by Trade Brains | May 6, 2024 | 3:55 pm | News, Trending News
The Indian Public Sector Undertaking (PSU) stocks have been experiencing a significant surge in FY24 and attracting investor attention due to various factors driving their performance. The PSU space in India is witnessing impressive returns across diverse sectors like energy, defence, and infrastructure, with some stocks delivering multibagger returns. In recent periods, the PSU stocks [...]
by Trade Brains | May 6, 2024 | 3:36 pm | News, Stock Updates
The shares of petroleum products producers fell up to 9 percent despite the company’s net profit increased by 190 percent in the fourth quarter. With a market capitalization of Rs 40,099.46 crore, the shares of Mangalore Refinery And Petrochemicals Ltd were trading at Rs 228.80 per share, decreasing around 8 percent as compared to the [...]
by Trade Brains | May 6, 2024 | 3:31 pm | News, Stock Updates
Penny stock which is one of the leading players in brass parts manufacturing, including Brass Fittings, Brass Forging Equipment, and many more in focus upon receiving an order worth Rs. 4 Crores and launching two new brands in the African markets. With a market capitalization of Rs. 240 Crores, the shares of Sprayking Limited were [...]
by Trade Brains | May 6, 2024 | 3:23 pm | News, Stock Updates
Share price of this large-cap bank stock and one of India's leading financial services conglomerates moved up by 5.5 percent on BSE to hit an intraday high at Rs. 1,633 on the trading session of Monday, after reporting a rise in the net profit by 22% YoY and 25% QoQ. With a market capitalisation of [...]
by Trade Brains | May 6, 2024 | 3:08 pm | News, Trending News
The shares of this ethanol manufacturer gained 8.7 percent to ₹223.20 per share on Monday after the company received a grant to set up a 250 KLPD Capacity ethanol plant in Assam. At 2:20 p.m., Gulshan Polyols Ltd. shares were trading at ₹206.90 a share, a 0.73 percent increase over the previous close price. The [...]
by Trade Brains | May 6, 2024 | 2:34 pm | News, Trending News
Multibagger Penny stock engaged in the construction and development of Affordable Housing Projects and various infrastructure projects hit a 2 percent upper circuit in the day’s trade upon posting its Q4FY24 results with a 27,575 percent YoY jump in Net Profits With a market capitalization of Rs. 436 Crores, the shares of Nila Infrastructures Limited [...]
by Trade Brains | May 6, 2024 | 2:23 pm | News, Trending News
Shares of this smallcap company surged 15 percent in Monday’s trading session after reporting an increase in net profits by 121 percent YoY. The shares have delivered a multibagger return of 257 percent in one year to its shareholders. With a market capitalization of Rs. 4,127 crores, the shares of Anup Engineering Ltd started Monday’s [...]
by Trade Brains | May 6, 2024 | 2:16 pm | News, Trending News
A shares of this prominent chemical manufacturing company gained 7%, reaching a 52-week high of ₹2,620 per share on Monday after Morgan Stanley recommended a buy call on the stock with an upside of 22%. At 12:25 p.m. on the National Stock Exchange, Deepak Nitrite Ltd. shares were trading at ₹2,545 per share, up ₹100.60 [...]
by Trade Brains | May 6, 2024 | 1:34 pm | News, Trending News
The shares of the micro-cap company hit 5 percent upper circuit of Rs 132.25 apiece after the company signed a memorandum of understanding with Africa Negoce Industries (ANI). With a market capitalization of Rs 54.10 crore, the shares of Prospect Commodities Ltd were trading at Rs 132.25 per share, increasing around 5 percent as compared [...]
by Trade Brains | May 6, 2024 | 1:23 pm | News, Trending News
India’s largest depository which provides depository services, data processing services, and Others jumped 4 percent in the day’s trade upon posting its Q4FY24 results with a 105 percent jump in Net Profits and announcing a special and final dividend for FY24. With a market capitalization of Rs. 22,530 Crores, the shares of Central Depository Sevices [...]
