German pharma giant Boehringer Ingelheim’s diabetes drug Empagliflozin (type 2 diabetes) which is sold under the brand name Jardiance, its patent expiring on March 11, can allow Indian Pharma companies to launch affordable generics as per Times of India. Empagliflozin works in the Kidneys to prevent absorption of glucose or blood sugar, and this helps [...]
Rice stocks surged after the Indian government lifted the export ban on 100 percent broken rice on March 7. This was due to a sharp rise in inventories, which had reached nearly nine times the target by early February. India had initially banned 100 percent broken rice exports in September 2022 and later restricted other [...]
The shares of an Auto Ancillaries company, specializing in manufacturing and selling engine components, including valves, pistons, and piston rings, jumped upto 2 percent following the acquisition of 100 percent stake in Karna Intertech. Price action With a market capitalization of Rs. 8,149.88 crores on Monday, the shares of Shriram Pistons & Rings Ltd jumped [...]
This Tata Group Stock engaged in the business of generation, transmission, distribution of electricity and manufacturing of solar roofs, jumps 3% after signing an MoU with the Andhra Pradesh government to develop up to 7,000 MW of renewable energy projects. Stock Price Movement: With a market capitalization of Rs. 1,15,527.50 crores, the share of Tata [...]
The shares of this Kolkata-based company, with experience in real estate construction, development, and other related activities, spiked over 4 percent after it won a contract worth Rs 42 crores. Price movement With a market capitalization of Rs. 1,006 Crores, the shares of RDB Realty & Infrastructure Ltd made a day high of Rs 61 [...]
This Infra stock, which deals in the business of infrastructure development related to power transmission, water treatment, waste management, and civil infrastructure, hit 5 percent after receiving an order worth ~Rs. 618 crore for Irrigation Project in Jharkhand. Share Price Movement In Monday’s trading session, SPML Infra's share price touched a day’s high of Rs. [...]
This Pharma stock, which deals in the business of manufacture, distribution, and marketing of products related to pharmaceuticals, was up 3 percent after permission to sell Durvalumab in India used for the treatment of Lung Cancer. Share Price Movement In Monday’s trading session, AstraZeneca Pharma India's share price touched a day’s high of Rs. 7,679.85, [...]
The shares of India’s leading real estate company came into focus on Monday after it announced plans to invest Rs 6,000 crores in Gurugram’s prime commercial spaces. Stock Performance With a market capitalization of Rs. 1,64,001.78 crore, DLF Ltd jumped 1 percent in Monday’s trading session and made a high of Rs. 670.50 per share [...]
This small-cap telecom stock, which is a leading Indian technology company manufacturing telecom products, optical fibers, and cables, serving telecom, defence, and railway sectors globally, jumps 3 percent after securing an order worth Rs. 44 crore from the Indian Army for supplying tactical optical fiber cable assemblies. Stock Price Movement: With a market capitalization of [...]
The shares of a Hospitality company, specializing in offering budget-friendly and mid-scale hotel accommodations, jumped upto 2 percent upon signing two license agreements for hotels in Madhya Pradesh. Price action With a market capitalization of Rs. 10,235.82 crores on Monday, the shares of Lemon Tree Hotels Limited jumped upto 2 percent, making a high of [...]
This GIS stock, which deals in the business of providing Geographical Information Services that comprises photogrammetry, remote sensing, data conversion, cartography, terrestrial and 3D geo-content that includes location navigation mapping and others, is in focus after it received an order worth Rs. 21.45 crore from the Municipal Corporation. Price Movement Genesys International Corporation Limited's stock [...]
The shares of India’s largest pharmaceutical company engaged in the business of manufacturing and developing generic formulations and APIs came into focus on Monday after entering into an agreement to acquire Checkpoint Therapeutics, a Nasdaq-listed company. Stock Performance With a market capitalization of Rs. 3,86,199.52 crore, Sun Pharmaceuticals Industries Ltd jumped 2 percent in Monday’s [...]
This small-cap railway company specializes in manufacturing and supplying railway components, including coach seats for Indian Railways, hit a 5 percent upper circuit after securing an order worth Rs. 43 crore from Rail Coach Factory (RCF), Kapurthala, Indian Railways. Stock Price Movement: With a market capitalization of Rs. 1,056.86 crores, the shares of Oriental Rail [...]
This Solar stock, which deals in the business of EV Leasing, Manufacturing, and Solar consulting and Engineering, Procurement, and Construction (EPC), was down 4 percent in early trade after a promoter stake sale, a fund raise & a share split plan. Share Price Movement In Monday’s trading session, Gensol Engineering's share price touched a day’s [...]
The shares of the pharmaceutical company, specializing in developing and marketing generic formulations, biotechnology products, and APIs globally, jumped upto 3 percent upon launching a New Drug Application from the U.S. FDA approval. Price action With a market capitalization of Rs. 93,143.48 Crores on Monday, the shares of Lupin Limited rose by upto 2.6 percent [...]
This Navratna PSU company provides nationwide broadband, telecom, and multimedia network services, playing a key role in India's digital and communication infrastructure, jumped 4 percent after securing multiple orders worth Rs. 76 crore from Indian Railways. Stock Price Movement: With a market capitalization of Rs. 9,531.87 crores, the share of Railtel Corporation of India Limited [...]
A stock trading at a discount gives investors the opportunity to buy quality assets for less than they’re really worth. This happens when the market price doesn’t fully reflect the company’s solid financial health, growth potential, or competitive strengths. As the market corrects itself over time, these stocks could offer significant gains in the long [...]
The “200-day moving average” (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days, which helps smooth out daily price fluctuations and provides a clearer picture of the overall trend. One of the primary reasons the 200-day [...]
Stock recommendations are expert opinions that advise investors on whether to buy, sell, or hold particular stocks, based on market analysis. A buy recommendation indicates that a stock is expected to appreciate in value due to favorable market conditions. Here are a few fundamentally strong stocks recommended by famous analysts with high-growth potential of up [...]
This Defence PSU company, which is into shipbuilding, was a small dry dock initially. With the Atmanirbhar Bharat initiatives and other policies, Mazagon Dock holds opportunities for long-term investors. In this article, we will look into the Mazagon Dock Shipbuilders, their financials, future plans, and others. However, investors should do their research before investing. Price [...]
