Asia’s leading industrial gear manufacturer plunges above 16 percent following a nearly 1 percent year-on-year decrease in net profit for Q2 FY25. Share price variations: With a market capitalization of Rs. 14,069.88 crores, Elecon Engineering Company Ltd. made an intraday low of Rs. 621.00 representing a 16.17 percent decrease from its previous closing price of [...]
The shares of this small-cap real estate company, surged nearly 9 percent after the board approved raising Rs. 225 crores through a preferential issue. Share price variations: With a market capitalization of Rs. 3,079.55 crores, Ajmera Realty & Infra India Ltd. rose to an intraday high of Rs. 874.00 representing an 8.65 percent increase from [...]
Netflix reported improving its product-market fit in APAC(Asia-Pacific), supported by a strong local content lineup in Japan, Korea, Thailand, and India during Q3. This led to a 19 percent year-over-year revenue growth in the APAC region, the highest among all markets. Additionally, the platform added 5.1 million new subscribers. What happened In Q3 2024, Netflix's [...]
As the US prepares for its next election cycle, investors, forex traders, and market analysts are closely observing its potential impact on global stock markets, the forex market, and CFD trading. Historically, US elections have influenced market volatility, sparking changes in investment strategies, particularly in sectors like commodities trading and currency pairs. In this guide, [...]
Pernod Ricard is a leading French company, known as the world's second-largest seller of wine and spirits. It was founded in 1975 through the merger of two significant producers of anise-flavored aperitifs, Pernod and Ricard. The company has since grown to encompass a diverse portfolio of renowned brands and operates on a global scale. What [...]
The government has implemented a temporary 20% cut in the allocation of natural gas to city gas distribution companies for priority segments under the Administrative Price Mechanism (APM), which previously helped gas companies procure gas at a lower cost from government-owned or supported domestic entities. The 20% reduction in APM gas allocation for Compressed Natural [...]
C29 Metals Limited, an Australian minerals exploration company has successfully raised $2.45 million through a fully subscribed placement, with strong demand from sophisticated investors. What Happened The $2.45 million funds will be used for exploration activities at the Ulytau Uranium Project in Kazakhstan, as well as for working capital. This move signifies C29’s strategic focus [...]
During Friday’s trading session, the shares of the leading manufacturer of radio frequency equipment surged 9.4 percent to Rs. 377.05 on NSE, after the company launched new products at the ongoing India Mobile Congress (IMC) 2024, aimed at enhancing connectivity in critical sectors. With a market cap of Rs. 575.8 crores, at 03:07 p.m., the [...]
Smallcap stock engaged in manufacturing quartz-based ramming mass, quartz powder, silica sand, industrial minerals, and many more jumped upto 6 percent in the day’s trade following Q2FY25 results and bonus issue of 1:1. Price Action With a market capitalization of Rs. 3,009 Croress, the shares of Raghav Productivity Enhancers Limited were trading at Rs. 1,312.90 [...]
During Friday’s trading session, the shares of India’s largest Contract Development and Manufacturing Organization (CDMO) surged 2.2 percent to Rs. 935 on BSE, after entering into an MoU with the Government of Republic of Zambia through the Ministry of Health. With a market cap of Rs. 14,322.8 crores, the shares of Akums Drugs and Pharmaceuticals [...]
The shares of the graphite battery products gained up to 8% in today’s trading session after the company receiving the exploitation concession permit for its Nuasvaara South Natural Graphite mine. Talga Group Ltd has a market capitalization of $160.78M, the shares closed at $0.400 per shares increased around 6.66 percent as compared to the previous [...]
The shares of the petrochemical manufacturer gained up to 1.3 percent after the company announced a significant investment of Rs 140 crore to expand its CPVC (Chlorinated Polyvinyl Chloride) production capacity. With a market capitalization of Rs 3,053.38 crore, the shares of DCW LTD. were trading at Rs 103.45 per share, increasing around 0.39 percent [...]
During Friday’s trading session, the shares of one of the leading 3PL and 4PL logistic companies in India surged 3.8 percent to Rs. 151.05 on BSE, after the company got selected as a sole supply chain partner for in-plant logistics & container rake transportation from Tata Steel Limited. With a market cap of Rs. 1,512 [...]
Taiwan Semiconductor Manufacturing Company (TSMC) which is the world's largest and most advanced semiconductor foundry jumped upto 5 percent in the day’s trade upon declaring their robust 3Q24 results with a 54 percent jump in Net Income. Price Action With a market capitalization of 28.14 Trillion TWD, the equity shares of Taiwan Semiconductor Manufacturing Co [...]
Fundamental analysis is a key investment approach that evaluates a company’s intrinsic value based on its financial health, performance metrics, and broader economic factors. A critical aspect of this analysis involves identifying competitive advantages—unique attributes that give a company a superior position in its industry. Understanding these advantages helps investors assess a company's potential for [...]
The shares of the leading IT solution provider fell up to 10 percent after the company’s revenue and net profit sank by 68 percent and 6 percent in Q2FY25, respectively. With a market capitalization of Rs 3,922.35 crore, the shares of Quick Heal Technologies Ltd were trading at Rs 720.35 per share, decreasing around 5.30 [...]
China’s National Bureau of Statistics reported a third-quarter GDP growth of 4.6 percent year-on-year, slightly surpassing the 4.5 percent expected by economists surveyed by Reuters. This growth is less than the second-quarter rate of 4.7 percent year-on-year. On a quarterly basis, the third quarter experienced a 0.9 percent expansion, up from 0.7 percent in the [...]
Masternodes are specialized blockchain nodes that perform additional roles beyond basic transaction processing, such as governance and voting. They play a crucial role in enhancing blockchain functionality by supporting network stability, security, and advanced features like instant transactions and privacy. For those interested in optimizing their investment strategies, exploring options like Stocks Synergy Ai can [...]
Navratna stock engaged in the construction, repair, and refurbishment of warships, Submarines and many more jumped upto 7 percent in the day’s trade following management to consider a split of equity shares of the company. Price Action With a market capitalization of Rs. 89,275 Crores the shares of Mazagon Dock Shipbuilders Limited were trading at [...]
The shares of this chemical-based company fell by 3.2 percent after the company saw a drastic fall in its net profit by 46 percent in Q2 and also Morgan Stanley downgraded by looking at second-quarter performance. With a market capitalization of Rs 26,850.04 crore, the shares of Tata Chemicals Ltd were trading at Rs 1,053.95 [...]
