Shares of this midcap company jumped up to 5 percent in Friday’s trading session after reporting a 79 percent increase in net profits during Q3FY24. The shares have delivered more than 60 percent return to its shareholders in one year. With a market capitalisation of Rs. 38,222 crores, the shares of Poonawalla Fincorp started Friday’s [...]
Multibagger stock engaged in the business of trading and distributing different premium fruits, spices, etc jumped 8 percent in the day’s trade upon the announcement of the record date for the stock split. At 12:12 p.m the shares of Growington Ventures India Limited were trading at Rs. 181.35, up 5.28 percent from its previous day’s [...]
The shares of this multi-disciplinary EPC company gained up to 5 percent after the company received a work order for the development of a Water Supply and Sewerage System worth Rs 478.93 Crores. With a market capitalization of Rs 2,637.71 crore, The shares of EMS Ltd were trading at Rs 475.00 per share, increasing around [...]
Shares of this penny stock hit the 20 percent upper circuit in Friday’s trading session after the company announced robust financial results for Q3FY23-24, viz, for the quarter ended December 2023. With a market capitalization of Rs 141.89 crores, the stocks of BLB Limited started their trading session on Friday at Rs 24.49 and currently [...]
Shares of Maharatna company rose 2.5% to ₹ 436.20 apiece after the Ministry of New and Renewable Energy nominated the company to execute a 40,000 MW Rooftop Solar (RTS) program by 2026. At 12.05 p.m., REC Limited shares were trading at Rs 435.35 a share on the National stock exchange, up 2.39 percent from the [...]
On Friday the stock price of the small-cap company rose by 1.7% to its intraday high of ₹123.5 per share from its previous close of ₹121.4 after the company received orders worth ₹5.3 crores from the Ministry of Defence. As per the exchange filing, the Ministry of Defence's Naval Headquarters has placed an order with [...]
The shares of one of the leading integrated national logistical solutions providers jump 5 percent in the day’s trade upon the release of Q3FY24 results with a jump in Net profit by 89.96 percent. At 11:00 a.m the shares of Shreeji Translogistics Limited were trading at Rs. 53.82, up 3.16 percent from its previous day’s [...]
One of the top department stores released its investor presentation and quarterly results, but the company's stock fell 2.73 percent to ₹683.30 on Friday at 11.00 a.m. from its closing price of ₹702.5. Shoppers Stop Ltd reported its financial results for the quarter ended December 31, 2023, as well as its investor presentation, in an [...]
The shares of this multinational pharmaceutical company gained up to 2.5 percent after the company entered into an exclusive licensing and supply agreement for Palbociclib Tablets for the US market. With a market capitalization of Rs 72,610.46 crore, the shares of Zydus Lifesciences Ltd were trading at Rs 717.35 per share, increasing around 1.20 percent [...]
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 [...]
