The share of the leading generic injectable manufacturer gained up to 11 percent after the company’s net profit and revenue jumped by 143 percent and 96 percent respectively in the fourth quarter. With a market capitalization of Rs 31,039.70 crore, the shares of Gland Pharma Ltd were trading at Rs 1,884.50 per share, increasing around [...]
Monopolies are firms that dominate the market. monopoly companies are those which have no or less market competition due to a single-player presence. Monopoly companies benefit from economies of scale leading to lower average costs. These companies usually control the market and are solo or large players in the market. Here are three monopoly stocks [...]
The chemical industry, a $4 trillion global market, drives innovation and economic growth, producing over 70,000 diverse products. Employing millions worldwide, it underpins sectors like agriculture, pharmaceuticals, and manufacturing, with annual growth rates exceeding 3%. This dynamic industry transforms raw materials into essential everyday products. With a market capitalization of Rs 7,612.98 crore, the shares [...]
Investing is important to build a secure future. It helps you combat inflation, create wealth through compounding, fulfil your financial goals, and generate passive income. However, to achieve expected outcomes through investing, smart planning, deep market analysis, risk evaluation, and periodic monitoring are needed. Among many, the most crucial strategy for successful investing is diversification. [...]
The Indian government has prioritized the defence sector as part of its 'Aatmanirbhar Bharat' or Self-Reliant India initiative, focusing on indigenous manufacturing infrastructure and research and development. So Investing in the defence shares offers financial growth due to its steady demand, government backing, and long-term contractual commitments Listed below are stocks associated with the Defence [...]
Banks with lower NPA percentages are perceived as more stable and credible. They have a more robust loan portfolio and a reduced risk of default, both of which are crucial for financial stability. A lower NPA ratio, on the other hand, does not always mean that a bank is fully risk-free. Market circumstances, economic slowdowns, [...]
Shares of a leading lubricant company jumped by 12 percent in Wednesday’s trading session after reporting an increase in its net profit by 19 percent YoY, during Q4FY24. With a market capitalization of Rs 4,612.98 crores the shares of this prominent Indian lubricant company Gulf Oil Lubricants India Ltd were trading at Rs 1,066.05, up [...]
Whether you're searching for your soulmate, a new outfit, or planning your next trip, we live in a digitally driven society where technology has infiltrated every aspect of our lives. As such, it should come as no surprise that the shift towards digital payments is gaining momentum worldwide. And it's not hard to see why, [...]
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 three stocks that received orders from Maharashtra [...]
Following are the two companies—one in the healthcare industry and the other in the tyre and rubber industry—that witnessed fluctuations in the share prices following the release of their Q4 FY23-24 and FY24 financial results, through the recent filings with the stock exchanges on Tuesday post-market hours. Metropolis Healthcare Limited Share price of a leading [...]
The shares of the leading tyre manufacturers gained up to 6 percent despite White Iris Investment's likely to sell 2.24 crore equity shares of the company in the block deal to raise Rs 1,040 crore. With a market capitalization of Rs 31,151.70 crore, the shares of Apollo Tyres Ltd were trading at Rs 490.50 per [...]
Shares of this smallcap company fell around 1 percent in Wednesday’s trading session despite receiving an order worth Rs. 17.21 crores from Defence Research And Development Organisation. The shares have delivered a muti-bagger return of 258 percent to its shareholders in one year. With a market capitalization of Rs. 13,781 crores, the shares of Railtel [...]
Engineering stock engaged in the manufacture and sale of customized textile machinery, machinery parts, and many more jumped 16 percent in the day’s trade upon receiving a work order worth Rs. 7.47 Crores from SKF Limited. With a market capitalization of Rs. 48 Crores, the shares of Meera Industries Limited started their trading at Rs. [...]
The stock price of India's leading public limited non-government company dropped to ₹1,201 apiece after HDFC Bank sold its entire stake worth ₹150 crores in the company. At 1:10 p.m., Protean eGov Technologies Ltd shares were trading at ₹1,195 per share, down 0.88% on the Stock Exchange from the previous close price. The company has [...]
Share price of this affordable housing finance company moved up by 4.11 percent on BSE to hit an intraday high at Rs. 310 in the morning trading session of Wednesday, after Domestic Institutional Investors (DII) bought stake in the company, bringing the total deal value to Rs. 663 crore. With a market capitalisation of Rs. [...]
Shares of this smallcap company surged around 9 percent in Wednesday's trading session after entering into an arrangement with BSNL for an aggressive rollout of sites on the IP1 model across India. With a market capitalization of Rs. 1,247 crores, the shares of Suyog Telematics Ltd started Wednesday’s trading session on a higher note at [...]
The shares of the versatile construction company gained up to 5 percent after the company signed the agreement with the Chief Engineer Water Resource Department worth Rs 38.75 crore. With a market capitalization of Rs 252.75 crore, the shares of Brahmaputra Infrastructure Ltd were trading at Rs 87.10 per share, increasing around 0.59 percent as [...]
The shares of a leading pharmaceutical producer of active pharmaceutical ingredients and formulations rose by 9.5% to ₹52.20 per share after the company reported a net profit growth of 249%. At 12:15 p.m., Morepen Laboratories Ltd shares were trading at ₹50.60 per share, up 6.19% on the Bombay Stock Exchange from the previous close price. [...]
Multibagger stock engaged in offering a comprehensive range of IT/OT communication, protection, synchronization, cyber-security products, and many more, hit a 5 percent upper circuit in the day’s trade upon signing a strategic collaboration to develop and expand operations. With a market capitalization of Rs. 446 Crores, the shares of Valiant Communications Limited hit a 5 [...]
The shares of the digital services and solutions provider gained up to 5 percent after the company’s net profit and revenue increased by 95 percent and 9 percent YoY, respectively in the fourth quarter. With a market capitalization of Rs 30,112.08 crore, the shares of Coforge Ltd were trading at Rs 4,874.35 per share, increasing [...]