by Trade Brains | May 10, 2024 | 12:00 pm | News, Trending News
Despite reporting a rise in net profit by 31.1 percent QoQ and 55.7 percent YoY, the share price of this FMCG stock moved down by 2.5 percent on BSE to hit an intraday low at Rs. 228.25 in the morning trading session of Friday, compared to its previous closing price of Rs. 234.1. With a [...]
by Trade Brains | May 10, 2024 | 11:39 am | News, Trending News
Shares of this small-cap company fell around 4 percent in Friday’s trading session after reporting a decline in net profits by 43 percent. The shares have delivered a mutibagger return of 155 percent in one year to its shareholders. With a market capitalization of Rs. 1,749 crores, the shares of Servotech Power Systems Ltd started [...]
by Trade Brains | May 10, 2024 | 11:26 am | News, Stock Updates
The shares of the leading footwear company gained up to 2 percent after the company’s net profit and revenue increased by 56 percent and 5 percent QoQ respectively in the fourth quarter. With a market capitalization of Rs 21,162.27 crore, the shares of Relaxo Footwears Ltd were trading at Rs 850.10 per share, increasing around [...]
by Trade Brains | May 10, 2024 | 11:18 am | News, Trending News
The Shares of this pharmaceutical company experienced a 4.8% surge, reaching ₹26,760.75 per share on Friday, following the announcement of robust Q4 results, which included a dividend of ₹410 per equity share. At 10:45 a.m., Abbott India Ltd shares were trading at ₹26,180 per share, up 2.42% on the National Stock Exchange from the previous [...]
by Trade Brains | May 10, 2024 | 11:05 am | News, Trending News
Auto Ancillary stock engaged in the business of manufacturing Agriculture machinery, Construction & Material Handling Equipment, Railway equipment, and many others jumped 3 percent in the day’s trade upon posting its Q4FY24 results with a 16 percent jump in Net Profits. With a market capitalization of Rs. 38,665 Crores, the shares of Escorts Kubota Limited [...]
by Trade Brains | May 10, 2024 | 10:46 am | News, Trending News
The compound annual growth rate (CAGR) is the annualized average rate of growth in revenues of a company between two given years with an assumption that the growth takes place at an exponentially compounded rate. Listed below are three small-cap stocks that exhibited a compounded annual growth rate in revenues of up to 120 percent [...]
by Trade Brains | May 10, 2024 | 10:26 am | Editor's Pick, News
In FY24-25, the Indian automobile industry witnessed a notable upswing, marked by a 12.5% surge in domestic sales over the preceding year. This expansion was fueled by strong economic fundamentals, supportive government initiatives, and a growing emphasis on sustainability practices like ethanol blending and the adoption of electric vehicles (EVs). Jefferies Group stands as a [...]
by Trade Brains | May 9, 2024 | 5:22 pm | News, Trending News
Indian Benchmark Indices were on a bearish tone from the past couple of trading sessions with the Sensex dipping 2,563.25 points (3.42 percent) in the last five trading sessions and closing today at 72,404.17. In addition, the Nifty 50 index, keeping the timeframe the same, reduced by 833.15 points (3.66 percent) and closed at 21,957.50. [...]
by Trade Brains | May 9, 2024 | 5:11 pm | News, Trending News
Incorporated in 1997, Reliance Naval and Engineering Ltd is engaged in the construction of vessels, repairs and refits of ships and rigs and heavy engineering. It was the first private sector company in India to obtain a license and contract to build warships. Reliance Naval & Engineering Ltd shares were suspended from trading on the [...]
by Trade Brains | May 9, 2024 | 4:54 pm | News, Trending News
Share price of this small-cap NBFC stock moved up by 8.8 percent on BSE to hit an intraday high at Rs. 626.8 in the trading session of Thursday, after reporting Q4 results with a rise in net profit by 59.4 percent YoY and revenue from operations by 42 percent YoY. With a market capitalisation of [...]
