Shares of the AI company specializing in cloud and cognitive services surged nearly 4 percent after Nuvama upgraded its recommendation to buy the stock. Price Movement In Thursday's trading session, the share price of Mphasis Limited surged to an intra-day high of Rs.3,152.3 per share, rising 3.85 percent from its previous close of Rs.3,035.7 apiece. [...]
Transformer stock engaged in designing and manufacturing the entire range of transformers viz Power, Distribution, Furnace, Rectifier Transformers, and many more, hit a 5 percent upper circuit in the day’s trade upon receiving a prestigious export order worth $16.8 Million Price Action With a market capitalization of Rs. 10,662 Crores, the shares of Transformers and [...]
The shares of the large-cap company gained up to 3 percent after the company signed a share purchase agreement to acquire Paytm's entertainment ticketing business for Rs 2,048 crore. With a market capitalization of Rs 2.29 lakh crore, the shares of Zomato Ltd were trading at Rs 260.00 per share, increasing around 0.50 percent as [...]
In Thursday’s trading session, the shares of a registered Indian housing finance company slumped 3.6 percent to Rs. 861.15 on BSE, after a Foreign Institutional Investor (FII) offloaded shares worth over Rs. 1,069 crores and exited the company. With a market capitalisation of Rs. 22,466.5 crores, at 11:14 a.m., the shares of PNB Housing Finance [...]
Shares of this jewelry stock surged nearly 8 percent after Highdell Investment sells 2.36 percent of its stake to the company’s promoters. In total, 6.6 crore shares were exchanged across five block deals. Price Movement In Thursday's trading session, the share price of Kalyan Jewellers India Limited surged to an intra-day high of Rs.589.9 per [...]
The shares of this small company clocked a 5 percent upper circuit in Thursday’s trading session after receiving a license to make key defence products. In just six months the stock has delivered more than 70 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 4,992 crores, the shares of Paras [...]
Green Energy stock an integrated solar energy solutions provider engaged in offering EPC and O&M services for power plants, solar systems, pumping systems, and many others jumped 4 percent in the day’s trade upon receiving a new work order worth Rs. 4.48 Crores to install solar borewells. Price Action With a market capitalization of Rs. [...]
In Thursday’s trading session, the shares of a pharmaceutical company engaged in the manufacturing and trading of medicines surged 11.1 percent to Rs. 90 on NSE, after announcing the completion of the construction of a new plant in Madhya Pradesh. With a market capitalisation of Rs. 147.6 crores, at 10:35 a.m., the shares of Zenith [...]
The shares of this public sector enterprise gained up to 8 percent after the company’s board scheduled a meeting to consider and approve the proposal for fundraising up to Rs 4,500 crore. Indian Renewable Energy Development Agency Ltd has a market capitalization of Rs 69,236.82 crore, the shares were trading at Rs 259.30 per share, [...]
The Japanese sword katana is famous for its curved shape, or rather for the specific curve called sori. This gentle curve is not merely aesthetic but a necessary and functional sword element. It is amazing how the curve of this sword is designed to speak volumes of the science of physics, metallurgy, and numerous centuries [...]
The solar pump market in India is experiencing significant growth, driven by government initiatives and increasing demand for sustainable agricultural practices. The Indian government has set ambitious targets under the PM KUSUM scheme, aiming to install millions of solar-powered pumps to enhance irrigation and reduce dependency on conventional power sources. Listed below is one such [...]
Moats significantly enhance a company's competitive advantage by providing long-term protection against competitors. They create barriers that make it difficult for rivals to replicate the company's success, whether through unique products, strong brand recognition, or network effects. This durability allows companies to maintain profitability and market share, ensuring sustained growth and attractiveness to investors. Here [...]
Public Sector Undertakings (PSU) banks in India are government-owned banks where the majority stake is held by the Ministry of Finance. These banks play a significant role in the country's financial sector. The Net Interest Margin is one of the metrics that signifies the profitability, efficiency, and performance of a bank by measuring and comparing [...]
Fundamentally strong stocks are those of companies that have a solid financial foundation and are well-positioned for long-term growth, regardless of short-term market fluctuations. Some key characteristics of fundamentally strong stocks include strong earnings and revenue growth, healthy balance sheets, robust profitability metrics, competitive advantages and more. Following are a few fundamentally strong stocks that [...]
The Foreign and Defence ministers of India and Japan met on Tuesday, August 20, 2024, for expedited talks on defence technology transfers between the two countries and to reaffirm the importance of multilateral defence cooperation and exchanges in the Indo-Pacific sea region following Chinese assertiveness in regional seas. Prime Minister Narendra Modi, with Japan’s foreign [...]
In the digital age, online trading has become an accessible and popular way to invest and grow wealth. Platforms like Quotex make it easier for individuals to participate in the financial markets by offering a user-friendly interface and a variety of trading options. If you're interested in trading on Quotex but don't know where to [...]
Shares of a pioneer and leading manufacturer in steel tubes and pipes surged by 1.07 percent on BSE to hit an intraday high at Rs. 11.25 in the trading session of Wednesday. With a market capitalisation of Rs. 1,667.7 crores, the shares of Rama Steel Tubes Limited closed in the green at Rs. 11.18, up [...]
In Wednesday’s trading session, the shares of a company engaged in the business of retail and institutional broking fell 7.8 percent to Rs. 783.05 on BSE, following NCLT Mumbai’s approval of the delisting proposal despite the opposition of shareholders. With a market capitalisation of Rs. 25,788.7 crores, at 03:02 p.m., the shares of ICICI Securities [...]
Defining Virtual Cards and Their Role in Trading Virtual cards are a digital payment solution that provides an additional layer of security and control for online transactions. These are temporary card numbers that are linked to a user's primary credit or debit card account, allowing them to make purchases without exposing their actual card details. [...]
IT engaged in the business of providing global technology services and solutions jumped upto 6 percent in the day’s trade following a stake sale in its subsidiary to strengthen its semiconductor business. Price Action With a market capitalization of Rs. 22,244 Crores, the shares of Cyient Limited were trading at Rs. 2,005.40 per equity share, [...]