Most companies have already posted their results for the March quarter of FY23. Some have missed analyst expectations, whereas others have met or exceeded their expectations. The banking sector stood out with an impressive performance, led by an increase in net interest income, growth in advances, expansion in net interest margins, and fall in provisions. [...]
The company's strong financials are based on long-term goals, strategies, and future plans, which have a direct influence on the firm's sales and profit. Companies that adapt to change in this competitive environment will thrive and prosper. Here are 3 stocks with a Net profit CAGR of more than 60% and no reported loss in [...]
The shares of Urja Global Limited were locked in the 20 percent upper circuit today and closed at Rs 12.70. It has a market capitalization of approximately Rs 700 crores. According to a regulatory filing over the BSE on 8th June 2023, the company announced that it has signed an agreement with ‘Tesla Power India [...]
Shares of Go Fashion (India) Ltd contracted 5 per cent on Monday’s intraday trades to reach a low of ₹ 1135.00 apiece amid news of a stake sale by venture capital firm Sequoia Capital. Reports suggested that the firm would sell its entire 10.18 per cent stake in Go Fashion, the parent company of the [...]
India's largest life insurer, Life Insurance Corporation(LIC) of India has increased its shareholding in Steel Authority of India Ltd India by 2.001 percent from 28,64,03,775 to 35,88,07,919 equity shares. With this, its stake in the paid-up share capital of the company has gone up from 6.93 percent to 8.68 percent. The shares were purchased in the [...]
Shares of PTC Industries opened in the green and shot up 20% to hit the upper circuit. Its shares were locked at ₹ 3684.15 apiece. The company’s shares were already listed on the Bombay Stock Exchange (BSE) and they got listed on the National Stock Exchange (NSE) only on Friday, June 09, 2023. PTC Industries [...]
Shares of Easy Trip Planners Limited started their trading session today at Rs 43.20 and currently trades at Rs 45.30. The scrip witnessed an intra-day high of Rs 46.80, indicating a gain of around 9 percent as compared to the previous closing levels of Rs 43.10. The company has a market capitalization of Rs 7,926 [...]
The shares of Cochin Shipyard Limited are currently trading at Rs 554. The scrip witnessed an intra-day high of Rs 574, indicating a gain of around 6 percent as compared to the previous closing price of Rs 539.75. The company has a market capitalization of Rs 7,300 crores. Such movements in the stock prices are [...]
With a market capitalization of Rs 5,113 crores, the stocks of CMS Info Systems Limited are currently trading at Rs 331, a gain of approximately 8 percent as compared to the previous closing price of Rs 307.40. Such stock price movements are observed after the Promoter group sells a stake in the company. As per [...]
The shares of Atishay Ltd gained 7 percent and reached an intraday high of Rs 35.80 on Monday's first half session. The company has a market capitalization of Rs 39 crores. The company's stock price surged after obtaining an order from a government financial institution. According to exchange filings, The National Bank for Agriculture and [...]
Small-cap Pharma stock FDC Ltd’s share price zoomed 8.4% on Monday’s early trades to reach a fresh 52-week high of ₹ 323.00 apiece on the National Stock Exchange (NSE) after the company reported robust results for the quarter and the year ended on March 31, 2023. At 12:23 PM, its shares were trading at ₹ [...]
The shares of Avantel Ltd gained 8 percent, reaching a 52-week high of Rs 645 on Monday. The company has a market capitalization of Rs 1,037 crores. Such a movement in the stock price was noticed after the company received a new order. According to the exchange filing, the company obtained a fresh work order [...]
Shares of Avenue Supermarts, which runs the retail chain DMart, opened flat on Monday. They were trading at ₹ 3,614.20 apiece at 12:07 PM. In the past five years, DMart’s shares gave multibagger returns of 135 percent as their share price increased from ₹ 1535 levels to the current level. Therefore, an investment of ₹ [...]
Shares of Maan Aluminium gained 5% on Monday’s intraday trades to reach a fresh 52-week high of ₹ 337.25 apiece. Its shares were locked in an upper circuit following the announcement of a stock split and a bonus issue. Maan Aluminium is engaged in the business of manufacturing and trading aluminium profiles, ingots and billets. [...]
Lenders often sanction personal loan online by checking your credit score. The Credit score has the complete details about your credit history, the credit you have taken, and your repayment. These factors help the lenders evaluate the risk in sanctioning loan. Since, the personal loan is an unsecured loan, they often expect applicants to have [...]
Cryptocurrency has generated consistent, and sometimes shocking returns over the past year. Since the first cryptocurrency emerged back in 2009; there has been rapid growth of the digital asset and we have seen the emergence of numerous other cryptocurrencies. There are over four thousand cryptocurrencies today, and more are being created constantly. Despite its many [...]
The Benchmark Indices closed in the red on Friday with the Sensex losing 223 points and standing at Rs 62,626. Moreover, the Nifty 50 index fell 71 points and currently stands at Rs 18,563. Opposing to the direction the markets have shown, listed below are 6 stocks to buy now for a potential upside of [...]
Shares of auto ancillary firm JBM Auto have given exceptional returns to its investors in the long term. Moreover, they have outperformed benchmark indices in the near term. In the past six months, the company’s share price rallied 123% to deliver multibagger returns and has turned an investment of ₹ 1 lakh into ₹ 2.23 [...]
Monopolies are firms that dominate the market. monopoly companies are those which have no or less market competition due to a single-player presence. Monopoly companies benefit from economies of scale leading to lower average costs. These companies usually control the market and are solo or large players in the market. Here are three monopoly stocks in [...]
Finding the amount of debt that a company has is one of the most important factors that is considered while analysing a stock for investment. While a little debt provides financial leverage, too much of it can prove to be detrimental, especially under circumstances when a company does not make profits for a prolonged period [...]
