The shares of India's leading power trading platform provider gained traction this week after UBS brokerage gave an upside of 41 percent on the company shares. On Friday, Indian Energy Exchange Ltd shares were trading at Rs 142.65, down 1.65 percent from the previous close on the National Stock Exchange. The company has a market [...]
A company is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics, viz, strong and consistent financials, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock in which HDFC Securities see a potential upside of 25 percent: Stylam Industries Limited With a market capitalization of Rs [...]
Multibagger stocks are very appealing to investors because they have the potential to multiply your initial investment several times. When identifying possible multi-bagger stocks, factors such as industry strength, debt levels, revenue multiples, PE ratios, and management quality are important considerations. Here are the three Ashish Kacholia stocks that gave multi-bagger returns in a year. [...]
Micro-cap stock is India’s second-largest processor and exporter of processed fruit and vegetable products, jumped marginally in the day’s trade after the launch of its new joint venture, which is going to manufacture a product, that is mostly(95%) imported in India. At 3:15 p.m. the shares of Foods & Inns Limited were trading at Rs. [...]
The shares of this small-cap company gained up to 4.7 percent after the company filed 15 patents in India, strengthening its global tech IP portfolio. With a market capitalization of Rs 14,460.58 Crores. Affle India Ltd, On Thursday, The shares closed at Rs 1,085.35 a share, an increase of 1.86 percent from the previous closing [...]
The Relative Strength Index (RSI) is a momentum indicator that used is in technical analysis. RSI measures the speed and change of a security's recent price to evaluate overvalued or undervalued conditions in the price of that security. The RSI oscillates between zero and 100. Traditionally the RSI is considered ‘oversold’ when below 30 and [...]
TATA Group is one of India's largest conglomerates, comprising 30 companies across ten verticals. The group operates in over 100 countries across six continents. Tata Sons is the principal investment holding company and promoter of Tata companies. The group imprints are found in a wide range of sectors. As of July 31, 2023, there are [...]
The shares of this automobile reached a 52-week high of Rs 5,945.80 apiece after the company planned to launch a new model next month with a capacity of up to 20,000 units per month. With a market capitalization of Rs 1,67,513.59 Crores. Bajaj Auto Ltd, On Thursday, The shares were trading at Rs 5,920.10 a [...]
The large-cap pharma company's share declined to 7.1 percent Rs 1,175.75 per share from its intraday low on Thursday after the Company announced the warning letter from the US Food and Drug Administration(USFDA). According to Cipla filing, the US FDA conducted a current good manufacturing practices (cGMP) inspection at Cipla's Pithampur manufacturing facility from February [...]
Micro-cap stock jumped 12 percent in the day’s trade after it announced a partnership with OutSystems which claims to be the most powerful low-code system on the planet, to bring a high-performance low-code platform to enterprises in India. At 2:30 p.m. the shares of Cambridge Technology Enterprises Limited were trading at Rs. 73.50, up 8.97 [...]
Shares of this micro-cap stock hit the 5 percent upper circuit on Thursday after the company’s subsidiary entered into an agreement to establish and operate cinemas in Saudi Arabia. In the past month, the company’s shares have gained nearly 15 percent. With a market capitalization of Rs 186.73 crores, the stocks of Mukta Arts Limited [...]
The Surge in Global Online Advertising The digital landscape is witnessing an unprecedented rise in global online advertising, with credible statistics underscoring this trend. In 2021, digital ad spending worldwide amounted to approximately 455 billion U.S. dollars and is projected to reach over 645 billion by 2024, according to Statista and other researchers. This surge [...]
Multibagger stock hit 2 percent upper circuit in the day’s trade after it announced new joint venture with PT Tubular Services Indonesian to expand its operations and introduce new products into the market. In the day’s trade the shares of Trishakti Industries Limited hit 2 percent upper circuit at Rs. 116.45 and its market capitalization [...]
The shares of this aircraft manufacturer gained up to 2.16 percent after the company received the tender of Rs 10,000 crores from the Central Government. With a market capitalization of Rs 1,43,820.06 crore. Hindustan Aeronautics Ltd, On Thursday, The shares were trading at Rs 2,150.50 a share, an increase of 1.80 percent from the previous [...]
The small-cap stock company's share rose by 2% Rs 85.84 per share from its intraday high on Thursday after the Company announced it acquired an infrastructure company. Elpro International Limited has acquired 2,40,685 equity shares in JSW Infrastructure for Rs 5 crores. The target entity is Port & Port Services, and the reason for the [...]
The shares of the leading construction firm gained up to 15 percent to hit an all-time high price of Rs 182.75 per share on Thursday after the company plans to fundraise. At 12:25 p.m., Man Infraconstruction Ltd shares were trading at a price of Rs 179.30 a share, up Rs 20.45 or 12.94 percent on [...]
Shares of CDSL, an India-based Depository, jumped around 5 percent on Thursday after the company announced about registration of 10 crore Demat accounts. The company’s stock has recently seen a huge rally and has soared nearly 40 percent in the past month. With a market capitalization of Rs 18,726.40 crores, the stocks of Central Depository [...]
A holding company stands as a fortress in the financial world, offering a robust legal structure for managing assets, accumulating profits, and handling liabilities. In the dynamic arena of real estate, these entities provide an invaluable shield for personal assets against the myriad risks inherent in property transactions. Their formation mirrors that of any corporate [...]
The shares of this automobile reached a 52-week high of Rs 1,784 after the company entered Vietnam and introduced a line of two-wheelers. With a market capitalization of Rs 84,026.28. Tvs Motor Company Ltd, On Thursday, The shares were trading at Rs 1,768.65 a share, an increase of 1.65 percent from the previous closing price. [...]
Multibagger Engineering stock jumped 4 percent in the day’s trade after it received orders worth Rs. 2.92 Crores from Bharti Airtel Limited for the supply of components for their telecom infrastructure. At 12:04 p.m. the shares of Bondada Engineering Limited were trading at Rs. 447.50, up 3.58 percent from its previous day's close price of [...]
