The Life Insurance Organisation of India (LIC) is India's largest government-owned life insurance and investment company. Its primary responsibility is to invest in global financial markets and other government assets after collecting funds from individuals via various life insurance contracts. Here are two stocks under Rs 50 in which LIC owns up to 2.83% stake. [...]
Shares of this undervalued stock under the ‘micro-cap’ category have proven to deliver multibagger returns of around 2,000 percent within a period of just six months. Prime Industries Limited (PIL) is engaged in the business of manufacturing as well as the marketing of ‘Vanaspati’. The company also started manufacturing bakery-quality Vanaspati that is well-accepted in [...]
DDoS attacks can disrupt your business operations. These orchestrated onslaughts, aimed at drowning target systems in a deluge of traffic, pose a grave threat to the very fabric of our digital existence. As organizations battle to keep their virtual doors open, the choice between on-premises and cloud-based DDoS mitigation solutions emerges as a critical determinant [...]
On Friday this small-cap stock jumps more than 7% after the company’s board approved to sell APL unit. The stock has delivered 25% returns in six months. The company's stock is currently trading above both its 200-day and 50-day moving averages. The stock price has been maintained at a high level by a strong and [...]
Kenya, often hailed as the economic powerhouse of East Africa, has been steadily ascending on the global investment stage. Its rapidly growing financial markets offer a wide range of investment prospects, appealing to both domestic and global investors. In this article, we will explore the multifaceted avenues for those keen on harnessing the growth potential [...]
Shares of a defence company zoomed 3.31 per cent on Friday to reach an intraday high of ₹ 424.40 apiece on the National Stock Exchange (NSE) after Its management’s positive commentary on revenue. Its shares settled at ₹ 420.95 apiece. Mishra Dhatu Nigam Ltd. has been assisting ISRO since the start of the Chandrayaan-3 mission. [...]
In an effort to hasten the adoption of electric vehicles in the nation, German luxury automaker Mercedes-Benz India announced on Friday that its network of charging stations will now serve users of other brands. The automaker also unveiled a brand-new "Customer Experience Center" at Chakan, in Pune, and the top-of-the-line EQE 500 4MATIC electric SUV, [...]
This EV stock traded higher in the second half of Friday’s trading session after the company signed an MoU with the Government of Uttar Pradesh to set up its first integrated commercial vehicle Bus plant focused on green mobility in the state. Share price of Ashok Leyland opened at Rs. 180.80 per share and gained [...]
According to a report released on Friday, the tea industry is likely to experience an 8% year-over-year decline this fiscal due to declining export volume as a result of an increase in supply from Sri Lanka. According to a report by Crisil Ratings, the operating profitability of the sector will decline for the second year [...]
On Friday this penny stock jumps more than 5% after the company received an order worth Rs. 197 Cr. The stock has delivered 74% returns in one year. The stock of the company is currently trading higher than both its 200-day and 50-day moving averages. The strong and rising volume that is above average when [...]
The acquisition will improve CRISIL's standing in the new energy and renewables market. Bridge To India Energy Private Limited (also known as "Bridge To India") is a leading provider of renewable energy consulting and knowledge services to financial and corporate clients worldwide. Bridge To India is a subsidiary of S&P Global. CRISIL has entered into [...]
Kerala's renowned Marayoor sandalwood trees are prized for their unmatched fragrance, and this month's auction brought in a record amount of money for the state's forest department. According to officials, the department won the auction, in which major corporations and organizations including Karnataka Soaps, Oushadhi, Jaipur CMT and India Limited, KFDC, and Devaswom Boards participated, [...]
On Friday, shares of this semiconductor design company rose up to 10.7 percent to Rs 98.95 a share after the company applied for a DLI scheme to develop a chip for smart meter applications. At 2:50 p.m., On the Bombay stock exchange, Moschip Technologies Ltd shares were trading at Rs 96 per share, up Rs [...]
Shares of this defence stock under the ‘large-cap’ category hit its fresh 52-week high mark on Friday after receiving an order from a UAE-based company to produce armoured vehicles. In the last six months, the company’s stock has jumped more than 40 percent. With a market capitalization of Rs 52,178.01 crores, the stocks of Bharat [...]
Since the dawn of civilization, humans have been captivated by the future. Whether motivated by fear, curiosity, or the sheer thrill of the unknown, mankind has perennially sought ways to glimpse what lies ahead. From ancient seers to modern algorithms, our history is replete with attempts to forecast the unknown. The same drive propels us [...]
Shares of a large-cap automobile company gained 5.15 per cent on Friday’s early trades to hit a record high of ₹ 5,093.95 apiece on the National Stock Exchange (NSE), after BofA Securities upgraded the stock to buy. According to reports, BofA Securities has upgraded Bajaj Auto to ‘Buy’ from ‘Neutral’ and has revised the target [...]
Indian Business Wire Nominations open through October 5, 2023, L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a major international digital engineering and R&D organization. Awards acknowledge excellent engineers and creative techniques in the area. In collaboration with Information Services Group (ISG), a preeminent worldwide technology research and consultancy firm, and the Indian business news [...]
This mid cap banking stock reached its 52- week high in the market today after the bank accepted bids for its Tier- II bonds worth Rs. 515 crore at a coupon rate of 7.98%. Share price of Bank of Maharashtra opened at Rs. 44 levels and gained 5% to reach its 52- week high of [...]
This S&P BSE Smallcap stock is part of Massachusetts Institute of Technology (MIT, USA), Birla Group and SBI Group’s portfolio and rose over 9% within the first half hour of markets opening after it reported growth on multiple fronts in its analysts’ day presentation filed on 14th September 2023. The company has a market cap [...]
Shares of this construction company under the ‘small-cap’ category jumped around 5 percent in Friday’s trading session after it signed an agreement to acquire a 100 percent stake in a company based out in Brampton, Canada. With a market capitalization of Rs 8,287.64 crores, the stocks of GMM Pfaudler Limited opened their trading hour at [...]