by Trade Brains | May 9, 2024 | 4:47 pm | News, Trending News
Logistics stock engaged in the business of providing logistics and supply chain solutions like freight forwarding, customs clearance and many more jumped 4 percent in the day’s trade upon receiving work orders worth Rs. 78 Crores. With a market capitalization of Rs. 586 Crores, the shares of S J Logistics Limited closed at Rs. 404.95, [...]
by Trade Brains | May 9, 2024 | 4:40 pm | News, Trending News
Nomura Holdings Inc. is a global Financial Services Group with an integrated network spanning 30 regions and countries. The Group acts as market makers, trading in equity & fixed income securities, including interest rates, currencies, derivatives, and other structured products. Recently, Nomura initiated coverage on the Defence sector with a buy rating, as the international [...]
by Trade Brains | May 9, 2024 | 4:30 pm | News, Stock Updates
Micro-Cap stock engaged in the business of processing and supplying a wide range of seeds in focus upon receiving a work order worth Rs. 10 Crores from DCM Shriram Limited With a market capitalization of Rs. 92 Crores, the shares of Vishwas Agri Seeds Limited were trading at Rs. 91.55, down 2.55 percent from its [...]
by Trade Brains | May 9, 2024 | 4:22 pm | News, Trending News
Shares of this large-cap company fell around 3 percent in Thursday’s trading session despite signing an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Limited. The shares have delivered more than 90 percent to its shareholders in one year. With a market capitalization of Rs. 3,38,365 crores, the shares of NTPC Ltd started Thursday’s [...]
by Trade Brains | May 9, 2024 | 4:05 pm | News, Trending News
The shares of the non-ferrous metal products manufacturer gained up to 3 percent after the company’s board approved the investment in its subsidiary worth Rs 4.15 crore. With a market capitalization of Rs 421.70 crore, the shares of Shera Energy Ltd were trading at Rs 185 per share, decreasing around 0.56 percent as compared to [...]
by Trade Brains | May 9, 2024 | 4:00 pm | Articles
As the cost of medical treatment increases at an alarming rate, people are becoming more aware of the importance of health insurance plans. Having a base Mediclaim plan is a prudent financial decision for small medical expenses, however, a major health issue can severely affect one’s financial stability. This is why Super Top-up Health Insurance Plans are becoming essential [...]
by Trade Brains | May 9, 2024 | 3:54 pm | News, Trending News
The share price of this leading wine producer dropped by 9 percent to a day’s low of ₹ 493.25 per share after the company's Q4 net profit declined 4.9% to ₹13.55 crore. At 2:50 p.m.,Sula Vineyards Ltd shares were trading at ₹495.95 per share, down 8.45 percent on the National Stock Exchange. The company has [...]
by Trade Brains | May 9, 2024 | 3:39 pm | News, Trending News
Share price of a two and three-wheeler manufacturer globally jumped by 5.7 percent on BSE to hit an intraday high at Rs. 2,121.3 in the trading session of Thursday, after reporting Q4 results with a rise in net profit by 35.8 percent YoY and revenue from operations by 22.4 percent YoY. With a market capitalisation [...]
by Trade Brains | May 9, 2024 | 3:28 pm | News, Trending News
Despite reporting a rise in net profit by 39.5 percent QoQ and 24 percent YoY, the share price of this large-cap stock and one of India’s leading infrastructure company moved down by 6.2 percent on BSE at Rs. 3,269.5 in the trading session of Thursday, compared to its previous closing price of Rs. 3,485.2. With [...]
by Trade Brains | May 9, 2024 | 3:10 pm | News, Trending News
Shares of this penny stock under Rs 20 hit its 5 percent upper circuit in Thursday’s trading session after the company’s Board of Directors (BOD) scheduled a meeting to consider and approve fundraising. With a market capitalization of Rs 163.56 crores, the stocks of S.A.L. Steel Limited started their trading session on Thursday at Rs [...]