Over the past year, Indian defense stocks have experienced a remarkable rally, drawing the attention of investors and analysts alike. The sector has seen significant gains, driven by increased government spending on defense and a focus on self-reliance through the "Atmanirbhar Bharat" initiative. This has created optimism around companies involved in defense manufacturing and technology. [...]
The rise of memecoins is undoubtedly one of the most exciting trends in the history of crypto. Although these coins are often cheap, they are backed by fun themes and strong communities. Over the years, they’ve shown incredible potential for rapid growth. This has led to many investors searching for the next crypto to explode, [...]
A stock with a Price-to-Earnings (P/E) ratio lower than the industry average can be beneficial for investors as it often indicates undervaluation, presenting a potential buying opportunity at a bargain price. The price/earnings-to-growth, or PEG ratio is a valuation metric used for stocks and a PEG ratio of under 1 can indicate if a stock [...]
This Microcap stock which deals in the business of specializing in providing co-packing services for MNCs hit a 5 percent upper circuit intraday trade after the company received machinery from Tata Consumer Products worth Rs. 8.9 crores. Price Action With a market capitalization of Rs. 322.35 Crores, the shares of Arunjyoti Bio Ventures Limited were [...]
In Tuesday’s trading session, the shares of one of the leading Pharma stocks specialised in contract development and manufacturing (CDMO) services jumps upto 5 percent following the agreement worth ~Rs. 1,760 with a leading global pharma company. Price action With a market capitalization of 9,411.37 Crores on Tuesday, the shares of Akums Drugs & Pharmaceuticals [...]
The Relative Strength Index (RSI) is a technical indicator used in financial markets to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to assess whether a stock or asset is overbought or oversold. An RSI value above 70 indicates that the asset might be overbought, [...]
The central government plans to offer up to 30 percent subsidies for manufacturing electric ambulances under the PM E-DRIVE scheme to promote local production. The scheme, which has an Rs. 500 crore allocation aims to incentivize early-stage developers. Subsidies will depend on battery capacity and will apply to patient transport, and basic, and advanced life [...]
In Tuesday’s trading session, the shares of one of the leading Textile stocks specialised in the production and supply of a wide range of fabrics jumps upto 3 percent upon receiving new work order worth ~Rs. 5 crores from vendors associated with Arvind Lifestyle Brands Limited and Myntra Designs Private Limited. Price action With a [...]
The shares of this pharmaceutical company gained up to 1.5 percent after the company obtained product approval in South Africa. With a market capitalization of Rs 923.48 crore, the shares of Kwality Pharmaceuticals Ltd were trading at Rs 890.00 per share, increasing around 1.16 percent as compared to the previous closing price of Rs 879.80 [...]
Waste Management stock engaged in providing Waste Management Solutions, Municipal Solid Waste Management services, and many more hits 2 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 70.80 Lakhs to provide waste management services to Dhandhuka Nagarpalika. Price Action With a market capitalization of Rs. 278 Crores, the [...]
Staking is one of the ways that cryptocurrency investors can easily make money, regardless of whether they are in the market or not. When it comes to staking, instead of the traditional mining where coins are supposed to be extracted, investors are required to lock up their cryptocurrencies in wallets to aid in block validation [...]
The shares of the IT-enabled service provider gained up to 7 percent after the company bagged significant contracts to build Power BI dashboards for US-based clients. With a market capitalization of Rs 373.02 crore, the shares of Dev Information Technology Ltd were trading at Rs 165.90 per share, increasing around 4.44 percent as compared to [...]
This Microcap Electric stock which deals in manufacturing a wide range of electric panels was in focus after the company received an order from Technovative Engineers worth Rs. 0.51 crore. Price Action With a market capitalization of Rs. 602.17 Crores, the shares of Shivalic Power Control Limited were down by 0.36 percent in the day’s [...]
E-fashion, especially in the clothing segment, has experienced tremendous growth in India, driven by platforms like Myntra, Amazon, and offline stores like Zudio. Myntra and Amazon dominate the online retail space, offering a wide range of fashion options across various price points. Myntra, with its focus on premium and trendy brands, has solidified its position, [...]
FMCG stock engaged in the business of trading milk, live poultry, fresh meat products, and other FMCG goods hit a 2 percent upper circuit in the day’s trade following the expansion of manufacturing capacity. Price Action With a market capitalization of Rs. 189 Crores, the shares of Healthy Life Agritec Limited hit a 2 percent [...]
The shares of the leading manufacturers of PVC & UPVC gained up to 9 percent after the company bagged three prestigious work orders from domestic clients for Rs 9.76 crore. With a market capitalization of Rs 416.73 crore, the shares of Dhabriya Polywood Ltd were trading at Rs 385.00 per share, increasing around 6 percent [...]
This Microcap Pharma stock which deals in the business of pharma formulations under its own brands, loan license, and contract manufacturing model is in focus after the acquisition of 51% stake approval of Trident Mediquip. Price Action With a market capitalization of 310.48 Crores on Tuesday, the shares of Trident Lifeline Ltd fell by 1.82 [...]
Transformer stock engaged in the business of manufacturing, upgrading, and renovating various types of transformers jumps 3 percent in the day’s trade upon being approved as a vendor for the supply of power and distribution transformers to the Kerala State Electricity Board. Price Action With a market capitalization of Rs. 555 Crores, the shares of [...]
The shares of leading electronics manufacturing services provider gained up to 5 percent after the company signed a definitive agreement with Whirlpool. With a market capitalization of Rs 27,574.74 crore, the shares of PG Electroplast Limited were trading at Rs 975.05 per share, increasing around 2.22 percent as compared to the previous closing price of [...]
The Non-Banking Financial Company (NBFC) sector in India plays a significant role in providing financial services, particularly in underserved markets where traditional banks may not be present. NBFCs offer various financial products, including loans, investments, and insurance, catering to a diverse customer base. With rapid urbanization, digitalization, and increasing demand for credit, the NBFC sector [...]
