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, [...]
Motilal Oswal Flexi Cap Fund is an open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks with an investment objective to achieve long term capital appreciation by primarily investing in equity & equity related instruments across sectors and market-capitalization levels. The Motilal Oswal Flexi Cap Fund has delivered a return [...]
Investing in the defence shares offers financial growth due to its steady demand, government backing and long-term contractual commitments and the government’s focus on import substitution, indigenization, and export growth has significantly propelled the defence industry, leading to a 15 percent compound annual growth rate (CAGR) in the turnover of India’s defence industry. Listed below [...]
On Saturday’s trade, the shares of India's premier online insurance and lending product aggregator company closed at Rs 1,360 per share, gaining 2% from the previous close price on the exchange. PB Fintech Ltd, popularly known as Policy Bazar, is India’s largest online platform for insurance and lending products through its flagship brands - Policybazaar [...]
Piotroski score, named after Stanford accounting professor Joseph Piotroski, is a number between ‘0’ and ‘9’ used to assess the strength of a company’s financial position. Financial investors use the score to find the best-value stocks. Listed below are stocks under Rs. 100 with a high Piotroski Score of upto 9: Patel Engineering Ltd With [...]
Dixon Technologies Limited is the largest company engaged in manufacturing products in the consumer durables, lighting, and mobile phone markets in India. Dixon Technologies Ltd, the world's fourth-largest and India's biggest LED light manufacturer, has seen its shares rise by 15% in the last month and gain 39% year-to-date. The company's diverse product portfolio includes [...]
On, Saturday, the shares of the largest paint contractor hit 5 percent upper circuit after the company’s net profit and revenue increased by 30 percent and 13 percent in H2FY24, respectively, and also announced the issue of bonus shares in 1:1 ratio. With a market capitalization of Rs 83.11 crore, the shares of Siddhika Coatings [...]
Telecom stock specializing in wireless network coverage and transmission solutions,in fous upon receiving a work order from L&T Technology Services worth Rs. 7.4 Crores. With a market capitalization of Rs. 409 Crores, the shares of Frog Cellsat Limited closed at Rs. 264.90 in Saturday’s trading session gaining 3.36 percent from its previous day’s close price [...]
Nirmal Bang, regulated by the Securities and Exchange Board of India (SEBI), is a prominent indigenous brokerage company in India. In recent years, it has earned a good reputation in the Indian capital markets with its robust operational strategies and professional business acumen. Top Brokerage Company In recent years, the Indian capital markets have demonstrated [...]
The metal recycling and lead manufacturing industry plays a vital role in sustainability efforts, recycling approximately 150 million metric tons of metal annually. Lead manufacturing, a significant component, generates over 11 million metric tons yearly, supplying various sectors such as construction, automotive, and electronics. This industry fosters environmental responsibility while meeting the global demand for [...]
While analyzing any stock, research institutions consider various financial ratios to evaluate a company's financial health and performance. Two of the prime ratios focused on by analysts are Return on Equity (RoE) and Return on Capital Employed (RoCE). The Return on Equity (RoE) and the Return on capital employed (RoCE) are valuable tools for evaluating [...]