On Tuesday, the shares of a prominent precision engineering company, known for manufacturing crankshafts and forged components, surged by 3.5%. This uptick followed the company's announcement of acquiring three forging facilities to boost their capacity to produce 72,000 tons of forged products. At 1:10 p.m., Balu Forge Industries Ltd shares were trading at ₹315.05 per [...]
The shares of the engineering and consultancy company gained up to 5 percent after the company signed a contract agreement with Bangladesh Railway worth USD 111.26 million. With a market capitalization of Rs 17,837.61 crore, the shares of Rites Ltd were trading at Rs 742.30 per share, increasing around 4 percent as compared to the [...]
Telecom stock engaged in providing Telecommunication solutions to Telecom Network Operators hit a 10 percent upper circuit in the day’s trade upon posting its Q4FY24 results with a 303 percent jump in Net Profits YoY. With a market capitalization of Rs. 442 Crores, the shares of SAR Televenture Limited hit a 10 percent upper circuit [...]
The shares of the electronic security solutions provider gained up to 5 percent after the company received a contract to carry out Installation work and services of IOT worth Rs 3.50 crore. With a market capitalization of Rs 11.85 crore, the shares of Panabyte Technologies Ltd were trading at Rs 27.00 per share, increasing around [...]
Shares of this large-cap company surged 15 percent in Tuesday’s trading session after receiving an order worth Rs. 148.26 crores. In just six months, the shares have delivered a multibagger return of 106 percent to its shareholders. With a market capitalization of Rs. 69,765 crores, the shares of Rail Vikas Nigam Ltd started Tuesday’s trading [...]
Share price of one of the pioneers in integrated infrastructure and construction services in India moved up by 12.6 percent on BSE to hit an intraday high at Rs. 65.95 in the morning trading session of Tuesday, after reporting a rise in net profit of 110 percent for FY24. With a market capitalisation of Rs. [...]
The shares of the leading automotive wheel manufacturers gained 19% to ₹700 per share on Tuesday after the company registered a net profit growth of 64% year over year. At 11:20 a.m., Wheels India Ltd shares were trading at ₹685 per share, up 16.39% on the Bombay Stock Exchange from the previous close price. The [...]
The shares of one of the largest specialized Engineering, procurement, and Construction (EPC) companies with a global presence jumped 7 percent in the day’s trade upon signing contracts worth Rs. 7,550 Crores with ARAMCO. With a market capitalization of Rs. 20,533 Crores, the shares of Kalpataru Projects International Limited were trading at Rs. 1,264 up [...]
The shares of the largest manufacturers of transformer core lamination gained up to 19 percent after the company received two purchase order from domestic entity worth up to Rs 3.4 crore. With a market capitalization of Rs 222.00 crore, the shares of Amba Enterprises Ltd were trading at Rs 175.35 per share, increasing around 14 [...]
Shares of this smallcap company locked 5 percent upper circuit after receiving an order for a 70 MWp Captive Solar Power Plant. On a YTD basis, the shares have delivered more than 300 percent returns to its shareholders. With a market capitalization of Rs. 4,768 crores, the shares of Oriana Power Ltd started Tuesday’s trading [...]
Infra stock engaged in the business of civil construction of building roads, bridges, foot overbridges, earthworks, and numerous other Infrastructure constructions hits a 5 percent upper circuit in the day’s trade upon receiving a work order worth Rs. 47.97 Crores from the Western Railways. With a market capitalization of Rs. 1,165 Crores, the shares of [...]
Recently, Bitcoin (BTCUSD) has started to show sensitivity to economic news that typically affects traditional financial assets. This transformation, turning Bitcoin from an unpredictable alternative asset into a more predictable financial instrument, is marked by the emergence of Bitcoin ETFs and increased regulatory pressure. Why is this happening, and what does it mean for the [...]
In recent times, the options market has become one of India's most preferred trading segments. By trading options contracts, you can capitalise on the short-term price movements of underlying an asset. However, with nearly every major stockbroker in the country providing access to the options markets, choosing the right platform can be quite challenging. So, [...]
Hindustan Copper Limited, a Miniratna Category-1 Status Company is a Central Public Sector Undertaking (CPSE) under the administrative control of the Ministry of Mines, Government of India. Hindustan Copper Limited (HCL) is the only vertically integrated copper producer in India, engaged in a wide spectrum of activities ranging from mining, beneficiation, smelting, refining, and continuous [...]
The industrial product industry, valued at approximately $2.5 trillion globally, plays a crucial role in manufacturing and infrastructure. With a projected growth rate of 5.6% annually, it encompasses machinery, tools, and equipment essential for various sectors, driving innovation and economic development worldwide. With a market capitalization of Rs 2,811.43 crore, the shares of Pitti Engineering [...]
The Indian stock market remained open last week on Saturday, that is, 18th May, and conducted a special live trading session to test its ability to withstand unexpected events, while, due to the Mumbai parliamentary elections on Monday, the stock market remain closed. Even though the markets were closed, the listed companies have reported financial [...]
The Pharmaceutical industry has been growing rapidly in recent years due to several factors such as increasing demand for generic drugs, growing healthcare infrastructure, and favourable government policies. The Indian pharmaceutical market continues to clock a growth of 9 to 10 percent. Ace investors in India are known for their expertise in identifying high-growth opportunities [...]
Semiconductor stock which is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer jumped 25 percent in just 2 days after it announced Q4FY24 results and future guidance to achieve 60 percent revenue growth for FY25. With a market capitalization of Rs. 20,741 Crores, the shares of Kaynes Technology India Limited hit a 5 percent [...]
In the trading session of Saturday, the share price of this private sector bank moved up by 0.4 percent on BSE to hit an intraday high at Rs. 77.5, compared to its previous closing price of Rs. 77.24. With a market capitalisation of Rs. 54,759.83 crore, the share price of IDFC First Bank Limited jumped [...]
The Indian alcohol industry, constituting 2% of India's nominal GDP, is a significant contributor to the economy, providing employment opportunities to more than 8 million individuals across various sectors including agriculture, food and beverages, retail, and hospitality. The alcohol industry is experiencing significant growth, driven by increasing incomes, urbanisation, improved availability of products, premium offerings, [...]
