The shares of this large-cap automobile stock slipped more than 5 percent today after another player in the industry is striving hard to eat up the existing customer base by offering new models at much affordable rates. Eicher Motors Limited is an India-based automobile manufacturer conducting business through two broad product types such as motorcycles [...]
A market leader is a company that has the largest market share in a given industry. It is described based on the highest profitability margin, sales growth, and revenue as well. Here is a market leader small stock with a market dominance of 25%. Finolex Industries Ltd is India's most renowned and exclusive manufacturer of [...]
With a 27 percent market share, India's leading player in the electricity metering solutions business gained 16 percent in the first half session on Tuesday, reaching an all-time high price of Rs 149.70. The shares increased after the company received Rs 2,207.53 crore order. At 12:15 pm, the shares of Genus Power Infrastructures quoted Rs [...]
Stocks with an ‘undervalued’ nature portray characteristics such as having a market value that is lower than their true intrinsic value. The process of investing in such undervalued stocks is called ‘Value Investing’. Listed below are four undervalued Large-cap stocks that investors should keep an eye on: Hero Motocorp Limited Domiciled in India, Hero MotoCorp [...]
Reliance ADA Group Chairman Anil Ambani on Monday appeared before the Enforcement Directorate (ED) here and recorded his statement in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. The industrialist and his wife Tina Ambani have been summoned again for a similar round of questioning later [...]
Torrent Power on Monday said it is working on a pilot project for blending green hydrogen with natural gas in the city gas distribution (CGD) network. The pilot project underway in Gorakhpur, Uttar Pradesh, is expected to complete in 8 months, the company said in a statement. "Torrent Power is implementing a green hydrogen pilot [...]
Semiconductor company Microchip has earmarked USD 300 million for investment in India spread over multiple years, a senior company official said on Monday. Microchip President and CEO Ganesh Moorthy said that the investment will be made in people, training and certain infrastructure like research and development centre, lab and equipment, and offices. "USD 300 million [...]
Jewellery retail major Senco Gold Ltd has fixed a price band of Rs 301 to Rs 317 for its Rs 405 crore initial public offering (IPO), which will open for public subscription on July 4, the company said on Monday. The initial share sale will conclude on July 6 and the bidding for anchor investors [...]
Hankotrade is a rapidly growing trading platform established in 2018 and headquartered in Dubai, UAE. It has gained popularity among traders worldwide. Renowned for its exceptional customer support and top-notch trading solutions, Hankotrade aims to offer a comprehensive trading experience. What Trading Instruments Does Hankotrade Offer? Hankotrade caters to traders of all levels by providing [...]
Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum. Rallying for the fifth straight session, the 30-share [...]
Samvardhana Motherson International Limited (SAMIL) is one of the largest and fastest-growing automotive OEM suppliers in the world. It is a diversified global manufacturing expert and is one of the top 25 global automotive suppliers. The company has a 24 percent global market share in the manufacture of exterior mirrors for passenger cars, commercial vehicles, [...]
The shares of public sector banks have been in focus these days. The Nifty PSU Bank index surged 3.6 percent today, on the expectation of an improvement in the banking industry’s loans ratio amid favourable economic prospects. Over the past year, the index delivered a massive return of 71.13 percent., as compared to the Sensex [...]
This lesser-known Tata Group stock has generated better returns for its shareholders as compared to other well-known companies in the group. For example, in the last one year, Tata Consultancy Services gained merely 1.20%, Tata Motors gained 44.91% and Indian Hotels Company gained 68.08%. In fact, the company has outperformed the benchmark indices as well. [...]
P/E Ratio or Price to Earnings Ratio is a widely used metric to define the value of a stock, this P/E depicts the ratio of the current price of a company’s share in relation to its earnings per share (EPS). In particular situations, a company's share price is relatively greater than its earnings, indicating that [...]
With a market capitalization of Rs 5,00,000 crores, the shares of Bharti Airtel Limited are trading in the green today and are currently available for Rs 880. In the last five trading sessions, the scrip gained around 3.40 percent ranging from Rs 851.65 at the end of June to the current price levels. According to [...]
The stock of BSE Limited saw a jump of around 9 percent today and currently are available for Rs 661. In the last one month period, the scrip gained nearly 15 percent ranging from Rs 576.70 at the start of June to the current levels. The stock prices increased after the company, through a regulatory [...]
Shares of Vasa Denticity gained 16.8 percent on the NSE SME exchange to reach an all-time high of ₹ 382.95 apiece after ace investor Ashish Kacholia invested in the company. At 12:58 PM, its shares were trading at ₹ 374.00 apiece, up 14.08 percent. Vasa Denticity is engaged in the business of marketing and distribution [...]
Gujarat Gas Ltd, India's largest city gas distribution provider, rose roughly 5.6 percent in the first half session on Monday, Company shares jumped after the government hiked import duty on propane for commercial use. Gujarat gas is engaged in the business of Natural gas that involves distribution of gas from the source to the end [...]
Shares of Suzlon Energy witnessed a notable surge of 9.8 percent on Monday’s early trades. Extending its gaining streak to six sessions, its share price reached a fresh 52-week high of ₹ 16.80 apiece and was locked at that price at 12:08 PM. According to reports, multiple block deals took place on the counter, where [...]
The shares of NMDC Limited, India’s largest iron ore producer, opened their trading hour at Rs 106 and currently trade at Rs 107.50, surging around 3 percent compared to the previous closing levels of Rs 104.65. It has a market capitalization of Rs 31,400 crores. One of the probable reasons for the company’s stock to [...]
