This article aims to provide you with an understanding of some crucial concepts that will be valuable as you embark on your trading journey, all the following information is according to the Arincen network website. Pips: In FOREX trading, a pip serves as a unit of measurement for tracking the value change in a currency [...]
Domestic benchmark gauges concluded the last trading session of the week in green, helped by metal, telecom and auto stocks. The Nifty 50 climbed 46.35 points or 0.25% to 18,534.10 and the Sensex advanced 118.57 points or 0.19% to 62,547.11. In the meanwhile, here are seven stocks in which analysts see an upside of up [...]
Investors are attracted to high dividend offering stocks as they assure them a tax-free income on hand, and investors invest in those stocks to gain only dividend yield based on their investments. Dividend payments made by a company could be considered taken as a sign of stability and potential growth, which can attract investors and [...]
Shares of Jyoti Resins & Adhesives Limited closed today at a price of Rs 1,400.85 and have a market capitalization of Rs 1,681 crores. The stock reached its all-time high level of Rs 1,818.45 in September 2022 The scrip has given multibagger returns of approximately 47,226 percent during a long-term period of 9 years ranging [...]
Investing in the stock market can be one of the best ways to create wealth in the long term. This can primarily be done through capital appreciation. However, another popular way to make money from the stock market is through dividends. Dividends are a part of the company’s profits that are paid to the shareholders. [...]
With a market capitalization of ₹ 24,685 crores, Tata Chemicals is a mid-cap stock. Its shares were trading at ₹ 975 levels on Friday’s early trades. The company operates through two business segments: basic chemistry products and speciality products. Its products are used in sectors like glass, detergent, pharmaceutical, biscuit production, bakeries and so on. [...]
Net interest margin (NIM) is a ratio that defines a bank's profitability. It quantifies the difference between the interest revenue earned on loans and the interest paid on deposits. A higher NIM often suggests that the bank is more profitable. Bank's net interest margin can be influenced by multiple variables, the most important of which [...]
With a market capitalization of Rs 28,970 crores, the stocks of Bharat Heavy Electricals Limited closed today at Rs 83.20, gaining around 1.50 percent as compared to the previous closing price of Rs 82. Having a say about the company’s order book, it secured orders worth Rs 23,548 crores during FY22-23 and put an end [...]
InterGlobe Aviation Limited(doing business as IndiGo Airlines) is engaged in aviation management, hotel development, and management services. The company also works in passenger and cargo management and also offers travel distribution services, such as itineraries and domestic. On Friday, the company's stock closed at Rs 2,385.75 a share, with a market capitalization of Rs 91,981 [...]
A significant metric to take a look at before investing in stocks is the debt-to-equity ratio. The amount of capital that has been raised for the operation of a business can be measured by the debt-to-equity ratio. Additionally, it signifies a company's stability and capacity to raise more money in order to grow. The 4 [...]
PSUs(Public sector Undertakings) are government-owned companies in India, in which 51% or more share capital is owned by governments. However, it can be the central or state government, presently in India there are 90 listed PSUs. All listed PSUs will contribute Rs1 lakh crore in dividends in FY23, with the government owning almost 61 percent [...]
France-based financial services company Societe Generale has acquired 4,16,500 shares or a 1.35 percent stake in MTAR Technologies via open market transaction on June 01, 2023. It bought these shares at an average price of ₹ 1880.00 apiece, taking the transaction value to ₹ 78.30 crores. However, the company’s promoter Leelavathi Parvatha Reddy offloaded 3,47,000 [...]
Shares of Paras Defence and Space Technologies Ltd skyrocketed on Friday, registering 9% gains to reach an intraday high of ₹ 545.40 apiece. This happened after the company inked a joint venture with Israel-based Controp Precision Technologies. At 12:41 PM, the company’s shares were trading at ₹ 541.10 apiece, up 8.23%. Paras Defence and Space [...]
The Indian market is considered a well-recognized Automobile manufacturing hub on a global scale because of its low-cost production. India is the 4th largest Automobile producer in the world averaging an annual production of over 4 million motor vehicles. Although vehicle production was hampered due to the global pandemic, the current situation is easing and [...]
Domestic Benchmark Indices started in the green on Friday. In the past year, the BSE Sensex gained nearly 12% and the NSE Nifty 50 gained 11.40%. However, here are a few Tata Group stocks that rallied more than 40% and outperformed the benchmark indices: Oriental Hotels Ltd Oriental Hotels Ltd is primarily engaged in the [...]
Shares of Aurum Proptech Limited opened their trading hour at Rs 120.80 and are currently trading at Rs 128. The scrip witnessed an intra-day high of Rs 134.30, which is a gain of around 14 percent as compared to the previous closing levels of Rs 117.50. The company has a market capitalization of Rs 500 [...]
Shares of NCC Ltd. surged 3% on Friday to reach an intraday high of ₹ 126.50 apiece from the previous close price of ₹123. In the last three trading sessions, the company’s shares have raised 9 percent from around ₹115 apiece level to ₹ 125.15 level. This remarkable increase in share price happened after the [...]
The Piotroski score is usually defined as a discrete score between ‘zero’ and ‘nine’ that mainly reflects nine criteria's 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 [...]
Patanjali Foods, the erstwhile Ruchi Soya Industries, on Wednesday, said that its promoters are planning to sell shares to institutional investors in June to meet minimum public shareholding norms. Baba Ramdev-led Patanjali Foods Ltd acquired the erstwhile Ruchi Soya Ltd in September 2019 through a corporate insolvency resolution process. Patanjali Foods, formerly Ruchi Soya Industries, [...]
HDFC Life Insurance Company Ltd, is a leading private life insurance company in india, offering a wide range of individual and group insurance solutions. HDFC Life has been among the top 3 players within the private sector space with a market share of 17% as of FY23. The company’s stock closed at a price of Rs [...]
