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 [...]
The shares of India’s largest Hydropower generation company fell 6 percent to Rs 68.73 per share on Thursday after the government planned to sell up to a 3.5% stake in the company via OFS for about ₹2,300 crore. At 1.15 p.m., NHPC Ltd shares were quoted at ₹ 69.69 per share, down 4.61 percent from [...]
One of the leading private sector bank share prices hit its 52-week high of ₹29.89 per share from its previous close of ₹28.38 after the company announced its quarterly results. In the exchange filing, the South Indian Bank Ltd announced its financial result for the quarter ended 31 December 2023. Looking at their financial performance [...]
Share prices of a leading manufacturer of large diameter pipes globally hit an all-time high of Rs. 596.4 on Thursday and have gained over 9 percent so far this week. With a market cap of Rs. 15,212 crore, Welspun Corp Limited (WCL) has given over 89 percent returns in the past six months and nearly [...]
Share prices of the largest pharmaceutical company in India moved up by 1.36 percent in the morning trade of Thursday to Rs. 1,317.7 versus its previous close at Rs. 1,299. With a market cap of Rs. 3,15,117 crore, Sun Pharmaceuticals Industries Ltd has given over 23 percent of returns in the past six months and [...]
Shares of this large-cap stock associated with the Information Technology (IT) sector jumped approximately 21 percent in Thursday’s trading session after the company announced financial results for Q3FY23-24, i.e., for the quarter ended December 2023. With a market capitalization of Rs 53,055.14 crores, the stocks of Oracle Financial Services Software Limited started their trading session [...]
The shares of leading Iron and Steel Manufacturers gained up to 1 percent after the company’s net profit and revenue increased by 147 percent and 5 percent respectively YoY in third-quarter results. With a market capitalization of Rs 4,245.34 crore, the shares of Gallantt Ispat Ltd were trading at Rs 176.05 crore in bse, decreasing [...]
The share price of the pharma stock rose by 1% to its intraday high of ₹827.10 per share from its previous close of ₹818.50 on Thursday after the company invested 2 million US dollars in Cellogen Therapeutics Private Limited. According to the exchange filing, NATCO Pharma Limited has invested $2 million in Cellogen Therapeutics Private [...]
The shares of one of the leading real estate developers gained 5.7 % to ₹ 239.80 apiece on Thursday a day after the company board approved the raising of funds through QIP. At 12:25 p.m., DB Realty Ltd shares were quoted at ₹237.65 a share, up 4.76 percent from the previous close price. The company [...]
Shares of this chemical company jumped 7 percent in Thursday’s trading session after securing a 4-year supply contract worth over Rs. 6,000 crores with a multinational conglomerate company. The shares have delivered more than 30 percent returns to its shareholders in six months. With a market capitalisation of Rs. 22,345 crores, the shares of Aarti [...]
The shares of one of the leading non-banking financial companies (NBFC) gains marginally in the day’s trade upon release of Q3FY24 results with a jump in net profit by 28.82 percent YoY to Rs. 423.21 Crores. At 11:30 a.m the shares of IIFL Finance Limited were trading at Rs. 655.05, up 0.71 percent from its [...]
The shares of one of the largest neutral telecom infrastructure providers gained up to 3 percent after the company received the work order from South Central Railway for Works amounting to Rs. 82.41 crore. With a market capitalization of Rs 11,577.85 crores, the shares of Railtel Corporation of India Ltd were trading at Rs 360.75 [...]
On Thursday the share price of the large-cap company fell by 1.5% to its intraday low of ₹2,036.2 from its previous close of ₹2,067.85 after Foreign institutional investors sold 2.87 Lakh equity shares through the bulk deal. Citibank Na sold 2.87 lakh equity shares of Grasim-Re at an average price of ₹347.3 per share, totaling [...]
One of the important aspects for a retail investor to build confidence in a specific company is judged by the Promoter holding of the company. Listed below are three stocks under the ‘micro-cap’ category in which respective Promoter Group members increased their stake during the quarter ended December 2023: Shalibhadra Finance Limited With a market [...]
The return is the total income an investor receives from his or her investment each year, and it is typically stated as a percentage of the initial investment value. When dividends are paid out, the investor often receives a return on his or her investment in stocks or an investment portfolio. Here are the 2 [...]
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. India's Aerospace & Defense Market size was over USD 10 billion in 2016 and is predicted to grow at an estimated [...]
In the dynamic realm of finance, staying abreast of emerging investment opportunities is pivotal for investors, whether seasoned or new to the market. As we step into 2024, the investment landscape continues to be shaped by technological advancements, global trends, and evolving consumer preferences. This article explores the top five investment trends poised to make [...]
Share prices of this large-cap stock engaged in manufacturing specialised electronic equipment requirements of the Indian Defence Services moved up by 1.4 percent to Rs. 188.5 in the morning session on January 17th. With a market cap of Rs. 1,35,706 crore, Bharat Electronics Ltd. (BEL) has given over 46 percent of returns in the past [...]
The international brokerage CLSA has downgraded two-wheeler companies, including Bajaj Auto Ltd and Eicher Motors Ltd after the recent rally in the industry, But upgraded Hero MotoCorp Ltd. While CLSA expects premium bikes to increase from 22.6% in 2023 to 26.9% in 2026, the two-wheeler sector to rise by 10% compounded annual rate in FY [...]
NBFC stock engaged in the business of financing, trading, making investments and many more jumped 2 percent in the day’s trade upon the release of Q3FY24 results with a jump in revenue from operations by 183 percent. With a market capitalization of Rs. 432 Crores, at 12:18 p.m the shares of Kiran Vyapar Limited were [...]
