The shares of the manufacturer and supplier of iron and steel pipes gained up to 4 percent after Nippon India Small Cap Fund and Societe General brought 18 lakh and 2 lakh equity shares, respectively, worth Rs 97.5 crore. With a market capitalization of Rs 17,652.03 crore, the shares of Jindal Saw Ltd were trading [...]
On Friday, the shares of the leading manufacturer of industrial steam turbines surged by 8%, hitting a 52-week high of ₹653.60 per share, following the announcement of robust Q4 results showcasing a 38% year-on-year increase in net profit. At 12:45 p.m., Triveni Turbine Ltd shares were trading at ₹633 per share, up 4.62% on the [...]
Following the announcement of entering into a licensing and supply agreement with MSN Laboratories, the share price of this large-cap pharma stock and a global innovation-driven healthcare company surged by 3.2 percent on BSE to hit an intraday high at Rs. 1,041.1 during the Friday morning trading session. At 10:45 a.m., the shares of Zydus [...]
Following the announcement of securing an order worth Rs. 250 crore, the share price of this small-cap PSU stock surged by 9% on BSE to hit an intraday high at Rs. 4,036 during the morning trading session of Friday. At 11:45 a.m., the shares of BEML Limited were trading in the green at Rs. 3,999.85, [...]
Shares of this smallcap company surged 17 percent in Friday’s trading session after reporting an increase in net profits by 188 percent QoQ. The shares have delivered a multibagger return of 136 percent to its shareholders in one year. With a market capitalization of Rs. 1,678 crores, the shares of Indian Hume Pipe Company Ltd [...]
Financial results for the financial quarter and fiscal year ended March’24 have begun comprising a bunch of companies reporting decent growth in their basic business parameters. Listed below are three stocks under the ‘micro-cap’ category that reported a stellar YoY performance during FY24 as far as the top and bottom-line numbers are concerned: Tara Chand [...]
Semiconductor stock which is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer jumped 15 percent in the day’s trade upon posting its Q4FY24 results with a 97 percent jump in Net Profits. With a market capitalization of Rs. 18,443 Crores, the shares of Kaynes Technologies India Limited were trading at Rs. 2,886.15, up 12.05 [...]
In Friday’s Early trade, the shares of India’s second-largest mobile phone manufacturer surged nearly 10% reaching a 52-week high price of ₹9,064 per share after the company signed an MoU with Acerpure for manufacturing of a range of consumer appliance products. On Friday at 11:30 a.m., Dixon Technologies Ltd. shares were trading at ₹9,006 per [...]
The shares of the telecom product manufacturer gained up to 2 percent after the company received a letter of Intent worth Rs 37.5 Cr for Solar Street light Systems in Bihar. With a market capitalization of Rs 29,427.16 crore, the shares of ITI LTD. were trading at Rs 306.25 per share, increasing around 0.51 percent [...]
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 [...]
