When asked about money management, Warren Buffett replied, “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1”. The world is changing and bringing several alterations. Inflation, wage changes, and supply and demand dynamics reduce purchasing power. The living standard has reduced, and individuals experience severe budget constraints. So much so [...]
Shares of a multibagger stock in the power sector rallied 10 percent on Monday’s early trades to touch a fresh record high of ₹ 5349.95 apiece on the National Stock Exchange (NSE), amid a healthy business outlook. At 11:40 AM, its shares were trading at ₹ 5230.15 apiece. Apar Industries manufactures and supplies conductors, a [...]
India’s leading wind power operations and maintenance (“O&M”) service provider gained 4 percent to Rs 69.90 apiece after it received an order from a Navratna PSU of Govt of India. At 1:12 p.m., INOX Green Energy Services Ltd shares were trading at Rs 69.30 a share on the National Stock Exchange, up 3.59 percent, with [...]
This stock is a 100% subsidiary of Bharat Forge Ltd and it hits 5% upper circuit today after receiving an order of Rs. 850 Cr. The stock price is being supported by the strong and rising volume, which is above the averages from the previous day and week and it has delivered 52% returns in [...]
Shares of this mid-cap NBFC stock jumped up to 8 percent in Monday’s trading session post recovery of a large Non-Performing Account. In the last six months, the company’s stock has gained nearly 40 percent from Rs 472.64 to the current price level. With a market capitalization of Rs 17,149.80 crores, the stocks of PNB [...]
Demand for oil and fossil fuels in India continues to expand. With strong economic growth, the need for gas production will continue to grow. India is looking to clean up its pollution problems with clean energy transportation; however, the plan for net-zero carbon is far out into the future. So, the Indian government is looking [...]
The shares of Specialty Chemicals maker soared approximately 16 percent to Rs 54.90 per share on Monday after the company received multiple orders totaling Rs 5.74 crores. At 12:40 p.m., Syschem (India) Ltd shares were trading at Rs 52.90 a share on the Bombay Stock Exchange, up Rs 5.50 or 11.60 percent, with a market [...]
ReNew Energy Global Plc on Saturday reported a net profit of Rs 298.3 crore in the April-June quarter of 2023-24 against a loss of Rs 10.4 crore in the year-ago period. Total income was Rs 2,465.9 crore in the first quarter of FY24 against Rs 2,500.7 crore in April-June 2022, according to a company statement. [...]
India has the potential to emerge as a global plastic supplier and the domestic plastic market is expected to more than triple to reach Rs 10 lakh crore by 2027-28, officials said on Sunday. According to the All India Plastics Manufacturers Association, the market size of plastics in India was Rs 3.5 lakh crore. Besides [...]
Adani Electricity Mumbai is investing over Rs 2,000 crore to build two new transmissions lines in the city to strengthen its network as it moves closer to go greener by sourcing as much as 60 per cent of the energy needed for the city from renewables by 2027, a senior company official said. The two [...]
The Rajasthan government has approved Rs 381.74 crore for the development and strengthening of six canal water projects in different areas of the state. With this approval, Rs 79.94 crore will be for water availability in the Rajsamand dam by increasing the capacity of the Khari feeder, Rs 17.60 crore for the Balera and Sanchore [...]
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, were listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began the trade at Rs 265, up 1.20 per cent against Rs 261.85, [...]
Undervalued shares have a market value lower than their intrinsic value. They could be undervalued due to multiple reasons ranging from socio-economic, sector-specific, or overall market slowdown. Meanwhile, mid-cap stocks are those stocks that have a market capitalization between ₹ 16,800 and ₹ 49,800. One of the most common ways of finding undervalued stocks is [...]
Converting milligrams (mg) to milliliters (mL) is not a direct conversion because milligrams measure mass or weight, while milliliters measure volume. The conversion between the two depends on the density of the substance you're dealing with. Density is the mass of a substance per unit volume. The formula for converting mg to mL is: Volume [...]
Shares of this small-cap stock hit the 5 percent upper circuit after Morgan Stanley Asia buys a stake in the company. In the last one-month period, the company’s scrip has gained nearly 19 percent from Rs 729.70 to the current price level. With a market capitalization of Rs 1,152.67 crores, the stocks of Repro India [...]
The Wires And Cables Market is an important segment of the electrical industry. As per the GlobalNewswire report Over the next few years, the global wires and cables market is expected to grow with a CAGR of 8.2 percent, driven by increasing demand from the construction and automotive industries, as well as the growing adoption [...]
Here are 3 penny stocks that are fundamentally strong, with expanding margins, growing top and bottom lines over the recent fiscal years and have impressive returns over the medium term holding period. Moreover, these stocks trade at low P/S, i.e, have revenues much higher above their market cap coupled with low price makes them stocks [...]
Domestic benchmark indices Sensex and Nifty 50 failed to hold intraday recovery and ended lower on Friday. In fact, the Nifty 50 posted the fourth straight weekly loss for the first time in 15 months. The BSE Sensex closed for the week at 64,948.66, down 0.75%, and the NSE Nifty 50 settled at 19,310.15 points, [...]
Its results season with a bunch of companies clocking huge improvements in the net profit numbers during recent quarters and on an annual basis as well. Listed below are three stocks that registered a net profit growth of more than 2,500 percent comparing the June 2023 quarter and the same quarter the previous year: Indian [...]
The P/E (Price to Earnings) ratio compares a company's current share price to its earnings per share (EPS), which is a generally used measure to determine a stock's value. A Company with a lower P/E ratio is often better than the market average or competitors. This indicates that investors are paying less money for every [...]
