Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling nearly 2 per cent each amid weak global market trends and foreign fund outflows. Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or [...]
The stock market is subject to high volatility. This is evident with the ongoing correction as the NIFTY 50 has declined by 185.40 points or 1.07% at 17,146 while the BSE Sensex has lost 501.15 points or 0.86% to be at 57,588 till the afternoon on Monday. As fluctuation is inherent to the markets, there [...]
The shares of Hero Motocorp Limited were trading lower by 1.8 per cent at Rs 2,707 levels in the early hours on Monday. In the past week, the shares have shed approximately 4 per cent. Over the last six months, the company has delivered a 15 per cent return to its investors. The marginal drop [...]
Shares of Harsha Engineers International Ltd on Monday listed with a premium of more than 36 per cent against the issue price of Rs 330 apiece. The company's shares made their debut at Rs 444, reflecting a jump of 34.54 per cent against the issue price on the BSE. It later rallied 46.87 per cent [...]
Return on Capital Employed (ROCE) is a ratio used to analyse a company's profitability and capital efficiency. It helps investors and other stakeholders to know how well a company is generating profits from its capital as it is put to use. It indicates what percentage of the total capital is the EBIT (Earnings before interest [...]
When it comes to food cheap beds for beds for sale in the market, it can be difficult to find a reliable supplier. However, bedsforbeds.co.uk have over the years, distinguished itself as a trustworthy outlet for cheap beds with premium quality. If you are looking for a bed company that stocks a wide range of elegant and affordable beds, [...]
On Friday, the Sensex shed 1.73 per cent or 1020.80 points and closed at 58098.92 points. Similarly, the NSE Nifty 50 lost 1.72 per cent or 302.45 points and settled at 17,327.35 points. Stocks fell globally as central banks around the world hiked interest rates to fight inflation. Amid volatility, here are some stocks recommended [...]
The BSE Sensex and the NSE Nifty 50 ticked half a percent lower and the markets had a muted start. Nervousness persisted among investors amid recession warnings from the IMF and the World Bank and the UD Fed’s decision on interest rate hikes due during the week. The thirty-share Index opened at 58,747.31 points, while [...]
Microcap companies have a market capitalization of less than 500 crores. These companies are less popular among conservative investors as they have high risks associated with them. However, it must also be noted that the return by investing in these companies can be huge: Here are four microcap multibagger stocks that were locked in an [...]
REC Ltd, a power sector focussed NBFC that comes under the aegis of the Power Ministry, has been accorded the status of ‘Maharatna’ central public sector enterprise (CPSE). With this, it will achieve greater operational and financial autonomy. The company’s shares are trading at ₹ 101.40 levels in a weak market. The Maharatna status will [...]
The shares of Life Insurance Corporation of India (LIC) declined more than 26% after their market debut on May 17, 2022, and reached an all-time low of ₹ 645.00 apiece on Friday’s intraday trade. The state-owned insurance company’s shares are trading 32.03% below their issue price of ₹ 949 per share. LIC, India’s biggest life [...]
Equity indices fell sharply by nearly 2 per cent each, extending their decline for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to [...]
The shares of Supreme Holdings & Hospitality Limited were trading at Rs 150 levels in the early hours on Friday. In yesterday’s session, the stock reached its new 52-week high of Rs 159.95. In the past five days, the stock has zoomed by approximately 10 per cent. In January 2022, the stock was trading at [...]
Eriska Investment Fund, a Mauritius-based foreign investment firm has bought a stake in Filatex Fashions Ltd, a small cap company listed on the Bombay Stock Exchange (BSE). As per the bulk deal details available on BSE’s website, the foreign institutional investor (FII) bought 7 lakh shares of the company at a price of ₹ 9.17 [...]
The shares of Mahindra and Mahindra (M&M) Financial Services Limited suffered deep cuts on Friday’s intraday trade after the Reserve Bank of India directed the company to immediately cease any recovery or repossession activities via an outsource till further orders. The shares reached a low of ₹ 192.05 apiece on Friday, after closing at 223.70 [...]
Reliance Industries Ltd on Friday said it has acquired a 20 per cent stake in California-based solar tech firm Caelux for USD 12 million as it strengthens its new energy manufacturing capabilities. Reliance New Energy Ltd, a wholly-owned subsidiary of the firm, signed definitive agreements to invest in Caelux Corporation, a Pasadena, California-headquartered company engaged [...]
The Union Cabinet on Wednesday approved changes in the production-linked incentive (PLI) scheme. In addition, it approved the second tranche of solar PV modules. Shares of Pallonji Group company, Sterling and Wilson Renewable Energy Ltd gained 9.99% on Friday’s morning trades. The shares reached an intraday high of ₹ 362.05 apiece after closing at ₹ [...]
Mid-cap companies are known to be in their growth phase and thus have the potential to deliver exceptional returns to the investor. The risk in these types of stocks is lower and the liquidity is higher compared to small-cap stocks. Here are two mid-cap stocks that are recommended by analysts for an upside of up [...]
Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata [...]
Pastel Ltd, an entity of Singtel, on Thursday divested 1.59 per cent stake in Bharti Airtel for Rs 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom Ltd, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel offloaded 9,40,00,000 [...]
