The price/earnings-to-growth(PEG) ratio is a valuation metric that describes the relationship between the price of a stock, the earnings generated per share, and the growth rate. PEG Ratio is calculated by dividing the PE ratio of a stock by its percentage EPS growth rate. A PEG ratio of “1” represents a perfect correlation between the [...]
A ‘Blue-chip’ stock is generally defined as a stock of well-established and financially strong companies with an excellent reputation. Moreover, these companies have a long operating history, decent earnings, and pay dividends to their investors on a regular basis. Here in this article, we will look at one such Bluechip stock with an upside potential [...]
Global brokerage JP Morgan believes that demand deterioration in the IT Sector persists in the June quarter as well and that a quick recovery is unlikely over the next six to nine months. It trimmed its Street-low estimates by 1-3 percentage points for a few IT stocks including Tata Elxsi, to bake in the weakness [...]
Shares of Aurionpro Solutions Ltd locked a 5 percent upper circuit on Thursday’s first half of the session from the previous close price of Rs 953.55. The stock climbed a day after Domestic investor Malabar India Fund purchased a stake in the company. According to Moneycontrol, Ace investor Sumeet Nagar's Malabar India Fund bought 2.63 [...]
Varun Beverages Limited is engaged in the business of manufacturing, bottling, and distribution of beverages under the ‘Pepsi brand. Except for the sales within India, it sells its products in certain pre-defined territories such as Nepal, Morocco, etc. The company’s shares are currently trading at Rs 827.45, gaining around 2.50 percent as compared to the [...]
With a market capitalization of Rs 3,060 crores, Nucleus Software Exports Ltd shares were trading at Rs 1,158, up 2.80 percent on Thursday’s trading session as compared to the previous closing price of Rs 1,132. As per BSE filings, Company announced a strategic partnership with Mahindra & Mahindra Financial Services Limited. This collaboration will automate [...]
Bharat Dynamics Limited (BDL) is a government-owned public-sector corporation in India. The company is engaged in the manufacturing of guided missiles and allied defense equipment. With a market capitalization of Rs 20,718 crores, Bharat Dynamics limited shares gained 4 percent on Thursday’s trading session and closed at Rs 1,130.40 apiece, up 2.27 percent. This significant [...]
Shares of Godrej Industries surged 5.47% on Thursday’s early trades to reach a 52-week high of ₹ 1589.00 apiece on the National Stock Exchange (NSE) after the firm entered into an agreement to acquire a land parcel of 7.44 acres in Kolkata’s New Alipore from West Bengal Housing Infrastructure Development Corporation. Godrej Properties emerged as [...]
India is growing at a steady pace, becoming self-reliant and stable in its power sector. Verified Market Research indicates that the India voltage stabiliser market would cross $ 550 million by 2023*. Now India is on a journey to revolutionise its stabiliser industry. The Indian government's vision to improve the energy infrastructure to its pinnacle [...]
With a market capitalization of Rs 800 crores, the shares of D-Link (India) Limited started their trading session today at Rs 224.95 and currently trades at Rs 228, gaining around 1.20 percent as compared to the previous closing price of Rs 224.95. As per the Bulk Deal data available with the National Stock Exchange (NSE), [...]
From losing money borrowed from friends and parents to amassing a mass fortune within a short period. Here is an inspiring story of a young trader who transformed his passion for trading into an extraordinary success story. Amit Kumar, a 23-year-old, started his trading journey during the time of Covid while pursuing a BA from [...]
Shares of Lokesh Machines Ltd locked a 20 percent upper circuit on Thursday’s first half of the session and touched a 52 weeks-high price of Rs 186 from the previous close price of Rs 154.95. The stock skyrocketed after the company received a license from the Ministry of Home Affairs, New Delhi. As per the [...]
The stocks of SJVN Limited opened their trading session today at Rs 39.00 and currently trade at Rs 39.20. The scrip witnessed an intra-day high price of Rs 40.65 indicating a gain of around 6 percent as compared to the previous closing price of Rs 38.45. Year-to-date, the stock has soared close to 12 percent [...]
Shares of Fertilisers And Chemicals Travancore Ltd (FACT) zoomed 8.76% on Thursday’s early trades to reach a fresh 52-week high of ₹ 409.75 per share on the National Stock Exchange (NSE). At 12:29 PM, its shares were trading at ₹ 398.40 apiece, up 5.75%. FACT is the first large-scale fertiliser plant in India. It is [...]
A ‘Dividend’ is usually defined as the distribution of a company's earnings to its shareholders and is determined by its Board of Directors. Dividends are often been distributed once in three months and the mode of payment could be in cash or in the form of reinvestment in additional stocks of the company. Moreover, an [...]
Shares of Adani Green’s Rival — Reliance Industries were trading at ₹ 2548.05 apiece on the National Stock Exchange (NSE) at 12:08 PM on Thursday, after a positive note from the brokerage firm Bernstein. Bernstein highlighted that going forward, clean energy is the new pillar for growth for Reliance Industries. It believes that the new [...]
India is a land of opportunities. The Indian market includes a broad spectrum of industries in many sectors, but just a handful of businesses are demonstrating a substantial rise in their market share over time. This is owing to upgrading market circumstances as well as strategic planning and forecasting. Here are 3 companies that have [...]
Leading investment bank Jefferies sees a massive upside in an Indian large-cap stock. Recently it initiated coverage on 22 major companies in India and has rated 17 companies with ‘buy’, four with ‘underperform’ and one with ‘hold’. It said that earnings growth and margin traction are supporting interest in Indian industrials, while utilities have limited [...]
Jindal Group stocks closed in the green today with the highest jump witnessed by JSW Holdings Limited which rose around 11 percent closing at Rs 4,825. Apart from the same, others in the list include JSW Steel Limited with a closing price of Rs 774 (a gain of 2.3 percent) and JSW Energy Limited closing [...]
Shares of KEC International (KEC) gained 6.17% on Wednesday’s trades to reach an intraday high of ₹ 586.15 apiece on the National Stock Exchange (NSE) after the company received a huge order. Its shares settled at ₹ 567.75. KEC International, a part of the RPG group, is engaged in Engineering, Procurement and Construction (EPC) business. [...]
