Varun Beverages Limited (VBL) is a company based in India that operates as a franchisee of ‘PepsiCo’. It produces as well as distributes a wide range of carbonated soft drinks (CSDs). It is also engaged in the distribution of non-carbonated beverages (NCBs) including packaged drinking water under trademarks owned by PepsiCo. The company has a [...]
Shares of Jupiter Wagons Ltd(JWL) were trading at ₹ 120.20 gaining 3.95% on Tuesday’s trading session from the previous close price of ₹ 115.50. One of the notable reasons for the stock price movement is the company's announcement of raising ₹ 125 crores from Qualified Institutional Placement (QIP) including Tata Mutual Fund, Ananta Capital, and [...]
Shares of Astral Ltd notched 9% gains on Monday’s early trades to reach an intraday high of ₹ 1739.65 apiece on the National Stock Exchange (NSE) after the company reported strong results for the quarter and year ended March 31, 2023. Astral Ltd and its subsidiaries are engaged in the business of manufacturing and trading [...]
Shares of Vesuvius India Limited surged in the early trading hours today and soon after hit the 20 percent upper circuit at a price of Rs 2,268.80. The same price is marked as the stocks’ new 52-week high figure. In the last one-month period, the stock price has gained almost 33 percent ranging from Rs [...]
Stock markets are primarily driven by institutional money. They invest huge amounts and dictate share price movements to a great extent. A strong analytical team backs Foreign Institutional Investors (FIIs) and they invest in the stocks of other countries after thorough research. Past data reveals that whenever FIIs invest in particular stocks, their share price [...]
Unlike other tech-based trends in recent times like the Metaverse or Blockchain technology, AI seems to show the most promise for real-world applications. In fact, it might not even be appropriate to call AI a trend. It’s been used by Ukraine to (successfully) target Russian forces in the ongoing Russian invasion and in Tesla’s self-driving [...]
The ‘compound annual growth rate’ (CAGR) is the rate of return that would be required for an investment to grow from its beginning amount to its ending amount, assuming the profits to be reinvested at the end of each period during the life span of the investment. In this article, we will list 2 Large-cap [...]
The electrical industry has been an attraction for investors in search of multi-bagger profits. The Electrical sector has grown significantly in recent years as the world's need for power has increased. Companies in the industry include those involved in the generation, transmission, and distribution of energy, as well as those producing electrical equipment and machinery. [...]
The ‘Fundamentally strong’ nature of a company is seen when it possesses some key points with regard to its operations, debt levels, etc. Such companies enjoy the luxury of strong financial numbers and ratios and have the ability to survive in a scenario of financial distress faced by their peers in the industry. Herein this [...]
Banks with lower NPA ratios are perceived as more robust and reputable. They have a stronger loan portfolio and a lower chance of default, which is critical for financial stability. Such banks are typically more appealing to investors because they provide greater regularity and protection for their investments. However, a lower NPA percentage does not [...]
After massive outflow in March, debt-oriented mutual funds witnessed a sharp turnaround in April as they attracted Rs 1.06 lakh crore with liquid schemes accounting for 60 per cent of the inflow. Barring credit risk and banking and PSU fund categories, all the other segments witnessed net inflows and expectedly, categories having shorter maturity profiles [...]
Kalyan Jewellers India Ltd on Monday posted a 3.11 per cent drop in its consolidated net profit at Rs 697.99 crore during the fourth quarter of the 2022-23 fiscal, largely due to higher expenses. The company had clocked a net profit of Rs 720.40 crore in the quarter ended March 31, 2022, according to a [...]
Patel Engineering on Monday posted a four-fold jump in its consolidated net profit at Rs 84.3 crore during the March 2023 quarter, boosted by higher revenues. It had clocked Rs 21.2 crore net profit during January-March quarter of preceding 2021-22 fiscal, the company said in a statement. The company's revenues from operations also surged to [...]
Benchmark indices Sensex and Nifty gained around half a per cent to close at nearly five-month high levels on Monday following continuous foreign fund inflows and firm trends in Asian and European markets. Rising for a second straight day, the 30-share BSE Sensex climbed 317.81 points or 0.51 per cent to settle at 62,345.71, the [...]
Wholesale inflation rate eased to 34-month low of (-) 0.92 per cent in April on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation has been on a declining trend for 11 months in a row and entered the negative zone in April. In June 2020 WPI was at [...]
BSE on Monday relaunched Sensex and Bankex derivative contracts in its bid to boost derivative trading at the country's premier bourse. The relaunch of derivative contracts comes with a reduced lot size of futures and options and a new expiry cycle of Friday from Thursday earlier, BSE said. Derivatives are considered to be high-risk-reward financial [...]
With a market capitalization of Rs 1,140 crores, the shares of Gujarat Themis Biosyn Limited are currently trading at Rs 784. In the last 5 trading sessions, the stock prices have moved down around 2 percent ranging from Rs 799 to the current levels. Through a recent filing with the BSE, the company announced its [...]
Shares of Lupin Ltd currently trading at the price of ₹788.65 surged 2.78 percent on Monday by hitting a 52-week high of ₹800 or 16.77 percent. One of the probable reasons for the stock to hit a high price is the company's recent announcement of strong Q4 FY 22-23 earnings. Based on an earnings call [...]
Shares of Zensar Technologies climbed 10.72% on Monday to reach a fresh 52-week high of ₹ 375.90 apiece after the company’s results beat analyst expectations. At 01:25 PM, its shares were trading at ₹ 368.55 apiece, up 8.56%. In the past three days, its share price increased by 23.35%, rising from ₹ 304.75 apiece. Zensar [...]
Real estate major DLF Ltd’s share price rose 8.25 per cent on Monday’s intraday trades to reach a fresh 52-week high of ₹ 464.00 apiece on the National Stock Exchange (NSE). At 2:17 PM, its shares quoted at ₹ 472.45 apiece, up 8.25 per cent. DLF is primarily engaged in the business of colonisation and [...]
