday’s trading session after reporting an increase in net profits by 570 percent YoY. The stock has delivered more than a 30 percent return to its shareholders in one year.  Price Movement:  With a market capitalization of Rs. 718 crores, the shares of Vikas [...]

Dolly Khanna stock hits 20% upper circuit after its net profits increases by 261% YoY

Dolly Khanna Stock engaged in the business of exploration and production of Oil & Gas hit a 20 percent upper circuit in the day’s trade upon declaring its Q1FY25 results with a 261 percent jump in Net Profits  Price action  With a market capitalization of Rs. 1,393 Crores, the shares of Selan Exploration Technology Limited [...]

Multibagger stock hits 5% upper circuit after its net profit increases 376% YoY

In Thursday’s trading session, the shares of a leading player in the power transmission and distribution business hit a 5% upper circuit at Rs. 1,648.9, after reporting financial results for Q1 FY24-25 with a rise in the net profit by 103 percent QoQ and 376.4 percent YoY.  With a market capitalisation of Rs. 42,219.5 crore, [...]

Stock under ₹ 50 hits 20% upper circuit after it announces 4:1 bonus issue

The shares of the company, which operates in the FMCG sector, surged to a 20% upper limit after the board approved a bonus issue in a 4:1 ratio.  On Thursday’s trade, Goel Food Products Ltd shares hit a 20% upper circuit, reaching a 52-week high price of ₹49.32 apiece on the Stock Exchange. The company [...]

Smallcap stock in focus after receiving order worth ₹ 53.61 Cr for mining equipment

The shares of this small-cap stock traded flat despite the company received a new work order for the Manufacturing and Supply of Coal Mining Equipment worth Rs 53.61 crore.  With a market capitalization of Rs 1,868.96 crore, the shares of Eimco Elecon (India) Ltd were trading at Rs 3,240.00 per share, decreasing around 0.34 percent [...]

Stock with low debt and profit CAGR of 129% sets growth guidance and expansion for FY25

The company is one of India’s largest CNC machine tool manufacturers, offering a diverse range of products including Turning Centres, Turn-Mill Centers, Vertical Machining Centers (VMC), Horizontal Machining Centers (HMC), 5 Axis Machining Centers, Multi-tasking Machining Centers, along with Industry 4.0 and Artificial Intelligence (AI) solutions.  Share Price Movement  Jyoti CNC Automation Ltd. was listed [...]

2 Bank stocks to buy now for an upside of 30%; Do you own any?

The Indian banking sector, comprising 12 public sector banks, 22 private sector banks, and 46 foreign banks, serves over 200 million customers. With total assets exceeding USD 2 trillion and a credit growth rate of 18%, it plays a pivotal role in the nation's economic development and financial inclusion.  Here are the bank stocks with [...]

Anil Ambani stock in which Vanguard bought 2.2% stake in Q1

Anil Ambani is an Indian businessman who serves as the chairman and managing director of the Reliance Group. He had a remarkable business career, marked by both successes and challenges. However, in recent years he has faced significant financial difficulties, resulting in legal battles over debt repayment.  Despite these challenges, Anil Ambani has remained an [...]

F&O traders to be affected by SEBI’s new proposal? Everything retail traders must know

Sebi chief Madhabai Puri Buch said an annual loss of Rs 50,000 - Rs 60,000 crore of household savings through derivatives trading is a macro concern. The same money could get deployed into IPOs, mutual funds, or other productive uses for the Indian economy. The Sebi believes there is excessive speculative trading activity taking place [...]

2 Fertiliser stocks in focus after CCI approves merger; Do you own any?

The share prices of these two fertilizer companies remained in focus after  Competition Commission of India approved a proposed merger and arrangement between them. Share price movements: With a market capitalization of Rs 7,520.41 crores the shares of Paradeep Phosphates Limited (PPL) closed at Rs 92.30 on Wednesday. With a market capitalization of Rs 1,623.66, [...]

IT stock jumps 3% after receiving 2 new patent approvals to improve communication security 

The share price of this leading IT stock surged 3 percent after the United States Patent and Trademark Office (USPTO) granted two new patents to a wholly-owned subsidiary of this IT and communication services company.  Price Movement  In Wednesday’s trading session, Tanla Platforms Ltd.'s share price rose to Rs.991 per share, a 2.5 percent increase [...]

