On Friday, Midcap airport infrastructure stock rose 14 percent and hit its 52-week high of Rs 70.4 from its previous close of Rs 61.7 after a block deal of 76 crore equity shares of the company. According to a CNBC TV18 report, GQG Partners is a likely buyer in today's block deal in GMR Airports [...]
The shares of the online food delivery company fell around 1 percent after one of its investors Soft Bank is likely to offload shares in the company worth Rs. 1,125 crores. The shares have delivered a multibagger return of 100 percent to its shareholders on a YTD basis. With a market capitalisation of Rs. 1,05,553 [...]
The shares of one of the leading electric vehicle manufacturers jumped 2 percent in the day’s trade after it received orders for the supply and maintenance of 40 Electric Buses. At 11:08 a.m the shares of Olectra Greentech Limited were trading at Rs. 1,242.50, up .72 percent from its previous day’s close price of Rs. [...]
The shares of the leading freight solution provider rose around 5 percent to Rs 31.75 per share after the company received an order from GAIL India for a value of Rs 52 crores. At 12:17 p.m., North Eastern Carrying Corporation Ltd shares were trading at Rs 31.40 a share, up Rs 1.25 or 4.15 percent [...]
Shares of this Navratna CPSE stock hit its 52-week high on Friday after the company signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam Limited to develop Solar Projects. With a market capitalization of Rs 51,177.68 crores, the stocks of Container Corporation of India Limited started their trading session on Friday at Rs [...]
On Friday, the share price of the microcap stock fell by 0.41 percent to its intraday low of Rs 350.80 from the previous close of Rs 352.45 after the company received a penalty of Rs 35.58 crores from the commissioner of customs. According to the TVS Electronic Ltd filing, the company imports duty-free thermal line [...]
The shares of India's leading and largest integrated multi-national transport infrastructure developer in the roads sector rose 6.5 percent to a 52-week high of Rs 40.95 per share after the business reported a 20 percent rise in toll collection year on year in November. At 11:35 a.m., IRB Infrastructure Developers Ltd shares were trading at [...]
FII inflow in November month was $1.08 Billion or Rs 9,001 crore: Here are three sectors that saw huge inflow Foreign portfolio investors (FPIs) turned net buyers in the Indian stock market in November after two consecutive months of selling. Total FII inflow in calendar year 2023 now stands at $12.8 billion. Domestic benchmark indices [...]
To determine how much a company's projected growth, earnings generated per share (EPS), and stock price are traded off, a valuation metric known as the "PEG ratio" is used. The P/E ratio used in the calculation can be projected or trailing, and the annual growth rate can be the growth rate expected for the next [...]
Interest rates and gold prices have a fascinating dance in the financial world, impacting traders and investors alike. In this article, we'll delve into the historical trends, various influencing factors, and effective trading strategies related to the intriguing interplay between interest rates and gold prices. Navigating the complex world of finance requires a keen understanding [...]
Fundamentally strong Engineering stock which is India’s largest and globally renowned manufacturer of electrical sheet laminations, motor cores, sub-assemblies, die-cast rotors, and machined components, gets a ‘Buy’ tag on it from Axis Direct, with an upside potential of 28 percent from its previous close price. Pitti Engineering Limited Pitti Engineering Limited is India’s largest and [...]
Shares of this apparel stock under the ‘small-cap’ category jumped around 6 percent in Thursday’s trading session after Bank of America Securities Europe SA bought approximately 12.63 lakh equity shares of the company. With a market capitalization of Rs 2,179.74 crores, the stocks of Cantabil Retail India Limited closed at Rs 267 on Thursday, gaining [...]
Multibagger stock engaged in the manufacturing and trading of innovative light-emitting diode jumped 5 percent in the day’s trade after it unveiled a new outdoor technology for lighting that gives it a distinct competitive advantage over others. In the day’s closing on December 7, 2023, the shares of Focus Lighting and Fixtures Limited closed at [...]
The shares of this cement manufacturing company jumped around 2 percent in Thursday’s trading session after a well-known investment bank bought a stake in the company. In six months, the shares have delivered multibagger returns of 153 percent to its shareholders. With a market capitalisation of Rs. 4,842 crores, the shares of Kesoram Industries Ltd [...]
‘Undervalued’ is a financial term that is generally referred to a security that is selling for a price presumed to be below the investment's ‘true intrinsic value’. Listed below are three such undervalued stocks under the ‘small-cap’ category that portrayed a net profit CAGR of up to 60 percent over three years: Gujarat Ambuja Exports [...]
Finance Minister Nirmala Sitharaman has submitted to Parliament, a request for permission to spend an extra ₹58,000 crore in cash in FY24 through the Supplementary Demands for Grants. According to the breakdown of the net cash outgo, the government has requested ₹7,020 crores for food subsidies and ₹13,350 crores for fertilizer subsidies in cash for [...]
Two stocks under the ‘large-cap’ category fell up to 3 percent after Warburg Pincus, a US-based Private Equity (PE) Firm, has likely sold its stake in the companies via Block Deals. The stocks of Bharti Airtel Limited closed in the red on Thursday at Rs 1,000, slipping around 2.50 percent as compared to the previous [...]
The shares of marine and industrial electrical manufacturing company clocked 5 percent upper circuit on Thursday’s trading session after it received an order worth Rs. 20.25 crores. The shares have given a multibagger return of 177 percent to its shareholders on a YTD basis. With a market capitalisation of Rs. 1,159 crores, the shares of [...]
The shares of one of the leading manufacturers of Heavy Engineering equipment manufacturer in the Railway industry surged 8.5 percent to a 52-week high price of Rs 170.95 per share after its subsidiary entered a business agreement with a Russian company. Oriental Rail Infrastructure Ltd is a micro-cap stock with a market capitalization of Rs [...]
On Thursday, one of the leading microcap stocks received a purchase order under the Ministry of Labour and Employment worth Rs 2.9 crores. According to the filing of SBC Exports Limited, the company has received a contract from the Employees Provident Fund Organisation (EPFO) under the Ministry of Labour and Employment through GeM for the [...]
