The Indian IT industry has become a crucial sector for the country's economy, with IT companies providing technology-related services and solutions to businesses and organizations. Some of the key benefits of investing in the best IT stocks in India include high growth potential, strong financials of top companies, global exposure, attractive dividend yields, and high [...]
Parag Parikh Flexi Cap Fund is an open ended dynamic Equity scheme investing across large cap, mid cap, small cap Stocks, to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. The Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities. The Parag [...]
Revenue growth refers to the increase in a company's total income over a specific period, often measured quarterly or annually. It reflects the effectiveness of a company's business operations, sales strategies, and market demand for its products or services. Sustainable revenue growth is crucial for enhancing profitability and shareholder value. Here are the 3 stocks [...]
Leading global investment banking, securities, and investment management firm Goldman Sachs Group, Inc. offers a broad variety of financial services to a substantial and diverse clientele that consists of corporations, financial institutions, governments, and individuals. The company was founded in 1869 and has its headquarters in New York, with offices in all of the world's [...]
The President of India holds shares on behalf of the Government of India, as the government holds majority ownership in public sector undertakings (PSUs) for the purpose of nation-building and economic advancement, rather than for profit maximization. As per the latest corporate shareholdings filed, the President Of India publicly holds 78 stocks with a net [...]
Vesuvius India Ltd is primarily engaged in the manufacturing and trading of refractory goods. It also provides services in relation to refractory goods. It has operations in India and caters to both domestic and international markets. The promoter group of Vesuvius India Ltd is the Vesuvius Group, which is based in the UK. The Vesuvius [...]
Shares of this mid-cap stock associated with the EV sector are in focus after the company announced robust results for Q4FY24, i.e., for the quarter and financial year ending March 2024. In the past year, the company’s stock gained nearly 30 percent for its stakeholders. With a market capitalization of Rs 36,688.17 crores, the stocks [...]
Penny stocks are quite popular with small investors because of their potential for huge gains. These stocks are priced very low, and such companies have low market capitalization as well. These stocks are often illiquid, meaning they are traded in lower quantities compared to other stocks. While there is a perception that penny stocks can [...]
Banks play a pivotal role in capital formation by providing loans to investors, thus removing capital deficiency and converting dormant money into active capital through interest payments to customers. The Net Interest Margin is one of the metrics that signifies the profitability, efficiency, and performance of a bank by measuring and comparing the interest income [...]
CAGR, or Compound Annual Growth Rate, is a crucial financial metric used to measure the annualized growth rate of an investment over a specified period. It provides a smooth representation of growth, factoring in compounding effects. Widely utilized in assessing business performance and investment returns, CAGR offers insights into long-term trends. Here are the 3 [...]
A brokerage issued a buy recommendation on the shares of India's largest manufacturer of grey cement and white cement producers, projecting a potential upside of 25%. Ultratech Cement Ltd, a part of Aditya Birla Group. The company operates in the white business of manufacturing cement and ready-mix concrete. Its core activities revolve around the manufacturing [...]
The Indian ‘Food Delivery’ industry is poised for significant growth in the upcoming financial years and is expected to reach a valuation of $18.1 billion by FY25, showing a compounded annual growth rate (CAGR) of 12.2 percent from $10.2 billion five years ago. Some of the most important growth drivers include the increased internet and [...]
The Indian railway sector in 2024 presents a compelling investment opportunity with the potential for growth and stability. With a vast network and historical significance, the Indian Railways is a crucial part of the country's transportation system. The sector is undergoing dynamic changes driven by government investments, technological advancements, and increasing demand. Foreign Institutional Investors [...]
Financial results for the financial quarter and year ending March’24 are on the roll, and along with the same, various Brokerage houses are coming up with aggressive stock price targets based on the company’s expectations for future financial performance and other guidance provided. Listed below is one fundamentally strong stock present under Adani Group’s portfolio [...]
Revenue in the IT Services market is projected to reach US$26.45bn in 2024, and it is expected to show an annual growth rate (CAGR 2024-2028) of 12.98 percent, resulting in a market volume of US$43.09bn by 2028. IT Outsourcing dominates the market with a projected market volume of US$10.51bn in 2024. Here are some of [...]
Shares of this Drone service and training company clocked 5 percent upper circuit in Tuesday’s trading session after joining hands with Drone Soccer Association India to introduce Drone Soccer in India. With a market capitalization of Rs. 649 crores, the shares of Drone Destination Ltd started Tuesday’s trading session on a higher note at Rs. [...]
The shares of the financial service provider gained up to 8 percent after the company’s net profit and revenue increased by 30 percent and 24 percent YoY, respectively in the fourth quarter. With a market capitalization of Rs 12,808 crore, the shares of KFin Technologies Ltd closed at Rs 749.65 per share, increasing around 6.36 [...]
IT stock engaged in the business of software product development including designing and delivering end-to-end software solutions covering the entire spectrum of software services jumped upto 12 percent in the day’s trade upon posting its Q4FY24 results with a 54 percent jump in Net Profits. With a market capitalization of Rs. 13,275, the shares of [...]
Share price of this mid-cap NBFC stock moved up by 4.13 percent on BSE to hit an intraday high at Rs. 509 in the trading session of Tuesday, after reporting the highest-ever net profit by 83% YoY and 25% QoQ. With a market capitalisation of Rs. 38,301.5 crore, at 01:45 p.m. the shares of Poonawalla [...]
Shares of this microcap company jumped upto 3 percent in Tuesday’s trading session after signing a deal with one of the largest broadcasting networks. In one month, the shares have delivered more than 40 percent returns to its shareholders. With a market capitalization of Rs. 64 crores, the shares of Inspire Films Ltd started Tuesday’s [...]