Stocks to Buy: 6 Stocks with potential upside of 50% 

The Benchmark Indices concluded Wednesday's trading session positively, with the Sensex rising by 285.9 points, or nearly 0.35 percent, ending the day at 81,741.34. Meanwhile, the Nifty 50 index increased by about 93.8 points, equivalent to a gain of nearly 0.38 percent, and closed in the green at 24,951.15.  Over the previous five trading sessions, [...]

Smallcap stock jumps 15% after its net profits increased by 468% in Q1

The shares of the leading plywood manufacturer gained up to 15 percent after the company’s net profit and revenue increased by 468 percent and 36 percent YoY, respectively in Q1FY25.  With a market capitalization of Rs 4,390.26 crore, the shares of Greenply Industries Ltd were trading at Rs 354.25 per share, increasing around 9.15 percent [...]

Railway stock falls 8% after company’s PAT decreases by 15.1% in Q1

The shares of this freight wagon manufacturing firm fell around 8 percent to an intraday low of Rs 1,548.95 apiece from its previous close after the profit after tax generated by the firm fell by 15.1 percent as of Q1FY25. Share price movement: With the market capitalization of Titagarh Rail Systems Limited, the stocks of [...]

Smallcap stock jumps 5% after ICICI MF bought 10 Lakh shares in the company

This small-cap firm which falls under the sector of trading saw its shares rise by  5 percent to an intraday high of Rs 590 apiece from its previous close after a prominent Domestic institutional investor bought fresh 10,00,000  equity shares in the firm for a price of Rs 554.97 per share. The shares of PDS [...]

Stock jumps after securing major deal worth $3 Mil from Malaysia’s leading bank

The shares of this smallcap company jumped around 2 percent after securing a major Deal with Malaysia's Leading Bank to Modernize its Corporate Lending Processes. The shares have delivered a multi-bagger return of 195 percent to its shareholders.  Price movement:  With a market capitalization of 9,169 crores, the shares of Aurionpro Solutions Ltd started Wednesday’s [...]

Smallcap stock hits 5% upper circuit after company’s net profit increases by 353% QoQ

The stock of this apparel company soared to a 52-week high and reached a 5 percent upper price band, following a remarkable 353 percent increase in net profit quarter-over-quarter.  Price Movement  In Wednesday’s trading session, V2 Retail Ltd.'s share price soared to a 52-week high of Rs.936.45, up from its previous close of Rs.891.9.  Financial [...]

Large cap stock falls 3% despite reporting 43% YoY net profits; Announces share buyback

In Wednesday’s trading session, the shares of India’s leading provider of passive telecom infrastructure slumped by 3.7 percent to hit a low at Rs. 430.5, after the company’s Board approved share buyback as well as Q1 FY24-25 results.  At 12:06 p.m., the shares of Indus Towers Limited were trading in the red at Rs. 433.6, [...]

Ashish Kacholia stock jumps 3% after company’s net profits increases by 713% YoY 

The shares of this smallcap company jumped around 3 percent in Wednesday’s trading session after reporting an increase in net profits by 713 percent YoY. The stock has delivered a multi-bagger return of 117 percent to its shareholders in one year.  Price movement:  With a market capitalization of Rs. 4,203 crores, the shares of Zaggle [...]

Should you buy Dixon Technologies or book your profits?

In Wednesday’s Early trade, the shares of India’s second-largest mobile phone manufacturer surged nearly 6% reaching an intraday high price of ₹12,699 per share after the company reported net profit growth of 108%.  Dixon Technologies Limited is the largest company engaged in manufacturing products in the consumer durables, lighting, and mobile phone markets in India.  [...]

Auto ancillary stock jumps 12% after receiving an order worth ₹ 204 Cr from Tata Motors

Auto Ancillary stock manufacturing and supplying of sheet metal components, stampings, welded assemblies, modules and many more jumped 12 percent in the day’s trade upon receiving a work order worth Rs. 204 Crores from Tata Motors Limited.  Price Action  With a market capitalization of Rs. 564 Crores, the shares of Autoline Industries Limited were trading [...]

FMCG stock hits 20% upper circuit after reporting 844% YoY increase in net profits

The shares of this consumer FMCG company hit a 52-week high and clinched 20 percent upper circuit after reporting net profit growth of 844 percent year-on-year.  Share Price Movement  In Wednesday’s trading session, the share price of Modi Naturals Ltd. reached a 52-week high of Rs.343.4 per share and hit a 20 percent upper circuit [...]

