Domestic benchmark equity indices, the Sensex, and the Nifty 50 ended Friday’s session in green along with making new all-time highs. The Sensex ended at 76,992.77 up by 181.87 points or 0.24 percent, while the Nifty 50 closed at 23,465.60 up by 66.70 points or 0.29 percent in Friday’s session. Listed below is a Large-cap [...]
Navaratna stocks in India refer to shares of public sector enterprises that have been awarded Navaratna status by the government. This prestigious designation is granted to select state-owned companies based on their financial performance and operational excellence. These companies have greater power in making investment decisions and managing their operations. Navaratna companies are among the [...]
A company’s guidance refers to the practice of providing financial forecasts or projections about their future performance and is typically based on the company's internal analysis and market conditions and is intended to enhance transparency and build trust with stakeholders, including investors and analysts. Following are the three companies that have provided strong growth guidance [...]
As India continues to develop, its energy requirements are on the rise. In 2023, power generation in India surged by 11.3%, marking the quickest pace in at least five years. The Ministry of Power has emphasised the need for substantial capital expenditure, estimating a requirement of Rs 6.67 lakh crore by March 2032 to meet [...]
The Benchmark Indices closed in the green on Friday, with the Sensex experiencing a gain of 181.87 points or 0.24 percent, ending the week at 76,992.77, and the Nifty 50 index up by nearly 0.3 percent or 66.7 points, to close at 23,465.6. The Nifty 50 index moved up by 0.75 percent over the previous [...]
Agrochemicals are chemical products used in agriculture to protect crops from pests and diseases, improve crop yields, and enhance soil fertility. They include a wide range of substances such as pesticides, herbicides, fungicides, fertilizers, and plant-growth hormones. These products are essential for modern agriculture, as they help farmers manage pests and diseases effectively, increase crop [...]
Having zero debt or very little debt can grant a company financial stability in the long term. Debt can help to fuel growth and offer tax advantages, but it also carries risks like potential insolvency and financial strain. Only a small handful of public companies today have zero or near-zero debt. Piotroski score, named after [...]
India ranks as the world's second-largest cement producer and contributes over 7% to the global installed capacity. According to the latest report, from FY12 to FY23, India experienced a remarkable 61% growth in its cement capacity, reaching 570 million metric tons from 353 million in FY22. Projections indicate that the Indian cement sector is poised [...]
As one of the world's largest economies, India brings in a competitive ecosystem for businesses to thrive. Easing financial access for young entrepreneurs, the country post-pandemic had been taking giant strides towards a successful future. Rapidly progressing in providing loans for the manufacturing industry, the government had eased out the availability of machinery loans for [...]
In simple terms, energy drinks are formulated to boost metabolism and enhance alertness. A typical can contain caffeine, niacin, taurine, guarana, ginseng, and often a significant amount of sugar. According to Mordor Intelligence, the size of the India Energy Drinks Market is projected to be approximately 0.74 billion USD in 2024, with expectations to reach [...]
Dividends are a portion of a company's profits sent to shareholders to compensate for their investment. Monthly payments provide investors with a constant income and reflect a company's financial stability. Understanding dividend policy and trends is crucial for investors seeking long-term income and capital growth. Here are the six stocks that will trade ex-dividend in [...]
Goldman Sachs, a global investment banking and financial services firm, has a significant presence in India. The company offers a wide range of financial services to various clients, including governments, institutions, and high-net-worth individuals. As per the latest corporate shareholdings filed, Goldman Sachs India Limited publicly holds around 41 stocks with a net worth of [...]
The infrastructure sector in India is an important driver of the country's economic growth. Infrastructure stocks in India refer to companies involved in developing and operating infrastructure projects such as roads, bridges, airports, and power plants. The infrastructure stocks in India offer promising investment opportunities. Listed below are such infrastructure stocks whose price is under [...]
The Indian benchmark equity indices ended Friday’s trading session on a positive note as Nifty hit a fresh record high on June 14. The major indices were driven by the auto and consumer durable sectors. The NSE Nifty 50 gained 66.70 points or 0.29 percent to finish the day’s trading at 23,465.60 while the BSE [...]
The share price of this IT firm went up nearly 1 percent to an Intraday high of Rs 301 per share on Friday after the company entered a service agreement with Skydo Technologies Private Limited to provide cross-border payment. With a market capitalization of Rs 3,653.65 crores, at 2:57 pm the shares of Zaggle Prepaid [...]
A market leader is a company that has the largest market share in a specific industry. A market leader is a product, brand, company, organization, or group name that has the highest percentage of total sales revenue in a certain market. Market leaders establish market dominance through various means such as shaping customer loyalty, distribution [...]
Multibagger stock engaged in the business of manufacturing ductile iron pipes, ductile iron fittings, cast iron pipes, and many more jumped upto 5 percent in the day’s trade upon acquiring 525 acres of land for expanding operations. With a market capitalization of Rs. 10,227 Crores, the shares of Electrosteel Castings Limited were trading at Rs. [...]
Infra stock engaged in the business of providing products and solutions for power transmission, substation, telecommunication infrastructure and many more jumped 4 percent in the day’s trade upon receiving multiple work order worth Rs. 44.14 Crores from Gujarat Energy Transmission Corporation Limited. With a market capitalization of Rs. 1,958 Crores, the shares of Advait Infratech [...]
In Friday’s trading session, the share price of one of the largest aluminium producers in Asia surged 4.6 percent on BSE to Rs. 195.1, after executing a Mining Lease agreement with the State Government of Odisha. At 01:45 p.m., the shares of National Aluminium Company (NALCO) Limited were trading in the green at Rs. 192.8, [...]
The shares of this small-cap gained up to 2 percent after the company received a new work order to manufacture a range of male condoms. With a market capitalization of Rs 2,574.87 crore, the shares of Cupid Ltd were trading in green at Rs 95.95 per share, increasing around 1.10 percent as compared to the [...]