Chemical stock which is the 3rd largest pigment producer globally with a domestic market share of ~35 percent jumped upto 8 percent in the day’s trade following the launch of its new product Globally. With a market capitalization of Rs. 5,178 Crores, the shares of Sudarshan Chemical Industries Limited were trading at Rs. 749.85, up [...]
Every Nestle Cerelac infant cereal sold in India contains around 2.7 grams of additional sugar per serving, and according to a few reports, Nestle was found adding supplementary sugar to infant food products marketed in less wealthy countries such as India. Nestle’s Cerelac wheat-based cereals for six-month-old infants sold in Germany, France, and the UK, [...]
Shares of this microcap company clocked 5 percent upper circuit in Wednesday’s trading session after receiving a fresh order for Premium Nuts valued at Rs. 110 Million. The shares have delivered more than 70 percent returns to its shareholders in one year. With a market capitalization of Rs. 952 crores, the shares of Vikas Lifecare [...]
The shares of the large-diameter pipes manufacturer gained up to 4 percent after the company received a letter of award for the export of line pipes from India worth Rs 611 crore. With a market capitalization of Rs 14,962.11 crore, the shares of Welspun Corp Limited were trading at Rs 571.55 crore, increasing around 1.67 [...]
Institutional investors aggregate money from various investors and other entities and then invest it in different financial assets. There are two types of Institutional Investors, Foreign Institutional Investors (FIIs), and Domestic Institutional Investors, (DIIs) in India. Whenever foreign investors like Goldman Sachs, Morgan Stanley, HSBC, and others buy or sell the shares of Indian companies, [...]
The shares of the machining and assembly services provider gained up to 13 percent after the company's net profit and revenue increased by 76 percent and 31 percent respectively in the fourth quarter. With a market capitalization of Rs 5,848.43 crore, the shares of Cyient DLM Ltd were trading at Rs 737.45 apiece, increasing around [...]
Multibagger Pharma stock engaged in the marketing and distribution of active pharmaceutical ingredients (API) and finished formulations of pharmaceutical drugs jumped upto 12 percent in the day’s trade upon announcing an Interim Dividend and Bonus Issue in the ratio of 1:3. With a market capitalization of Rs. 1,132 Crores, the shares of Remus Pharmaceuticals Limited [...]
The Government of Singapore is a prominent investor in Indian equities through the foreign institutional investors' platform. As per the latest corporate shareholdings filed, the Government Of Singapore publicly holds 54 stocks with a net worth of over Rs. 249,154.6 crores. Tata Group was founded in the year 1868 by Jamsetji Tata. One of India's [...]
Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicates 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. Public Sector Undertakings (PSU) or Central Public Sector Enterprises (CPSE) in India are government-owned enterprises in which 51 percent [...]
Amit Anil Chandra Shah is the influential Union Home Minister of India and the first Minister of Cooperation since 2021. He is contesting the 2024 Lok Sabha elections from Gandhinagar, Gujarat. His recent affidavit revealed that he and his wife possess assets worth Rs 65.67 crore, a significant increase from Rs 30.49 crore in 2019. [...]
Shares of this microcap company clocked 5 percent upper circuit in Tuesday’s trading session after recording an increase in net profits by 169 percent QoQ. The shares have delivered a multibagger return of 141 percent to its shareholders in one year. With a market capitalization of Rs. 581 crores, the shares of Artson Engineering Ltd [...]
Shares of this EV stock under the ‘mid-cap’ category jumped approximately 11 percent in Tuesday’s trading session after the company’s unit placed a bid to the “Ministry of Heavy Industries” (MHI) under the PLI scheme for ‘Advanced Chemistry Cell’ (ACC) manufacturing in India. In the past month, the company’s stock gained nearly 50 percent for [...]
Share price of this micro-cap IT stock involved in information media and software development hit 20% upper circuit to Rs. 158.9 in Tuesday’s trading session, after the company announced robust financial results for Q4 FY23-24 with a 93% YoY increase in the net profit. With a market capitalisation of Rs. 40.2 crores, the shares of [...]
A personal loan can be a lifesaver in India, helping you manage unexpected expenses, consolidate debt, or finance a dream purchase. But before you dive into the application process, it's crucial to understand your eligibility. Here's a guide to help you calculate your chances of securing a personal loan in India. Understanding the Key Players: [...]
The shares of the enterprise technology solutions provider gained up to 6 percent after the company received a new deal to optimize its production processes using industrial IoT and Oracle Capabilities. With a market capitalization of Rs 8,365.75 crore, the shares of Mastek Ltd were trading at Rs 2,712.25 per share, increasing around 2.39 percent [...]
Navigating the vast and complex world of blockchain technology presents a significant challenge for developers. The sector has grown to encompass countless networks with over a trillion dollars in value, accompanied by an exponential increase in both on-chain and off-chain data. Seamlessly connecting and integrating this expanding blockchain landscape remains a formidable and ongoing task: [...]
Multibagger Penny stock engaged in the business of infrastructure development by providing engineering, procurement, and construction (EPC) services hit a 5 percent upper circuit in the day’s trade upon receiving a work order to redevelop the plot and premises of a Co-operative Housing Society Limited. With a market capitalization of Rs. 285 Crores, the shares [...]
EV stock engaged in the manufacturing of Electric Vehicles for a range of applications for the hospitality, industry, golf courses, and many more in focus upon receiving a grant license to sell its electric vehicles in the state of Delhi. With a market capitalization of Rs. 1,474 Crores, the shares of Mercury Ev-Tech Limited were [...]
Share price of this Birla Group stock engaged in the business of securities broking hit a 5% upper circuit to Rs. 128.65 in Tuesday’s trading session, after the company announced strong financial results for Q4 FY23-24, with a 124 percent YoY growth in the net profit. With a market capitalisation of Rs. 727 crores, Aditya [...]
SBI Mutual Fund, a prominent player in India's mutual fund industry, offers a diverse range of investment solutions catering to various investor needs. With a strong track record and a wide distribution network, SBI Mutual Fund aims to provide investors with opportunities for wealth creation and financial growth. Here are the stocks in which the [...]
