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 [...]
The shares of this ceramic tile manufacturer surged by 17% following the strong growth in net profit of 39% year-on-year. At 11:30 a.m., Somany Ceramics shares were trading at ₹720 per share, up 15.87% on the National Stock Exchange from the previous close price. The company has a market capitalization of ₹2,964 crore. Somany Ceramics [...]
Shares of the leading company in specialty films for flexible packaging, laminating, labeling, and industrial sectors surged by 4.6% to ₹608.50 per share on Thursday, following a robust 36% increase in net profit quarter on quarter. At 10:55 a.m., Cosmo First Ltd shares were trading at ₹603.60 per share, up 3.80% on the Bombay Stock [...]
Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicate a positive outlook on the company's performance, management, and prospects, thereby leading to speculation of expected future growth and upcoming changes in the company. People choose penny stocks because of the allure of potentially high returns, the ability to buy a large number [...]
Shares of this freight wagons manufacturing company surged upto 7 percent in Thursday’s trading session after reporting an increase in net profits by 64 percent YoY. The shares have delivered a multibagger return of 150 percent to its shareholders in one year. With a market capitalization of Rs. 15,877 crores, the shares of Titagarh Rail [...]
March’24 results are on a roll and top Brokerage houses have initiated coverages on a lot of companies based on their past performance trajectory, future outlook, capex plans, revenue mix, and many other essential factors. UBS, a multinational diversified financial services company, has recently initiated coverage on two of the chemical sector stocks, including ‘Navin [...]
Shares of this large-cap company jumped around 5 percent in Wednesday’s trading session after reporting an increase in net profits by 119 percent QoQ. In one year, the shares have delivered around 60 percent returns to its shareholders. With a market capitalization of Rs. 57,021 crores, the shares of Oberoi Realty Ltd started Wednesday’s trading [...]
Majority of Public and Private-sector Banks have published their Q4FY24 results, and various Brokerages, based on the total income levels, NPAs, and interest margins, have provided various share price targets. Listed below is one such Public-sector Bank stock under Rs 300 in which a Domestic Brokerage gave a ‘Buy’ call with a potential upside of [...]
The Domestic benchmark equity indices, closed on a mixed note today after a rangebound session. Sensex declined by 117.58 points, closing at 72,987.03, while the Nifty index closed 17.30 points lower at 22,200.55. The Nifty Bank index fell by 172 points to 47,687, and on a contesting note, the Midcap index rose 34.85 points, closing [...]
The shares of the food grains exporter hit 20 percent upper circuit of Rs 82.80 apiece after the company has set up a new food processing unit in Madhya Pradesh. With a market capitalization of Rs 83.09 crore, the shares of MRP Agro Ltd closed at Rs 82.80 apiece, increased around 20 percent as compared [...]
On Wednesday, Dixon Technologies Ltd. shares closed at ₹8,102 per share, up ₹0.46, or 37.40 percent, from the previous close price. The company has a market capitalization of ₹48,237 crore. Dixon Technologies Ltd announced a consolidated net profit of ₹97 crores for the quarter ending March 2024 (Q4FY24), marking a 21% rise from ₹80 crores [...]
The shares of the adhesive tape manufacturer gained up to 16 percent after the company announced a joint venture agreement with SJ Korea Co. Ltd to promote their product in india as well as globally. With a market capitalization of Rs 186.67 crore, the shares of Srivasavi Adhesive Tapes Ltd closed at Rs 131.70 per [...]
