‘Dividend’, a very popular term associated with the capital markets industry, refers to the distribution of earnings of a company back to its stakeholders, and, the same is determined by the company’s Board of Directors. The dividend payment is usually paid in the form of cash or reinvestment in the company’s additional stock. Listed below [...]
Westlife Foodworld Ltd shares closed on August 18 at Rs 922.20 per share, marginally down from the previous close price of Rs 927.10, with a market capitalization of Rs 14,380 crores. According to Bombay Stock Exchange data, the stock has delivered multibagger returns of about 10,23,400 percent over a 14-year period, spanning from Rs 0.090 [...]
After some correction witnessed in the benchmark indices, retail investors are in continuous watch for stocks that have the potential to provide multi-fold returns. Listed below is a multibagger stock under the ‘Defence’ industry having a low debt that one should keep on their radar: Zen Technologies Limited With a market capitalization of Rs 7,130 [...]
Ashish Kacholia’s multibagger stock received a huge order from the Myanmar Port Authority. The company marks this new achievement as their first independent international contract. Share prices of Knowledge Marine and Engineering Works Limited spiked 3.2% today. The share opened at Rs. 1,385 on Friday and hit its intra- day high at Rs. 1,430. This [...]
In today's fast-paced corporate world, employee well-being has become a top priority for organizations seeking to optimize productivity and foster a positive work environment. One essential aspect of promoting well-being is through the implementation of ergonomic office furniture, particularly office desks. This article explores the significance of ergonomics in office design and how office desks [...]
On Friday shares of this company opened at Rs. 132.05 and it closed at 137.60. The stocks of this company currently trading 3.1% away from the 52-week high and above the 50-days & 200-days moving averages. In the stock market, a bulk transaction happens when the total number of shares purchased or sold exceeds 0.5% [...]
Navigating the world of online loans can be a daunting experience, especially with the myriad of options available. However, with platforms like CashX, the online loan application process has become seamless and user-friendly. In this blog post, we will dive deep into the process, demystify the common myths, and give you a comprehensive guide on how [...]
Lupin is a pharmaceutical company, develops and sells a range of branded and generic formulations, biotechnology products, and active pharmaceutical ingredients (APIs) in India and abroad. The Mumbai-based drug maker said it has acquired Ondero and Ondero Met, including the trademark rights associated with these brands. The company said it has acquired two diabetes brands [...]
Global Fintech Festival (GFF) organisers on Friday said they are aiming to facilitate funding of over USD 10 million or Rs. 83.1 crore at the upcoming event in the financial capital. This funding target is for startups alone and excludes growth-stage companies which will initiate conversations with investors at the three-day GFF starting from September [...]
Concord is among leading manufacturers of fermentation-based biopharmaceutical active pharmaceutical ingredients (API), focused on niche segments such as immunosuppressant, oncology, antifungal and antibacterial. The company, which has 23 API products, has three manufacturing facilities at Valthera, Dholka, and Limbasi, in Gujarat. Shares of Concord Biotech ended with a premium of over 27% against the issue [...]
Equity benchmark index Sensex buckled under selling pressure for the second straight session to close below the 65k mark on Friday, as investors offloaded IT, teck and metal energy stocks amid a bearish global trend. Besides, fresh foreign fund outflows also hit investor sentiments, traders said. In a volatile trade, the 30-share BSE Sensex declined [...]
Shares of this small-cap stock dipped 5 percent in Friday’s trading session. In the last six months, contrasting to the intra-day movement, the company’s stock has witnessed a rally of around 90 percent from Rs 246.30 to the current price level. With a market capitalization of Rs 1,700 crores, the stocks of IFGL Refractories Limited [...]
The All India Council for Technical Education (AICTE) has partnered with Jio Institute for a faculty development programme on Artificial Intelligence (AI) and Data Science, according to a release. Jio Institute, known for its AI and DS programme, will serve as the host institution for the five-day residential faculty development programme. AICTE has collaborated with [...]
Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Jio Financial Services Ltd (JFSL) demerged from Reliance last month and is currently listed under a dummy ticker after its price discovery at Rs 261.85 but there is no trading happening [...]
This stock was listed on August 7, 2023, at Rs. 304 and it delivered 13% returns on the same day. Following the disclosure of its most recent results, the company's shares increased 9% on Friday. The strong and rising volume that has crossed the averages from the previous day and the preceding week is supporting [...]
Promoter holding refers to the stake held by promoters, i.e., persons who founded the company or are currently controlling its daily affairs. They are typically the largest shareholders in a company and play an instrumental role in its growth and success. Promoters may hold shares in a company in their individual capacity or through trusts. [...]
Shares of a cable manufacturer zoomed 9 percent on Friday’s trades to reach an intraday high of ₹ 1122.60 apiece on the National Stock Exchange. This happened after Jefferies raised its target price post the recent earnings call. At 03:12 PM, its shares were trading at ₹ 1058.00 apiece. Finolex Cables reported a 34 percent [...]
Venus Remedies is a business that manufactures medications. The business offers formulations for oncological treatments and antibiotics. Pharma major Venus Remedies Ltd on Friday said it has launched its flagship R&D drug, Elores, in the USD 1.4-billion pharmaceutical market in Oman. "Clinically proven to be one of the best drugs against ICU infections caused by [...]
Shares of this small-cap stock jumped up to 8 percent after commissioning new LPG Stations. In the last six months, the stock has jumped around 22 percent from Rs 65.40 to the current price level. With a market capitalization of Rs 2,261 crores, the stocks of Confidence Petroleum India Limited started their trading session on [...]
The talks between the two companies are at its final course. They are very close to signing the deal and its stock price has already spoken. Opened at Rs. 1,745.95 on Friday, Bata India Limited share prices have seen a strong momentum today. The stock price went up to 7.5% as Rs. 1,763 the last [...]
