A block deal is referred to as a single transaction between two parties that involves at least five lakh shares or Rs 5 crore. On Tuesday shares of this mid-cap company fell ~3 after a block deal. APL Apollo Tubes Ltd Mid-cap company APL Apollo Tubes Ltd. has a market capitalization of Rs. 45,188 Cr. [...]
The company that is engaged in the business of trading and distribution of industrial products has set September 9th as the record date for bonus issuance, with the stock gaining over 7.7 percent on Tuesday. At 12:55 p.m., Sunrise Efficient Marketing Ltd shares were trading at Rs 244 a share on the National Stock Exchange, [...]
This Iron & Steel Industrials penny stock hit a 20% upper circuit within the first hour of market open. According to its NSE filing dated 28th August 2023, the company has confirmed a capacity expansion for one of its product verticals and bagging order of size that is roughly 66% of its market cap. This [...]
This S&P BSE Smallcap stock hit 20% upper circuit on Tuesday within the first hour of trading. The stock saw strong spurt in volumes that was 21x yesterday’s volume and 11x the monthly average. The company announced a major acquisition of a foreign company to expand its geographic presence. Gokaldas Exports Ltd (“Gokaldas”) is the [...]
Shares of a mid-cap company from the Tata group notched 4 percent gains after India’s largest domestic institutional investor said that it has increased its share in the company by approximately 2 percent. The company’s shares reached an intraday high of ₹ 1077.00 apiece, against their closing price of ₹ 1035.75 apiece on Monday. According [...]
This small-cap company share hit 5% upper circuit after receiving an order worth Rs. 101.6 Cr on Tuesday. A strong and rising volume that is above average when compared to the prior day and week is assisting the stock price. Gensol Engineering Ltd The company has a market capitalization of Rs. 2,134 Cr., making it [...]
Loan apps are a type of online lending platform that allows users to apply for and receive loans through their mobile phones. Loan apps allow users to apply for and receive loans online, without having to visit a bank or other financial institution. We are here to discuss the top 20 loan apps in India [...]
The shares of a large-cap private sector bank were trading in the green after Goldman Sachs gave it a buy rating with huge upside potential. HDFC Bank’s share price saw a heavy decline after the implementation of the Reserve Bank of India’s (RBI) I-CRR (Internal Capital Adequacy Assessment Process with computation of Risk- Weighted Assets) [...]
Stocks of this small-cap company gained ~ 4% after receiving an order worth Rs. 575 Cr and This stock has delivered 67% returns in six months. The stock price is being supported by the strong and rising volume that is greater than average compared to the previous day and week. Capacite Infraprojects Ltd Capacite Infraprojects [...]
The shares of India's one of the largest real estate companies gained 6 percent of Rs 79 apiece on early trade on Tuesday after the company’s board of directors appointed Mr. Atul Chandra as a Chief Operating Officer. At 12:15 p.m., Indiabulls Real Estate Ltd shares were trading at Rs 77.25 a share on the [...]
The small-cap company’s share price climbed nearly 17% in two trading sessions following an announcement that it is considering the issue of bonus shares. Its shares settled at Rs. 12251.05 apiece on Friday and witnessed a massive increase on Monday, followed by nearly a 6% increase in its share price on Tuesday, to reach an [...]
Return on Capital Employed (ROCE) is a profitability ratio that depicts the company’s ability to efficiently utilize its capital, including both debts and equity. ROCE is determined by dividing earnings before interest and taxes (EBIT) by capital employed. In a ROCE calculation, capital employed refers to the total assets of the Company after all liabilities [...]
Computer Age Management Services Ltd (CAMS) is a financial infrastructure and services provider that offers a mutual fund transfer agency, registrar, KYC registration agency, and other services. The company also offers online transactions, mail-back, capital accounting, and investment services. On Tuesday, Computer Age Management Services Ltd shares were trading at Rs 2,401.50 on the National [...]
Entering the world of stock trading might seem like a daunting task, reserved for financial experts and Wall Street insiders. However, with the right knowledge and approach, anyone can embark on a fulfilling journey in the stock market. In this fast and easy starting guide, we'll break down the essentials of stock trading, equipping you [...]
Sending money across borders has never been easy. Traditional remittance methods can often be slow and expensive, and those who rely on them are often charged significant fees. However, thanks to the emergence of Bitcoin and blockchain technology, the remittance industry is undergoing a revolution. In this article, we'll explore the ways in which Bitcoin [...]
On the final day of bidding on Monday, the Initial Public Offering (IPO) of Vishnu Prakash R Punglia Ltd. was subscribed 87.81 times, helped by strong engagement from institutional buyers. The company is into Engineering, Procurement, and Construction (EPC) works. The Rs 308.88 crore-public issue received bids for 1,92,56,17,350 shares against 2,19,30,000 shares on offer, [...]
With an aim to protect investors' interest and the integrity of the capital markets, SEBI has notified a new framework prohibiting listed entities, with more than 200 non-QIB (qualified institutional buyer) holders of non-convertible debt securities, from delisting voluntarily. Under the new rule, the listed entity will have to obtain permission from all holders of [...]
Asia's richest man, Mukesh Ambani, appointed his three children Isha, Akash, and Anant to the board of the company, which he will continue to lead for another five years, and started carrying out a succession plan for his USD 200 billion energy-to-technology conglomerate Reliance Industries. The three kids have only been involved in the running [...]
Reliance Retail, which recently raised USD 1 billion from Qatar's sovereign agency, has garnered significant interest from a number of renowned international strategic and financial investors, RIL Chairman Mukesh Ambani said on Monday. He also stated that the retail venture would rank among the top four listed entities if it were to be listed on [...]
Venus Remedies announced on Monday that it has received the marketing approval for Enoxaparin in pre-filled syringes in Saudi Arabia. The drug is an anticoagulant, i.e, it prevents blood clots. Enoxaparin plays a crucial role in addressing blood clot formation in patients suffering from deep-vein thrombosis, acute coronary syndrome, heart attacks and pulmonary embolism. Venus [...]
