The term “Return on Capital Employed” (RoCE) is generally referred to as a financial ratio that can be used to assess a company's profitability and capital efficiency. The ratio can help one understand how well a company is generating profits from its capital put to use. RoCE is one of several profitability ratios that stakeholders, [...]
The domestic benchmark indices soared around 1.5 percent in the afternoon on March 28 on track to end the financial year 2023-24 positively. The Nifty 50 closed the day’s trading 203.20 points or 0.92 percent higher at 22,326.90. At the same time, Sensex ended 655.04 points higher to finish the session at 73,651.35. Listed below [...]
This week, the leading petrochemical producer in India saw increased traction, accompanied by a 3 percent rise in its stock price, following a buy recommendation from Goldman Sachs on the stock, projecting an upside potential of 51 percent by FY26. Reliance Industries Ltd. is in the business of energy, petrochemicals, natural gas, retail, telecommunications, mass [...]
The company belongs to the small-cap category with a market capitalization of Rs 664 crore. On March 28, company shares closed at Rs 665 per share, down 1.24 percent from the previous close price on the stock exchange. Oriental Carbon & Chemicals (OCCL) manufactures insoluble sulphur, an essential compound used as a vulcanization agent in [...]
The NIFTY 50 is a benchmark stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE) In FY24 the Nifty 50 index grew by 30 percent by adding 5,246 points from 17,080.70 levels at the end of FY23, to 22,326.90 levels on March [...]
The company is an integrated power plant equipment manufacturer engaged in the design, engineering, manufacture, erection, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, including power, transmission, industry, transportation, renewable energy, oil & gas, and defence. Bharat Heavy Electricals Ltd (BHEL) has received orders [...]
Appliance repair plays a vital role in both enhancing our quality of life and supporting environmental and economic health. In a city marked by its historic significance and modern vibrancy, maintaining our appliances is not just about convenience; it's a commitment to sustainability and cost-saving. Repairing appliances, from refrigerators to air conditioners, extends their life, [...]
The Indian Pharmaceutical industry has experienced significant growth and a positive outlook in 2023. The sector has expanded its global footprint, with India being the largest provider of generic medications worldwide, occupying a 20 percent share of the global supply by volume. The pharmaceutical industry has been growing rapidly in recent years due to several [...]
Are you considering a trading app to boost your business? The mere thought of coding might send shivers down your spine. That's where no-code solutions come in. They're like a superhero for your trading business, allowing you to bring your ideas to life without any coding knowledge. No-code agencies specialize in using these solutions to [...]
Multibagger defence stock engaged in the business of designing, developing and manufacturing sub-systems jumped 13 percent in the day’s trade upon receiving a work order worth Rs. 385.58 Crores from Bharat Electronics Limited. With a market capitalization of Rs. 5,738 Crores, the shares of Astra Microwave Products Limited were trading at Rs. 604.35, up 11 [...]
The shares of India’s largest private thermal power producer firm gained 2 percent to ₹ 527 per share after the company signed an investment agreement with Reliance Industries for a 500 MW power purchase agreement. At 12:25 p.m., Adani Power Ltd. shares were trading at ₹524.95 per share, up ₹8.40 or 1.63 percent from the [...]
Shares of this penny stock engaged in the business of manufacturing specialty chemicals jumped up to 4 percent in Thursday’s trading session after the company’s wholly-owned subsidiary successfully bagged its largest-ever export order worth Rs 165 million. In the past year, the company’s stock has gained over 50 percent for its holders. With a market [...]
Share prices of a global data analytics company on Thursday moved up by 6.91 percent on BSE to Rs. 493.7 from its previous close of Rs. 461.75, after the company announced an acquisition. With a market cap of Rs. 9,742.3 crore, at 01:44 p.m. the shares of Latent View Analytics Limited were trading in the [...]
A company that manufactures yarn and garments hit 2 percent upper circuit to an intraday high of ₹74.75 per share on the second half of Thursday’s trade after the board approved the stock split in the ratio of 1:10. Vardhman Polytex Ltd. belongs to the micro-cap category with a market capitalization of ₹205 crore. At [...]
Share price of this healthcare stock moved up by nearly 2.58% on BSE to Rs. 648.75 in the trading session of March 28th, compared to its previous close of Rs. 632.4, after a large bulk deal via open market transactions. With a market capitalisation of Rs. 6,529.6 crores, at 01:10 p.m. the shares of Vijaya [...]
Share prices of both the small-cap stocks jumped after two different foreign investors bought stake in the companies. One of the foreign investors is the Smallcap World Fund, a California-based venture capital firm that invests in the public equity markets across the globe. While the other Invesco Mutual Fund is a leading independent global investment [...]
Shares of this defence company jumped 2 percent in Thursday’s trading session after receiving an order from Adani Power worth Rs. 4,000 crores. The shares have delivered a multibagger return of 252 percent returns to its shareholders in one year. With a market capitalization of Rs. 86,059 crores, the shares of Bharat Heavy Electricals Ltd [...]
Shares of this smallcap company jumped around 2 percent in Thursday’s trading session after the board approved setting up a Free Trade Warehousing Zone. The shares have delivered a multibagger return of 120 percent to its shareholders in one year. With a market capitalization of Rs. 4,119 crores, the shares of Balmer Lawrie & Company [...]
Shares of this mid-cap pharma stock jumped approximately 3 percent in Thursday’s trading session after becoming the first ‘Generics’ company to receive approval for a ‘Diabetes’ Drug in the United Kingdom. In the past year, the company’s stock has gained more than 30 percent for its holders. With a market capitalization of Rs 31,713.85 crores, [...]
A manufacturer of detonators, explosives, and related equipment, saw a 20 percent rise in its shares to ₹453.35 on Thursday trade after signing an MoU with Squarespace Builders for land worth ₹3,402 crore GOCL Corporation Ltd is a small-cap stock with a market valuation of ₹2,122 crore On Thursday. At 12:05 p.m., Its shares were [...]
