Plastics is a modern-day innovation, India is the 3rd largest consumer of plastic globally. Polypropylene compound products account for 62 percent of polymer consumption in the flexible packaging business, such as luggage. Furthermore, the luggage market has increased at a pace of about 13 percent per year over the previous ten years. As per the [...]
Tata Motors’s shares escalated to a fresh seven-year high of ₹ 585.90 apiece on the bourses after gaining 40 percent in just three months! Its shares were trading at ₹ 412 three months ago and surged to the current level, making the scrip one of the best performers on the Nifty 50 index. The automaker’s [...]
Shares of Aether Industries shot up 10 percent on Wednesday’s early trades to reach a fresh all-time high of ₹ 1,104.50 apiece on the National Stock Exchange (NSE), amid fund-raising plans. At 12:28 PM, its shares were trading at ₹ 1093.55 apiece, up 8.91 percent. The speciality chemical maker has been in the limelight since [...]
With a market capitalization of Rs 170 crore, The shares of Madhav Infra Projects Ltd gained 8 percent on Wednesday's early trade, After the company received a contract to construct a railway over a bridge. According to the exchange filing, In the state of Madhya Pradesh, the company obtained an order for the construction of [...]
On Wednesday's first half session, G R Infraprojects Ltd shares rose 4 percent to Rs 1319. The company has a market capitalization of Rs 12,488 crore. The stock price jumped after the firm received an order from NHAI. According to the exchange filing, the company received an order worth Rs 1085.47 crore from NHAI for [...]
With a market capitalization of Rs 39,968 crores, the shares of Lupin Limited started its trading session today at Rs 832 and currently trade at Rs 878, exhibiting a gain of around 6 percent compared to the previous closing levels of Rs 829.90. The scrip witnessed its fresh 52-week high at a price of Rs [...]
The warships and submarines manufacturer Mazagon Dock Shipbuilders Ltd its shares were trading at Rs 1,309 apiece on Wednesday, up 0.16 percent from the previous close price of Rs 1,299. In a span of one month, the share price has spiralled over 75.60 percent. Over a year, it has generated returns of 436.89 percent. The [...]
Companies with a ‘fundamentally strong’ nature exhibit some characteristics which include favorable leverage ratios, strong financial metrics, etc. Listed below is one such Fundamentally Strong stock to buy now for an upside of 28 percent: Gujarat Fluorochemicals Limited: Gujarat Fluorochemicals Limited is engaged in a diversified business of producing refrigerants, chloromethanes, caustic soda, etc in [...]
‘Dividend yield’ is generally defined as a ratio between the dividend per share and the stock price of the company. It exhibits how much a company pays out as dividends compared to its stock price. Listed below are 3 stocks under the ‘Mid cap’ category which have a dividend yield of more than 5 percent: [...]
Monopoly companies is those which have no or less market competition due to a single-player presence. Monopolistic businesses gain from economies of scale, resulting in reduced average costs such companies usually control the market and are solo or large players in the market. Here is a monopoly stock with more than 85% market dominance. India’s [...]
Shares of Servotech Power Systems are on a roll. The company’s shares gained 4.98% to hit the upper circuit on Tuesday. They were locked at ₹ 191.70 apiece, which is their new all-time high. Servotech Power Systems is engaged in the end-to-end manufacturing, procurement and distribution of EV charging solutions, solar products, energy-efficient lighting solutions [...]
With a market capitalization of Rs 25,583 crores, the shares of Rail Vikas Nigam Limited (RVNL) closed today at Rs 122.70, down around 1.40 percent as compared to the previous closing price of Rs 124.45. Keeping a purview of one year, the stock has delivered multibagger returns of 310 percent. It means that if someone [...]
Shares of Interglobe Aviation, the parent company of Indigo and India’s largest airline operator, opened at a fresh 52-week high of ₹ 2490.00 apiece on the National Stock Exchange (NSE) on Tuesday, after the company placed a huge order for 500 Airbus A320 Family Aircraft. Earlier this year, Tata-owned Air India struck a massive deal [...]
Shares of Dynacons Systems and Solutions Ltd gained 5 percent in the second half of Tuesday’s session. The stock jumped after the company received an order from a Public sector bank. As per the exchange filing. On June 20, the company received an order worth Rs 79.47 crore from Union Bank of India to maintain [...]
Shares of auto ancillary company Timken India suffered a steep fall on Tuesday after nearly 10 percent of the company’s equity changed hands in a large trade. Its share price reached an intraday low of ₹ 3,100.30 apiece on the Bombay Stock Exchange (BSE). At 03:18 PM, its shares were trading at ₹ 3249.00 apiece, [...]
Shares of Amber Enterprises India rose by more than 13 percent to reach an intraday high of ₹ 2387.30 apiece on the National Stock Exchange (NSE). At 01:58 PM, its shares were trading at ₹ 2299.95 apiece. 2.079 million shares had changed hands at the counter on Tuesday, against merely 42.829 thousand shares on the [...]
The shares of W S Industries (India) Limited started their trading session today at Rs 102.60 and, post that, the scrip is locked in the 5 percent upper circuit at Rs 102.82. The same price is marked to be the new 52-week high price for the company. In the last five trading sessions, the stock [...]
Shares of Tega Industries climbed 2.72 percent on Tuesday’s intraday trades after bulk deals took place on the counter. Its share price reached an intraday high of ₹ 950.00 and they were trading at ₹ 943.00 apiece at 01:19 PM. Tega Industries manufactures and distributes specialised, critical, and recurring consumable products for the global mineral [...]
With a market capitalization of Rs 24,246 crores, the shares of Max Financial Services Limited currently trades at Rs 703. The scrip witnessed an intra-day high of Rs 709.40, gaining around 3 percent compared to the previous closing levels of Rs 689.35. According to reports, Max Life Insurance, a subsidiary of Max Financial Services, bought [...]
The largest Commerical air-conditioned(AC) Manufacturer Shares locked 20 percent upper circuit on Tuesday’s first half of the session from the previous close price of Rs 362. The Shares of Subros Ltd rose after Road Transport and Highways Minister Nitin Gadkari stated that air-conditioned truck cabins will soon be mandatory. According to an Economic Times report, [...]
