A penny stock trading below Rs.5 came into focus after Morgan Stanley Asia Singapore Pte offloaded around 25 lakh shares, valued at approximately Rs.9.62 crores. The large transaction has sparked investor interest, with market participants closely tracking the stock's movement amid rising volatility in the broader penny stock space. Price Movement During Tuesday’s trading session, [...]
According to the recent reports generated on the Indian Cement sector, the volumes are expected to have a compounded annual growth rate (CAGR) of between 5 to 6.50 percent for FY25 & FY26. Aggressive capacity additions, as well as moderations in the growth of cement volumes, are expected to constrain the average capacity utilization levels, [...]
HDFC, Housing Development Finance Corporation Limited, is a prominent financial institution in India. Established in 1977, HDFC has become a leading provider of housing finance and related services, offering mortgages, loans, insurance, and banking solutions to millions of customers nationwide. A multi-bagger is a stock or investment that achieves enormous, typically exponential, increases, resulting in [...]
India ranks as the world's second-largest cement producer and contributes over 7% to the global installed capacity. According to the latest report, from FY12 to FY23, India experienced a remarkable 61% growth in its cement capacity, reaching 570 million metric tons from 353 million in FY22. Projections indicate that the Indian cement sector is poised [...]
The shares of this cement manufacturing company jumped around 2 percent in Thursday’s trading session after a well-known investment bank bought a stake in the company. In six months, the shares have delivered multibagger returns of 153 percent to its shareholders. With a market capitalisation of Rs. 4,842 crores, the shares of Kesoram Industries Ltd [...]
