An outdoor advertising agency with a market Capitalization of Rs 435 crores surged 8.2 percent in early trade on Wednesday to hit an all-time high of Rs 316 per share after Mauritius-based foreign portfolio investor (FPI) Aegis Investment Fund purchased a stake in the company. Bright Outdoor Media Ltd shares were trading at Rs 312 [...]
Shares of a small-cap IT stock gained 6.6 percent to reach a 52-week high of ₹ 728.50 apiece on the National Stock Exchange on Wednesday’s early trades after the company received a key order. At 01:13 PM, its shares were trading at ₹ 714.10 apiece. Newgen Software Technologies informed the bourses that it has received [...]
A company’s return on equity (ROE) and return on capital employed are two important metrics that are used to gauge a company’s operational efficiency and profitability. These are some of the most important ratios that investors consider before investing in a company. The ROE considers profits generated per rupee of equity employed in a company, [...]
Shares of a BSE-listed finance company gained 6.83 percent in three sessions after ace investor Ashish Kacholia’s name appeared in its shareholding pattern. Its shares reached a fresh 52-week high of ₹ 648.00 apiece on Wednesday’s trades on the Bombay Stock Exchange (BSE). As per the shareholding pattern of SG Finserve for the April to [...]
Shares of this small-cap media house are soaring today after the release of financial results for Q1FY23-24. The company is also observed to be trading near its 52-week high levels. With a market capitalization of Rs 7,414 crores, the stocks of TV18 Broadcast Limited are currently trading at Rs 43.20, a gain of around 10 [...]
The “Dividend Yield” is one of the well-known metrics that measure the quantum of dividends paid out to stakeholders relative to the market value on a per-share basis. The same is computed by dividing the dividend per share by the market price per share Listed below are two stocks from the Tata universe that have [...]
The Indian renewable energy industry is estimated to grow at a CAGR of more than 10% between 2023 and 2028.In the long run, the industry is projected to be driven by factors such as government rules that assist, increased environmental awareness, incentives, and tax advantages for installing solar panels. The Ministry of New and Renewable [...]
Reliance Industries’ spun-off entity is all set to enter the National Stock Exchange’s (NSE) gauge Nifty. As per the index methodology, this entity would be included in indices effective from July 20 (Close of July 19). Recently, Axis Securities recommended that investors can buy the shares of Reliance Industries before the record date, i.e., July [...]
In recent months, India has received the most FII inflows among any developing economies. With the Indian economy on an upward trajectory, Foreign Institutional Investors(FII) have invested more than $16 billion in the first 16 weeks of FY24. According to NSDL statistics (June 16-30), FIIs were net buyers of Rs 13,300 crore in financial stocks, [...]
A large-cap IT stock gained 3.87 percent to reach an intraday high of ₹ 1,477.95 apiece after the company announced that it has entered into a framework agreement with one of its existing strategic clients to provide AI and automation-led development, modernization and maintenance services, with a targeted spend of $ 2 billion over a [...]
From Bullet Proof Vehicles, Mob Controlling, Advanced Firearms, Anti Drone guns to AI-equipped UAVs, geospatial solutions, and more, Delhi is set to host International Police Expo 2023 Over 7,000 eminent researchers, security experts, technology developers, Senior Police Officers of State and Union Territories and International Police experts to participate at International Police Expo 2023 New [...]
Shares of this Penny stock hit their 52-week high after JV company received a Letter of Acceptance ((LoA) for a project in Himachal Pradesh worth Rs 138.24 crores. With a market capitalization of Rs 240 crores, the stocks of RPP Infra Projects Limited closed today at Rs 64. The scrip witnessed an intra-day high of [...]
Shares of one of the pioneer and leading manufacturers in the steel tube and pipe business gained 8 percent to Rs 42.25 on Tuesday's first half session following announcement of strategic partnership with JSW Steel, At 3:05 p.m., Rama Steel Tubes ltd shares were trading at Rs 40.30 per share, up 2.81 percent. According to [...]
Shares of a small-cap Non-Banking Financial Company (NBFC) gained nearly 8% on Tuesday’s early trades after a company co-owned by ace investor Ashish Kacholia bought a stake in it. Its shares reached an intraday high of ₹ 236.75 apiece against a previous close of ₹ 219.50 apiece on the National Stock Exchange (NSE). As per [...]
The shares of India's premier telecom company and multi-unit central public sector undertaking that provides total solutions in the telecommunications segment rose 4.2 percent on Tuesday's trade following recognition from ISRO for its role in the launch of Chandrayaan-3. At 2:30 p.m., ITI Limited shares were trading at Rs 111.00 per share, up 2.35 percent. [...]
Shares of Tata Group Agro-chemical stock jumped after another Tata Group company increased its stake via a Block Deal today with 97 Lakh shares exchanging hands. With a market capitalization of Rs 4,200 crores, the stocks of Rallis India Limited are trading in the green today trading at Rs 217. The scrip witnessed an intra-day [...]
Shares of this small-cap IT stock are trading in the red today falling around 5 percent after completing a Qualified Institutions Placement (QIP) of equity shares at a discount to the floor price set by the company. The stocks of Happiest Minds Technologies Limited are currently trading at Rs 944.10, a fall of around 5 [...]
In Tuesday's early trade, shares of the country's second-largest automotive battery manufacturer and technological leader in lead-acid batteries fell 6% to Rs 643.40 apiece on reports of a block deal. Amara Raja Batteries Ltd shares were trading at Rs 650.15 on the NSE at 12:40 p.m., down 5.05% from the previous close, with a market [...]
The manufacturer of ‘Sleepwell’ mattresses, has cemented its leadership position in foam-based home-comfort products and marked its entry into the branded furniture market, by announcing the acquisition of a stake in its rival companies, in two simultaneous deals. These acquisitions will make the company an undisputed leader across major product categories. Shares of Sheela Foam [...]
Shares of this Mid-cap Private-sector Bank slipped around 0.30 percent today. On the contrary, having a positive outlook, the Bank’s stock has been covered with a ‘Buy’ tag with a decent upside. In the last one year, the scrip has gained around 29 percent from Rs 103 in July 2022 to the current price level. [...]
