A real estate development company has announced a bonus issue in the ratio of 1:2 and has fixed August 18, 2023, as the record date for determining the eligibility of shareholders to the entitlement of bonus shares. Accordingly, those shareholders who hold the shares of Lancor Holdings as of the record date will receive one [...]
Shares of this multibagger PSU rail stock slipped 6 percent in Thursday’s trading session after the Promoter proposed to sell a stake in the company. With a market capitalization of Rs 26,271 crores, the stocks of Rail Vikas Nigam Limited closed at Rs 126 apiece exhibiting a fall of 6 percent as compared to the [...]
Shares of the listed contract research and manufacturing services arm of Biocon gained 6.6 percent on Thursday’s intraday trades to reach a fresh 52-week high of ₹ 813.00 apiece on the National Stock Exchange (NSE) after the company reported robust results for the June quarter (Q1) of FY 2023-24. Syngene International, Biocon’s subsidiary and India’s [...]
Shares of the largest Indian player in the US generic drug industry jumped nearly 6.5 percent in early trade and reached a 52-week high of Rs 834.80 on July 27 after the business announced the establishment of a subsidiary in Russia. At 1:15 p.m., shares of Aurobindo Pharma were trading at Rs 839.40 , with [...]
Shares of this small-cap stock jumped up to 8 percent today after bagging new orders worth over Rs 2,261 crores. With a market capitalization of Rs 10,000 crores, the stocks of Kalpataru Projects International Limited (KPIL) currently trade at Rs 620. The scrip witnessed an intra-day high, also marked as the new 52-week high price, [...]
Shares of Maharatna, with a market value of Rs 49,399 crore, rose 8.7 percent to a 52-week high of Rs 188.70 per share after the company announced strong June quarter financial results. At 2:00 p.m., REC Limited shares were trading at Rs 188.30 a share on the National stock exchange, up 8.50 Rs or 14.75 [...]
Shares of this large-cap pharma stock jumped 12 percent today post the announcement of financial results for the quarter ended June 2023. In the last one-month period, the company’s stock gained over 18 percent from Rs 1,009 to the current price level. The stocks of Cipla Limited started their trading session today at Rs 1,115 [...]
Shares of a large-cap IT company slumped 5.3 percent to reach an intraday low of ₹1,082.30 apiece after a poor show in its Q1FY24 results (April to June 2023). At 12:36 PM, its shares were trading at ₹ 1118.25 per share. According to an exchange filing, Tech Mahindra’s profit decreased by 38.68 percent to ₹ [...]
The shares of the transformer manufacturer surged 5 percent to a 52-week high of Rs 40.86 per share on Thursday after the company released strong June quarter financial results, Alfa Transformers Ltd shares reached the upper circuit on the Bombay Stock Exchange on Thursday, with a market capitalisation of Rs 37 crore. According to the [...]
The shares of this small-cap stock jumped up to 15 percent today after announcing financial results pertaining to Q1FY23-24. With a market capitalization of Rs 10,000 crores, the stocks of Godfrey Phillips India Limited currently trade at Rs 1,922. The scrip witnessed an intra-day high of Rs 1,975 representing a gain of around 15 percent [...]
Indian investor and trader Vijay Kishanlal Kedia is the largest stakeholder in a number of publicly traded firms. His major stock-picking approach is based on the term SMILE. This abbreviation stands for small in size, medium in experience, large in ambition, and extra-large in market potential. Return on equity(ROE) signifies a company's ability to generate returns [...]
Individual investors must consider the holdings of domestic institutional investors(DIIs) since they trade in large quantities on an ongoing basis, forcing the market to change in their direction. Furthermore, these domestic investors compensate for the withdrawal of funds by FIIs and function as a buffer against market volatility. Here are three Small-Cap stocks with High [...]
Shares of one of India's leading private sector banks gained 7.5 percent to reach a 52 weeks high price of Rs 242.20 apiece after Mahindra group planned to acquire a strategic stake in the bank. RBL Bank Ltd shares closed at Rs 239.20 a share on the National stock exchange, up Rs 15.90 or 7.12 [...]
On Wednesday, the shares of India's largest infrastructure company rose 4.2% to a 52-week high of Rs 2,673.85 a share, with a market capitalization of Rs 3,71,949 crores. Larsen & Toubro Limited shares were trading at Rs 2,646.50 on the National Stock Exchange at 3:00 p.m., up 3% from the previous close price. with a [...]
The Amsterdam Stock Exchange is considered the older securities market as we know it. Dutch East India Company began trading in 1602, some 421 years ago. Fast-forward to today, and there are more than 58,000 listed companies around the globe, each offering investors a share in them. How do you choose which stocks and shares [...]
A multibagger plastic products manufacturer has announced a bonus issue in the ratio of 2:1. The company’s shares closed at ₹ 383.10 per share, after reaching an intraday high of ₹ 396.90 apiece on the National Stock Exchange (NSE). Shish Industries is engaged in manufacturing and selling corrugated plastic sheets which are used in industries [...]
Shares of India’s largest renewable energy solutions provider tanked 10 percent after the company announced its result for the first quarter of the current financial year (Q1FY24). Its shares shed 5 percent on Tuesday and another 5 percent on Wednesday. They were locked in a lower circuit at ₹ 18.05 apiece on the National Stock [...]
Shares of a penny stock gained 16.7 percent on Wednesday’s intraday trades after the company received an order worth 40 percent of its market capitalization and after it allotted shares to a few non-promoters on a preferential basis. Shah Metacorp Ltd is engaged in the business of manufacturing Stainless Steel and Mild Steel Long Products [...]
Shares of this Multibagger small-cap stock hit the 5 percent upper circuit today after announcing the financial results for the quarter ending June 2023, i.e., Q1FY23-24. The stocks of Aurionpro Solutions Limited started their trading session today at Rs 1,077.80 and, since then, the scrip was locked in the 5 percent upper circuit recorded at [...]
Ashish Kacholia’s portfolio speaks for itself and is widely followed by investors. One of his stocks gained 7.75 percent on Wednesday’s intraday trades after the company announced a bonus issue. According to an exchange filing, Raghav Productivity Enhancers Ltd (RPEL) has announced a bonus issue in the ratio of 1:1, i.e., one bonus share of [...]
