As the Indian government continues to invest extensively in infrastructure projects through initiatives such as the 'Smart Cities Mission' and 'Bharatmala,' the demand for high-quality electrical cables and wires has risen over the past years. The Indian wire and cable industry, which was worth $680-730 billion in FY23, is predicted to grow by more than [...]
The realty sector in India is majorly driven by the increasing demand for residential buildings. In line with rapid urbanization and the inflating per capita income of individuals. Furthermore, the sector is being boosted by increased demand for houses in metropolitan cities and a new lodging trend in urban and semi-urban regions. Additionally, the Indian [...]
A company is said to be ‘fundamentally strong’ if it portrays a specific set of characteristics such as strong and consistent financials, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock associated with the business of providing IT-enabled Services that one should buy now for a potential upside of more [...]
The Indian benchmark indices slipped sharply after scaling their lifetime peaks in Wednesday's trading session. The Sensex slumped approximately 930 points and closed at 70,506.31 while the broader Nifty index fell around 300 points closing at 21,150.15. Here are some of the probable reasons for the stock markets to fall today: FII-DII data Foreign Institutional [...]
The shares of one of the leading and largest integrated logistics services providers in India, in green after successfully launching the Bhiwandi Mega Gateway, thereby expanding its presence and operations. In the day’s trade, the shares of Delhivery Limited closed at Rs. 365, up 0.29 percent from its previous day’s close price of Rs. 363.95, [...]
Shares of this gaming company jumped up to 5 percent after announcing partnerships to publish five innovative games in India. The shares have delivered more than 30 percent to its shareholders on a YTD basis. With a market capitalisation of Rs. 5,577 crores, the shares of Nazara Technologies Ltd started Wednesday’s trading session on a [...]
Welcome to our deep dive into INOX India Limited, a company that might ring a bell like the movie theatres with a similar name. Unlike the cinema INOX, this one is all about making special equipment for extremely cold stuff. Have you ever wondered about things like super chillers and freeze storage? That's the world [...]
Shares of this industrial electrical and electronic components manufacturing company jumped up to 2 percent after receiving an order worth Rs. 6.90 crores for the supply of LT Pane. The company’s stock has delivered multibagger returns of 140 percent to its stakeholders on a YTD basis. With a market capitalisation of Rs.1,160 crores, the shares [...]
The shares of this new gen Private Bank with a presence over 19 states and 3 union territories, have entered into a co-lending business alliance to offer affordable home loans and expand its business At 3:15 p.m. the shares of DCB Bank Limited were trading at Rs. 126.50, down 5.95 percent from its previous day’s [...]
Shares of this refinery company under the ‘large-cap’ category are in focus after the company’s Board of Directors approved the setting up of a Polypropylene unit at Kochi. In the past month, the company’s stock delivered nearly 12 percent returns to its stakeholders. With a market capitalization of Rs 95,208.50 crores, the stocks of Bharat [...]
Shares of this electrical equipment manufacturing company jumped up to 2 percent in Wednesday’s trading session after receiving multiple orders from the government worth Rs. 574 crores. The shares have delivered a multibagger return of 242 percent to its shareholders on a YTD basis. With a market capitalization of Rs. 2,729 crores, the shares of [...]
The share price of this electrical equipment manufacturer surged 9.5 percent to Rs 1,358.90 per share after the company board approved raising funds via QIP. At 2:15 p.m., Spectrum Electrical Industries Ltd shares were trading at Rs 1,252 per share, up 0.97 percent from the previous close price on the exchange. The company has a [...]
The share price of this micro-cap company fell by 5 percent to Rs 266 per share on Wednesday after the company promoter planned to offload a 13.99 percent stake in the company via OFS. At 1:11 p.m., HCP Plastene Bulkpack Ltd shares were quoted at Rs 270 per share, down 3.57 percent from the previous [...]
Navratna Central Public Sector Enterprise engaged in the business of logistics and transportation services in green after it signed a Memorandum of Understanding(MoU) for collaboration in expanding and developing the logistics services. At 12:54 p.m. the shares of Container Corporation of India Limited were trading at Rs. 866.10, up 0.66 percent from its previous day’s [...]
The shares of this leading foreign exchange service fell by 10 percent after the company’s promoter EbixCash World Money Ltd sold 16,19,280 equity shares. With a market capitalization of Rs 361.60 crores, the shares of Delphi World Money Ltd are trading at Rs 324.95 per share, which fell around 10 percent compared to the previous [...]
Multibagger Stock which is the largest crane-hiring company in India and ranked 5th in the world, jumped 6 percent in the day’s trade after it received work orders worth Rs. 166 Crores. At 11:58 a.m the shares of Sanghvi Movers Limited were trading at Rs. 843.50, up 4 percent from its previous day’s close price [...]
On Wednesday, the share price of the company rose 2.4 percent to its intraday high of Rs 557.35 per share from its previous close of Rs 544.1 per share after the company acquired a 100 percent stake in Rabirun Vinimay Private Limited. According to Jindal Stainless Limited's filing, the company has acquired a 100 percent [...]
Shares of this Public Sector Undertaking (PSU) stock under the ‘small-cap’ category gained up to 3 percent in Wednesday’s trading session after the company’s Board approved the setting up of a Nano Urea production plant. With a market capitalization of Rs 4,077.69 crores, the stocks of National Fertilizers Limited (NFL), the second largest Urea player [...]
The shares of one of the leading manufacturers of specialty chemicals rose to 4.5 percent to Rs 2,392 per share after its subsidiary inked a long-term deal with Petronet LNG Limited to receive Propylene and hydrogen. Deepak Phenolics Limited ('DPL'), a wholly-owned subsidiary of Deepak Nitrite Limited has entered a binding term sheet with Petronet [...]
Shares of this large-cap company jumped around 2 percent in Wednesday’s trading session after collaborating with Microsoft to deliver AI-Powered Employee Engagement Applications. The shares have delivered more than 40 percent returns to its shareholders on a YTD basis. With a market capitalisation of Rs.1,84,218 crores, the shares of LTIMindtree Ltd started Wednesday’s trading session [...]