Free cash flow in any financial year is the amount of cash that is left with a business after they have accounted for all the cash generated from the operations and deduct all the capital expenditure(capex) of that year. And it includes all operating cash income and cash expenses. Here are three Mid-cap multibagger stocks [...]
Introduction Banking has permeated every aspect of our lives in this frantic digital world, transforming how we handle our finances. In addition to this, financial services have become easier and more accessible, with zero-balance accounts emerging as an innovative option. People from all walks of life can use these accounts without being restricted by a [...]
With a market capitalization of Rs 340 crores, the stocks of Dev Information Technology Limited closed at Rs 155.50 today. In the last five trading sessions, the scrip has gained over 16 percent ranging from Rs 133.15 to the current levels prevailing in the market. The movements in the stocks were observed after the company, [...]
The shares of IT giant Tata Consultancy Services Limited (TCS) closed in the red today at Rs 3,238.50, dipping around 0.60 percent compared to the previous closing levels of Rs 3,258.20. The company has a market capitalization of Rs 1,184,983 crores. The company, through a regulatory filing with the BSE, announced the expansion of a [...]
Shares of Jagatjit Industries hit the 5% upper circuit for four days in a row. Its share price reached a 52-week high of ₹ 136.10 apiece on the Bombay Stock Exchange (BSE) on Thursday. Jagatjit Industries Limited manufactures an entire range of alcoholic beverages and markets malt extracts and malted milk foods. In the past year, [...]
MM Forgings Ltd shares increased by 7 percent on Thursday, reaching an intraday high of Rs 927.95. The stock price skyrocketed when the company announced an investment in the EV business. As per the CNBC Report. The company entered the electric vehicle market through acquisition and consequently, the company is expected to start EV operations [...]
The Piotroski score is usually defined as a discrete score between ‘zero’ and ‘nine’ that mainly reflects nine criterias for the purpose of determining the strength of a firm's financial position. This score is used by people to determine stocks with the best value, with nine being the best and zero being the worst. Listed [...]
The shares of IDFC First Bank Limited slipped more than 5 percent today and currently trade at Rs 78. The Bank has a market capitalization of Rs 51,500 crores. Keeping a horizon of one year, the scrip has delivered multibagger returns of around 167 percent to its stakeholders. It means that if someone would have [...]
With a market capitalization of Rs crores, the shares of NMDC Limited fell around 1 percent and closed at a price of Rs 105.75. In the last five trading sessions, the stock witnessed a down movement of around 2.30 percent ranging from Rs 108.25 to the current levels prevailing in the markets. The iron ore [...]
Shares of Crayons Advertising Ltd opened 10% higher and got locked in an upper circuit at ₹ 171.80 apiece on the National Stock Exchange (NSE) after it reported robust results for the quarter and year ended on March 31, 2023. Crayons Advertising was incorporated in 1986 and got listed on the NSE earlier this month. [...]
Shares of Swan Energy appreciated to the tune of 11 percent on Thursday’s early trades to reach a fresh intraday high of ₹ 273.00 apiece, following an update about a meeting of its board of directors. At 01:39 PM, its shares were trading at ₹ 267.55 apiece up 8.58 per cent. Swan Energy is a [...]
The shares of Bharat Electronics Shares gained 3.6 percent to Rs 127.35 on Thursday session, hitting a 52-week high. The stock price is growing due to recent orders secured by the firm, and it recently received another order of Rs.5,900 Crore. As per the exchange filing. The Company obtained orders worth Rs 5,900 crore from Bharat [...]
With a market capitalization of Rs 537 crore, The shares of Axita Cotton Ltd were trading at Rs 27.29, up 0.26 percent on Thursday’s session, Recently Singapore-based FII bought a stake in the company. According to the Livemint report, The Singapore-based foreign institutional investor Nav Capital VCC-Nav Capital Emerging Star Fund acquired 1,00,000 shares of [...]
With a market capitalization of Rs 4,700 crores, the shares of Sansera Engineering Limited saw its shares surging around 9 percent and touched its 52-week high mark at Rs 914.55. In the last one month, the scrip has gained over 12 percent ranging from Rs 780 during May end to the current stock prices. Such [...]
The paper industry has an enormous influence on the growth of the nation's economy, India is the world's 15th largest paper producer. In terms of consumption, India has emerged as the fastest-growing market. India’s Paper industry is expected to grow at a CAGR of 6.63 percent by 2028. As per INDmoney, The Indian government receives [...]
Shares of Balu Forge Industries Ltd share rose 12 percent to Rs 169.95 and reached a 52-week high price on Thursday’s trading session. The stock jumped a day after ace investor Ashish Kacholia bought a 2.16 percent stake. As per the exchange filing. The company board approved the issuance of 1,37,27,000 each on a preferential [...]
After opening at a record high of 63,601.71 points on Thursday, the BSE Sensex cooled off, an hour into trade. The NSE Nifty 50 on the other hand continued to trade flat. Financial and Auto shares buoyed the indices, while IT and power stocks were under pressure. Meanwhile, foreign brokerage houses have raised the target [...]
Dividend yield is generally defined as the amount of cash dividends that are been paid out to shareholders in comparison to the market value per share. Companies which have matured and established for a few years are most likely to pay out dividends to their stakeholders. Listed below are two stocks under ₹ 150 having [...]
Mumbai, June 21st, 2023: Techwave, the leading global Information Technology and engineering services firm launches anchor platform, a cutting-edge cloud-based interactive program management tool that enables users to manage their project tasks in real-time. This robust tool empowers businesses to seamlessly integrate, enhance agility, boost productivity, and achieve remarkable outcomes.Techwave brought in a new paradigm [...]
Shares of Aptus Value Housing Finance slumped 9.4% on Wednesday’s intraday trades to reach an intraday low of ₹ 241.10 apiece on the National Stock Exchange (NSE) after large deals took place on the counter. At 03:17 PM, its shares were trading at ₹ 243.35 apiece, down 8.58%. Aptus Value Housing Finance India is a [...]
