On Thursday this small-cap stock soars ~4% after securing an order of Rs. 605.65 Cr and this stock reached a new 52-week high of Rs. 65.70.The stock price is being supported by a big volume increase that was greater than the previous day and last week. Currently, shares of this company are trading above the [...]
Shares of aerospace and defence companies continued to remain in the limelight on Thursday, as they witnessed a sharp rally amid euphoria surrounding India’s historic landing on the moon’s south pole. Chandrayaan-3 made a successful landing and the stocks of the companies involved appreciated to the tune of 20 percent on Thursday’s early trades. Centum [...]
This small-cap stock soars 8.8% after receiving an order worth Rs. 13.30 Cr. The robust and rising volume, which is higher than averages from the previous day, is helping to support the stock price and this stock is currently trading above both the 50-day and 200-day moving averages. Avantel Ltd On Thursday the company shares [...]
The shares of a leading supplier of rolled and forged products gained 4 percent of Rs 680 in early trade on Thursday after the company received an order from an International customer. At 12:10 p.m., Ramkrishna Forgings Ltd shares were trading at Rs 676.75 apiece on the National Stock Exchange, up Rs 24 or 3.80 [...]
The Life Insurance Corporation of India (LIC) is the largest domestic institutional investor in India. It has a stake in many companies across various sectors in India. Many investors keep track of its portfolio and add those stocks to their watchlist. Here are a few large-cap stocks in which LIC has more than a 10 [...]
TATA Group is one of India's largest conglomerates. Their marks can be seen in a variety of industries. As of March 31, 2022, there are 29 publicly listed Tata firms with a total market capitalization of $311 billion (INR 23.6 trillion). Mutual fund stock market investments may influence the market in every way since they [...]
The share price of a multibagger auto stock in ace investor Vijay Kedia’s portfolio shot up 19.31 percent on Wednesday’s early trades to reach a fresh 52-week high of ₹ 453.45 apiece on the National Stock Exchange (NSE). This happened after the company announced the appointment of its chairman and managing director. According to an [...]
Fundamentally strong companies possess strong financials, such as a low debt-to-equity ratio, considerable profit growth, and consistent cash flow. Such companies are more likely to endure and emerge stronger from market downturns. According to Grand View research, the global pharmaceutical manufacturing market size was estimated at USD 516.48 billion in 2022 and is expected to [...]
June quarter results are almost coming to an end with a lot of companies posting robust numbers by way of zooming their revenues and net profits which, in turn, paves the way for a potential bright future for the companies. Listed below are 2 stocks under the “small-cap” category which portray a revenue growth of [...]
Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into its retail arm Reliance Retail Ventures Limited (RRVL). "This investment values RRVL at a pre-money equity value of Rs 8.278 lakh crore," Reliance Industries said in a regulatory filing. RRVL, through its subsidiaries and associates, [...]
Hindustan Zinc signs Memorandum of Understanding with CSIR-CIMFR at the inaugural session of its 5-day long ‘One Week One Lab’ program, the brainchild of f Union Science and Technology Minister Dr Jitendra Singh • Along with various other mining giants, this MoU will develop and deliver sustainable cutting-edge technologies for social upliftment and industrial advancement [...]
Shares of an electrical equipment manufacturer gained as much as 6.14% on Wednesday trades to reach an intraday high of ₹ 316.35 apiece on the National Stock Exchange (NSE). This happened after the company disclosed a strategy that could lead to double-digit revenue growth. Its shares settled at ₹ 308.55 apiece. The company in its [...]
The CBI has registered two separate cases against Varun Industries for alleged bank fraud of more than Rs 388 crore, officials said Wednesday. The company, its promoters and directors Kailash Agarwal and Kiran Mehta were booked in the two fresh cases registered on separate complaints from the Central Bank of India and Canara Bank, they [...]
Benchmark Sensex rose by 213 points while Nifty settled above the 19,400 level on Wednesday following buying in banking counters and early gains in European stocks. The BSE Sensex climbed 213.27 points or 0.33 per cent to settle at 65,433.30. During the day, it jumped 284.68 points or 0.43 per cent to 65,504.71. The NSE [...]
Realty firm Shriram Properties Ltd (SPL) and ASK Property Fund on Wednesday announced a joint investment of Rs 206 crore in a residential project in Chennai. The joint investment is "towards 100 per cent of development rights in an ongoing project in Chennai, through SPL's wholly owned subsidiary Shrivision Elevations Pvt Ltd." The project acquisition [...]
Onion auctions at all APMCs in Maharashtra's Nashik district closed for three days now, will resume from Thursday as traders protesting the imposition of 40 per cent export duty on the key kitchen staple have decided to withdraw the agitation, a traders' representative here said on Wednesday. The decision was taken in a meeting of [...]
This e- commerce business was trading marginally low at Rs. 507.4 on Wednesday. JM Financial called out the stock for its bullish potential and gave a buy call for the stock at an upside of almost 40% after it required Sobek Auto for Rs. 535 crore. Share prices of Cartrade Tech Limited opened in green [...]
Engineering Infrastructure stock touched the upper circuit after the company ventured into the business of film production, distribution, and allied services, in addition to the existing business. GI Engineering Solutions Limited shares touched the 2 percent upper circuit of Rs 12.10 apiece on the National Stock Exchange in the early trade on Wednesday, and the [...]
Individual investors actively monitor mutual fund house investments because they invest in substantial quantities that might affect stock price movements. Furthermore, it is difficult for retail investors to find all relevant information about a company, Based on Mutual fund investment decisions that help individual investors make informed decisions before investing in any stocks Here are [...]
India's top gas firm GAIL (India) Ltd plans to invest Rs 30,000 crore in the next three years as it expands petrochemical capacity and scouts for LNG supplies globally, its chairman Sandeep Kumar Gupta said on Wednesday. The nation's top gas marketing and transportation firm is looking at liquefied natural gas (LNG) as a transport [...]
