Price to book value is known as one of the valuation metrics to understand and analyse a stock on the basis of its increasing or decreasing value. In simple terms, it is a comparison of a share’s market price to the company’s book value of equity. Investing in a company with a price to book [...]
Timing is everything in forex trading. With the market open 24 hours a day, five days a week, choosing the best time to trade can significantly impact your trading success. Different trading sessions around the world have varying levels of market activity and volatility. In this comprehensive guide, we'll delve into the best times to [...]
India's automobile sector is the largest, accounting for around 2.3 percent of the Indian GDP. As India is the world's third-largest steel producer, car component makers benefit from lower costs. According to ACMA, the automobile industry's entire turnover would increase by 10-15 percent in FY24. The automotive components industry grew by 23 percent in FY22 [...]
Domestic benchmark indices Sensex and Nifty 50 ended sharply off the day's low on Friday, posting the biggest single-day gain in the last two months. The BSE Sensex closed for the week at 65,387.16, up 0.77%, and the NSE Nifty 50 settled at 19,435.30 points, up 0.86%. Meanwhile, here are eight stocks in which the [...]
The company is the largest producer and supplier of high-quality Ride Control Products such as shock absorbers, Struts, and Front forks for the Indian Automotive Industry catering to Passenger and Commercial vehicles. Gabriel India Ltd shares were trading at Rs 319.20 on the National Stock Exchange on Friday, up 0.87 percent, and the company has [...]
Vijay Kishanlal Kedia is an Indian ace investor who started investing in the stock market at an early age. While speaking about his investment strategy, he said: "One should scout for companies which have good management... Find a very good management, a very honest management and see the product in which the management is going [...]
Many investors prefer to find the stocks of companies that they believe will do well, based on their fundamentals and stay invested in them for a very long period of time. In fact, this is one of the most common beliefs among some of the most famous investors around the world. Staying invested in stocks [...]
Foreign Institutional Investors (FIIs) are institutional investors from outside the nation who invest in a certain country's stock market. These FIIs purchase shares in large quantities, which promotes market efficiency, depth, and liquidity, as well as investor trust in the firm. FIIs are also regarded as market drivers. Furthermore, FII investments influence market sentiment. As [...]
The dividend is the amount of money that a company pays to its shareholders as dividends on a per-share basis. The dividend yield indicates how much a company pays in dividends each year based on its stock price. Here are a few stocks that will be trading ex-dividend next week: Gujarat State Fertilisers & Chemicals Ltd [...]
The net profit margin measures the profits that a company generates as a percentage of its revenue. It helps investors and other stakeholders to assess if a company’s management is generating enough profit from its sales and whether costs are in control. This metric is one of the most important indicators of a company’s financial [...]
Shares of this financial company surged 4% today after details about its recent bulk deals appeared in the exchange. The stock lost nearly 9% yesterday. Shares of Prudent Limited on Thursday opened in a gap down of 5% at Rs. 1135.50 per share. Further, the stock went down another 5% to reach its intra- day [...]
Moody's Investors Service on Friday raised India's growth projection for 2023 calendar year to 6.7% citing upside to growth performance helped up robust underlying economic momentum. In the Global Macro Outlook 2023-24 (August update), Moody's said strong services expansion and capital expenditures have propelled India's 7.8% real GDP growth in the second (April-June) quarter from [...]
India Inc's credit metrics are likely to show further improvement in the September quarter, a domestic rating agency said on Friday. The recent trends in softening of commodity prices, price hikes by companies, and anticipation of a favourable demand are the factors helping the industry, Icra Ratings said. The interest coverage is likely to improve [...]
Share prices of this small cap stock gained 7.5% as the company proceeds to enter a joint venture agreement with a USA based company. The stock saw a heavy volume in the market today. Share prices of Optiemus Infracom Limited closed at Rs. 361 levels after it traded 7.5% higher to reach its intra- day [...]
A significant factor in India's economic development is the automobile sector. It adds 49 per cent to the manufacturing GDP and 7.5 per cent to the overall GDP. In July 2023, total car production stood at 1,67,138 units, total vehicle sales stood at 3,02,521 units and Auto exports stood at 38,636 units. Below listed companies [...]
Equity benchmark Sensex on Friday rallied around 556 points, logging its best single day in two months, while Nifty closed above the 19,400 level on value-buying in power, metal and oil stocks following strong domestic macro data and global cues. The BSE barometer closed higher by 555.75 points or 0.86% at 65,387.16 with 26 of [...]
This education stock jumped nearly 6% after the company took steps towards restructuring the company. This new change will help the company provide better services and mark potential growth in the upcoming future. Shares of Navneet Education Limited closed at Rs. 160.05 and gained nearly 6% to reach its 52- week high of Rs. 163.50. [...]
Shares of India's largest stock exchange soared 7 percent to an all-time high of Rs 1,138.80 per share after the company revised the share buyback offer to Rs 1,080 per share against the previous price of Rs 816. At 3:28 p.m., On the National stock exchange, BSE Ltd shares were trading at Rs 1,115.00 per [...]
Air India CEO Campwell Wilson stated that the group airlines has recruited and onboarded 650 pilots since April 2023. To enhance airline services to the US and increase capacity, Air India Widebody Boeing 777 fleet will have two more by the first week of September in addition to the 2/3 long grounded 787s that have [...]
On Friday this small-cap company hit a 5% upper circuit after its step-down subsidiary received an LOA of Rs. 2,247 Cr. Due to strong and rising volume that is higher than usual when compared to the previous day and week, the stock price has remained high. Both the 50-day and 200-day moving averages of the [...]