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 [...]
Share prices of one of India’s leading real estate developers, were down marginally in the opening trade at Rs. 2,298 on Wednesday, while its previous close was Rs. 2,304.15. With a market cap of Rs. 64,271, the shares of Godrej Properties Ltd. (GPL) at 9:24 am, were down by 0.22 percent or Rs. 5 quoting [...]
Reliance Industries Limited is an Indian multinational business with its headquarters in Mumbai, Maharashtra. Dhirubhai Ambani created it in 1958, and his son, Mukesh Ambani, leads it now. Its businesses include petrochemicals, refining, oil and gas exploration, retail, telecommunications, and media. The corporation is one of India's greatest conglomerates, with a vast network of subsidiaries, [...]
Share prices of this largecap stock in the infrastructure developers & operators sector hit a new 52-week high at Rs. 3,614.45 on January 17, while its previous close of Rs. 3,573.5. With a market cap of Rs. 4,89,387 crore, Larsen & Toubro Ltd. has given over 44 percent of returns in the past six months [...]
Benchmark indices Sensex and Nifty were down by nearly 2 percent and there is a sense of panic on the Street. The fall is in line with the weakness in global markets, as investors were assuming that the Fed would start cutting rates soon. But now the signal coming from some of the Fed members [...]
Microcap stock engaged in the business of designing and constructing civil and defence infrastructures jumped 7 percent in the day’s trade, upon receiving a prestigious work order worth Rs. 39.50 Crores. At 2:53 p.m the shares of Rkec Projects Limited were trading at Rs. 84.55, up 6.89 percent from its previous day’s close price of [...]
Shares of this Broking stock under the ‘mid-cap’ category slipped 1.50 percent in Wednesday’s trading session despite the company reporting robust results for the financial quarter ended December 2023. With a market capitalization of Rs 24,966.41 crores, the stocks of ICICI Securities Limited started their trading session on Wednesday at Rs 798.85 and currently trade [...]
Shares of this fintech company clocked 10 percent upper circuit in Wednesday’s trading session after announcing the acquisition of 51 percent stake in a telecom company. In just 5 trading sessions, the shares have given around 20 percent returns to their shareholders. With a market capitalisation of Rs. 263 crores, the shares of MOS Utility [...]
Infrastructure stock rose 3% to an intraday high price of Rs 764 per share after the company emerged as a lower bidder for an order value of ₹ 630.90 crore. At 3:05 p.m, on Wednesday, PSP Projects Ltd shares were trading at Rs 738.10 per share, down 0.58 percent from the previous close price. The [...]
Shares of this PSU company jumped around 3 percent in Wednesday’s trading session after signing a Memorandum of Understanding (MoU) with Indian Overseas Bank. The company was recently listed at Rs. 50 per share i.e., 56.25 percent higher than the issue price of Rs. 32. With a market capitalisation of Rs. 32,925 crores, the shares [...]
The shares of this multibagger rail stock jumped more than 4 percent in Wednesday’s trading session after the company formed a new Joint Venture (JV) company for Solar EPC Projects within India and abroad. With a market capitalization of Rs 48,601.82 crores, the stocks of Rail Vikas Nigam Limited (RVNL) opened their trading hour on [...]
The shares of leading manufacturers of metal components gained up to 10 percent after the company’s subsidiary signed a long-term purchase agreement for the supply of a full range of titanium-cast parts. With a market capitalization of Rs 9,847.04 crore, the shares of PTC Industries Ltd were trading at Rs 7,253.65 per share, increasing around [...]
The shares of the leading power equipment manufacturer gained around 5 percent to hit a 52-week high price of Rs 213.20 per share on Wednesday after the At 1:55 p.m., Bharat Heavy Electricals Ltd(BHEL) shares were quoted at Rs 207.90 per share, up 2.46 percent from the previous close price. The company has a market [...]