Shares of this micro-cap stock associated with the business of ‘Electrical Equipment’ hit the 5 percent upper circuit in Monday’s trading session after the company received a work order worth Rs 1.60 crores from Tata Power Southern Odisha Distribution Limited (TPSODL). With a market capitalization of Rs 71.56 crores, the stocks of Alfa Transformers Limited [...]
The shares of one of India's leading Private Sector banks gained 7 percent to Rs 22.99 a piece on Monday after the company received Rs 150 crore from the sale of the NPA portfolio. At 11:22 a.m., Yes Bank Limited shares were trading at Rs 22.60 per share, up 5.36 percent from the previous close [...]
The small-cap company's share price rose 3.5 percent to an intraday high of Rs 374 per share on Monday, from a previous close of Rs 361.3 per share, after the company acquired land and incorporated its subsidiary. According to the filling of Fineotex Chemical Ltd, Fineotex Specialties Private Limited (FSPL), a subsidiary of the company, [...]
Multibagger stock engaged in providing engineering, procurement, and construction (EPC) services to well-known players like Reliance Industries and others hit 5 percent upper circuit after it received a work order worth Rs. 81.75 Crores. In the day’s trade, the shares of RBM Infracon Limited hit a 5 percent upper circuit at Rs. 465.35, and its [...]
On Monday the share price of the small-cap company rose 3.5 percent and hit its 52-week high of Rs 1,618 per share from the previous close of Rs 1,562.25 after the company received an order worth Rs 14.3 crore. According to a filing by Newgen Software Technologies Ltd, the company has received an order for [...]
The earnings season is here. Indian companies are coming up with their quarterly results. The Third quarter is the period between October to December of the Financial year 2023-24. Here is the list of 8 companies that are set to publish quarterly results in the coming January. G M Breweries Ltd G M Breweries Ltd [...]
The Benchmark Indices closed in the red on Friday, with the Sensex falling 170.12 points or 0.23 percent, ending the week at 72,240.26, and the Nifty 50 index fell by 47.30 points or 0.22 percent, ending the week at 21,731.40. In the last five trading sessions, the Sensex gained around 1.62 percent and the Nifty [...]
The P/E (Price to Earnings) ratio compares a company's current share price to its earnings per share (EPS), which is a generally used measure to determine a stock's value. A company with a lower P/E ratio is better than market competitors with a higher P/E ratio. This indicates that investors are paying less money for [...]
The price/earnings to growth ratio, or PEG ratio, is a stock valuation metric that investors and analysts may use to examine a company's performance and estimate investment risk. PEG ratios of more than 1.0 are typically seen as negative, implying that a company is overpriced. In contrast, ratios less than 1.0 are seen as better, [...]
There are many methods and metrics used to determine if a company is undervalued, overvalued or fairly valued. One such method among multiplier models is the use of Price to Earnings(P/E). The Price-to-Earnings (P/E) ratio is a widely used financial metric that helps investors and analysts evaluate a company's stock by comparing its market value [...]
Dolly Khanna is a major investor located in Chennai who is noted for making obscure choices that go on to outperform the stock market. Since 1996, she has started investing in stock markets. Dolly Khanna's portfolio, managed by her husband Rajiv Khanna, is often oriented toward more traditional equities in the industrial, textile, chemical, and [...]
The Ministry of Railway was allocated a record high Rs 2,40,000 crore in budgetary support in the Union Budget 2023-24. The all-time high allocation, which was nearly nine times compared to the allocations made in 2013, has given a push to railway infrastructure in the country this year. A massive Rs 1.85 lakh crore had [...]
Asahi India Glass Ltd(AIS) is a leading integrated glass solution provider that offers a wide range of offerings including laminated windshields, tempered glass for sidelights and backlights as well as value-added products like solar control glass, acoustic glass, defogger glass heated, and rain sensor windshields. On Friday, Asahi India Glass Ltd shares closed at Rs [...]
The equity markets finished 2023 on a higher note as the benchmark indices Nifty 50 and BSE Sensex hovered near all-time highs, gaining 20 percent and 18 percent, respectively, through the year. Due to elevated valuations, analysts believe that the upcoming months might see some bouts of volatility Moving into 2024, some of the crucial [...]
The Reserve Bank of India approved ICICI Prudential Asset Management Company Ltd's acquisition of up to 9.95 percent stakes in Federal Bank, IDFC First Bank, RBL Bank, IndusInd Bank, and Equitas Small Finance Bank on Thursday. Federal Bank Ltd The Federal Bank Limited was established in 1931 as Travancore Federal Bank Limited. It offers retail [...]
Shares of this small-cap stock associated with the ‘hospitality’ industry jumped up to 2 percent in Friday’s trading session after the company signed a Franchise Agreement for a hotel in Mussoorie, Uttarakhand. The company’s stock is inching near to its 52-week high price. With a market capitalization of Rs 9,495.07 crores, the stocks of Lemon [...]
Jindal Aluminium, India's largest Aluminium extrusion company, announced its recognition as the 'Star Performer' in the large enterprise category for 'Aluminium and Articles thereof' at the Engineering Export Promotion Council (EEPC) National Export Awards 2023 (in its 2019-20 edition). This prestigious accolade underscores the company's exceptional export performance on a national scale. The grand award [...]
The shares of one of the leading private general insurance companies in India are in red after it received a show cause notice from Joint Commissioner, CGST & CX Thane Commissionerate to pay a GST of Rs. 1,728.61 Crores. In the day’s trade, the shares of ICICI Lombard General Insurance Limited closed at Rs. 1,425, [...]
Advancements in technology have revolutionized many industries, and the field of medicine is no exception. Personalized medicine, in particular, has experienced significant growth thanks to these technological breakthroughs. This article delves into the concept of personalized medicine, the role of advanced technology in its development, the impact it has on healthcare, as well as the [...]
Shares of this small-cap stock jumped up to 8.80 percent in Friday’s trading session after the company’s Board is set to meet on January 15th, 2024 to consider and approve sub-division/split of equity shares of the company. With a market capitalization of Rs 2,258.68 crores, the stocks of Manorama Industries Limited, a leading exporter of [...]
