Railway stock engaged in manufacturing metal fabrication, railway wagons, wagon components, castings, and many more jumped 4 percent in the day’s trade upon receiving ARAI approval to manufacture Battery Operated Light Commercial Vehicles. With a market capitalization of Rs. 24,020 Crores, the shares of Jupiter Wagons Limited were trading at Rs. 583.15 per equity share, [...]
The shares of logistic service provider gained up to 5 percent after the company’s net profit and revenue increased by 82 percent YoY and 78 percent QoQ, respectively, in the fourth quarter. With a market capitalization of Rs 443.83 crore, the shares of Tiger Logistics (India) Ltd were trading at Rs 41.98 per share, increasing [...]
Share price of a Navratna CPSE (Central Public Sector Enterprises) under the Ministry of Railways moved up by 2.4 percent on BSE to hit an intraday high at Rs. 384.5 in the morning trading session of Thursday, after receiving an order from South East Central Railway for Rs. 38.1 crore. With a market capitalisation of [...]
The shares of the versatile construction company gained up to 5 percent after the company received a contract from National Highway Authority of India worth Rs 50.80 crore. With a market capitalization of Rs 246.60 crore, the shares of Brahmaputra Infrastructure Ltd were trading at Rs 84.98 per share, increasing around 1.13 percent as compared [...]
The shares of the world's largest two-wheeler manufacturer opened on a positive note, reaching an intraday high of ₹5,186.65 per share, following the board's approval of a ₹4,000 crore IPO for its subsidiary. On Thursday, at 11:30 a.m., Hero MotoCorp Ltd shares were trading at ₹5,135 per share, down 0.13 percent from the previous close [...]
The company that is engaged in the business of designing, developing, and maintaining wireless and satellite communication products gained nearly 10.4 percent on thursday after it received an order worth ₹109 crore from Ministry of Defence. Avantel Limited is a Small cap company with a market capitalization of ₹3,001 crore. At 11:00 a.m., the company [...]
The shares of financial service provider fell around 17 percent after the Reserve Bank of India imposed immediate limitations on two of its businesses on Wednesday. With a market capitalization of Rs 6,355.04 crore, the shares of Edelweiss Financial Services Ltd. were trading at Rs 67.29 per share, decreasing around 13.12 percent as compared to [...]
India has been emerging as a superpower, particularly in terms of its economy, with the defence sector playing a crucial role in fostering its advancement. India's defence sector has attracted attention for its record-breaking exports, totaling Rs 21,083 crores in the 2023-2024 fiscal year. This marks a notable 32.5% increase from the previous year, showcasing [...]
PSU stocks have surged significantly in the past year, exemplified by the Nifty PSU index almost doubling and the Nifty PSU Bank index climbing over 80%. Various factors such as attractive valuations, improving fundamentals, government support, and investor sentiment have propelled these stocks to new highs. Over time, the government has prioritized unlocking the value [...]
Mukesh Ambani Group stocks are owned by Mukesh Ambani, the chairman and managing director of Reliance Industries Limited. The group includes several companies that operate in various sectors such as natural gas, petrochemicals, retail, mass media, telecommunications, textiles, and energy. The Ambani Group is India's largest conglomerate, with a significant presence in the Indian economy. [...]
PayPal is a well-respected payment method for millions of users around the world. Over the last quarter, PayPal grew by 4% which means even more gamblers are turning to one of the most convenient payment methods online. Over the last year the company has seen revenue of over 7 billion dollars which goes to show [...]
The Ayushman Bharat Yojana, also known as Pradhan Mantri Jan Arogya Yojana (PMJAY), is a groundbreaking initiative by the Government of India aimed at providing free health insurance coverage of up to 5 lakh rupees per family per year. A central component of this scheme is the Ayushman card, a tool designed to facilitate access [...]
A company is said to be ‘financially strong’ when it portrays a specific set of characteristics such as strong and consistent financial performance, low leverage ratios, and good management. Listed below are some of the fundamentally strong stocks that are currently trading at a discount of up to 30.2 percent compared to their 52-week high [...]
Share price of one of India’s largest pure-play green financing NBFC moved up by 0.73 percent on BSE to hit an intraday high at Rs. 186.25 in the trading session of Wednesday, compared to its previous closing price of Rs. 184.9. With a market capitalisation of Rs. 49,790.84 crore, Indian Renewable Energy Development Agency (IREDA) [...]
Share price of India's Leading EV Charger & Telecom Power solutions provider moved up by 10.8 percent on BSE to hit an intraday high at Rs. 283.95 in the trading session of Wednesday, after reporting FY24 financial results with a rise in net profit by 205.5 percent QoQ. With a market capitalisation of Rs. 3,254.41 [...]
Foreign institutional investors, or FIIs for short, are institutional investors who make investments in assets located outside of their home country. A block deal is a single transaction involving two parties, usually institutional players, and requiring a minimum of 5 lakh shares or Rs. 5 crore in value. The two FinTech companies listed below are [...]
The share price of one of India’s leading warship builders gained around 12 percent to a 52-week high of ₹3,400.35 per share after the company reported a strong net profit rise of 73% in FY24 financial result. At 3:20 p.m., Mazagon Dock Shipbuilders Ltd (MDSL) shares were trading at ₹3,365 per share, up 10.80 percent [...]
Engineering stock engaged in the business of erection, testing, commissioning, operation, and maintenance of boilers, power plants, sub-critical power projects and many more jumped 3 percent in the day’s trade upon receiving a work order worth Rs. 563.23 Crores from BHEL PSSR. With a market capitalization of Rs. 7,623 Crores, the shares of Power Mech [...]
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 the stocks that have recorded decent results [...]
Green Energy stock engaged in providing SaaS-based solutions for well-known players like Adani Renewables, BPCL, Asian Development Bank, and many more, in focus upon receiving a work order from Hindustan Petroleum Corporation Limited. With a market capitalization of Rs. 111.75 Crores, the shares of Ahasolar Technologies Limited hit a 5 percent lower circuit at Rs. [...]