Rapid urbanisation and industrial expansion contributed to the country's electrical cable industry's exponential rise. According to the report, the India Cable Market is expected to grow at a CAGR of 11.2% during 2022- 2028. In addition, as the country progresses toward Industry 4.0 and the central government-led PLI programs will increase the production of commercial-grade [...]
P/E (Price to Earnings) ratio defines the ratio of a company's current share price to its earnings per share (EPS), which is frequently employed to define the value of a stock. The Sugar stocks mentioned below have lower-than-average P/E ratios, indicating that their stock prices are undervalued in relation to its earnings.This is considered as [...]
Sterling and Wilson Renewable Energy Ltd is a global leader in end-to-end solar engineering, procurement, and construction (EPC) solutions, as well as the management and maintenance of solar power installations. Sterling and Wilson Renewable Energy Ltd shares rose 17.4 percent to Rs 339.70 a share on Monday after analysts recommended ‘buy’ rating, while the company's [...]
Shares of this Small-cap defence stock have proven to deliver multibagger returns within a period of two weeks. In the last five trading sessions itself, the scrip has zoomed 70 percent from Rs 511 to the current price level. With a market capitalization of Rs 940 crores, the stocks of Premier Explosives Limited closed today [...]
After the beginning of Q1 results of FY 2023-24,retail investors are assessing the portfolios of ace investors to determine the direction in which smart money circulated in the previous quarter. Here is a stock that rose after the announcement that Vijay Kedia increased his position in the first quarter of FY2023. Atul Auto Ltd, one [...]
Shares of this mid-cap stock jumped around 3 percent after bagging a 100.8 MW wind power project. In the last one-month period, the scrip has gained over 25 percent from Rs 14.55 to the current price level. With a market capitalization of Rs 22,335 crores, the stocks of Suzlon Energy Limited closed today at Rs [...]
On Monday, shares of the leading Cloud Communications Platform Service provider rose 7.7 percent to a 52-week high of Rs 1,759.90 after the company announced that its promoters had entered into a share purchase agreement to sell their entire 57.56 percent stake. Route Mobile Ltd shares were trading at Rs 1,487.50 at 3:23 p.m., down [...]
Shares of one of India's largest global pharmaceutical manufacturers gained over 2.6% in early trade on Monday after the company announced an agreement to buy a stake in O2 Renewable Energy IX Private Limited. Dr Reddy's Laboratories Ltd shares were trading at Rs 5,215.85 on the National Stock Exchange at 2:11 p.m., up 2.43 percent. [...]
Shares of this micro-cap metal stock gained around 3.50 percent today after celebrity investor Ms. Dolly Khanna increased her stake in the company. The company has a market capitalization of Rs 460 crores. The stocks of Pondy Oxides and Chemicals Limited started their trading session at Rs 399.50 and currently trade at Rs 399, gaining [...]
Winners were awarded prizes by Shri Dharmendra Pradhan, India’s Minister for Education, Skills Development and Entrepreneurship, and Singapore’s Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong A tool to help regulators detect potential suspects of insider trading created by students of Nanyang Technological University, Amity University, and Dwarkadas College of Engineering took the [...]
Shares of this small-cap stock jumped up to 11 percent after announcing its results for the first quarter ending June 2023 (Q1FY23-24). The company’s market capitalization stands at Rs 1,378 crores. The stocks of GTPL Hathway Limited opened their trading hour at Rs 119 and currently trade at Rs 121.30. The scrip witnessed an intra-day [...]
Shares of this small-cap broking stock are trading in the red today and dipped more than 6 percent after an alleged failure to monitor the operations of its Authorised Persons (APs). With a market capitalization of Rs 13,448 crores, the stocks of Angel One Limited are trading at Rs 1,605, a dip of around 6 [...]
The shares of the world's biggest manufacturer of medium-duty defence vehicles, with a 32 percent market share in the medium and heavy commercial vehicle class, gained 1.6 percent to hit a 52-week high of Rs 174.60 after receiving a major defence order. At 12:30 p.m., Ashok Leyland Ltd shares were trading at Rs 173.50 per [...]
Investing in the stock market is an exciting & lucrative venture, but it can also be complex, especially for beginners. Fortunately, with the advancement of technology, numerous online resources and courses can help individuals learn the ins and outs of stock trading. In this guide, we'll explore the benefits of online stock market training for [...]
Thiruvananthapuram: Kerala Automobiles Limited (KAL) has secured a significant order for 100 e autos to be delivered to Maharashtra, Chhattisgarh, and Madhya Pradesh. The order was placed through Arenq, KAL's partner company, marking a milestone in their collaboration. Also, Arenq is actively working towards obtaining approval for KAL's e-autos to operate in Punjab, Gujarat, Tamil Nadu, [...]
A low price-to-earnings ratio (P/E) indicates that a company’s stock price is relatively low as compared to its earnings. Investors use this metric not only to determine a stock's market value but also in determining future earnings growth. The P/E ratio is used in comparison with the industry average and also with the historical P/E. [...]
If you think it is easy to extract text from a pdf, you are wrong! Dragging or scanning any kind of text from a pdf file is a daunting chore. However, using the image to text converter has made it quick and accurate without any trouble. No doubt, it is easy to edit a pdf [...]
The Tata Group is synonymous with trust in India. It is one of the oldest business groups in the country which has a presence in various industries like power, automobile, metals, consumer products and so on. In fact, many of these companies have been great investment options for many years. Here are a few Tata [...]
Net Profit margin is one of the most important parameters for the company to judge its performance on multiple dimensions, i.e., across periods, with peers in the industry, etc. The same is also aggressively tracked by analysts of all the Brokerage Houses. Focusing on the same, listed below are 3 stocks with Multibagger returns under [...]
Indian equity gauges— BSE Sensex and NSE Nifty 50 rallied to a record high on Friday. Some of the top gainers included TCS, Infosys, Tech Mahindra, LTI Mindtree and HCL Technologies. On the other hand, some of the top losers included HDFC Life, M&M, Power Grid Corporation, Titan Company and Dr Reddy’s Laboratories. Meanwhile, here [...]
