Multibagger stock engaged in the business of operating films, visual effects(VFX) and animation jumped 5 percent in the day’s trade following a second collaboration with KJR Studios to carry on VFX of the movie “Ayalaan 2” At 11:20 a.m the shares of Phantom Digital Effects Limited were trading at Rs. 490.85, up 0.49 percent from [...]
The share price of the small-cap bank rose around 10.2 to hit its 52-week high of ₹187.60 per share from its previous close of ₹169.80 on Tuesday after the company announced its financial result and investor presentation. According to the exchange filing, Karur Vysya Bank has announced its quarterly result and the investor presentation on [...]
Share prices of a leading renewable energy and electric mobility pioneer, moved up by nearly 5 percent in the morning trading session on Tuesday 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. 3,390 crore, shares of Gensol Engineering Ltd [...]
The shares of Asia's largest industrial gearbox manufacturer gained up to 2 percent after the company received a Letter of Intent for awarding a contract of Rs. 82.78 Crores (excluding GST) from ArcelorMittal Nippon Steel India Limited Gujarat. With a market capitalization of Rs 11,798.39 crore, the shares of Elecon Engineering Company Ltd were trading [...]
On Tuesday, the share price of the company rose by 8.5% to its new 52-week high of ₹1,424.65 per share from its previous close of ₹1312.60 after the company announced its financial result and investor presentation for the December quarter. In their exchange filing, Cipla Ltd announced their financial and investor presentation. Their net revenue [...]
Foreign Institutional Investors (FIIs) are large companies that invest in countries other than where their headquarters are located. They are typically associated with fast-developing economies, such as India and China. FIIs can impact the stock price and market sentiment. A higher FII stake is generally interpreted as positive, while a lower FII stake indicates low [...]
The pharmaceutical business is a critical component of the healthcare sector, responsible for drug research, development, manufacture, and distribution. It serves an important role in promoting and preserving public health by studying and developing drugs to prevent, treat, or cure numerous medical disorders. Three pharma stocks with export contribution of up to 89 percent of [...]
The Union Cabinet approved the National Green Hydrogen Mission (NGHM) in January 2023, with an outlay of Rs 19,744 crore, to make India a global hub for the production of this sustainable energy. The six Indian enterprises emerged as successful bidders for incentives to establish facilities to produce electrolysers, a vital component necessary for green [...]
January 22, 2024, is a public holiday in Maharashtra, India. The BSE and NSE were closed for the "Pran Pratishtha" ceremony held at Ayodhya's Ram Mandir. Here are some stocks to keep an eye on for tomorrow's session. Hisar Metal Industries Ltd On October 7, 2023, a fire was reported in one section of the [...]
As per the Reserve Bank of India (RBI), India’s banking sector is sufficiently capitalized and well-regulated. Being one of the fastest-growing Fintech markets in the world, the Indian ‘Fintech’ industry is estimated to be at $150 billion by 2025. The Banking industry has recently witnessed the rollout of innovative models like payments and small finance [...]
A high holding percentage of Foreign Institutional Investors (FIIs) is one of the important parameters that build the confidence of Public (Retail) investors in the company’s stock. Listed below are four stocks with the highest FII holdings as of the quarter ended December 2023: Delhivery Limited With a market capitalization of Rs 29,440.76 crores, the [...]
Polymer and rubber compound makers' shares decreased by 1% on Saturday, however, the business stated today that it has acquired substantial stakes in the "SKY 2.0" Club in Dubai (UAE) for USD 79 million. With a market capitalization of Rs 1,032.54, on Saturday, the shares of Vikas Lifecare Ltd closed at Rs 6.70 per share, [...]
It's interesting to hear that Indian companies have started announcing their quarterly results. The third quarter usually covers the period from October to December of the financial year 2023-24. It will be exciting to see how these companies have performed in that period. Here are the 3 stocks that announced results in the last two [...]
A company is said to be “fundamentally strong” when it portrays a specific set of characteristics such as strong and consistent financials, lower leverage ratios, and many more. Listed below are three such fundamentally strong stocks that are trading at a discount of up to 31 percent from their 52-week high level: Syngene International Limited [...]
The banks listed below have released their financial results for the third quarter of the year. These results include important financial metrics such as revenue, profit, and loss, and they are a good indicator of the banks' overall performance. Union Bank of India Union Bank of India operates in the following industries: banking services, government [...]
In the past 72 hours, three major companies have received orders. These orders could potentially have a significant impact on the company's financial performance and market position. The details of these orders such as the nature of products or services are explained below. Rites Ltd RITES Limited is a public-sector firm and a market leader [...]
Whether it's a coincidence or a divine signal between the numbers, Nifty touched a record high of 22,124, symbolizing the significance of the Ram Mandir, as it translates into 22-1-24 the date of the temple's much-awaited Prana Pratishtha ceremony on January 22, 2024. The excitement around the historic inauguration of the Ayodhya temple has spilled [...]
Small-cap stocks are companies with a market capitalization of less than ₹16,800 crore. These companies may not be as well-known as large-cap companies, but they do provide investors with the opportunity to earn higher returns. Here are three stocks with multi-bagger returns in 3 months. Oriental Rail Infrastructure Ltd Oriental Rail Infrastructure Ltd is a [...]
The price-to-book (P/B) ratio is a financial metric that compares a company's current market value and book value. It is determined by dividing a company's stock price by its book value per share. A price-to-book ratio of less than one could indicate that the stock is undervalued and worth buying. A price-to-book ratio greater than [...]
The Indian Benchmark Indices closed in the green on Friday with the Sensex gaining around 496 points and closing at 71,683.23 and the Nifty 50 index gaining around 160 points and closing at 21,622.40. In the last five trading sessions, the Sensex has, contrary to today’s movement, dipped approximately 1.78 percent while the Nifty 50 [...]
