The shares of a technology and software development services provider gained up to 5 percent after the company’s net profit and revenue increased by 40 percent and 42 percent YoY, respectively in the fourth quarter. With market capitalization of Rs 17,813.56 crore, the shares of Affle (India) Ltd were trading at Rs 1,271 per share, [...]
The company that manufactures aluminum castings for automotive, defense, and energy sectors has seen a 28% increase in its shares over the last 12 months. Alicon Castalloy Ltd (ACL), formerly Enkei Castalloy Limited, specializes in manufacturing automotive castings. The company primarily produces aluminum alloy die castings for the automotive industry in India. Additionally, ACL's product [...]
India's startup ecosystem is vibrant and rapidly evolving, with numerous startups making waves in various industries. The top startups in India are those that are answering the everyday needs of the more than 1.3 billion people who live in the country. India's startup ecosystem is a hotbed of innovation and entrepreneurship, with a mix of [...]
CAGR, or Compound Annual Growth Rate, is a crucial financial metric used to measure the annualized growth rate of an investment over a specified period. It provides a smooth representation of growth, factoring in compounding effects. Widely utilized in assessing business performance and investment returns, CAGR offers insights into long-term trends. Here are the 3 [...]
During the Q4 earnings season, many large and blue-chip stocks have announced remarkable results over the past month, triggering indices to rally to new highs. Moreover, investors are keenly awaiting the upcoming results for the last week of May 2024. Here are six stocks that will announce their Q4FY24 results next week: DCM Ltd The [...]
The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 1,711.45 points ending the week at 75,410.39 and the Nifty 50 index gaining around 579.50 points ending the week at 22,957.10. In the last five trading sessions, the Sensex gained approximately 2.32 percent while the Nifty 50 index gained around 2.59 [...]
Green energy, also known as renewable energy, encompasses sustainable sources like solar, wind, hydroelectric, and geothermal power. With increasing environmental concerns and the desire for energy independence, the global shift towards green energy has gained momentum, offering cleaner alternatives to traditional fossil fuels while reducing carbon emissions and combating climate change. Here are three AI [...]
Tata Group was founded in the year 1868 by Jamsetji Tata. One of India's largest conglomerates, this company is owned by Tata Sons. The second biggest business house in India with the highest number of companies listed on the stock exchange. The Compound Annual Growth Rate (CAGR) is a financial metric that measures the average [...]
India is the largest global supplier of generic drugs and he Indian pharmaceutical industry is growing rapidly, projected to reach $65 billion by 2024 and $130 billion by 2030. Growth is driven by increasing R&D investments, government initiatives, and rising domestic healthcare demand Operating profit margin is a financial metric that measures the proportion of [...]
The capital used in the business that is contributed by creditors, shareholders, or owners is measured by the debt-to-equity ratio. The debt-equity ratio, to put it simply, is a ratio of the total amount of long-term debt and equity capital in the company. Here are three pharma stocks with a Debt to Equity ratio of [...]
Dividends represent a portion of a company's profits distributed to its shareholders as a reward for their investment. These regular payments provide investors with a steady income stream and signal a company's financial health and stability. Understanding dividend policies and trends is crucial for investors seeking income and long-term wealth accumulation. Here are the five [...]
Ethanol is a renewable fuel produced through the fermentation of sugars found in crops such as corn, sugarcane, and wheat. In India, ethanol is primarily produced from molasses, a by-product of sugar production. Ethanol has gained popularity in India due to its use as a blending agent with gasoline to curb vehicular air pollution as [...]
The Indian government has allocated a total budget of Rs 6.21 lakh crore for the Ministry of Defence for the Financial Year 2024-25. This represents a 13% increase year-on-year, bringing the Ministry's budget to a substantial USD 72 billion, which accounts for 13.18% of the total national budget. In parallel, the government has introduced various [...]
Share price of a company engaged in the business of Fabrication and Machining of components used in the Defence Sector moved up by 1.8 percent on BSE to Rs. 1,540 in the trading session of Friday, compared to its previous closing price of Rs. 1,512.85, with a market capitalisation of Rs. 1,958.21 crore. Nibe Ltd [...]
Exploring the market for a bike under 2 lakh can be exciting yet challenging, especially for new buyers looking for value without compromising quality. This price bracket is highly competitive, offering a range of motorcycles that cater to different preferences and needs. Whether you are a daily commuter or a weekend adventurer, there are ample [...]
In the realm of finance, few sectors have garnered as much attention and intrigue in recent years as cryptocurrency. From the meteoric upward thrust of Bitcoin to the proliferation of opportunity cash, the crypto marketplace has ended up in a dynamic landscape of innovation and speculation. Amidst the volatility and excitement, one precept stands tall: [...]
In the hastily evolving panorama of cryptocurrencies, technological innovation serves as a catalyst for growth, riding the development of groundbreaking projects and reshaping the future of finance, technology, and the past. As traders search for possibilities to capitalize on this wave of innovation, understanding the role of technological upgrades in the crypto area becomes paramount. [...]
In the world of cryptocurrencies, Dogecoin stands as a beacon of the unexpected. From its humble beginnings as a meme-stimulated virtual currency to its present-day status as a global phenomenon, Dogecoin's adventure displays the unpredictable nature of the digital asset area. This article explores Dogecoin's future as a funding frontier, inspecting its origins, evolution, and [...]
Share price of one of the leading pharmaceutical companies in women’s health moved up by 4.7 percent on BSE to hit an intraday high at Rs. 349 in the trading session of Friday, after announcing the launch of a pill in the gynaecological segment. With a market capitalisation of Rs. 903 crore, at 03:05 p.m., [...]
The shares of this leading telecom firm jumped 11.6% after UBS revised the target price from “Neutral” to a “Buy” rating with an upside potential of 20%. At 3:00 p.m., On Friday, Vodafone Idea Ltd shares were trading at ₹15.10 per share, up ₹1.03 or 7.47 percent on the National Stock Exchange from the previous [...]
