Shares of this smallcap company surged 7 percent in Friday’s trading session after reporting an increase in net profits by 567 percent YoY. The shares have delivered a multibagger return of 165 percent to its shareholders in one year. With a market capitalization of Rs. 2,018 crores, the shares of Mishtann Foods Ltd started Friday’s [...]
The shares of one of India's premier warship-building firms gained 4.4 percent reaching an intraday peak of ₹1,034.20 per share after the company received an order worth $16.58 million from the government of Bangladesh. At 11:05 a.m., on Friday’s trade, Garden Reach Shipbuilders & Engineers Ltd shares were trading at ₹1,004.65 per share, up 1.39 [...]
Diversification is a key facet of a robust investment portfolio. Investors can diversify by investing in multiple securities within the same asset class – such as debt or equity. However, even broader diversification can be achieved by spreading investments across multiple asset classes. A multi asset allocation fund offers this to investors. The fund is [...]
A company is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics, viz, strong and consistent financial performance, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock associated with the ‘Semiconductor’ industry that one could add to their watchlist for a potential upside of 35 percent: [...]
In simple words,Battery Energy Storage Systems (BESS) are like power banks on a large scale. They store electricity from sources like the grid or renewable sources like solar panels, and then release it as needed. This helps balance the grid, provides backup power, and improves overall stability. Battery storage can be used in many ways [...]
Shares of this microcap company surged around 10 percent in Thursday’s trading session after reporting an increase in net profit by 88 percent in FY24. With a market capitalization of Rs. 895 crores, the shares of Vasa Denticity Ltd started Thursday’s trading session on higher note at Rs. 515 compared to its previous close of [...]
Telecom stock engaged in providing Telecommunication solutions to Telecom Network Operators hits 10 percent upper circuit upon signing a revenue-sharing agreement with Bharat Sanchar Nigam Limited (BSNL). With a market capitalization of Rs. 375 Crores, the shares of Sar Televenture Limited hit a 10 percent upper circuit at Rs. 250.15, from its previous day’s close [...]
Share price of a leading Indian aerospace and defence company hit a new 52-week high on BSE at Rs. 4,654.55 on Thursday, after reporting a rise in net profit by 241.5 percent QoQ and 52.2 percent YoY. With a market capitalisation of Rs. 3.09 lakh crore, the shares of Hindustan Aeronautics Limited (HAL) moved up [...]
Multibagger stock engaged in the business of manufacturing and supplying dairy and food products like Buffalo Ghee, Indian Spices, Refined Groundnut Oil and many more hit a 5 percent upper circuit upon posting its Q4FY24 results with 469 percent jump in Net Profit. With a market capitalization of Rs. 178.43 Crores, the shares of Jhandewalas [...]
Share price of one of the largest low-income housing finance companies in India hit a new 52-week high on BSE at Rs. 358.5 in the trading session of Thursday, following bulk deals worth more than Rs. 142 crore via open market transactions. With a market capitalisation of Rs. 15,186.2 crore, at 01:22 p.m., the shares [...]
Infra stock primarily engaged in the business of undertaking the construction of industrial and commercial buildings, roads, and many more jumped 9 percent in the day’s trade upon posting its Q4FY24 results with a 18 percent jump in Net Profits. With a market capitalization of Rs. 17,138 Crores, the shares of NCC Limited were trading [...]
Shares of this microcap company surged 15 percent in Thursday’s trading session after bagging Rs. 90.2 crores Award for Rail Over Bridge Construction in Uttar Pradesh. With a market capitalization of Rs. 217 crores, the shares of K2 Infragen Ltd started Thursday’s trading session on a higher note at Rs. 158 compared to its previous [...]
The shares of one of the leading pharmaceutical firms gained marginally to ₹1,414.30 per share, following investments from DII and FII after the promoter group sold a 2.53% stake for ₹2,600 crore. At 1:55 p.m., Cipla Ltd. shares were trading at ₹1,408.10 per share on the National Stock Exchange, up 0.15 percent from the previous [...]
US inflation in April 2024 increased by a smaller margin than anticipated, indicating a continuation of the downward trend. This development has bolstered Wall Street's outlook for a potential interest rate cut by the US Federal Reserve in September, aligning with market expectations. According to data released by the Labor Department's Bureau of Labor Statistics [...]
Following the announcement of land acquisition, the share price of this small-cap realty stock hit a 5% upper circuit on BSE to Rs. 655.35 in the morning trading session of Thursday, compared to its previous closing price of Rs. 624.15. With a market capitalisation of Rs. 1,619.55 crore, Kesar India Limited has delivered multibagger returns [...]
Multibagger stock which is a pioneering cables & wires company, specializing in low-voltage cables hits a 2 percent upper circuit in the day’s trade upon posting its Q4FY24 results with a 2,438 percent YoY jump in Net Profits. With a market capitalization of Rs. 340 Crores, the shares of Delton Cables Limited hit a 2 [...]
After reporting a decline in net profit by 80.3 percent QoQ, the share price of this small-cap PSU stock and one of India's leading private sector players in phosphatic fertilisers moved down by 3.8 percent on BSE to hit an intraday low at Rs. 69 in the trading session of Thursday. With a market capitalisation [...]
In Thursday's early trade, the shares of a prominent integrated automation and software solution provider surged by 7.7%, hitting a 52-week high of ₹53,000 per share. This increase followed the company's announcement of a remarkable 32% year-on-year growth in net profit and a dividend payout of ₹100 per share. At 12:05 a.m., Honeywell Automation India [...]
Shares of this automotive components manufacturing company jumped around 3 percent in Thursday’s trading session after reporting an increase in net profits by 39 percent YoY. The shares have delivered more than 80 percent returns to its shareholders in one year. With a market capitalization of Rs. 5,444 crores, the shares of Pricol Ltd started [...]
Penny stock engaged in trading, manufacturing, and marketing research-based ayurvedic medicines, oral care & personal care products jumped upto 4 percent in the day’s trade upon receiving a work order worth Rs. 1.65 Crores. With a market capitalization of Rs. 42 Crores, the shares of Veerhealth Care Limited were trading at Rs. 20.60, up 0.49 [...]