NBFC stock jumps after mutual fund, Govt of Singapore and others bought stake

Shares of a Housing Finance Company jumped 2% on BSE to Rs. 795.05 on Wednesday, after the Government of Singapore, Aditya Birla Sun Life and others bought stake in the company through open market transaction, bringing the total deal value to nearly Rs. 1,131.8 crore.  At 11:07 a.m., the shares of PNB Housing Finance Limited [...]

Green energy stock hits 5% lower circuit after its net profit decreased by 45% in Q1

The shares of the leading solar panel manufacturer hit 5 percent lower circuit of Rs 1,639.40 apiece after the company’s net profit and revenue decreased 45 percent and 14 percent QoQ respectively in Q1FY25.  With a market capitalization of Rs 17,074.23 per share, the shares of Waaree Renewable Technologies Ltd were trading at Rs 1,639.40 [...]

Tata group stock hits 20% upper circuit after reporting 77% YoY increase in net profits

The shares of this smallcap company locked 20 percent upper circuit in Wednesday's trading session after reporting an increase in net profit by 77 percent YoY. On a YTD basis, the stock has delivered a multibagger return of 102 percent to its shareholders.  Price Movement:  With a market capitalization of Rs. 1,742 crores, the shares [...]

Stock jumps 4% after signing MoU with Fortuna Public Relations to enhance its operations 

Pharma stock engaged in manufacturing, marketing, and distribution of medical products and medical education services to clinics, pharma, medical companies, and others jumped 4 percent in the day’s trade upon entering into an MoU to enhance its products and services  Price Action  With a market capitalization of Rs. 218 Crores, the shares of QMS Medical [...]

EV stock that delivered multibagger returns of 102% in less than 4 months 

The Indian government is aggressively promoting the growth of the electric vehicle (EV) industry in India. As part of this effort, the central government has allocated ₹800 crore to public sector oil marketing companies (PSU OMCs) to establish 7,432 public charging stations across the country.  Additionally, there are plans to enhance bus operations by deploying [...]

Maharatna stock jumps 4.2% after announcing capex plan of ₹ 2.07 Lakh Cr

The shares of this Maharatna firm climbed by 4.2 percent to an intraday high of Rs 356.95 apiece from its previous close after the company announced plans to invest upto Rs 40,000 crores for an undersea connection project with Middle Eastern countries. Share price movement: With a market capitalization of Rs 3,25,195.61 crores, the shares [...]

EV stock under ₹ 100 jumps 7% after receiving approval for EV subsidy from Govt. of India 

The shares of this smallcap stock surged around 7 percent in Tuesday’s trading session after receiving approval for an EV subsidy from the Government of India. In one year, the stock has delivered around 100 percent returns to its shareholders.  Price Movement:  With a market capitalization of Rs. 11,355 crores, the shares of RattanIndia Enterprises [...]

Block Deal: Top 4 stocks in which FII bought stake worth ₹ 284 Cr

Integrated Core Strategies (Asia) Pte. Limited is a private limited company incorporated in Singapore in 2007, operating primarily in the sector of trusts, funds, and similar financial entities, which includes collective portfolio investment funds.  In recent activities, the company has been engaged in various stock transactions, including bulk and block deals in Indian companies, highlighting [...]

Smallcap stocks in which FIIs bought and sold stake via bulk deal

Two Foreign Institutional Investors (FIIs) were active in bulk transactions, both buying and selling stakes in two major Indian cement companies.  A Bulk Deal is a transaction in which a single entity buys or sells a huge amount of a company's shares in a single trade. Bulk deals refer to large-volume stock transactions conducted through [...]

Alcohol stock hits 10% upper circuit after its net profits increased by 285% QoQ

In Tuesday’s trading session, the shares of a micro-cap company hit a 10% upper circuit on BSE at Rs. 19.29, after reporting financial results for Q1 FY24-25 with a rise in the net profit by 285 percent QoQ and 137 percent YoY.  With a market cap of Rs. 617.2 crore, the shares of Comfort Intech [...]

Auto ancillary stock to buy now for an upside of more than 20% 

Shares of a prominent manufacturer of suspension products surged by 2.6 percent on BSE to hit an intraday high at Rs. 141.5 in the trading session of Tuesday, after the stock received a "buy" recommendation by ICICI Direct for an upside of 22 percent.  With a market capitalisation now standing at Rs. 5,549.3 crore, the [...]

