Investing in cryptocurrencies comes with several risks, one associated with one that often goes unnoticed: the black swan risk. VP of Research, Matthew Hougan, and Development at Bitwise highlight this particular risk in the crypto market. In the context of digital currencies, a black swan event could manifest in several forms. Hougan points out the [...]
About Timex Group India Ltd: Timex Group is renowned for its creation, manufacturing, and global distribution of innovative timepieces. With headquarters in Middlebury, Connecticut, this privately-owned corporation operates through various divisions and employs over 3,000 individuals globally. Timex Group oversees the production of well-known watch brands including Timex, Nautica, Guess, GC, Salvatore Ferragamo, Versace, Philipp [...]
The S&P BSE Smallcap stock’s volumes were rising steadily through the week and today hit 10% upper circuit on Thursday within the first hour since markets opened, at just ~70% of yesterday’s volume. The stock rose 10.0% and made a new 52W High at which it now stands - Rs. 3040.10. Its market capitalization is [...]
When it comes to crypto trading, it is significant to accept the inherent perils and pitfalls. Like trading in equities and commodities, the crypto market can be variable and unexpected. Although, with the right strategies, you can overcome these challenges and generate favorable returns while keeping your trading experience fun and safe. Doing thorough research [...]
Cryptocurrencies have been on the market for almost a decade, but they're still unknown territory for several individuals. Although, learning about crypto and its uses can be relatively simple. Once you perceive their efficiency, you will then realize an important impact. For more information, you can check out Why Businesses Should Invest in Bitcoin. Although [...]
Shares of this Tata Group stock jumped 7 percent after announcing Q1FY24 results. In the last five trading sessions, the company’s stock rose more than 11 percent from Rs 1,714.35 to the current price level. The stocks of Trent Limited, with a market capitalization of Rs 67,581 crores, started their trading session on Thursday at [...]
Since the emergence of Bitcoin in 2009, important advances have been made in blockchain technology. Although, despite its remarkable rise, it still faces several challenges, with the lack of interoperability being a main issue. The complex and individualistic nature of blockchain operating systems makes it uphill to accurately measure progress. This is of concern to [...]
About HPL Electric and Power Ltd is an established electric equipment manufacturing company in India, manufacturing a diverse portfolio of electric equipment, including metering solutions, switchgear, lighting equipment and wires and cables, catering to consumer and institutional customers in the electrical equipment industry. HPL had the largest market share in India's electricity energy meters market, [...]
Shares of a market leader in the Container Glass Industry with over 40 percent market share hit the upper circuit after the company announced impressive June quarter financial results. Hindusthan National Glass and Industries Ltd shares touched an upper circuit of 4.6 percent of Rs 12.40 apiece on Thursday's session on the stock exchange, and [...]
Shares of a small-cap construction company gained 15 percent on Thursday’s early trades to reach an intraday high of ₹ 72.00 apiece on the Bombay Stock Exchange (BSE). This happened after the company reported its results for the April to June quarter of the financial year 2023-24. At 12:32 PM, its shares were trading at [...]
Shares of this multibagger stock engaged in the ‘renewable energy’ sector hit the 5 percent upper circuit on Thursday after the company is set to launch Rs 2,000 crore QIP. The company’s scrip has soared more than 10 percent in the last five trading sessions from Rs 18.50 to the current price level. With a [...]
Manufacturing electricals and home appliances in India, Kochi is the home of V-Guard Industries Ltd. Voltage stabilizers, electrical cable, electric pumps, electric motors, geysers, solar water heaters, electric fans, and UPSs are all produced by the company. Kochouseph Chittilappilly began it as a modest voltage stabilizer manufacturing facility in 1977. Electrical goods manufacturer V-Guard Industries [...]
As a division of the Bata Shoe Organization, Bata India is the largest footwear retailer and producer in India. Incorporated in 1931 with the name Bata Shoe Company Private Limited, Bata India Ltd on Wednesday reported a 10 per cent decline in standalone net profit to Rs 107.8 crore for the quarter ended June 30, [...]
The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. Unveiling the bi-monthly monetary policy, Reserve Bank Governor [...]
On Thursday, the shares of a micro-cap defence stock hits 5% upper circuit to an all-time high of Rs 372.20 per share after receiving an order from the President of India for the Annual Maintenance of Indian Navy Submarines. At 12:55 p.m., on the Bombay stock exchange, CFF Fluid Control Ltd shares were trading at [...]
Shares of an ice-cream maker surged 14.4% on Thursday’s intraday trades to reach an intraday high of ₹ 3080.00 apiece on the National Stock Exchange (NSE). This happened after the company announced its results for the latest quarter. At 12:05 PM, its shares were trading at ₹ 2,895.00, up 7.53%. According to an exchange filing, [...]
Fundamentally strong penny stocks are those that trade at a lower price and have a low market capitalization. Penny stocks are considered very highly risky investments due to their speculative character and lack of liquidity. While these companies have the potential for large profits, they also contain major risks, which investors should be aware of [...]
The RBI on Thursday retained the GDP growth projection for the current fiscal year at 6.5 per cent and raised the inflation projection marginally to 5.4 per cent due to a spike in vegetable prices, including tomatoes. Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said domestic economic activity is maintaining resilience. He [...]
India is the world's second-largest producer and third-largest exporter of tobacco. The tobacco business employs 46 million people. And the industry is attracting attention from investors to capitalize on the projected growth of tobacco stocks. A debt-free firm is one that has no debt or external borrowing. A debt-free company is one that is completely [...]
Tata Power on Wednesday posted an over 29 per cent rise in consolidated net profit at Rs 1,140.97 crore in the June quarter on the back of higher revenues. The company had reported a net profit of Rs 883.54 crore in the year-ago quarter, according to a BSE filing. Total income rose to Rs 15,484.71 [...]
