The S&P BSE 500 index broadly represents the Indian market. It consists of the top 500 companies listed on the Bombay Stock Exchange (BSE) and covers all major industries in the Indian economy. Here are a few stocks from the BSE 500 that delivered multibagger returns of more than 200 percent in the past year: [...]
After the release of the latest results on Friday, the stock experienced a strong rise. Currently, the stock is trading at 27% above the 50-day moving average and 34% below the 200-day moving average. The strong and rising volume that has crossed the averages from the previous day and the preceding week is supporting the [...]
Shares of this small-cap stock involved in the ‘Paper’ industry gained more than 10 percent in Friday’s trading session after announcing Q1FY24 results. With a market capitalization of Rs 1,240 crores, the stocks of Satia Industries Limited closed at Rs 124.05 on Friday, a gain of approximately 10.27 percent as compared to the previous close [...]
Dredging Corporation of India Ltd (DCI) on Friday announced returning to black as it posted a net profit of Rs 15.15 crore for the April-June quarter on account of reduced expenses. The company had reported a net loss of Rs 15.71 crore in the April-June period of 2022-23. The total income declined to Rs 205.18 [...]
Kalpataru Projects International on Friday said it posted over 28 per cent rise in consolidated net profit at Rs 113 crore in the June quarter mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 88 crore in the year-ago quarter, a BSE filing showed. Total income of [...]
Apollo Hospitals on Friday said its consolidated profit after tax declined by 47% to Rs 167 crore in the first quarter ended June 30, 2023. The healthcare major had reported a PAT (profit after tax) of Rs 317 crore in the April-June quarter of previous fiscal. Revenue grew by 16% to Rs 4,418 crore in [...]
The largest automobile battery producer in India, Amara Raja Batteries Limited, exports to more than 50 countries and provides vehicle batteries to the aftermarket, the best original equipment manufacturers (OEM), and private labelling. Amara Raja Batteries Limited (ARBL) on Friday held the foundation stone laying ceremony of Amara Raja's advanced energy research and innovation centre [...]
An Indian multinational pharmaceutical firm with its headquarters in Ahmedabad, Zydus Lifesciences Limited, formerly Cadila Healthcare Limited, specializes in the production of generic medications. In 2020, the company was listed as number 100 on the Fortune India 500 list. Zydus Lifesciences Ltd on Friday reported over two-fold rise in consolidated net profit at Rs 1,086.9 [...]
Shares of this Navratna CPSE stock under the ‘small-cap’ category jumped up to 7.50 percent on Friday after announcing Q1FY24 results. In the past one month, the company’s stock has gained nearly 20 percent from Rs 41.45 in mid-July to the current price level. With a market capitalization of Rs 8,800 crores, the stocks of [...]
With a market capitalization of Rs 7,200 crores, shares of this small-cap stock gained 11.3 percent post release of Q1FY24 results. The stocks of GMM Pfaudler Limited opened their trading hour on Friday at Rs 1,480 and currently trade at Rs 1,613, a gain of approximately 11.3 percent as compared to the previous close of [...]
In the global market for high-end speciality chemicals, Vikas Ecotech is a rising participant. The business is committed to meeting consumer needs and providing the globe with items that are technologically advanced and eco-friendly. Recycling player Vikas Ecotech Ltd (VEL) on Friday announced bagging a Rs 50-crore order for the supply of multiple materials including [...]
Allcargo Logistics Ltd on Friday reported a 54 per cent fall in consolidated Profit After Tax (PAT) at Rs 119 crore for the June quarter 2023-24. In the year-ago period, the PAT was at Rs 260 crore, the company said in a statement. Revenue during the quarter under review fell a steep 40 per cent [...]
The General Insurance Business (Nationalisation) Act, 1972 (GIBNA) effectively nationalized the entire general insurance industry in India. Through nationalization, the Government of India (GOI) acquired the stock in 55 Indian insurance companies as well as the obligations of 52 insurers engaged in the general insurance business. GIC Re on Thursday reported a 6.1 per cent [...]
Shares of a mining company notched nearly a 19 percent increase in its share price to reach a fresh 52-week high of ₹ 219.65 apiece on the National Stock Exchange (NSE). This happened after the company reported stellar results for the April to June quarter of the financial year 2023-24. According to an exchange filing, [...]
The stock hit 10% upper circuit within the first hour of market open on Friday. The announcement of inclusion in the MSCI India Small Cap Index drove volumes during the hour to more than 6.5x compared to yesterday’s volumes from 5k to 33k. The stock enjoys a bullish sentiment among the community, and from technical [...]
Suryoday Small Finance Bank on Thursday reported a six-fold jump in net profit to Rs 47.6 crore for the first quarter of the current financial year, helped by a decline in bad loans. The lender had reported a net profit of Rs 7.8 crore in the April-June quarter of 2022-23. Its total income increased to [...]
Shares of leading equipment suppliers for Defence and aerospace projects fell 6 percent to Rs 2,161.25 in early trade on Friday, despite the company reporting strong Q1 results. At 12:30 p.m. on the National Stock Exchange, MTAR Technologies Ltd shares were trading at Rs 2,210 per share, down Rs 82.20 or 3.59 percent from the [...]
Shares of a large-cap banking stock escalated 15.4 percent to reach an intraday high of ₹ 31.10 apiece on the bourses after CARE Ratings assigned a credit rating to its Certificates of Deposits. At 11:56 AM, its shares were trading 12.06 percent higher at ₹ 30.20 apiece. Indian Overseas Bank informed the exchanges that CARE [...]
ITC Limited is a multinational with its main office in Kolkata. ITC is present in a variety of sectors, including FMCG, hotels, software, packaging, paperboards, speciality papers, and agro. 13 enterprises across 5 market areas make up the organization. It exports its goods to 90 different nations. Diversified conglomerate ITC Limited on Friday said the [...]
About Greaves Cotton Limited: Greaves Cotton Limited (GCL) is a diversified multi-product and multi-location engineering Company with a rich legacy and brand trust of over 163 years. The Company is a leading name in Fuel Agnostic Powertrain Solutions, E-Mobility, Aftermarket & Retail. The ' Company's diversification strategy is driven by customer-centricity and sustainability. GCL is [...]
