A “Monopoly’ market is a scenario where a single seller/producer assumes a dominant position in an industry or a sector. Listed below is one such monopoly stock in which Mutual Funds trimmed their stake during Q3FY23-24, viz, during the quarter ended December 2023: Multi Commodity Exchange Of India Limited With a market capitalization of Rs [...]
A company of a ‘fundamentally strong’ nature showcases a specific set of characteristics such as strong & consistent financials, low leverage ratios, and many more. Listed below is one such fundamentally strong stock associated with the ‘semiconductor’ industry in which Foreign Institutional Investors (FIIs) increased their stake in Q3FY23-24, i.e., during the quarter ended December [...]
Share price of the world’s 4th largest manufacturer of buses experienced positive movement on Thursday, rising by 1.34 percent and closing the trading session at Rs. 173.55, up from its previous closing price of Rs. 171.4. With a market cap of Rs. 51,045 crore, Ashok Leyland Limited has given about 0.26 percent returns in the [...]
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 [...]
January 2024 has been a volatile month for the Indian stock market, touching its lifetime high to plunge to a major low, as IT and bank stocks struggled to rise on the benchmark indexes. On January 18, the benchmark Sensex was down by 757.36 points, settling at 70,751.77, while the Nifty faced a decline of [...]
The shares of the leading automotive manufacturer gained 1.5% to ₹ 1,623.15 apiece from the previous close price after its subsidiary signed a contract with Airbus to supply 5000 metallic components. Mahindra & Mahindra Ltd shares closed in green with a gain of 1.18% to ₹ 1,618 apiece on Thursday. The company has a market [...]
Share price of this large-cap IT firm hit a new 52-week high of Rs. 7,897.6 on January 18th. However, it experienced a decline of more than 2 percent during the morning session, dropping to Rs. 7,562 at 10:00 am on Thursday. With a market cap of Rs. 59,109 crore, Persistent Systems Ltd. has given over [...]
Multibagger stock engaged in the business of designing and building highly engineered products for Aerospace, Hydraulic, Metallurgy and many more jumped 13 percent from the day’s low upon signing an agreement related to Falcon X. The shares of Dynamatic Technologies Limited closed at Rs. 5,745, up 9.41 percent from its previous day’s close price of [...]
Realty stock engaged in the business of providing residential, rented commercial properties, project development and many more jumped 17 percent in the day’s trade following a new redevelopment project in Bandra West. At 3:05 p.m the shares of Ajmera Realty & Infra India Limited were trading at Rs. 580, up 14.82 percent from its previous [...]
The shares of India's largest real estate developers gained up to 6 percent after the company launched a new ‘Wellness’ themed plotted development project. With a market capitalization of Rs 5,447.33 crore, the shares of Puravankara Ltd were trading at Rs 229.70 per share, increasing around 3.35 percent as compared to the previous closing price [...]
The shares of Leading automotive OEM manufacturers gained 5% to Rs 389.55 apiece after Minda Corporation exited its entire stake in the company. The company belongs to the Small-cap category with a market capitalization of Rs 4,624 crores. At 3:15 p.m, the company shares were trading at ₹ 378.35 apiece, up 1.86 percent from the [...]
On Thursday, the share price of the company rose 2% to its intraday high of ₹955.05 per share from its previous close of ₹936.75 after the company plans to raise ₹250 crores from the preferential issue of equity shares. Nazara Technologies Limited, a gaming and sports media platform, plans to raise INR 250 crores through [...]
Shares of this microcap company clocked 2 percent upper circuit in Thursday’s trading session after announcing quarterly results and the issuance of bonus shares. The shares have delivered more than 35 percent returns to its investors in one year. With a market capitalisation of Rs. 227 crores, the shares of DRC Systems India Ltd started [...]
Multibagger stock engaged in the business of manufacturing and trading polymer, rubber compounds, additives for plastics and many more jumped 7 percent from the day’s low after it made a acquisition for Rs. 1 Billion to venture into a new segment. At 11.56 a.m the shares of Vikas Lifecare Limited were trading at Rs. 6.95, [...]
The shares of this financial solution provider gained up to 5 percent after the company entered into an agreement with Torrent Gas Limited to implement the Close Loop Fleet Program worth Rs. 200 Crore. With a market capitalization of Rs 2,642.78 crore, the shares of Zaggle Prepaid Ocean Services Ltd were trading at Rs 216.10 [...]
On Thursday the smallcap stock rose by 5.2% to its intraday high of ₹312.65 per share from its previous close of ₹297.10 after the company announced its quarterly results for the December month. According to the exchange filing, the Som Distilleries Breweries & Wineries Ltd announced its financial result for the quarter ended 31 December [...]
Shares of this microcap company clocked 5 percent upper circuit in Thursday’s trading after reporting an increase in net profits by 285 percent YoY. The shares have delivered more than 60 percent return to its investors in one year. With a market capitalisation of Rs. 178 crores, the shares of Surana Solar Ltd started Thursday’s [...]
Shares of this small-cap infra stock hit the 2 percent upper circuit in Thursday’s trading session after the company successfully bagged an order for the construction of a 4-lane bypass worth Rs 267 crores. With a market capitalization of Rs 1,000 crores, the stocks of GPT Infraprojects Limited opened their trading session on Thursday hitting [...]
Multibagger Miniratna PSU engaged in shipbuilding, ship servicing jumped 12 percent over the last 5 trading days as Hon’ble Prime Minister of India, Shri Narendra Modi, inaugurated the new facilities of Cochin Shipyard Limited to expand and strengthen India’s fleet capacity. The shares of Cochin Shipyard Limited were trading at Rs. 859.75, up 1.25 percent [...]
The shares of this global manufacturer of engineered systems gained up to 3 percent after the company’s subsidiary received an order of USD 1.2 million for the supply of construction equipment. With a market capitalization of Rs 2,659.51 crore, the shares of Uniparts India Ltd were trading at Rs 589.25 per share, increasing around 1.31 [...]
