Multibaggers are stocks that yield returns many times higher than their initial investment. In essence, these are inexpensive stocks with solid fundamentals that make them appealing as investment choices. Here are the 3 multi-bagger mid-cap stocks with less debt. Mazagon Dock Shipbuilders Ltd Mazagon Dock Shipbuilders Ltd. is now a well-known shipbuilding enterprise. Since 1960, [...]
Polycab is the largest manufacturer of wire & cable in India. The share price has increased to Rs 5,683.90 per share, up Rs 2,096 or 59 percent in the last six months. Polycab India Ltd belongs to the large-cap category with a market capitalization of Rs 85,048 crore. The company shares have gained a multibagger [...]
In today's bustling world of cryptocurrency, trading can be a maze of options. Swapzone, a leading instant exchange aggregator, steps in as a solution for traders seeking simplicity and efficiency in converting various cryptocurrencies. Instant Exchange Challenges Choosing where to trade amid the sea of options is a daunting task. Factors like security, fees, and [...]
Miniratna Central Public Sector Enterprise gets a ‘Buy’ tag on it from Monarch Networth Capital Limited, one of the well-known Financial Firms, with an upside potential of 33 percent from its current market price of Rs. 94.10. SJVN Limited SJVN Limited is engaged in the business of generation, transmission, and consultancy of renewable energy sources [...]
The initial public offer (IPO) of DOMS Industries procured bids for 5,04,55,458 shares as against 88,37,407 shares on offer, as per stock exchange data on Wednesday (13 December 2023). The issue was subscribed 5.71 times. The IPO was introduced for bidding on Wednesday (13 December 2023) and it will close on Friday (15 December 2023). [...]
The domestic equity indices traded in the positive region with major gains in the opening. The Nifty traded near the 21,150 mark. Except pharma stocks, all the sectoral indices on the NSE were traded in green. At 10:00 IST, the barometer index, the S&P BSE Sensex, added 857.48 points or 1.23% to 70,450.45. The Nifty [...]
Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could fall 32 points at the opening bell. When it comes to the global perspective, Asian stocks are trading higher on thursday as investors came to know that the US federal reserve’s decision to end the rate-hiking cycle and also signals [...]
Shares of this electricity generation company jumped around 3 percent after entering into a Power Delivery Agreement for a 13.2 MW AC Group Captive Solar Plant with Dr Abhay Firodia Group of Companies. The shares have delivered more than 50 percent returns on a YTD basis. With a market capitalization of Rs.1,08,018 crores, the shares [...]
Dividend and Compound Annual Growth Rate (CAGR), two key metrics for investors, offer distinct yet complementary perspectives on stock performance. While dividends provide a steady stream of income, CAGR captures the overall growth trajectory. Ideally, both work in tandem for a balanced investment portfolio. Dividends, paid out periodically from company profits, reward shareholders with tangible [...]
Indian equity indices ended with small gains on Wednesday. Although Pharma, Realty and healthcare stocks gained today, IT, oil & gas and private bank shares declined. Nifty 50, having opened higher at 20929.75, entered into negative terrain to hit the day’s low of 20,769.50 in early afternoon. However, as the day went by the index [...]
Shares of this smallcap company slumped 5 percent in Wednesday’s trading session after the promoters of the company announced a plan to sell up to 4.1% of their stake. The shares have delivered more than 70 percent returns to its shareholders in six months. With a market capitalization of Rs. 7,002 crores, the shares of [...]
The share of this micro-cap company gained up to 10 percent after the company signed the Memorandum of Understanding (“MOU”) with the Vibrant Goa Foundation for the Vibrant Goa Global Expo & Summit. With a market capitalization of Rs 483.81 Crores. Exhicon Events Media Solutions Ltd, On Wednesday, The shares were trading at Rs 407.40 [...]
Small-cap stock jumped 2 percent in the day’s trade after it received approval from TGA, Australia for a product that is being supplied to the US and other markets. At 3:05 p.m. the shares of Shilpa Medicare Limited were trading at Rs. 378.10, up 2.42 percent from its previous day’s close price of Rs. 369.15 [...]
Navratna stock rose around 12.5 percent to a 52-week high price of Rs 212.65 per share after the company began to Set Up New M-Sand Plant in Tamil Nadu. On Wednesday, NLC India Ltd shares closed at Rs 207 per share on the National Stock Exchange, up Rs 17.90 or 9.47 percent from the previous [...]
Shares of this large-cap company jumped around 2 percent after they received IFSC Gift City approval to set up an aircraft leasing shop. The shares have delivered more than 40 percent to its shareholders on a YTD basis. With a market capitalization of Rs. 1,14,794 crores, the shares of Interglobe Aviation Ltd started Wednesday’s trading [...]
The shares of this leading manufacturer and supplier of specialty performance chemicals gained up to 18 percent after the company board approved the demerger of its business line. With a market capitalization of Rs 752.03 Crores. Chembond Chemicals Ltd, On Wednesday, The shares were trading at Rs 6.10 a share, an increase of 1 percent [...]
The Indian equity benchmark continues to trade in the region of losses, although losses are limited. The Nifty is trading above the level of 20,850 mark after hitting the day’s low of 20769.50 in the early afternoon trade. European markets edged higher while their Asian counterparts traded in a mixed manner today. Pharma shares advanced [...]
As per data uploaded by Member Lending Institutions (MLIs) on the Mudra portal, over 28.89 crore loans involving a total sanctioned amount worth Rs. 17.77 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last five financial years, i.e., 01.04.2018 to 31.03.2023. This was a written answer given by the Union [...]
The shares of a leading producer and exporter of Iron Oxide Pellets fell by 2.5 percent to a price of Rs 362 per share after the company temporarily suspended its Mangalore pellet plant unit. At 2:20 p.m., KIOCL Ltd shares were trading at Rs 365.55 per share, down 1.52 percent on the National Stock Exchange [...]
Defence and Space engineering stock with clients such as HAL, BEL, DRDO and many more domestic and international clients jumped 4 percent, following the incorporation of a new subsidiary for manufacturing a material used in the Aviation, Defence & Space industries. At 1:40 p.m. the shares of Paras Defence and Space Technologies Limited were trading [...]
