Cipla hit a 52-week high of Rs 1,283.55 on November 22, 2023, and the company fell 6.8 percent after the warning letter from USFDA. On Tuesday's session share price of the company opened at 0.11 up Rs 1,200 from its previous close of Rs 1,198.65. The reason behind the fall of the share? The USFDA [...]
India is the global leader in Unified Payments Interface (UPI) payments, With $1.7 trillion worth of transactions in fiscal year 2023 that have enabled instant and seamless fund transfers across banks and platforms. Considering this, India has developed a cutting-edge technological infrastructure to facilitate high-speed, high-volume trading and settlement activities. Since the adoption of the [...]
On November 24, 2023, the Nifty50 Index traded flat and closed at 19,794.70. The Nifty 50 has settled above 19,600 levels in every session since November 14 but has faced resistance at 19,800-19,900 levels. Analysts expect volatility to remain high due to the scheduled expiry of November month derivatives contracts but expect the benchmark Nifty [...]
Numbers come in various forms and representations in mathematics. One such representation is the standard form of a number. This provides a short uniform way to express numbers; making it easier to compare and perform mathematical operations. This article aims to cover the concept of the standard form of numbers in math; its significance; and [...]
EKI Energy Ltd is a global leader in the development and supply of carbon credits, offering trading, carbon advisory services, climate change, and sustainability solutions. With a market capitalization of Rs 1,122.43 Crores. EKI Energy Ltd, On Friday, The shares closed at Rs 407.90 a share, a decrease of 0.46 percent from the previous closing [...]
Technology is becoming an essential instrument in the ever-changing field of education and mathematics. It has completely changed how we approach and solve mathematical problems. Calculating fractions is one place where this transition is quite apparent. There was a time when solving a fraction was quite a difficult task. But with the help of advanced [...]
Bondada Engineering Limited provides engineering, procurement, and construction (EPC), operation, and maintenance (O&M) services to companies operating in telecom, solar energy, and infrastructure. Recently it has made a name for itself in daily news after consistently receiving telecom infrastructure orders from famous telecom players like Reliance Jio, Bharati Airtel, BSNL, and many more. Here is [...]
The Board of Directors of this micro-cap company approved the raising of funds via a preferential issue worth around Rs 15 crores. In the past six months, the company’s stock has gained over 60 percent for its shareholders. With a market capitalization of Rs 684.64 crores, the stocks of Khadim India Limited, the second largest [...]
MTAR Technologies hit a 52-week high of Rs 2,920.35 on September 11, 2023, and the company shares fell 23.6 percent following the Q2 results. In comparison to its peers, the stock has a price-to-earnings ratio of 66.45, earnings per share of 33.5, and is trading at 10.4 times its book value. MTAR Tech has deferred [...]
The board of this penny stock engaged in diversified segment approved to raise funds of Rs. 100 crores by way of a Preferential Allotment and declared the issuance of Bonus issue of equity shares in the ratio of 1:1. With a market capitalization of Rs. 320 crores, the shares of Integra Essentia Ltd started Friday’s [...]
Multibagger small-cap stock which is India’s leading provider of advanced digital maps, geospatial software, and location-based IoT technologies, announced raising funds of upto Rs. 500 Crores by way of qualified institutional placement. In the day’s trade On November 27, 2023, the shares of CE Info Systems Limited closed at Rs. 2,206, up 0.50 percent from [...]
China Plus One is a business strategy for avoiding solely investing in China and instead diversifying into other nations. Western companies have been investing in China over the past 20 years, attracted by the country's low production costs and large domestic consumer markets. Reason for the ‘China Plus One’ Strategy The trade conflict between China [...]
The Board of Directors of this micro-cap NBFC company approved a couple of corporate actions, viz, Stock Split as well as issuance of Bonus shares. During the past year, the company has delivered multibagger returns of more than 600 percent to its shareholders. With a market capitalization of Rs 272.29 crores, the stocks of Standard [...]
IT Stock which is a leading provider of a unified digital transformation platform announced a bonus issue in the ratio of 1:1 and it has fixed January 12,2024, as the record date to be eligible for receiving the bonus shares. In the day’s trade on November 24, 2023, the shares of Newgen Software Technologies Limited [...]
One of the Leading Indian drone manufacturing and solutions providers whose half-yearly revenue grew 998 percent has released their expected future growth of, 50-70 percent CAGR and 20-25 percent growth in PAT in the next 3 years. In the day’s trade, On November 24, 2023, the shares of Droneacharya Aerial Innovations Limited closed at Rs. [...]
Shares of this micro-cap stock held by Ms. Dolly Khanna traded flat after the company secured a patent for an Automatic Source Changeover for a period of 20 years. Year-to-date, the company’s stock has gained more than 40 percent. With a market capitalization of Rs 608.34 crores, the stocks of Salzer Electronics Limited closed at [...]
One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts. With a market capitalization of Rs 3,117.54 Crores. Shivalik Bimetal Controls Ltd, On Friday, The shares closed at Rs 541.20 a share, an increase of 0.20 percent from the [...]
One of the leading players in the renewable energy sector received a 4.66 MW order to execute a solar power project from its subsidiary on Friday. On Friday, KPI Green Energy Ltd shares closed at Rs 1,214.90 per share, up 1.5 percent from the previous close price. The company has a market capitalization of Rs [...]
On Friday the share price of NBFC small cap closed 1.7 percent up Rs 243.70 from its previous close of Rs 239.55. The post-market company has announced its allotment of Non-convertible debenture (NCD) worth Rs 35 crores. Satin Creditcare Network Limited's, Working Committee has allotted 3,500 (Non-convertible debentures) NCDs with a face value of INR [...]
The rate of return (RoR) that would be needed for an investment to increase from its starting balance to its finishing balance, assuming the profits were reinvested at the conclusion of each period of the investment's life span, is known as the compound annual growth rate, or CAGR. Here are three IT stocks with net [...]