Small-cap companies are those that have a market capitalization of less than ₹ 5,000 crores. As the name suggests, these companies are relatively small in size but have significant growth potential. However, SEBI’s rules state that all the companies that are ranked from the 251st position onwards in terms of market capitalization are automatically categorised [...]
The share price of D B Corp, a media and entertainment company escalated to hit a fresh 52-week high of ₹112.00 apiece. The shares of the company gained a whopping 17% as compared to their previous close of ₹ 95.6 apiece on the National Stock Exchange. Further, they gained 33.83 % in the past month [...]
On Monday afternoon, The Sensex was down 711.89 points or 1.19% at 58934.26, and the Nifty was down 216.50 points or 1.22% at 17542. Amid the volatility in the market, dividends are considered to be a passive source of income. Here are some stocks that will trade ex-dividend this week: Jubilant Ingrevia Limited The Stock [...]
Sanofi India Ltd’s share price took a beating in response to litigation threats and a cancer drug development setback. The finance chief of the pharmaceutical company said on Wednesday that a decline was strongly exaggerated and posed a buying opportunity for savvy investors. Sanofi India is engaged in the business of manufacturing and sale of [...]
The shares of Adani Enterprises Limited have been in the buzz for quite some time now as the stock has been making and breaking multiple record highs. On Monday, despite the volatile markets, Adani Enterprises shares gained 1.4% till 11.40 am and were trading at Rs 3,171 levels. The stock has been rallying as the [...]
An IndiGo flight made a priority landing at Kolkata airport on Sunday morning after smoke was detected in the cargo hold of the plane, officials said. The flight, 6E 2513, was flying with 165 passengers and six crew members from Delhi to Kolkata, they said. The plane was scheduled to land at Kolkata airport at [...]
The shares of Trent Limited, a Tata Group company gave multibagger returns in the past 22 years as its share price surged from ₹ 13.42 apiece to ₹ 1395.60. A few investors remain invested in companies because they buy shares and tend to hold them for a long period. If an investor would have invested [...]
Domestic benchmark indices opened in the green on Tuesday after a long weekend. The markets were closed on Monday due to Independence Day celebrations. The Sensex was up nearly 400 points or 0.67% at 59,850, while the NSE Nifty 50 added 133 points or 0.76% to breach 17,800 levels. The markets made a sharp U-turn [...]
Headline gauges BSE Sensex and NSE Nifty 50 closed in the red on Friday amid a volatile session. The gains in the iT shares were offset by the losses in oil & gas and financial shares. Broder markets gave up initial gains during the day. Here are two shares that brokerages have recommended for an [...]
With no major domestic market moving triggers this week, equities would continue to look at global factors, foreign fund movement and trend in the rupee for further direction, analysts said. "This week we have the August month F&O expiry where bulls are looking for rest after a gain in the August series," said Santosh Meena, [...]
The Union Territory of Ladakh has announced a new electric vehicle policy with subsidies to encourage the citizens to procure e-vehicles in order to create a carbon-neutral future, an official spokesman said on Saturday. Ladakh’s Electric Vehicle and Allied Infrastructure Policy aims to transform the UT into a torch bearer in terms of the adoption [...]
The Adani Group is likely to launch next week an open offer worth Rs 31,000 crore to acquire 26 per cent stake each in Swiss firm Holcim's two Indian listed entities Ambuja Cements and ACC, from public shareholders. In May this year, the Adani Group announced that it has clinched a deal to acquire a [...]
Companies do better and get good margins in the absence of competition in an industry. Very few companies have true monopolies, but most of them are almost monopolies. They have brand recognition or they have dominance in any particular geography. Brokerages see an upside in these two companies that enjoy strong monopolies in their category: [...]
The share of Hero Motocorp has given a negative return of more than 29% in the past 5 years. It was trading at ₹ 2,867 per share as of 11:30 IST on Friday. Back in August 2017, it used to trade near ₹ 4,000. During the same period, Bajaj Auto and TVS clocked a return [...]
Algorand-Capital is an online broker that has been gathering more and more support in recent months, and many people are wondering what all the fuss is about. In the following review, potential new users can find all the information they need about the benefits, functions, and core features to determine if it is the right [...]
Despite two consecutive weeks of increases in May, India's foreign currency reserves began to decline. Forex reserves in the nation remain at over $600 billion. In the week ending June 3, 2022, all of the key components in the reserves basket fell except for the IMF's reserve position. It was the foreign currency assets that [...]
RBL Bank has further brought down its shareholding in Kilburn Engineering by selling an additional 2.92 per cent stake through stock exchanges. The bank has further sold 10,00,000 equity shares representing 2.92 per cent of the paid-up share capital of Kilburn Engineering Ltd, RBL Bank said in a regulatory filing on Friday. The private sector [...]
Computer Age Management Services Ltd (CAMS) promoter entity on Friday divested a 3.79 per cent stake in the IT services company, garnering Rs 428 crore through an open market transaction. Great Terrain Investment Ltd offloaded a total of 18.55 lakh shares, amounting to a 3.79 per cent stake in the company, as per bulk deal [...]
Assets worth Rs 150 crore, which were fully insured, were affected in the massive fire at its Neemrana-based manufacturing unit, said consumer electrical goods manufacturer Havells India. On July 27, a massive fire had broken out at Havells factory at Neemrana in Rajasthan's Alwar district. There was no human loss/injury and the entire building, plant [...]
Equity benchmarks fell on Friday after a continuous rally, with the Sensex and Nifty declining over 1 per cent each amid profit-taking and weak global market trends. The 30-share BSE Sensex, which had started the trade on a firm note, later gave up all the early gains and ended 651.85 points or 1.08 per cent [...]
