During Thursday’s trading session, the shares of India’s largest manufacturer and exporter of auto components surged by 0.3 percent to Rs. 1,479.4 on BSE, after entering into a definitive agreement to acquire AAM India Manufacturing Corporation Private Limited for Rs. 544.53 crores. With a market cap of Rs. 68,496 crores, the shares of Bharat Forge [...]
Fundamental analysis evaluates a company's intrinsic value by scrutinizing financial statements, economic indicators, and qualitative factors. It is a critical tool for value investors aiming to identify undervalued stocks with potential for long-term gains. Utilizing resources such as Everix Edge can enhance your analysis and decision-making. By focusing on financial health, growth potential, and qualitative [...]
Shares of this small-cap company in the chloro-vinyl and agribusiness sectors surged over 3.5% after commissioning a 300 TPD multi-fuel Flaker plant at Jhagadia, Gujarat. Share price variations: With a market capitalization of Rs. 17,500.62 crores, DCM Shriram Ltd. rose to an intraday high of Rs. 1,154.90 representing a 3.5 percent increase from its previous [...]
The chemical industry is currently grappling with several challenges, including volatile raw material prices and supply chain disruptions exacerbated by geopolitical tensions and the pandemic. Additionally, increased competition from China and weaker demand in key segments have contributed to the negative outlook. Here are two chemical stocks that are downgraded by brokerages: Deepak Nitrite Ltd [...]
IT stock engaged in the designing, and developing computer software and providing data processing services, and many more jumped upto 4 percent in the day’s trade following the announcement for a split of equity shares in the ratio of 1:2. Price Action With a market capitalization of Rs. 3,559 Crores, the shares of Blue Cloud [...]
Dynamic Works, the developer of the award-winning CRM platform Syntellicore, has announced a powerful new integration with Brokeree Solutions' Prop Pulse, an advanced account management system for proprietary trading firms. The integration automates plan selection, payments, trading account creation, etc., so traders can focus on their strategies without concerns over delays or manual errors. It allows traders [...]
Muinmos and Brokeree Solutions have partnered to offer innovative solutions to regulated brokers. This collaboration combines Muinmos' regulatory expertise with Brokeree's account-management technology Prop Pulse, creating a seamless and compliant environment for prop trading. Proprietary trading, or prop trading, has surged in popularity as traders leverage firm capital to capture market opportunities. This approach attracts individuals offering [...]
The Shares of this third-largest ethnic snacks company in India rose over 2 percent after making a strategic investment of Rs. 131.01 crores to acquire a 53.02 percent stake in Hazelnut Factory Food Products Pvt Ltd. Share price variations: With a market capitalization of Rs. 22,605.76 crores, Bikaji Foods International Ltd. rose to an intraday [...]
Charitable giving is a cornerstone of philanthropy, enabling individuals to support causes they care about and drive positive change in society. Financial advisors play a crucial role in guiding clients through the complexities of charitable donations, helping them align their philanthropic goals with their financial strategies. For those seeking expert advice on optimizing their investment [...]
The shares of the leading manufacturer gained up to 8 percent after Morgan Stanly, an FII bought 7.63 lakh equity shares in the company via NSE Bulk deal. With a market capitalization of Rs 15,908.34 crore, the shares of Titagarh Rail Systems Ltd were trading at Rs 1,182.20 per share, increasing around 4.39 percent as [...]
EV Stock engaged in the business of providing end-to-end solutions for the manufacturing, procurement, and distribution of advanced EV Chargers, solar systems, and many more jumped 3 percent in the day’s trade following strategic partnership with UK-based Ensmart Power to expand and enhance its EV Charger operations. Price Action With a market capitalization of Rs. [...]
A prominent real estate stock with a strong foothold in the Pune residential market surged by nearly 14 percent, driven by a 16 percent year-on-year increase in collections and a 22% growth in pre-sales during Q2 FY25. Share price variations: With a market capitalization of Rs. 3,317.59 crores, Kolte Patil Developers Ltd. rose to an [...]
Shares of India’s leading ratings agency jumped 8 percent following the release of strong Q2 FY25 results and the announcement of an interim dividend on October 16. Additionally, the company plans to restructure its Australian subsidiaries. Share Price Movement The share price of CRISIL Ltd surged 8.3 percent to an intra-day high of Rs.5,180.00 per [...]
Tata Group stock generation, transmission, distribution of electricity, manufacturing solar roofs, developing EV charging stations, and many more, in focus upon receiving a Letter of Intent from Rec to develop a special purpose transmission project. Price Action With a market capitalization of Rs. 1,44,748 Crores, the shares of Tata Power Company Limited were trading at [...]
Shares of this micro-cap stock dealing in finance and real estate business, hit the 10 percent upper circuit limit in the day’s trade following the announcement of the stock split of equity shares of the company in the ratio 1:5. Stock price movement In Thursday's trading session, Sellwin Traders Ltd's stock reached a 10 percent [...]
Investing based on a company's order book helps identify firms with strong growth potential. The order book reflects unfulfilled contracts, serving as a future revenue indicator. A high order book/TTM revenue ratio suggests substantial growth, but execution efficiency and profitability are key. Investors should also consider management's revenue and margin guidance to assess whether future [...]
The shares of the railway infrastructure developer gained up to 7 percent after the company bagged a prestigious order from Maharashtra Metro Rail Corporation Limited worth Rs 270 crore. With a market capitalization of Rs 1.03 lakh crore, the shares of Rail Vikas Nigam Ltd were trading at Rs 494.25 per share, increasing around 3.08 [...]
The share price of this company, which specializes in manufacturing lead, alloys, and plastic additives, hit a 5 percent upper price band after reporting a remarkable 168 percent YoY increase in net profits and strong revenue growth in its recent quarterly results. Share Price Movement The share price of Pondy Oxides and Chemicals Limited hit [...]
During Thursday’s trading session, the shares of this micro-cap company engaged in the marketing and distribution of steel products surged 3.3 percent to Rs. 52.93 on BSE, after the company announced securing an order worth Rs. 2.75 crores from Coca Cola India Private Limited. With a market cap of Rs. 129.1 crores, at 11:12 am., [...]
Green Energy stock engaged in providing a wide range of solar energy solutions such as floating solar panels, solar rooftops, hydrogen electrolyzers, and many more jumped upto 6 percent in the day’s trade upon receiving a new work order from MSEDCL for a consideration of Rs. 375 Crores. Price Action With a market capitalization of [...]
