The shares of this public-sector enterprise gained up to 1 percent after the company entered a Memorandum of Agreement (MoA) with NMDC Limited. With a market capitalization of Rs 14,185.02 crore, the shares of Rites Ltd were trading at Rs 295.15 per share, increasing around 0.72 percent as compared to the previous closing price of [...]
The shares of the second-largest manufacturer of power transmission towers gained up to 3 percent after the company bagged a prestigious work order of Rs 1,142 crore. With a market capitalization of Rs 24,769.91 crore, the shares of KEC International Ltd were trading at Rs 930.50 per share, increasing around 0.06 percent as compared to [...]
From contract manufacturing to innovation-driven growth, Electronics Manufacturing Services (EMS) has huge potential in India. By FY27, the EMS industry in India is expected to reach around $55 billion, reflecting more than a doubling of revenue from previous years. The Indian EMS market is projected to grow at a compound annual growth rate (CAGR) of [...]
Taking a personal loan can be a great way to manage immediate financial needs, whether it's for home renovation, medical emergencies, or any big-ticket purchase. However, repaying the loan in a planned and structured manner is crucial to avoid any financial stress. One of the most helpful tools for managing loan repayments is an EMI [...]
India is the largest global supplier of generic drugs and the Indian pharmaceutical industry is growing rapidly, projected to reach $65 billion by 2024 and $130 billion by 2030. Growth is driven by increasing R&D investments, government initiatives, and rising domestic healthcare demand. Mutual funds are important during market volatility because they offer diversification, reducing [...]
The Shares of this leading infrastructure development company, rose over 3 percent after being declared a qualified bidder for setting up a tariff-based 185 MW/370 MWh standalone battery energy storage system. Share price variations: With a market capitalization of Rs. 8,798.10 crores, HG Infra Engineering Ltd. rose to an intraday high of Rs. 1,378.50 representing [...]
Finance stocks saw a notable rise, driven by stronger-than-expected Q2 results across the sector. The impressive performance highlights the resilience of financial services companies amid evolving market conditions, with several players reporting robust growth in revenue and profits. Two stocks from the financial sector which reported better Q2 results are: Share price variations: With a [...]
Starbucks tumbled 5.5 percent in premarket trading after issuing preliminary fiscal fourth-quarter results that missed analysts' estimates and suspending guidance for its next fiscal year. Share Price Movement On Wednesday, the Pre-market indicative price of Starbucks Corporation featured a 5.5 percent decrease to $91.70 per share, from its previous close of $96.82 each on Tuesday. [...]
During Wednesday’s trading session, the shares of a leading dairy company offering milk and value-added dairy products hit a 5 percent lower circuit to Rs. 592.35 on BSE, despite reporting Q2 FY25 results with net profit growth by nearly 117 percent YoY. With a market cap of Rs. 5,496.7 crores, the shares of Heritage Foods [...]
According to the business standard, the U.S. telecommunications sector is projected to experience moderate growth in FY24, with an estimated 3.2 million net additions in subscriptions. Revenue from public sector services is expected to reach $5.4 billion, reflecting a 6.1% increase year-over-year, driven by advancements in wireless and 5G technologies. With a market capitalization of [...]
Small Cap stock engaged in providing financial services including Non-Banking Finance Services, Insurance, investment banking, corporate advisory, and many more jumped upto 8 percent in the day’s trade upon declaring robust Q2FY25 results with a 336 percent jump in Net Profits. Price Action With a market capitalization of Rs. 1,092 Crores, the shares of Prime [...]
This small-cap stock, a key player in India's air conditioner OEM/ODM industry, surged nearly 19 percent after posting an 81 percent year-on-year revenue growth for Q2 FY25. Share price variations: With a market capitalization of Rs. 21,584.20 crores, Amber Enterprises India Ltd. rose to an intraday high of Rs. 6,788.30 representing a 19.25 percent increase [...]
Investment forums are a great place to exchange ideas, learn new strategies, and even discover hidden gems in the stock market. However, participating in these forums requires more than just opinions. Writing a compelling discussion post means contributing valuable insights, backed by logic and, when possible, data. While many people aim to create meaningful posts, [...]
During Wednesday’s trading session, the shares of a company engaged in trading software and consultancy services hit a 5 percent circuit to Rs. 670.5 on BSE, after receiving a work order worth Rs. 35.6 crores to supply a power distribution software to MSEDC. With a market cap of Rs. 1,158.5 crores, the shares of Trident [...]
Cable stock engaged in the manufacturing of power infra cables that include LV, HV, MV, Power control & instrumentation cables, and signaling cables, jumped 18 percent in the day’s trade following robust Q2FY25 results with a 173 percent jump in Net Profits. Price Action With a market capitalization of Rs. 1,554 Crores, the shares of [...]
During Wednesday’s trading session, the shares of one of India’s premier financial institutions hit a 5 percent circuit and reached a new 52-week high at Rs. 1,926.65 on BSE, after the company fixed record date for a stock split in a 1:10 ratio. With a market cap of Rs. 2,500.8 crores, the shares of Systematix [...]
In Wednesday's trading session, Nifty 50 shares attracted investor interest following a downgrade by Goldman Sachs. The firm has adopted a cautious outlook on Indian stocks, reducing its rating to 'Neutral' amid concerns regarding growth. Price Movement On Wednesday morning, the Nifty 50 index opened modestly at 24,378.15 before climbing to an intra-day high of [...]
PSU stock engaged in exploration, mining, and mineral processing along with the generation of power jumped upto 14 percent in the day’s trade upon declaring robust Q2FY25 results with a 72 percent jump in Net Profits. Price Action With a market capitalization of Rs. 11,514 Crores, the shares of Gujarat Mineral Development Corporation Limited were [...]
During Wednesday’s trading session, the shares of a leading global IT solutions organisation surged nearly 12.3 percent to hit a new 52-week high at Rs. 7,632.75 on BSE, after the company reported Q2 FY25 financial results with a rise in net profit by 68 percent QoQ and 24 percent YoY. With a market cap of [...]
This small-cap stock is in the business of refining crude oil to produce and supply various petroleum products fell almost 17 percent following a 27.89 percent year-on-year revenue decline for Q2 FY25. Share price variations: With a market capitalization of Rs. 11,675.40 crores, Chennai Petroleum Corporation Ltd. fell to an intraday low of Rs. 752.10 [...]
