Shares of MIC Electronics Ltd gained 5% on Monday’s intraday trades to hit the 5% upper circuit after it received an order from the railways. Its shares were locked at ₹ 18.11 apiece. MIC Electronics Ltd. is a manufacturer of electric lighting equipment. It is also engaged in the manufacturing of light-emitting diode (LED) displays [...]
Vodafone Idea, a part of Aditya Birla Group, is engaged in telecom services and the trading of handsets and data cards. The company’s stock closed at a price of Rs 7.10 on Monday and has a market capitalization of Rs 34,805 crore. In February 2023, in lieu of converting interest dues from deferred adjusted gross [...]
Shares of Oil & Natural Gas Corporation Limited (ONGC) closed at Rs 159, slipping around 3 percent as compared to the previous closing price of Rs 163.75. Such a fall in the stock prices today is observed after the company, through a regulatory filing with the BSE, announced its Q4 as well as Annual results [...]
A company is fundamentally strong in nature when it possesses strong financials, new plans for gaining a bigger share of the market, and the potential to expand with innovative offerings in contrast to its industry competitors. Listed below is one such stock investor must keep on their radar. Incorporated in 1945, Mahindra & Mahindra Limited [...]
Shares of Clean Science and Technology Ltd pared 4% on Monday’s early trades amid reports of the company’s promoters selling a stake. At 01:07 PM, its shares were trading at ₹ 1425.00 apiece and had reached an intraday low of ₹ 1376.00 apiece on Monday’s early trades. In a recent exchange filing, the company informed [...]
The shares of Greaves Cotton Ltd. fell nearly 10 percent in Monday's trading session. The decline in share price comes after the Indian government asked the company to return the subsidy amount of ₹ 124 crore from Greaves Electric Mobility Private Ltd. (GEMPL) along with interest, for violating Phased Manufacturing Programme (PMP) guidelines. At 13:00, [...]
A Demat account is required to trade on the stock market. Opening a Demat account with a registered Depository Participant (DP) is essential. It is crucial to choose a suitable registered depository participant. Opening a demat account could give you several advantages as an investor. You might pick a broker based on the information's accessibility [...]
Stocks of Bharat Bijlee Limited are trading in the green and are currently available for Rs 3,074, up 1 percent compared to the previous closing price of Rs 3,043.35. The scrip hit its 52-week high mark today at a price of Rs 3,145. In the last one-month period, the stock has gained about 12.7 percent [...]
Shares of ICICI Lombard General Insurance zoomed around 8 percent and currently trades at Rs 1,190. The scrip witnessed an intra-day high figure of Rs 1,255.70 indicating an upside of around 14 percent as compared to the previous close levels of Rs 1,099.95. Over the last 5 years, the company has been able to generate [...]
Shares of Greenlam Industries gained 20 per cent on Monday’s early trades to reach an intraday high of ₹ 376.25 apiece on the National Stock Exchange (NSE), after the company reported robust results for the quarter and year ended on March 31, 2023. At 12:12 PM, its shares were trading at ₹ 357.00, up 13.86 [...]
Companies manage their funding requirements through equity or debt or internally generated cash. The most preferred source of funding is internally generated cash, followed by debt and then equity, mainly because of the associated costs. However, many companies claim that they have zero debt or are debt free, sending a signal to stakeholders that they [...]
Seasoned investor Vijay Kedia has been an inspiration for many. He started investing in the stock market at the age of 19 and is recognized as one of the most prominent investors in the country. Often called the ‘market master’ he has made a name for himself in the realm of trading. The ace investor [...]
The headline gauges soared on Friday. The fifty-pack Nifty 50 touched a fresh high for the calendar year 2023, crossing the 18,500 mark. However, it settled at and settled at 18,499.35 points. The thirty-share Sensex climbed 1.02% to settle at 62,501.69 points. Broader markets and sectoral indices also clocked sharp gains to settle in the [...]
Stock trading is the most profitable skill that you can learn in 2023. However, if you want to trade in stocks, futures, options, commodities, or any other asset, you need to learn technical concepts and follow a few steps. Here are the five steps that new aspiring traders should follow to start stock trading in [...]
As individual investors, it is essential to give consideration to the holdings of domestic institutional investors, as they trade consistently in large quantities, leading the market to shift in their preference. Additionally, these domestic investors serve as compensation for the withdrawal of funds by FIIs and act as a cushion against market volatility. Here are [...]
Domestic benchmark indices BSE Sensex and NSE Nifty 50 opened lower on the first trading day of the week, however, IT and metal shares led them higher later during the day. The Sensex opened at 61579.78 points on Monday, and the Nifty 50 opened at 18201.10 points. On Friday, the indices ended at a five-month [...]
Shares of Fortis Healthcare Ltd. closed at the price of ₹ 287.30, up 0.37% on Friday’s trading session as compared to the previous closing price of ₹ 286.50. Fortis Healthcare Ltd. is a leading integrated healthcare service provider in India engaged in running a chain of hospitals and healthcare centres. The company manages 27 healthcare [...]
The largest health insurance company Star Health & Allied Insurance Ltd, shares tanked 8.36 percent on Friday’s trades and closed at a price of ₹ 534.95 apiece against the previous close of Rs 582 on the BSE with a market cap of Rs 31,121 Cr. One of the probable causes for the stock's low price [...]
Shares of Praj Industries Ltd. surged 8 % on Friday to reach an intraday high of ₹ 386.90 apiece from the previous close price of ₹ 357.30. The company's recent release of strong Q4 FY 22-23 results caused the stock price to jump today. The company reported a net profit of Rs 88 crore in [...]
Shares of Triveni Engineering & Industries Ltd. surged 4% on Friday to reach an intraday high of ₹ 281.40 apiece from the previous close price of ₹ 264. The company's recent release of strong Q4 FY 22-23 results caused the stock price to jump today. At 14:30 am, the stock was trading at ₹273.25 on [...]
