Penny stocks are the shares of the companies that are available under Rs. 75, with a market capitalization of under Rs. 500 Crores. They are very illiquid and can hit their assigned circuit levels with just a minor increase in the volume of trades. So be aware and don't become greedy by looking at their [...]
The Indian government is on the verge of blending 20% ethanol into automotive gasoline to minimize reliance on foreign exchange. As a result, the Indian ethanol sector has had strong growth in recent months, attaining a 10% ethanol blending rate five months ahead of schedule. However, to meet the government's blending target, greater ethanol production [...]
Share of small-cap stock has proven to deliver multi-bagger returns of over 17,500 percent returns during a long-term period of three years. On Friday’s session, the small-cap stock rose 2 percent and hit its 52-week high of Rs 494.9 per share from the previous close of Rs 485.65 with a market capitalization of Rs 2,660 [...]
Keeping the recent corrections in the Indian Benchmark Indices aside, the longer timeframe represents an exhaustive list of stocks that have delivered multibagger returns for its stakeholders. Listed below are four multibagger stocks under ₹300 that portray a Price-to-earnings (P/E) ratio lesser than the industry average: Man Industries (India) Limited With a market capitalization of [...]
The shares of one of India’s leading non-banking financial companies (NBFC) received a 37 percent upside from Morgan stanley. On Friday, Bajaj Finance shares were trading at Rs 7,300, down 0.91 percent from the previous close on the National Stock Exchange. The company has a market capitalization of Rs 4,51,339 crore. Bajaj Finance revenues increased [...]
Cryptocurrency has revolutionized the world of finance, offering a decentralized and digital alternative to traditional currencies. However, one persistent challenge has hampered its widespread adoption: volatility. The value of cryptocurrencies like Bitcoin can fluctuate dramatically within minutes, making them impractical for everyday use and posing risks for investors. In response to this challenge, stable coins [...]
Digital Yuan, officially recognized as the Central Bank Digital Currency (CBDC) of China, marks a revolutionary stride in the world of digital currencies. Diverging from the decentralized nature of cryptocurrencies like Bitcoin, Digital Yuan is distinctively issued and regulated by the People's Bank of China (PBOC). In the midst of this transformative landscape, Yuan Pay [...]
Shares of this Miniratna Central Public Sector Entity (CPSE) gained around 2 percent in Friday’s trading session after the company provided key business updates on the production during 2023. In the past six months, the company’s shares gained nearly 90 percent. With a market capitalization of Rs 6,223.60 crores, the stocks of MOIL Limited opened [...]
Bitcoin, the revolutionary digital currency, has transcended borders and gained worldwide recognition since its inception in 2009. Its decentralized nature, built on blockchain technology, has not only disrupted traditional financial systems but has also influenced societies and cultures in unique ways. In this article, we will delve into the intricate relationship between Bitcoin and various [...]
The shares of one of the largest neutral telecom infrastructure providers gained up to 4.3 percent after the company received an order worth Rs 68.83 crore from N F Railway Construction. With a market capitalization of Rs 9,482.13 crores, the shares of Railtel Corporation of India Ltd were trading at Rs 295.45 per share, increasing [...]
Shares of this defence stock jumped up to 2 percent in Friday’s trading session after bagging an order worth Rs 2,673 crores for the supply of sensors. Year-to-date, the company’s stock has gained more than 70 percent for its stakeholders. The shares of Bharat Electronics Limited (BEL) started their trading session on Friday at Rs [...]
The shares of one of the leading multinational apparel manufacturers hit a 5 percent upper circuit after the company board fixed the record date for a stock split. On Friday’s trade, Pearl Global Industries Ltd shares hit a 5 percent upper circuit to Rs 1,323.95 per share. The company has a market capitalization of Rs [...]
The capacity to smoothly convert documents from one format to another has become essential in the constantly changing digital ecosystem. The process of document conversion is quite important regardless of whether it involves converting a PNG file to a PDF using a PNG to PDF converter. This article examines the basics of document conversion and [...]
The shares of the small-cap company jumped 3 percent after receiving an order from multiple companies to execute a solar power project. On a YTD basis, the shares have delivered a multibagger return of 157 percent to its shareholder. With a market capitalization of Rs. 4,949 crores, the shares of KPI Green Energy Ltd started [...]
The shares of this Sponge Iron manufacturer gained up to 4 percent after the company announced the capacity expansion of the steel melting shop from 4,00,000 Metric Tons per annum to 5,25,000 Metric Tons per annum. With a market capitalization of Rs 9,584.80 crores, the shares of Godawari Power & Ispat Ltd were trading at [...]
Shares of this largest insurance provider company surged 6 percent in Friday’s trading session after they received the government grants to achieve 25 percent MPS in 10 years. With a market capitalization of Rs. 5,05,209 crores, the shares of Life Insurance Corporation of India (LIC) started Friday’s trading session on a higher note at Rs. [...]
Realty stock engaged in offering a diversified range of construction and allied services in talk after it emerged as the lowest bidder for a government project worth Rs. 158.61 Crores At 12:35 p.m. the shares of PSP Projects Limited were trading at Rs. 750, down 1.70 percent from its previous day’s close price of Rs. [...]
Shares of this multibagger cable stock under the ‘large-cap’ category slipped close to 5 percent in Friday’s trading session due to multiple reports mentioning raids by the Income Tax (IT) Department at over 50 locations of the company. With a market capitalization of Rs 80,788.50 crores, the stocks of Polycab India Limited opened their trading [...]
The share price of one of the largest financial service providers rose nearly 5 percent to Rs 665 per share after the business bought an additional stake in a venture capital firm to become its wholly-owned subsidiary. At 12:05 p.m., 360 One Wam Ltd shares were trading at Rs 653.60 a share on the National [...]
Shares of this large-cap company jumped around 2 percent in Friday’s trading session after the company launched a new ayurvedic product. On a YTD basis, the shares have delivered more than 70 percent returns to its shareholders. With a market capitalization of Rs. 58,329 crores, the shares of Lupin Ltd started Friday’s trading session positively [...]
