Shares of major oil exploration companies gained momentum as the new oilfield development bill passed by the Lok Sabha may exempt oil and gas producers from windfall taxes, according to Petroleum Minister Hardeep Puri. The bill aims to strengthen the exploration sector by providing policy stability and extending lease durations. This decision addresses past concerns [...]
The shares of the pharmaceutical company specialzing in the Business of Formulation of pharmaceutical products, jumped upto 6 percent following the approval by the Australian TGA for producing pharmaceutical formulations. Price action With a market capitalization of Rs. 9,849.51 crores on Thursday, the shares of Marksans Pharma Limited jumped upto 5.9 percent making a high [...]
This Room Air Conditioner stock, which deals in the business of manufacturing air conditioners, non-air conditioner components, and one-stop solutions for the RAC industry, is in focus after it plans to double its revenue guidance in the next three years. Share Price Movement In Thursday’s trading session, Amber Enterprises India's share price was up by [...]
Buying fundamentally strong stocks near their 52-week lows can be a great opportunity. Companies with good, strong financials, financial management, and consistency which are currently undervalued due to market fluctuations have significant upside potential. The correction in the market can be used in such cases. This article contains the names of some of the stable [...]
The shares of this Adani Group stock engaged in renewable power generation and other ancillary activities comes into focus after the company’s wholly owned subsidiary commissions a 250 MW solar power plant in Rajasthan. Stock Performance With a market capitalization of Rs 1,44,915.21 crore, Adani Green Energy Ltd rose over 1 percent in Thursday's trading [...]
Yesterday, several promoters took advantage of the market downturn by increasing their stake in their respective companies. This strategy signals confidence in the long-term growth potential of their businesses, as promoters often believe that the stock is undervalued during market corrections. These share purchases are closely watched by investors, as they indicate a commitment to [...]
This small-cap stock engaged in the construction and infrastructure development sector and focusing on projects like bridges, roads, and railway infrastructure across India, skyrocketed 14 percent after securing an order worth Rs. 481 crore from South Eastern Railway Kolkata Stock Price Movement: With a market capitalization of Rs. 1,325.56 crores, the share of GPT Infraprojects [...]
The shares of one of the leading electric vehicle (EV) manufacturers in India, specializing in the design, manufacturing, and development of electric vehicles (EVs), are in focus upon facing regulatory scrutiny upon the discrepancy between the number. Price action With a market capitalization of 22,998.07 Crores on Thursday, the shares of Ola Electric Mobility Limited [...]
As we step into 2025-26, India’s fixed-income market stands at a critical juncture, shaped by evolving macroeconomic conditions, interest rate trends, and regulatory developments. With global uncertainties—ranging from monetary policy shifts in the United States to China’s economic slowdown—investors are keen to understand how domestic factors like fiscal consolidation, inflation control, and regulatory advancements will [...]
This Mahindra Group stock engaged in residential and commercial real estate development and focusing on creating sustainable communities and offering innovative spaces across India, plunged 2 percent after Goldman Sachs sold a stake worth over Rs. 28 crore Stock Price Movement: With a market capitalization of Rs. 5,040.35 crores, the share of Mahindra Lifespace Developers [...]
This Solar stock deals in the business of developing, building, owning, managing, and maintaining renewable power facilities including solar and wind-solar hybrid power projects as an Independent Power Producer and as a service provider to Captive Power Producers, surged 4 percent after the company's subsidiary received a 14.9MW order from multiple clients. Share Price Movement [...]
This Smallcap stock, which deals in the business of manufacturing tyres, a part of the RPG Group, surged upto 6 percent after management guided double-digit growth in FY25 & FY26. Share Price Movement In Thursday’s trading session, Ceat's share price touched a day’s high of Rs. 2,894.25 which was up by 5.66 percent. The stock [...]
The shares of the Defence shipbuilding company focused on constructing warships for the Indian Navy and Coast Guard, jumped upto 6 percent upon signing MoU with PWD (R&B), Nagaland Price action With a market capitalization of Rs. 19,461.24 crores on Thursday, the shares of Garden Reach Shipbuilders & Engineers Limited jumped upto 6.3 percent making [...]
Adani Enterprises recently announced its entry into the cables and wires industry through a joint venture with Praneetha Ventures. The new company, Praneetha Ecocables Limited (PEL), was formed with Adani’s wholly owned subsidiary, Kutch Copper Limited (KCL), holding 50 percent of the equity in the venture. The company will focus on manufacturing, marketing, and distributing [...]
The IT index jumped nearly 2 percent on Thursday reacting to the US Federal Reserve’s decision to keep interest rates steady at 4.25 - 4.50 percent. Indian IT firms generate a significant portion of their revenue from US-based clients. With stable interest rates and anticipated rate cuts later this year, investor confidence in the sector [...]
This Infra stock, which deals in the business of construction of roads, irrigation, buildings, water and environment, metals, electrical, mining, and railways, surged upto 6 percent after receiving LoA from Andhra Pradesh Govt. worth Rs. 2,129.60 Cr for Amaravati Development. Share Price Movement In Thursday’s trading session, NCC's share price touched a day’s high of [...]
The shares of this small cap NBFC, engaged in providing secured MSME loans and gold loans came into focus on Thursday after the promoter sold over 1.25 percent stake in the company for Rs 112 crore. Stock Performance With a market capitalization of Rs 9,090.90 crore, SBFC Finance Ltd fell over 1 percent and made [...]
This small-cap defence stock engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions, jumped 10 percent after securing an order worth Rs. 142.31 crores from the Ministry of Defence, Government of India. Stock Price Movement: With a market capitalization of Rs. 4,040.25 crores, the share [...]
The shares of one of the leading renewable energy company, specializing in the development and installation of solar power systems, jumped upto 6 percent upon receiving a Letter of Intent (LOI) under the PM KUSUM scheme for a Total capacity of 38.43MW. Price action With a market capitalization of Rs. 6,129.94 crores on Thursday, the [...]
The PEG ratio is a valuation metric used to assess whether a stock is reasonably priced by factoring in both its price-to-earnings (P/E) ratio and anticipated earnings growth. It is calculated by dividing the price-to-earnings ratio by the expected earnings growth rate. Thus, a stock is likely undervalued if it has a low PEG ratio. [...]
