Financially Strong Stocks are those with good financial basics, these stocks are characterized by solid earnings growth potential, positive cash flows, manageable debt levels, and strong management teams. Choosing financially strong stocks can enhance an investor's portfolio by providing stability, consistent returns, growth potential, competitive advantages, resilience during economic cycles, and positive market perception, while [...]
Shares of this smallcap stock surged around 8 percent in Monday’s trading session after receiving Type Certification for its Unmanned Aircraft System. The shares have delivered a multibagger return of 180 percent to its shareholders in one year. Price Movement: With a market capitalization of Rs. 7,832 crores, the shares of Magellanic Cloud Ltd started [...]
Small-cap stock engaged in providing IT services in software development, consulting, digital transformation, human resource business solutions, supplying drones and related services hit a 5 percent upper circuit upon receiving an order worth Rs.43 Crores to supply Logistics Drones. With a market capitalization of Rs. 7,108 Crores, the shares of Magellanic Cloud Limited hit a [...]
Domestic benchmark equity indices, the Sensex and the Nifty 50 ended Friday's session flat dragged by selling in selling in information technology (IT), metal, oil and gas stocks and bank. The Sensex ended flat by 15.44 points lower at 73,142.80 level, while the Nifty 50 closed at 22,212.70 level, down 4.75 points in Friday’s trading [...]
Shares of this multibagger IT stock jumps after its subsidiary company becomes the first company in India to receive a DGCA-Type certification for a Logistics Drone, the “CargoMax 500HE”. In the past month, the company’s stock gained nearly 25 percent for its stakeholders. With a market capitalization of Rs 7,141.89 crores, the stocks of Magellanic [...]
The company's shares closed on September 29 at Rs 443.10 per share, up from the previous close price of Rs 433.50, with a market capitalization of Rs 5,178 crores. According to Bombay Stock Exchange data, the stock has delivered multibagger returns of about 44,210 percent over an 8-year period, spanning from Rs 1 in January [...]
The Piotroski score is a score between zero and nine, that reflects nine criteria used to determine the strength of a company’s financial position, with nine being the best and zero being the worst. The score considers net income, return on assets, operating cash flow in the current year, gross margin, asset turnover ratio, dilution [...]
