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Hotel stock jumps 6% after reporting 97% QoQ increase in net profits; Also announces ₹ 2,000 Cr QIP

Hotel stock jumps 6% after reporting 97% QoQ increase in net profits; Also announces ₹ 2,000 Cr QIP

This International High-end Hotel Chain's shares rose up to 6 percent after the business reported a 97 percent and 18 percent QoQ growth in net profit and sales in the third quarter, respectively, and announced a Rs 2,000 crore fundraising through qualified institutional placement.  With a market capitalization of Rs 15,692.16 crore, the shares of [...]
Charting Your Course to a Business Loan: An Expert’s Step-by-Step Guide

Charting Your Course to a Business Loan: An Expert’s Step-by-Step Guide

Securing a loan is a pivotal moment for success in the ever-evolving business landscape. This guide offers a thorough yet accessible blueprint for entrepreneurs seeking financial backing via a business loan. Here is everything you need to know about the business loan and business loan interest rate. 1. Assessing Your Business Needs Embarking on the [...]
Pharma stock jumps after signing license agreement with a Beijing based company

Pharma stock jumps after signing license agreement with a Beijing based company

Shares of this pharmaceutical company jumped around 2 percent in Thursday’s trading session after signing a license agreement with Jiangsu Alphamab Biopharmaceuticals and 3D Medicines (Beijing). The shares have delivered a multibagger return of 127 percent to its shareholders in one year.  With a market capitalization of Rs. 25,562 crores, the shares of Glenmark Pharmaceuticals [...]
Defence stock jumps 4% after receiving an order worth ₹ 1,070 Cr from Ministry of Defence 

Defence stock jumps 4% after receiving an order worth ₹ 1,070 Cr from Ministry of Defence 

Miniratna PSU which engaged in the construction, repair, and refurbishment of warships and submarines jumped 4 percent in the day’s trade upon receiving work orders worth Rs. 1,070 Crores.  At 11:18 a.m the shares of Mazagon Dock Shipbuilders Limited were trading at Rs. 2,391.70, up 2.77 percent from its previous day’s close price of Rs. [...]
Miniratna stock jumps 11% after its net profits increases by 93% YoY; Also receives ₹ 162.73 Cr order

Miniratna stock jumps 11% after its net profits increases by 93% YoY; Also receives ₹ 162.73 Cr order

The shares of one of the leading neutral telecom infrastructure providers rose up to 11 percent after receiving a work order for the supply and implementation of integrated infrastructure worth Rs. 162.73 crore and announcing strong third-quarter results.  With a market capitalization of Rs 13,286.85 crore, the shares of Railtel Corporation of India Ltd were [...]
IT stocks with net profit margin of more than 25% to add to your watchlist 

IT stocks with net profit margin of more than 25% to add to your watchlist 

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 rolls out Education Loans, provides 100% financing of academics 

Tata Capital rolls out Education Loans, provides 100% financing of academics 

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, [...]
Midcap stock jumps 12% after company’s net profits increases by 193% YoY; Announces ₹ 14 dividend 

Midcap stock jumps 12% after company’s net profits increases by 193% YoY; Announces ₹ 14 dividend 

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 [...]
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