Smallcap stock jumps after it announces strong Q1 results and capex of ₹ 350 Cr

The shares of this steel and iron manufacturing company rose nearly 2 percent following the announcement of ₹350 crore in capital expenditure plans and robust financial results.  Share Price Variation  In Tueday’s trading session, the share price of Jai Balaji Industries Ltd. reached an intra-day high of Rs.950 per share from its previous close of [...]

Stock jumps 4% after company sets record date for 1:10 stock split

Multibagger stock engaged in manufacturing, procurement, branding, and distribution of consumer durables like televisions, mobile phones, Smart Wearables, and many more jumped upto 4 percent in the day’s trade upon declaring Record date for the stock split of equity shares in the ratio of 1:10.  Price Action  With a market capitalization of Rs. 630 Crores, [...]

Defence stock falls after its net profits decreases by 54% in Q1

The shares of the aerospace electronics solution fell around 2.3 percent after the company’s net profit and revenue decreased by 54 percent and 43 percent QoQ, respectively in Q1 FY25.  Data Patterns (India) Ltd has a market capitalization of Rs 18,431.04 crore, the shares were trading at Rs 3,287.65 per share, decreasing around 2 percent [...]

Consumer durable stock jumps 4% after company to consider share buyback 

The shares of India's largest manufacturer of cookware, kitchen, and home appliances rose nearly 5% after the company announced that its board will consider a proposal for a share buyback at the upcoming board meeting.  At 12:40 p.m., TTK Prestige Ltd shares were trading at ₹940.55 per share, up 3.94% on the Bombay Stock Exchange [...]

Penny stock hits 10% upper circuit after it reports 577% QoQ increase in net profits

Shares of this leading NBFC stock hit a 10 percent upper circuit, reaching a 52-week high after reporting net profit growth of 576 percent in the June quarter. Over the past three years, the share price has delivered nearly 1000 percent returns.  Price Movement  In Tuesday's trading session, Luharuka Media & Infra Ltd. shares opened [...]

Stock hits 5% upper circuit after company expects revenue growth of ₹ 30 Cr in FY25

In Tuesday's trading session, the shares of a company engaged in manufacturing of sugar candies hit a 5% upper circuit at Rs. 73.32 on the BSE, following the company’s announcement of an expected revenue of up to Rs. 30 crore in FY24-25.  With a market capitalisation of Rs. 65.7 crore, the shares of Sampre Nutritions [...]

Smallcap stock jumps after company signs MoU with NHAI

The shares of this public sector enterprise gained up to 2 percent after the company signed a memorandum of understanding with the National Highways Authority of India (NHAI).  Rites Ltd has a market capitalization of Rs 18,223.29 per share, the shares were trading at Rs 758.35 per share increasing around 0.07 percent as compared to [...]

Pharma stock jumps 8% after it reports 554% QoQ increase in net profits

Small-cap pharma stock reached a 52-week high after reporting an increase in net profit of 554 percent quarterly. The share price has generated returns of more than 114 percent in a year.  Price Movement  In Tuesday's trading session, the share price of Strides Pharma Science Ltd. surged to a 52-week high of Rs.1,120.3 per share, [...]

Infra stock jumps after receiving work orders from Kalpataru Projects and L&T

Multibagger stock engaged in providing engineering, procurement, and construction (EPC) services, operation & maintenance, and many more jumped 2 percent in the day’s trade upon receiving two work orders worth ~Rs. 2.95 Crores.  Price Action  With a market capitalization of Rs. 461 Crores, the shares of RBM Infracon Limited were trading at Rs. 457 per [...]

Jindal group stock jumps 9% after its net profits increased by 70% in Q1 

The shares of the manufacturer of iron and steel pipes gained up to 9 percent after the company’s net profit and revenue increased by 70 percent and 12 percent YoY, respectively in Q1FY25.  With a market capitalization of Rs 20,523.42 crore, the shares of Jindal Saw Limited were trading at Rs 641.85 per share, increasing [...]

Pharma stocks with low PE ratio to add to your watchlist

The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share. A high P/E ratio may suggest that a stock is overvalued, with investors paying more for each unit of earnings growth.  Conversely, a lower P/E ratio compared to market averages or industry peers is generally considered advantageous, as it indicates [...]

Jai Balaji Industries and 4 other stocks in which promoters increased their holding in Q1

When a promoter starts increasing his holding in the company, it is typically viewed positively as it indicates increased confidence from the promoter in the company's performance and future prospects, which can be a reassuring sign for investors.  Listed below are some of the stocks in which the company's promoters have increased their holding in [...]

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