Shares of this small-cap stock jumps up to 8.40 percent after signing a Memorandum of Understanding (MoU) with a leading Automobile company based in India. With a market capitalization of Rs 2,900 crores, the stocks of Paisalo Digital Limited opened their trading hour today at Rs 64.25 inching near their 52-week high levels recorded at [...]
Shares of an Indian shoemaker plunged 7.4 percent on Wednesday’s early trades to hit a record low of ₹ 282.75 apiece on the National Stock Exchange (NSE). This happened after volumes jumped at the counter amid reports about a block deal. According to the available data, around 91 lakh shares of the company worth ₹ [...]
The shares of global leader in supply of cables and conductors gained 12 percent to reach all time of Rs 544.15 apiece on Wednesday trade following the company’s strong June quarter financial results. Dynamic Cables Ltd shares were trading at Rs 528.50 a share on the National stock exchange at 1:15 p.m., up Rs 42.55 [...]
Shares of this small-cap cement stock hit the 5 percent upper circuit after billionaire Mr. Gautam Adani-led company plans to buy a majority stake in the company. The company has a market capitalization of Rs 2,600 crores. The stocks of Sanghi Industries Limited started their trading session on Wednesday at Rs 100.73 apiece and, since [...]
Shares of India's largest wine producer and seller tanked 7.4 percent on Wednesday’s early trades to reach an intraday low of ₹ 478.05 apiece on the National Stock Exchange (NSE) after it received an excise duty notice for ₹ 115.90 crore from the Maharashtra Excise Department. At 12:14 PM, its shares were trading at ₹ [...]
Early Wednesday, the shares of a leading player in the power transmission industry with a 45 percent market share fell by 1.2 percent to Rs 249.15 apiece. Power Grid Corporation of India Ltd has announced to issue bonus shares to its shareholders. On the National Stock Exchange at 12:42 p.m., company shares were trading at [...]
Shares of this small-cap stock jumped 14 percent today after the company received an order from Gujarat State Electricity Corporation Limited. In the past six months, the company’s scrip has gained close to 44 percent from Rs 127.10 to the current price level. With a market capitalization of Rs 1,220 crores, the stocks of GE [...]
Dividend yield is a financial metric that compares the amount of cash dividends paid out to shareholders to the market price per share. It is calculated by dividing the dividend per share by the share price and multiplying the result by 100. A dividend-paying stock provides investors with two opportunities of earnings: capital growth of [...]
Companies with a “fundamentally strong” nature portray specific set of characteristics, viz, strong and consistent financials, improving margins, low leverage ratios, and many more. Listed below are two fundamentally strong stocks with a potential upside of up to 30 percent to add to your watchlist: Coromandel International Limited Coromandel International Limited is engaged in the [...]
A multibagger stock in ace investor Dolly Khanna’s portfolio surged 10.63 percent on Tuesday’s trades after the company announced a buyback of its shares. The company’s shares settled at ₹ 686.00 apiece at the closing bell. As per the latest shareholding pattern of Control Print Ltd., Dolly Khanna holds 1,91,207 shares or a 1.17 percent [...]
Consumer demand for Electric Vehicles (EVs) has substantially increased from recent years, and government initiatives have also boosted demand for electric vehicles. As the trend of vehicle electrification grows, the number of component manufacturers for electric vehicle demand expands in industry, such as the design and development of electric vehicle models, the production of batteries [...]
Shares of a real estate company cracked 4.27 percent on Tuesday to reach an intraday low of ₹ 496.90 apiece on the National Stock Exchange (NSE) after a huge number of shares changed hands in a block deal. Media reports claimed that the promoters of DLF were looking to sell more than 2.15 crore shares [...]
Shares of a microfinance institution appreciated 4.6 percent to reach an intraday high of ₹ 858.00 apiece on the National Stock Exchange (NSE) amid talks to acquire a stake. Its shares settled at ₹ 835.20 apiece on Tuesday. Reportedly, Yes Bank was in talks with Kedaara Capital which was looking to sell off its stake [...]
Dubai is the jewel of the crown in the United Arab Emirates. Its beautifully designed architecture and culture attract people around the world. It captivates the traveller’s attention with its sheer opulence and modern marvels. This city is not famous for its Arabian Gulf adventures but is famous for its architectural powers, and iconic landmarks [...]
Shares of a miniratna company zoomed 8.22 percent on Tuesday’s intraday trades to reach a fresh 52-week high of ₹ 152.70 apiece on The National Stock Exchange (NSE), after it announced changes in its management. State-run Hindustan Copper’s shares have gained nearly 30 percent since July 24, 2023, amid management changes in the company. Market [...]
Shares of this small-cap stock in Mr. Vijay Kedia’s portfolio rose up to 5 percent after announcing business updates pertaining to the unit sales performance. In the last one-month period, the company’s scrip rose close to 9 percent from Rs 343.35 to the current price level. With a market capitalization of Rs 975 crores, the [...]
Shares of this Public Sector Undertaking (PSU) under the “Large-cap” category dipped 5.50 percent today after announcing weak results for the quarter ended June 2023. The company has a market capitalization of Rs 1,75,000 crores. The stocks of Power Grid Corporation of India Limited opened their trading hour at Rs 262 and currently are available [...]
The shares of India’s leading Engineering Consultancy & EPC firm fell by 3.7 percent on Tuesday's trade, after hitting a 52 week high of Rs 160.70 earlier in the session. Engineers India Ltd, a leader in refineries and petrochemicals consultancy, has secured a Rs 837.34 crore contract from ONGC for the revamping of gas terminals. [...]
The shares of this Automobile stock under the “Large-cap” category fell 4 percent after various news reports cited a raid that took place at the residence of the company’s Chairman. With a market capitalization of Rs 61,591 crores, the stocks of Hero MotoCorp Limited had a good start to Tuesday’s trading session and hit a [...]
Shares of a brewery notched 9.3 percent gains on Tuesday’s early trades to reach a record high of ₹ 365.00 apiece on the National Stock Exchange (NSE) after it reported robust results for the first quarter of the financial year 2023-24 (June quarter). At 12:20 PM, its shares were trading at ₹ 337.80 apiece. Som [...]
