After the board of directors approved the purchase of 10,000 equity shares of Navkar Events Pvt Ltd, with a face value of Rs. 10 per share, the shares of this micro-cap company increased by up to 2%. With a market capitalization of Rs 76.29 Crores. Madhuveer Com 18 Network Ltd, On Thursday, The shares were [...]
A ‘Blue Chip’ stock is generally referred to as a stock that is issued by well-established and financially sound companies along with a great reputation. Normally, such companies have years of operating history and consistent dividend payouts to their beneficiaries. Listed below is one such Blue Chip stock that gets a ‘Buy’ call from JPMorgan, [...]
Earnings per share (EPS) is a financial measure that calculates a company's profit per outstanding share of common stock. It's calculated by dividing net income by the weighted average shares outstanding. A higher EPS indicates a more profitable company. It is a simple and easy-to-understand metric that can be used to compare the valuations of [...]
The shares of one of the leading online food delivery platform providers gained positive traction this week after several brokerages reiterated their bullish view on the company, followed by UBS's target with a 28 percent upside. On Friday, Zomato Ltd shares were trading at Rs 116.90, down 1.43 percent from the previous close on the [...]
Shares of this multibagger micro-cap stock gained traction after the company intimated about the receipt of an order from Gujarat Energy Transmission Corporation Limited worth Rs 5.82 crores. With a market capitalization of Rs 138.54 crores, the stocks of JSL Industries Limited closed at Rs 1,180.20 on Thursday, hitting the 2 percent lower circuit compared [...]
SBI Mutual Fund received approval from the Reserve Bank of India to acquire a stake in one of the leading private sector banks. Karur Vysya Bank closed around 1 percent up to Rs 154.40 from its previous close of Rs 153.30. It is a small-cap bank with a market capitalization of Rs 12,400 crores. According [...]
The company intends to establish an Outsourced Semiconductor Assembly and Test (OSAT) facility in Karnataka, also known as a chip packaging unit. As a result, the shares of this large-cap company increased by up to 1 percent. With a market capitalization of Rs 3,63,712.53 Crores. HCL Technologies Ltd, On Thursday, The shares closed at Rs [...]
Societe Generale one of Europe’s leading financial services groups sold 22,05,323 equity shares in this Multibagger Rail stock, which is involved in the business of manufacturing Rail Infrastructure. In the day’s trade, the shares of Texmaco Rail & Engineering Limited closed at Rs. 142.90 up 0.95 percent from its previous day’s close price of Rs. [...]
Shares of this mid-cap stock associated with the ‘Defence’ sector closed their trading session on Thursday on a flatter note after HDFC Mutual Fund sold 2 percent stake in the company. With a market capitalization of Rs 21,294.53 crores, the stocks of Bharat Dynamics Limited closed at Rs 1,161.85 in Thursday’s trading session trading flat [...]
The large-cap share rose 2.5 percent hitting its 52-week high of Rs 1,444.2 from its previous close of Rs 1407.85 on Thursday after the company announced the appointment of the company's managing director and chief executive officer. In SBI Life Insurance, the shareholders have approved the appointment of Mr. Amit Jhingran, as the Managing Director [...]
The share of this logistics company gained up to 1 percent after the company came into agreements to acquire, up to 60% of the Share Capital of ZipZap Logistics Pvt Ltd. With a market capitalization of Rs 2,591.50 Crores. Mahindra Logistic Ltd, On Thursday, the shares closed at Rs 359.75 a share, an increase of [...]
The shares of the engine manufacturing company surged around 6 percent after investing USD 2.5 million in its wholly-owned subsidiary. The shares have delivered more than 80 percent returns to shareholders on a YTD basis. With a market capitalization of Rs. 8,147 crores, the shares of Kirloskar Oil Engines Ltd started Thursday’s trading session on [...]
Realty stock, engaged in developing retail ventures, commercial projects, and many more, hit a 5 percent upper circuit in the day’s trade following an investment of ~Rs. 100 Crores from Delta Corp Limited and forming a JV with Delta Corp, with an investment of Rs. 250 Crores. At 2:44 p.m. the shares of Peninsula Land [...]
The shares of India's Largest Coffee and tea Manufacturer and Exporter gained around 1.5 percent of Rs 280 per share after the company approved setting up additional capacity of coffee facility in Vietnam. On November 30, 2023. Tata Coffee Ltd's Board of Directors has approved the set up of an additional 5,500 Metric Tonnes (MT) [...]
Shares of this Ashish Kcholia stock jumped around 3 percent in Thursday’s trading session after the company secured a spot in Forbes ‘200 Best Under a Billion’ List. In the past month, the company’s stock has delivered returns of more than 20 percent to its stakeholders. With a market capitalization of Rs 1,130.10 crores, the [...]
The shares of this pharmaceutical company jumped around 1 percent after announcing the collaboration with the Government of India, for the development of the Biotransformation Process (Enzymatic Process) for its products. With a market capitalization of Rs. 542 crores, the shares of Ind-Swift Laboratories Ltd started Thursday’s trading session on a positive note at Rs. [...]
Mumbai, 30th November 2023: Mission1 Investments LLC, the US-based investment firm that invested in Shriram Asset Management Company Limited (Shriram AMC) in 2022 has now completed its 23% stake acquisition by converting its securities into equity shares. Mission1 Investments LLC now holds 29,94,349 equity shares in Shriram AMC. The Securities Issue Committee of the Board [...]
Chemical Stock that is engaged in the manufacturing, trading, and exporting of Dyes and chemicals hits 2 percent upper circuit in the day’s trade after it received an order worth Rs. 4.16 Crore. In the day’s trade, the shares of Mahickra Chemicals Limited hit a 2 percent upper circuit at Rs. 99.70 and its market [...]
The Share price of the small-cap stock hit its lower circuit of 5 percent of Rs 150.35 from its previous close of Rs 158.25 after the company announced the promoter's proposed Offer for sale. According to the filling of Thomas Cook India, the company promoter Fairbridge Capital (Mauritius) Limited proposed an offer for sale (OFS) [...]
The share of this small-cap gained up to 1.7 percent after the company signed a MoU for setting up a Joint venture to produce Electrical Contacts. With a market capitalization of Rs 3,139.45 Crores. Shivalik Bimetal Control Ltd, On Thursday, The shares were trading at Rs 545 a share, an increase of 1 percent from [...]
