Having a solid trading strategy is key to success in the Indian stock market. Without a method to approach the market, you will be shooting in the dark. A trading strategy is essentially a plan of action for navigating financial markets and is constructed based on specific predefined rules and can be very simple or [...]
All the Adani Group stocks are trading in the green today with the parent company, Adani Enterprises Limited, moving the most witnessing a gain of around 5.1 percent currently available for Rs 1,989. In the last one-month period, the stock has gained more than 10 percent ranging from Rs 1,803.15 to the current levels. One [...]
The shares of Ratnamani Metals & Tubes Ltd shot up by 10%, reaching a 52-week high of ₹ 2463.65 on Thursday. One of the probable reasons for today's record-high stock prices is the company's recent announcement of Q4 FY 22-23 earnings. Having a quick walkthrough of the financials of the previous quarter, their operating revenues [...]
Shares of Shemaroo Entertainment Limited are locked in the 10 percent upper circuit today at a price of Rs 143.05. In the last 5 trading sessions, the stock has gained around 17 percent ranging from Rs 122.35 to the current price level. One of the prime reasons for the stock prices to surge is the [...]
Apollo Tyres is bullish on India, which is performing better than the rest of the world, and the company is making the country its export hub as it looks to expand further in the US and the Middle East, according to company's vice chairman and managing director Neeraj Kanwar. The Indian tyre major, which has [...]
Reddy’s Laboratories Ltd on Wednesday reported multifold growth (996 per cent) in its consolidated profit after tax to Rs 959.2 crore due to low base during the same quarter previous year. It was 87.5 crore in the January-March period of FY22. Parag Agarwal, Chief Financial Officer of Dr Reddy's, said Revenues for the quarter under [...]
Engineering and construction giant Larsen & Toubro (L&T) on Wednesday reported a 10 per cent rise in its consolidated net profit to Rs 3,987 crore for the quarter ended in March 2023 and announced the stepping down of non-executive chairman A M Naik from the post. A M Naik has decided to step down as [...]
Finance Minister Nirmala Sitharaman on Wednesday embarked on an official two-day visit to Niigata, Japan, to attend a G7 meeting. India is an invitee to G 7 Finance Ministers and Central Bank Governors meeting. "During her visit, FM Smt.@nsitharaman will also have multilateral and bilateral engagements with her counterparts, besides a roundtable meeting with business [...]
Cummins Inc, promoter of Automotive Axles Ltd, has settled with markets regulator Sebi a case pertaining to alleged violation of open offer lapses, after paying Rs 91.22 lakh as settlement charges. The order came after the applicant (Cummins Inc) filed a settlement application for proposing to settle by neither 'admitting nor denying the guilt'. "The [...]
In a major relief for crisis-hit Go First, the National Company Law Tribunal (NCLT) on Wednesday admitted its plea for voluntary insolvency resolution proceedings and declared a moratorium under the insolvency law. The ruling means that lessors are barred from taking back aircraft and creditors are restrained from taking coercive action. The tribunal's ruling, which [...]
Equity benchmark indices pared opening gains and were trading marginally lower in a highly volatile trade on Thursday, dragged down by a decline in Larsen & Toubro shares and weak global markets. The 30-share BSE Sensex declined 19.93 points to 61,920.27 points in early trade after hitting the crucial 62,000-mark in opening deals. The NSE [...]
Introduction to Chainlink: Chainlink (LINK) is a decentralised oracle network that connects the world’s applications and data to blockchains. It helps connect smart contracts with outside systems, securely enabling them to initiate transactions, access external data and interact with other blockchain-based applications. LINK functions as the payment token of Chainlink’s system and it is also [...]
Net Profit is defined as the amount of money a company’s business earns after deducting all the operating costs, interest costs, and tax expenses over a given period of time. It is a crucial part of the decision-making process pertaining to dividend payouts, etc. It has become one of the most important metrics for companies [...]
The Life Insurance Corporation of India (LIC), India’s biggest institutional investor was on a shopping spree in the fourth quarter of FY23. Data from the exchanges showed that it has increased its stake in at least five blue chip companies in the January to March quarter of 2023 (Q4FY23). Tata Power Company Ltd LIC had [...]
Image to text technology or referred to as optical character recognition (OCR) is a software that can recognize text within images and convert it into machine-readable text. It has become increasingly popular among businesses due to its ability to automate the process of data entry and document processing. The benefits of using the image to [...]
Introduction As the world increasingly embraces the digital age, cryptocurrencies have emerged as a significant player in the global financial sphere. In 2023, the status of cryptocurrency has continued to evolve, with various developments in market dynamics and regulatory approaches across different nations shaping its future. This article will explore these facets in detail, providing [...]
I. Introduction Cryptocurrency, a digital or virtual currency utilizing cryptography for security, is no longer an obscure concept relegated to the corners of the internet. Similar to how MLB stats are essential in comprehending the dynamics of baseball, understanding the trends and movements in the crypto market can be vital for investors. This article seeks [...]
Introduction Online gambling has experienced a tremendous transformation since its inception, with technology playing a pivotal role in shaping its landscape. One of the most significant advancements in this sector has been the integration of cryptocurrency as a means of transaction. Cryptocurrencies, with Bitcoin leading the pack, have revolutionized the way players bet online, providing [...]
It is generally said that a ‘Fundamentally Strong’ stock is one that equips itself by conducting operations when the respective industry goes through financial distress. Moreover, such companies enjoy the luxury of operating their business on comparatively lower debt levels, good amounts of retained earnings, and stable margins. Listed below is one such Fundamentally Strong [...]
Fondy known as the ‘Big Whale’ ace investor Ashish Kacholia likes his portfolio to speak for itself. He is known for his absence from media cycles and for avoiding interviews and journalists. He has investments in over 20 stocks and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks. Here are three [...]
