Tata Group stock engaged in designing, developing, and manufacturing high-performance and future-ready products for high-speed communication networks hit a 20 percent upper circuit in the day’s trade upon declaring robust Q2FY25 results with a 255 percent jump in Net Profits. Price Action With a market capitalization of Rs. 23,051 Crores, the shares of Tejas Networks [...]
The shares of this public-sector enterprise gained up to 3 percent after the company received a work order from Andhra Pradesh Power Generation Corporation, worth Rs 53.5 crore. Rites Ltd has a market capitalization of Rs 14,583.92 crore, the shares were trading at Rs 303.45 per share, increasing around 0.18 percent as compared to the [...]
The shares of the leading shipyards company gained up to 6 percent after the company bagged a prestigious work order from the Naval Physical & Oceanographic Laboratory for Rs 491 crore. Garden Reach Shipbuilders & Engineers Ltd has a market capitalization of Rs 20,998.53 crore, the shares were trading at Rs 1,833.10 per share, increasing [...]
The share price of India's leading commodity derivatives exchange rose by 2 percent on Monday following a remarkable 910 percent YoY increase in net profits. This surge was also driven by strong revenue growth reported in its recent quarterly results. Share Price Movement In Monday’s trading session, Multi Commodity Exchange of India Ltd's (MCX India) [...]
The total assets under management (AUM) for the mutual fund industry reached nearly Rs. 67.1 trillion in September 2024, reflecting a 0.6 percent month-on-month increase. This growth was primarily driven by an increase in equity funds, which rose by Rs. 1,074 billion, balanced funds by Rs. 167 billion, and other ETFs by Rs. 159 billion. [...]
The shares of the solar advisory and execution services provider gained 2.3 percent after the company announced a partnership to develop India’s first and largest green steel production facility. With a market capitalization of Rs 3,150.8 crore, the shares of Gensol Engineering Ltd were trading at Rs 829.00 per share, increasing around 0.55 percent as [...]
Are you trying to find the best way to invest your money? Many great options are available in India like Fixed Deposits (FDs) and gold to Unit-Linked Insurance Plans (ULIPs) and mutual funds. This guide will help you choose the right investment based on how much risk you can handle and your financial goals. Here [...]
The auto components and equipment industry in India is a critical sector, contributing 2.3% to the GDP and employing 1.5 million people. With a projected growth rate of 20-23% annually, it aims to reach a market size of $200 billion by 2026, driven by rising domestic demand and exports. With a market capitalization of Rs [...]
Investors anxiously anticipate the second-quarter earnings figures, which are due to be revealed next week. Analysts analyze organizations' financial performance to predict market reactions based on sales, profit, and strategic outlooks. The findings will certainly impact market sentiment and investment decisions in the future. Here are the 5 companies that are set to publish quarterly [...]
India has achieved a major milestone in its renewable energy efforts, with the country’s total renewable energy capacity crossing the 200 GW (gigawatt) mark as of October 2024. The Central Electricity Authority reported that the current renewable energy generation capacity is now at 201.45 GW. When including the 8,180 MW (megawatts) of nuclear capacity, the [...]
The total assets under management (AUM) for the mutual fund industry reached nearly Rs. 67.1 trillion in September 2024, reflecting a 0.6 percent month-on-month increase. This growth was primarily driven by an increase in equity funds, which rose by Rs. 1,074 billion, balanced funds by Rs. 167 billion, and other ETFs by Rs. 159 billion. [...]
The Nomura India Investment Fund Mother Funds is part of the broader set of funds managed by Nomura Asset Management, which is a division of the Nomura Group, a major Japanese financial services company. It typically focuses on investing in Indian equities or companies with significant operations in India, designed to capture the growth potential [...]
Investing in defence shares offers financial growth due to its steady demand, government backing, and long-term contractual commitments. Listed below is a Defence stock which is the Indian government’s prime manufacturer of defence machinery in the Aeronautic segment, that you can add to your watchlist/ portfolio. Mutual funds are investment vehicles that pool money from [...]
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 [...]
PSU stocks are preferred by most of the investors for their safety, strong dividends, potential for value appreciation, and government backing, making them appealing for conservative and income-focused investors. They often dominate key sectors like defence, energy, banking, infrastructure, and others giving tough competition to the private sector along with strong financials, good future plans, [...]
Dividends are a share of a company's profits paid out to shareholders as a reward for their investment. These periodic payments offer investors a consistent income stream and indicate the company's financial health and stability. For investors seeking reliable income and sustained growth, grasping dividend policies and trends is crucial. Here are five stocks that [...]
India's renewable energy sector is experiencing rapid growth, with an installed capacity of over 207 GW as of 2024, marking a 396% increase since 2014. The country aims to achieve 500 GW of non-fossil fuel-based energy by 2030, driven by significant investments and government initiatives to combat climate change and meet rising energy demands. With [...]
The PEG ratio (Price/Earnings to Growth ratio) is a valuation metric that compares a company's P/E ratio to its expected earnings growth rate, helping investors assess whether a stock is overvalued or undervalued. A PEG ratio below 1.0 suggests the stock may be undervalued relative to its growth potential, while a ratio above 1.0 indicates [...]
Ace investors are renowned individuals who have achieved significant success in the stock market through their investment strategies and portfolios. The decisions and portfolio moves of these ace investors can significantly influence stock prices and market sentiment. Listed below are some of the stocks in which Ace Investors have made fresh position in Q2FY25. Jyoti [...]
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, [...]
