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 [...]
Shares of this fintech company primarily engaged in providing digital payment services and financial solutions surged over 12 percent on Wednesday morning trade after receiving NPCI approval to onboard new UPI users. Price Movement In Wednesday's trading session, share price of One 97 Communications Ltd (OCL), parent company of Paytm, reached an intraday high of [...]
The shares of the leading modernization engineering company gained up to 4 percent after the company bagged a multiyear contract from a Fortune 500 manufacturing company. With a market capitalization of Rs 17,021.79 crore, the shares of Sonata Software Ltd were trading at Rs 607.00 per share, increasing around 3 percent as compared to the [...]
Ambani Group stock active in the energy sector, development of infrastructure projects and interests in defence manufacturing hit a 5 percent upper circuit in the day’s trade following plans of setting up Dhirubhai Ambani Defence City with an investment of Rs. 10,000 Crores. Price Action With a market capitalization of Rs. 10,574 Crores, the shares [...]
During Wednesday’s trading session, the shares of a company engaged in electricity, transmission, distribution and substation surged nearly 5 percent to Rs. 31.9 on BSE, after the company announced receiving an order worth Rs. 450 crores from Adani Energy Solutions Limited. With a market cap of Rs. 2,769 crores, at 12:00 p.m., the shares of [...]
