One of the effective methods for assessing whether a stock is undervalued or overvalued is by analysing key metrics such as the Price-to-Earnings (P/E) ratio and the industry P/E average. The P/E ratio or Price-to-Earnings ratio compares the current share price to the earnings per share (EPS) of a company, serving as a widely recognized [...]
The Government of India’s Ethanol Blended with Petrol (EBP) Programme targets a 20 percent ethanol blend in petrol by 2025, with nationwide distribution by Oil Marketing Companies (OMCs). To meet the rising demand, the plan includes a major increase in ethanol production capacity to 1,700 crore litres by 2025. Here are three such Ethanol companies [...]
The Indian Benchmark Indices closed flat on Friday and In the last five trading sessions, the Sensex gained by approximately 0.72 percent or 578.40 points, while the Nifty 50 index gained around 0.97 percent or 239.55 points. Dividends are a way for companies to distribute a portion of their earnings back to the shareholders as [...]
The Tata Group is a multinational conglomerate and one of India's largest and oldest industrial groups, with interests spanning various sectors including steel, automotive, information technology, telecommunications, chemicals, hospitality, and many others. It is known for its emphasis on ethical business practices, corporate social responsibility, and a strong commitment to community development. Listed below are [...]
Nuclear energy stocks are expected to foster growth and stock market returns due to the global push for clean energy, technological innovations like small-scale nuclear reactors, and increasing government support, which could drive demand and stability in the sector. These factors, combined with the sector's potential for long-term contracts and stable cash flows, make nuclear [...]
Indian benchmark indices Sensex and Nifty ended Friday's trading session slightly higher. At close, the BSE Sensex was at 81,086.21, up by 33.02 points, or 0.04 percent, while the Nifty 50 was at 24,823.15, up marginally by 11.65 points, or 0.05 percent. Listed below is a large cap stock that has delivered multibagger returns of [...]
These companies typically exhibit lower financial risk, as a debt-to-equity ratio under 1 indicates reduced reliance on debt, enhancing stability. Additionally, their affordable stock prices make it easier for a broader range of investors to enter the growing EV market. Here is a list of a few EV stocks trading below Rs.200 per share and [...]
Pharma stocks prove to be a defensive and resilient investment option for investors due to its constant market demand, high profitability, growth potential and diversification benefits. These stocks are unaffected by economic fluctuations and offer consistent dividends to investors. Here are four such defensive pharma stocks to buy with an upside potential of up to [...]
The shares of the leading forging company gained up to 1.2 percent after the company announced an equity share acquisition of Kalyani Powertrain Limited worth Rs 105 crore. With a market capitalization of Rs 75,620.64 crore, the shares of Bharat Forge Ltd were trading at Rs 1,624.50 per share, increasing around 0.33 percent as compared [...]
Shares of the world’s largest aluminium company by revenues and the world’s second-largest copper rods manufacturer surged by 1.3 percent on BSE to Rs. 694.45 on Friday, after the company announced an investment of $10 billion across the India business and Novelis. With a market capitalisation of Rs. 1.53 lakh crores, at 12:05 p.m., the [...]
JSW Group stock engaged in the business of generation, transmission, and trading of power in focus upon receiving a 300 MW Wind Solar Hybrid Power Project and signing Power Purchase Agreement with BESCOM. Price Action With a market capitalization of Rs. 1,23,698 Crores, the shares of JSW Energy Limited were trading at Rs. 708.15 per [...]
The share of this small-cap company gained up to 10 percent after the company’s promoter bought 2.62 equity shares from foreign institution investor. Niit Ltd has a market capitalization of Rs 1,757.89 crore, the shares were trading at Rs 129.90 per share, increasing around 8 percent as compared to the previous closing price of Rs [...]
Market leading conglomerate stock of Mukesh Ambani has received ambitious target prices from international brokerages CLSA and Bernstein, fueling optimism and driving the stock's upward trajectory. Price Movement In Friday’s trading session, Reliance Industries Limited share price reached an intra-day high of Rs.3,022.65 per share, representing 1 percent rise from its previous close of Rs.2,995.1 [...]
The shares of the world’s second-largest micro-irrigation company gained up to 7 percent after the company signed a Memorandum of Understanding with the Coffee Board of India. With a market capitalization of Rs 4,670.27 crore, the shares of Jain Irrigation Systems Ltd were trading at Rs 69.97 per share, increasing around 5 percent as compared [...]
The shares of this microcap company locked a 5 percent upper-circuit after receiving an order worth Rs. 56 lakhs from an international entity. On a YTD basis, the stock has delivered more than a 20 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 118 crores, the shares of Ahasolar Technologies [...]
The shares of this infrastructure developer company hit a 52-week high and 20 percent upper circuit limit to Rs.452.6 per share after securing orders worth more than Rs.13 crore for infrastructure development. Price Movement In Friday’s trading session, Sathlokhar Synergys E&C Global Limited's share price hit a 52-week high of Rs.452.6, representing a 20 percent [...]
In Friday’s trading session, the shares of India’s leading Drone-as-a-Service and largest DGCA-certified drone pilot training company hit a 5% upper circuit at Rs. 299.6 on NSE, after the company won a contract worth Rs. 2.55 crore from Bangalore Development Authority (BDA). With a market capitalisation of Rs. 728.2 crores, the shares of Drone Destination [...]
Small Cap stock engaged in the business of erection, testing, commissioning, operation, and maintenance of boilers, power plants, sub-critical power projects, and many more jumped 17 percent in the day’s trade following bonus issue of 1:1 and fixing record date. Price Action With a market capitalization of Rs. 10,907 Crores, the shares of Power Mech [...]
The shares of this microcap company jumped around 3 percent in Friday’s trading session after entering into a re-development agreement for a residential project. In one year, the stock has delivered more than a 200 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 564 crores, the shares of Meghna Infracon [...]
Market leader stock engaged in natural gas signs a Memorandum of Understanding (MOU) with Petron Scientech Inc for setting up a Bio-ethylene plant in India. Share Price Variation In Friday’s trading session, the share price of GAIL (Gas Authority Of India) Limited reached an intra-day high of Rs.235.55 per share from its previous close of [...]
