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 [...]
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 [...]
As per market data, foreign investors own about 18-20 per cent of the Indian stock market. Among them, the Foreign Institutional Investors (FIIs) are tracked the most to get a consensus about the sentiments of the foreign investors. Amid the ongoing volatility in the market here are two multibagger stocks bought by foreign firms: Deepak [...]
India has finally received its long-awaited National Logistics Policy (NLP). The Policy is set as a roadmap for developing a more interconnected and tech-driven framework for building cost and operational efficiency in the logistics sector. Prime Minister Narendra Modi said, “From 13 to 14% logistics cost, we should all aim to bring it to single-digit [...]
The shares of Sampre Nutritions Limited opened at Rs 109 and rose to Rs 112 to be locked in an upper circuit of 5 per cent on the last trading day of the week. In the past five days, the stock has risen by approximately 17 per cent. The shares rallied on Friday after Mauritius-based [...]
A debt is any financial obligation that the company has to repay within a specified time period. For extending the capital, the creditor generally charges an additional sum of money which is known as interest. The debt is seen as a risk factor as the non-payment can also lead to bankruptcy of the company. Therefore, [...]
The shares of SML Isuzu Limited declined by 2.2 per cent and closed at Rs 784 in Friday's trading session. In the past five days, the stock has gained more than 3 per cent and in a month it has jumped by approximately 15 per cent. The stock reached its 52-week high of Rs 848.90 [...]
The shares of Duroply Industries Limited opened at Rs 182.50 as against its previous close of Rs 173.85 and got locked in the upper circuit of 5 per cent on Thursday's trading session. In the past month, the stock has gained more than 11 per cent. So far this year the stock has gained approximately [...]
The shares of Best Agrolife Limited traded at Rs 6.97 a piece on BSE. From there it has spiked up to the current levels of Rs 1,274 thereby delivering a multibagger return of 18,200 per cent in 4 years. In a year, the stock has delivered a return of approximately 58 per cent. If an [...]
While doing a fundamental analysis of any stock one of the most crucial aspects should be to check the amount of debt that the companies owe to its creditor. A high-debt company generally yields higher risk as the chances of defaulting on them are higher. Here are four debt-free stocks that have given multibagger returns [...]