In the second half of 2023, Foreign Portfolio Investors (FPIs) infused close to $8 billion into the Indian equity market, with significant buying in the secondary markets in November and net selling in September. The offloading of holding the FII can impact the stock price and the company's ownership structure. Here are some of the [...]
With a market cap of Rs. 48,498 crore, this company is amongst the world’s leading providers of design-led technology services and announced its financial results for Q3 FY23-24, that is, for the quarter ended December 2023. Shares of Tata Elxsi Ltd opened at Rs. 8,000 on January 24 from its previous close of Rs. 8,195.7. [...]
Identifying companies with robust financial performance is crucial for investors. One such important key financial metric is net profit margin which measures how much net income is generated as a percentage of revenues received. Recently, many IT companies released their financial results (standalone and consolidated) for the third quarter and nine months ended 31st December [...]
Tata Capital Ltd, the flagship financial services company of the Tata Group, has announced the launch of Education Loans for those seeking funding to pursue higher education in India, USA, Canada, UK, Australia, New Zealand, Germany, Singapore and Dubai (UAE). This loan is for those who wish to pursue Undergraduate, Postgraduate, Masters programs in Science, [...]
The shares of one of the leading and largest integrated logistics services providers jumped 2 percent in the day’s trade following the extension of its operations to Akshaya Patra Foundation. The shares of Delhivery Limited closed at Rs. 400.35, up 2.59 percent from its previous day’s close price of Rs. 390.25 and its market capitalization [...]
The share price of the leading Company in the Media & Entertainment Industry gained 10% to a 52-week high price of ₹421.40 apiece on Wednesday after the company reported strong December quarter results. On Wednesday, Tips Industries Lt shares closed at ₹415 per share, up 8.48 percent from the previous close price on the exchange. [...]
Shares of this brokerage firm jumped 12 percent in Wednesday’s trading session after reporting an increase in net profits by 193 percent YoY. The shares have delivered a multibagger return of 117 percent to its investors in six months. With a market capitalization of Rs. 25,547 crores, the shares of Motilal Oswal Financial Services Ltd [...]
Share prices of this company engaged in providing a wide range of banking and financial services dropped by 12.6 percent on Wednesday to Rs. 233.1, after the company announced its financial results for Q3 FY23-24, that is, for the quarter ended December 2023. With a market cap of Rs. 8,476 crore, shares of Karnataka Bank [...]
The shares of Maharatna Central Public Sector Enterprise with an Indian market share of 42 percent across its portfolio, jumped 3 percent following robust Q3FY24 results with a jump in Net Profits by 936.17 percent YoY. At 3:20 p.m the shares of Indian Oil Corporation Limited closed at Rs. 144.20, up 3.78 percent from its [...]
Despite a 5% and 26% increase in net profit and revenue, respectively, in Q3FY24, the third largest private sector bank's shares declined by 6% YoY. With a market capitalization of Rs 3.25 lakh crore, the shares of Axis Bank Ltd were trading at Rs 1,056.60 per share, decreasing around 3 percent as compared to the [...]
The shares of leading Electrical Wires & Cables manufacturer surged 9 percent to ₹3,290 per share on wednesday’s second half of trade after the company reported strong quarter results. At 2:38 p.m., KEI Industries Ltd shares were quoting at ₹3,274.35 per share, up 8.52 percent from the previous close price on the exchange. The company [...]
Gold trading has evolved to become increasingly available to individuals seeking investment opportunities. As a beginner, selecting the right trading platform is critical for a successful beginning in this dynamic market. One medium that stands out for beginners is PU Prime. Gold trading is one of the most glamorous trips for investors. It is a [...]
Shares of this radio broadcasting services providing company jumped around 5 percent after reporting an increase in net profits by 595 percent in net profits QoQ. The shares have delivered more than 50 percent returns to its shareholders in one year. With a market capitalization of Rs. 667 crores, the shares of Music Broadcast Ltd [...]
The shares of one of the leading automotive systems and components manufacturers jumped 3 percent in the day’s trade upon announcing an interim dividend and Q3FY24 results with a jump in net profits by 24 percent. At 1:40 p.m the shares of Sona Blw Precision Forgings Limited were trading at Rs. 592, up 2.08 percent [...]
The shares of this hospitality and Catering company gained up to 7 percent after the company’s net profit and revenue increased by 37 percent and 21 percent respectively YoY in the third quarter. With a market capitalization of Rs 1,264.90 crore, the shares of Benares Hotels Ltd were trading at Rs 9,751.95 per share, increasing [...]
In an era in which online privacy and safety are the top priority, a Virtual private network or VPN has become crucial for internet users. Although there are several paid VPNs, not all individuals feel ready to pay for such kind. Luckily, several free VPN services can provide very reasonable levels of security and anonymity. [...]
The company's share price rose by 5.6% on Wednesday from its previous close of ₹217.05 to an intraday high of ₹229.25 per share after CCI approved the Burman family's acquisition of a 5.27% stake in the business through the open market. As per the CCI report, entities connected to the Burman family, who own Dabur [...]
Share prices of this small cap in the business of development and sale of real estate, hit a new all-time high on Wednesday at Rs. 249.4, after the company announced its financial results for Q3 FY23-24, that is, for the quarter ended December 2023. With a market cap of Rs. 5,732 crore, shares of Puravankara [...]
The shares of this fintech company gained up to 8 percent after the company’s net profit and revenue increased by 153 percent and 47 percent respectively in the third quarter. With a market capitalization of Rs 2,573.81 crore, the shares of Ugro Capital Ltd were trading at Rs 277.95 per share, increasing around 2.83 percent [...]
One of the leading promotional marketing agency engaged in the business of ideation, conceptualization, designing, etc of promotional products jumped 6 percent in the day’s trade upon receiving export orders worth 7.70 Lakh USD. At 12:26 p.m the shares of Pramara Promotions Limited were trading at Rs. 148, up 5.53 percent from its previous day’s [...]
