A company is said to be ‘fundamentally strong’ in nature when it portrays some characteristics which include a low debt-to-equity ratio, strong and consistently improving financials, Promoters having ‘skin in the game’, etc. Herein this article, we will analyse one such fundamentally strong stock which has a high Promoter holding: Permanent Magnets Limited Having a [...]
Small cap Stocks that have consistent financials and superior fundamentals are currently trading at a discount price. These companies are well-established and have a strong presence in the Indian market. Here are three stocks trading at a 25 percent discount from their 52-week high price Tamilnad Mercantile Bank Ltd: India’s one of the oldest private [...]
A company with a ‘fundamentally strong’ nature portrays two basic characteristics, the first being the favourable debt-to-equity ratios and the second being strong financial numbers giving the company an edge at times of financial distress faced by peers in the industry. Herein this article, we will analyze one such fundamentally strong stock with an upside [...]
Shares of Ircon International Ltd shares were trading at Rs 82.90 on Tuesday’s session, down around 1.01 percent from the previous day's closing price of Rs 83.75. The company's market capitalization is Rs 7,792 crore. In the last year, the stock gained 120 percent giving a multibagger return from Rs 37.80 to current levels, Therefore, [...]
A company is fundamentally strong when its finances have been stable throughout time. These businesses create strategic strategies to increase their market share and, eventually, their income. Such businesses will overcome difficulties imposed by constraints or a downturn in the economy. Listed below is one such Fundamentally Strong stock with 88 percent net profit that [...]
A company is said to be ‘Fundamentally Strong’ when it bags the luxury of having decent financials and margins. Moreover, such companies, in comparison to others in the industry, have lower debt levels thereby improving their short-term liquidity management. Listed below is one such Fundamentally Strong stock with a high Net Profit margin that investors [...]
Domestic benchmark indices opened in the green on Friday’s trading session. The BSE Sensex advanced 202.46 points or 0.34% to 59,808.26 and NSE Nifty 50 surged 57.25 points or 0.33% to 17,568.50. However, they slipped into the red by the afternoon. In the past five days, the indices have lost approximately 2.60%. Credit ratings help [...]
WPIL Ltd, a leading pump and pumping systems company saw its shares hit an upper circuit of 20 percent at Rs 1,683 levels and reach a new all-time high in the early hours of Friday. The shares climbed to a high after it reported robust quarterly earnings growth. In Q3FY23, the company reported a total [...]
