The shares of one of the leading Indian manufacturers of electronic sub-systems and cable harnesses gained 6 percent to Rs 390 per share after the company launched QIP to raise funds. With a market capitalization of Rs 3,640 crores, DCX Systems Ltd belongs to the small-cap category. At 12:17 p.m, the stock was quoting at [...]
The shares of this real state company gained up to 1.04 percent after the company and its subsidiary received work order from three domestic clients worth Rs 215.57 crore. With a market capitalization of Rs 16,648.20 crore, the shares NBCC (India) Ltd were trading at Rs 92.49 per share, increasing around 0.82 percent as compared [...]
Shares of this gold jewellery manufacturing company clocked 20 percent upper circuit in Tuesday’s trading session after announcing the quarterly results. The shares have delivered more than 80 percent returns in six months to its shareholders. With a market capitalisation of Rs. 132 crores, the shares of Golkunda Diamonds & Jewellery Ltd started Tuesday’s trading [...]
On Tuesday the share price of the small-cap company rose by 4.6% to its intraday high of ₹1,119.9 per share from its previous close of ₹1,070.2 per share after the company planned to raise funds through QIP. According to the exchange filing, Shakti Pumps India Ltd announced on Monday that its board of directors will [...]
Multibagger stocks are companies that have delivered returns of more than 100 per cent. Here are some of the stocks that have doubled the investor's money by delivering multi-bagger returns in 25 trading sessions. VL E-Governance & IT Solutions VL E-Governance & IT Solutions is engaged in the business of providing a wide range of [...]
Cash flow from operations is the section of a company's cash flow statement that represents the amount of cash generated (or consumed) over time from carrying out its operating activities. A significant amount of cash generated by a company's core business operations, such as sales, inventory management, and expense control, is referred to as a [...]
Share prices of India’s largest power utility moved up by 1.49 percent and opened at Rs. 315 from its previous close of Rs. 312.65. The reason behind this increase in the share price was due to the signing of two initial pacts announced on Friday to set up two green hydrogen projects in Gujarat by [...]
A rally in IT stocks kept benchmark indices on a higher note for the second consecutive day. While the S&P BSE Sensex was up over 750 points and closed the day above 73,300 levels, the NSE Nifty 50 was up 160 points and closed the day above 21,400 apiece. Indian IT companies have started releasing [...]
Shares of a leading integrated power utility company hit its lowest in 5 days at Rs. 987.10 and moved down by 0.36 percent to Rs. 1,009.95 in the morning session from its previous close of Rs. 1,013.55. India’s Torrent Power plans to raise Rs. 750 crore to pay off its debt through the sale of [...]
The automotive sector in India is a key driver of economic growth and provides employment to millions. With rising disposable incomes and easier access to financing, car ownership in India is projected to rise substantially over the next decade. This presents lucrative investment opportunities in auto stocks that are well-positioned to capitalize on the industry's [...]
“Preferential Issue” is a scenario where listed as well as unlisted companies raise funds by way of issuing equity shares or convertible securities to a select group of investors. Listed below are two companies whose Board of Directors (BOD) approved fundraising by way of preferential issue: Radhe Developers (India) Limited With a market capitalization of [...]
The shares of the largest carbon black manufacturer gained up to 8 percent after the company announced third-quarter results and declared an Interim Dividend. With a market capitalization of Rs 10,406.64 crore, the share of PCBL Ltd closed at Rs 275.70 per share, increased around 3.65 percent as compared to the previous closing price of [...]
If you’re new to investing, you should get familiar with mutual fund jargon. This would help understand the market better, which could later translate to better investment decisions. A New Fund Offer or NFO mutual fund is one such investment option that is gaining preference among investors today. If you are new to this term, [...]
The shares of one of the leading alcoholic beverage manufacturers jumped 2 percent in the day’s trade upon commencing operations in its newly set up ethanol plant. At 3:20 p.m the shares of Associated Alcohols & Breweries Limited were trading at Rs. 515.75, up 1.38 percent from its previous day’s close price of Rs. 508.75 [...]
The share price of the small-cap company rose by 1.9 percent to its intraday high of Rs 49.98 per share from its previous close of Rs 49.04 after the company received approvals for a hospital project with Narayana Hrudayalaya Ltd. Hampton Sky Realty Ltd has received approval to begin construction on the Hampton Narayana Superspeciality [...]
The market leader stock in the adhesives segment gained around 1.5 percent to Rs 2,771 per share on Monday after the company announced a partnership with Italy-based firm Syn-Bios. Pidilite Industries Ltd belongs to a large-cap category of stocks, with a market capitalization of Rs 1,40,226 crores. According to an exchange filing, Pidilite Industries Limited [...]
On Monday, the shares of this market leader in the local search engine segment gained up to 8 percent after the company’s net revenue and profit increased in the third quarter. With a market capitalization of Rs 7,587.51 crore, the shares of Just Dial Ltd were trading at Rs 892.35 per share, increasing around 2.34 [...]
Shares of this multibagger stock under the ‘mid-cap’ category jumped around 3 percent in Monday’s trading session after the company acquired 4.44 million shares of a US-based semiconductor startup for $3 Million. With a market capitalization of Rs 17,679.10 crores, the stocks of Kaynes Technology India Limited started their trading session on Monday at Rs [...]
Shares of this drone company jumped around 6 percent in Monday’s trading session after securing a contract from Indian Army for drone training. In six months, the shares have delivered more than 25 percent to its shareholders. With a market capitalisation of Rs. 470 crores, the shares of Droneacharya Aerial Innovations Ltd started Monday’s trading [...]
The share price of a midcap company known for its shaving razors, moved up by 1.40 percent and is currently trading at Rs. 6,896.65 from its previous close of Rs. 6,801.4. Nippon India Mutual Fund has bought 3.3 lakh equity shares worth Rs. 222.91 crores in Gillette India through the open market transactions at an [...]
