by Trade Brains | May 14, 2024 | 11:38 am | News, Trending News
On Tuesday's early trade, the manufacturer of Active Pharmaceutical Ingredients (API) saw its stock price rise by 12% to ₹581.80 per share following the company's announcement of a robust 57% year-on-year increase in net profit. At 11:15 a.m., Aarti Pharmalabs Ltd shares were trading at ₹582.60 per share, up 12% on the National Stock Exchange [...]
by Trade Brains | May 14, 2024 | 11:27 am | News, Trending News
Penny stock engaged in the business of manufacturing and selling unplasticized polyvinyl chloride (UPVC) pipes and fittings hits 5 percent upper circuit in the day’s trade upon posting its Q4FY24 results with a 122% YoY jump in Net Profits. With a market capitalization of Rs. 284.63 Crores, the shares of Captain Pipes Limited hit a [...]
by Trade Brains | May 14, 2024 | 11:15 am | News, Trending News
The shares of the crop fertilizer manufacturer gained up to 1.4 percent after the company’s subsidiary announced the acquisition of drone manufacturing company Dhaksha Unmanned Systems Private Limited stake worth Rs 150 crore. With a market capitalization of Rs 35,788.07 crore, the shares of Coromandel International Ltd were trading at Rs 1,215.45 per share, increasing [...]
by Trade Brains | May 14, 2024 | 11:04 am | Editor's Pick, News
Foreign institutional investors (FIIs) are institutional investors who make significant investments in assets located in a nation other than their home country. Here are a few companies in which the Foreign institutional investors have increased their holdings in April 2024. JSW Energy Limited With a market capitalisation of Rs. 1.03 lakh crore, the share price [...]
by Trade Brains | May 14, 2024 | 10:31 am | News, Trending News
Pharma stock engaged in the business of manufacturing and exporting APIs, Intermediates, and formulations jumped upto 16 percent in the day’s trade upon posting its Q4FY24 results with a 1,130 percent jump in Net Profits. With a market capitalization of Rs. 702 Crores, the shares of IND Swift Laboratories were trading at Rs. 118.70, up [...]
by Trade Brains | May 14, 2024 | 9:42 am | News, Trending News
The cement industry remains a cornerstone of construction, with global production surpassing 4 billion metric tons annually. India, the world's second-largest cement producer, accounts for over 8% of the global output. The sector in India is expected to grow at a CAGR of 5-6%, reaching 600 million metric tons by 2025. With a market capitalization [...]
by Trade Brains | May 13, 2024 | 5:06 pm | News, Trending News
Share price of this small-cap PSU stock jumped by 15.7 percent on BSE to hit an intraday high at Rs. 3,714.3 in the trading session of Monday, after reporting a rise in net profit by 433 percent QoQ and 63 percent YoY. With a market capitalisation of Rs. 15,323.5 crore, the shares of BEML Limited [...]
by Trade Brains | May 13, 2024 | 5:02 pm | News, Trending News
Shares of this multibagger Navratna stock jumped up to 3 percent in Monday’s trading session after the company signed a Memorandum of Understanding (MoU) with SITCO for the construction and development of a Multi-Modal Transportation Hub. In the last month, the company’s stock gained more than 10 percent for its holders. With a market capitalization [...]
by Trade Brains | May 13, 2024 | 4:54 pm | News, Trending News
On Monday, the shares of Kotak Mahindra Bank were trading at Rs 1,633.15 per share, up 0.16% on the national stock exchange. The company has a market capitalization of Rs 3,24,726 crore. Kotak Mahindra Bank is a diversified financial services group that provides retail banking, treasury and corporate banking, investment banking, stock brokerage, vehicle finance, [...]
by Trade Brains | May 13, 2024 | 4:43 pm | News, Trending News
Shares of this microcap company jumped around 2 percent in Monday’s trading session after securing a contract to supply Steamed Basmati Rice. The shares have delivered more than 60 percent returns to its shareholders in six months. With a market capitalization of Rs. 837 crores, the shares of Sarveshwar Foods Ltd started Monday’s trading session [...]