by Trade Brains | May 6, 2024 | 1:07 pm | News, Stock Updates
Shares of this multibagger penny stock jumped approximately 3 percent in Monday’s trading session after the company successfully secured an order from “Uttar Pradesh Cooperative Federation Limited” (PCF) for packet tea. In the last five trading sessions, the company’s stock gained more than 20 percent for its stakeholders. With a market capitalization of Rs 50 [...]
by Trade Brains | May 6, 2024 | 12:57 pm | News, Trending News
Shares of this large-cap company fell around 2 percent in Monday’s trading session despite signing a Power Purchase Agreement (PPA) with an Indian Public Sector Undertaking (PSU), for a 460 MW Firm and Dispatchable Renewable Energy. With a market capitalization of Rs. 1,43,199 crores, the shares of Tata Power Company Ltd started Monday’s trading session [...]
by Trade Brains | May 6, 2024 | 12:40 pm | News, Trending News
Following the announcement of securing different orders from Indian Farmers Fertiliser Cooperative Limited (IFFCO), these two drone stocks witnessed an increase in share prices during the morning trading session of Monday. IFFCO signed orders with both companies in an effort to increase agricultural productivity and efficiency. Paras Defence and Space Technologies Limited With a market [...]
by Trade Brains | May 6, 2024 | 12:25 pm | News, Stock Updates
The shares of the distribution & power transformer manufacturer hit 2 percent upper circuit of Rs 53.32 apiece after the company received the work order from various North Eastern States worth Rs 9 crore. With a market capitalization of Rs 746.48 crore, the shares of Marsons Ltd were trading at Rs 53.32 per share, increasing [...]
by Trade Brains | May 6, 2024 | 12:10 pm | News, Trending News
On Monday, the stock price of a prominent renewable energy company surged by 5 percent, reaching an intraday high of ₹1,963.95 per share, following the company’s announcement to consider a stock split on May 13. During Monday's early trading session at 11:40 a.m., KPI Green Energy Ltd. shares were valued at ₹1,946.95 each, marking a [...]
by Trade Brains | May 6, 2024 | 11:57 am | News, Trending News
Shares of this smallcap company clocked 5 percent lower despite announcing an increase in net profits by 58 percent YoY. The shares have delivered a multibagger return of 235 percent to its shareholders in one year. With a market capitalization of Rs. 8,686 crores, the shares of Zen Technologies Ltd started Monday’s trading session on [...]
by Trade Brains | May 6, 2024 | 11:49 am | News, Trending News
Shares of this multibagger green energy stock under the ‘mid-cap’ category jumped up to 5 percent in Monday’s trading session after the company announced financial results for Q4FY24, i.e., for the financial quarter ended March 2024. In the last month, the company’s stock has gained nearly 10 percent for its stakeholders. With a market capitalization [...]
by Trade Brains | May 6, 2024 | 11:40 am | News, Trending News
The shares of the engineering and digital services provider fell up to 5 percent after the company’s net profit and revenue decreased respectively in the fourth quarter. With a market capitalization of Rs 42,406.56 crore, the shares of Tata Technologies Ltd were trading at Rs 1,044.75 per share, decreasing around 4 percent as compared to [...]
by Trade Brains | May 6, 2024 | 11:20 am | News, Trending News
The Birla group stock, which specializes in cement manufacturing, climbed 7.6% to attain ₹1,678 per share after the company disclosed a 127% year-on-year surge in net profit. At 10:55 a.m., On Monday, Birla Corporation Ltd. shares were trading at ₹1,624 a share on the National Stock Exchange, up 4.21 percent, and the company has a [...]
by Trade Brains | May 6, 2024 | 11:11 am | News, Trending News
Micro-Cap stock engaged in the business of manufacturing and processing more than 32 types of Spices under the brand names DOUBLE HATHI and MAHARAJA hit a 20 percent upper circuit upon posting its Q4FY24 results with a 78 percent jump in Net profits. With a market capitalization of Rs. 205 Crores, the shares of Madhusudhan [...]
