The shares of the banking service provider gained up to 7 percent after the company received approval for initiating the process for cutting down 14.50 percent stake from its subsidiary. Canara Bank market capitalization is Rs 1.15 lakh crore, the shares were trading at Rs 127.40 per share, increasing around 7.97 percent as compared to [...]
Share price of this large-cap Maharatna stock moved up by 8.8 percent to an all-time 52-week high of Rs 390.60 per share on June 3rd, compared to its previous closing price of Rs. 358.90 per share, after the company commissioned a solar project of 33 MW. With a market capitalization of Rs. 3,78,073.01 crores, at [...]
On Monday, the share price of one of the top five 3-wheeler companies in India moved up by 9.4 percent on BSE to hit an intraday high at Rs. 558.9, after the company reported its business update for the May month with a rise in sales by 111.72 percent. With a market capitalisation of Rs. [...]
Shares of this microcap company clocked 5 percent upper circuit after receiving an order from the Indian Army to supply submachine guns. The shares have delivered a multibagger return of 175 percent in one year to its shareholders. With a market capitalization of Rs. 773 crores, the shares of Lokesh Machines Ltd started Monday’s trading [...]
The ICC T20 World Cup is one of the world's most exciting cricket tournaments, bringing together the greatest teams in the world to compete for the prestigious championship. The tournament's fast-paced, high-energy contests excite millions of fans across the world. Since its introduction , the T20 World Cup has gained in popularity, highlighting cricket's shorter [...]
Indian equity benchmark indices reached record highs on Monday, with the Nifty 50 gaining 3.58 percent (807.20 points) to 23,337.70 and the Sensex rising 3.55 percent (2,621.98 points) to 76,583.30. Similarly, the Nifty Bank opened above 50,000 for the first time ever following exit polls for 2024 Loksabha results. Investor sentiment was lifted by Saturday's [...]
Semiconductor stock specializing in product design and development services ranging from chip design to Software and Systems Development hits a 10 percent upper circuit upon receiving a work order worth Rs. 568 Crores for the supply of high-performance chips. With a market capitalization of Rs. 2,681 Crores, the shares of Moschip Technologies Limited hit a [...]
Nifty sees the biggest gap-up open in four years and moved up by 3.6 percent to hit 23,338.7 points in the morning trading session of Monday. Despite securing three orders worth Rs. 8.3 crore under different zones of Indian Railways, the share price of a company engaged in Railway Infrastructure Development hit a 2% lower [...]
The Adani Group, based in Ahmedabad, Gujarat, India, is a diverse conglomerate consisting of 10 publicly traded companies. Led by chairman Gautam Adani, it operates in various sectors including ports, airports, power generation and transmission, and green energy initiatives. Adani Group is India's biggest airport operator and also manages India’s largest seaport, Mundra Port, Additionally, [...]
Spacenet Enterprises India Limited (NSE: SPCENET), a notable global tradetech company with operations in India and Hong Kong, has announced an impressive 330% increase in net profit for the financial year 2023-24. Spacenet reported a consolidated net profit of 10.81 Cr. for the financial year 2023-24, compared to a net profit of 2.51 Cr. in [...]
The shares of the leading highway developer gained up to 9 percent after the company has emerged as lowest bidder for the two projects of Maharashtra State Road Development Corporation Ltd worth Rs 2,152.72 crore. With a market capitalization of Rs 5,474 crore, the shares of Ashoka Buildcon Ltd were trading at Rs 194.60 per [...]
The company is one of the largest and fastest-growing automotive OEM suppliers in the world. It is a diversified global manufacturing expert and is one of the top 25 global automotive suppliers. Samvardhana Motherson International has a 24 percent global market share in the manufacture of exterior mirrors for passenger cars, commercial vehicles, and heavy [...]
Ethanol stocks have been experiencing a downturn in 2024 due to several key factors including lower sugarcane yields, Fair and Remunerative Price (FRP) hike, worldwide sugar shortage concerns and the government’s plan to discourage the diversion of sugar for ethanol production in order to ensure sufficient sugar supplies in the local market. Following are the [...]
The Benchmark Indices closed in the green on Friday, with the Sensex experiencing a gain of 75.71 points or 0.1 percent, ending the week at 73,961.31, and the Nifty 50 index up by nearly 0.2 percent or 42.05 points, to close at 22,530.7. The Nifty 50 index moved down by 1.8 percent over the previous [...]
In business and finance, an order book is a complete record of a company's current and projected future orders for products or services. It gives critical information about the company's operational health, financial stability, and growth possibilities by outlining the number, value, and nature of client contracts or commitments. Monitoring an order book enables stakeholders, [...]
Share price of the stock moved up by nearly 5.2 percent on BSE to hit an intraday high at Rs. 1,300 in the trading session of Friday, compared to its previous closing price of Rs. 1,235.25. With a market capitalisation of Rs. 29,686 crore, the shares of Brigade Enterprises Limited closed in the green at [...]
Vijay Kedia is an Investor trader also known by the alias of the ‘Master market’. Although Vijay was born into a family of stockbrokers his journey has been rather interesting and inspiring. Kedia has a very interesting investing strategy he calls ‘SMILE’, which is an abbreviation for Small in size, Medium in experience, Large in [...]
The Indian benchmark equity indices ended Friday’s trading session on a positive note. The NSE Nifty 50 gained 42.05 points or 0.19 percent to finish the day’s trading at 22,530.70, while the BSE Sensex closed 132.44 points or 0.18 percent higher at 73,961.31. Listed below is a microcap stock that has delivered multibagger returns of [...]
Dividends are a percentage of a company's profits delivered to shareholders as compensation for their investment. These monthly payments offer investors with a consistent income stream and demonstrate a company's financial health and stability. Understanding dividend policies and patterns is critical for investors looking to generate income and build capital over time. Here are the [...]
Vijay Kedia is an Investor trader also known by the alias of the ‘Master market’. Although Vijay was born into a family of stockbrokers his journey has been rather interesting and inspiring. Kedia has a very interesting investing strategy he calls ‘SMILE’, which is an abbreviation for Small in size, Medium in experience, Large in [...]