by Trade Brains | May 13, 2024 | 4:19 pm | News, Trending News
Multibagger stock engaged in offering brokerage services, clearing services, depository services, and many more jumped 8 percent in the day’s trade upon posting its Q4FY24 results with a 203 percent jump in Net Profits. With a market capitalization of Rs. 1,858 Crores, the shares of SMC Global Securities Limited were trading at Rs. 164.20, up [...]
by Trade Brains | May 13, 2024 | 4:11 pm | News, Stock Updates
The shares of the agriculture solution provider gained up to 7 percent after the company’s revenue increased by 41 percent and net loss decreased by 95 percent QoQ in the fourth quarter. With a market capitalization of Rs 39,839 crore, the shares of UPL Ltd were trading at Rs 530.90 per share, increasing around 6 [...]
by Trade Brains | May 13, 2024 | 4:04 pm | News, Stock Updates
Share price of this large-cap stock hit a new 52-week high on BSE at Rs. 8,025 in the trading session of Monday, after reporting a rise in net profit by 35.6 percent QoQ and 87.5 percent YoY. With a market capitalisation of Rs. 1.67 lakh crore, the share price of ABB India Limited moved up [...]
by Trade Brains | May 13, 2024 | 3:44 pm | News, Trending News
Shares of this penny stock hit the 2 percent upper circuit after a Foreign Institutional Investor (FII) bought an additional 0.61 percent stake in the company on Friday, 10th May 2024, via a Bulk Deal. In the past month, the company’s stock gained nearly 65 percent for its holders. With a market capitalization of Rs [...]
by Trade Brains | May 13, 2024 | 3:27 pm | News, Trending News
Shares of this smallcap company fell around 2 percent in Monday’s trading session despite receiving an order worth Rs. 73.14 crores from the Inland Waterways Authority of India. With a market capitalization of Rs. 1,348 crores, the shares of Knowledge Marine & Engineering Works Ltd started Monday’s trading session on a higher note at Rs. [...]
by Trade Brains | May 13, 2024 | 3:19 pm | News, Stock Updates
The shares of the leading sanitaryware product manufacturer gained up to 6 percent after the company’s net profit and revenue increased by 47 percent and 24 percent QoQ, respectively, fourth quarter. With a market capitalization of Rs 9,260.18 crore, the shares of Cera Sanitaryware Ltd were trading at Rs 7,120.00 per share, increasing around 5.53 [...]
by Trade Brains | May 13, 2024 | 3:11 pm | News, Trending News
Shares of this Jindal Group stock under the ‘small-cap’ category are in focus after a well-known Investment Bank and Mutual Fund, on 10th May 2024, bought a stake in the company via a Block Deal. Year-to-date, the company’s stock has gained nearly 25 percent for its holders. With a market capitalization of Rs 16,675.18 crores, [...]
by Trade Brains | May 13, 2024 | 3:03 pm | News, Trending News
The shares of the leading manufacturer of commercial vehicles gained traction this week after Jefferies gave its 'buy' recommendation to an upside of 29 percent. At 2:15 p.m., on the National Stock Exchange, Eicher Motors Ltd. shares were trading at Rs 4,652.85, down Rs 4.80 or 0.10 percent from the previous close. Eicher Motors Limited [...]
by Trade Brains | May 13, 2024 | 2:52 pm | News, Trending News
Shares of this large-cap telecom company fell around 1 percent in Monday’s trading session despite announcing a collaboration with Google Cloud to deploy Generative AI Solutions. The shares have delivered more than 60 percent to its shareholders in one year. With a market capitalization of Rs. 7,66,374 crores, the shares of Bharti Airtel Ltd started [...]
by Trade Brains | May 13, 2024 | 2:12 pm | News, Trending News
Share price of this large-cap FMCG stock and a key player in the beverage industry jumped 2.3 percent on BSE to hit an intraday high at Rs. 1,496 on Monday, after reporting a rise in net profit by 281 percent QoQ and 25 percent YoY. With a market capitalisation of Rs. 1.85 lakh crore, Varun [...]