The share price of India's leading commodity derivatives exchange hit a 52-week high to Rs.6,695.95 per share on Tuesday after reputed brokerage firm UBS set a target price indicating potential growth. Share Price Movement In Tuesday’s trading session, Multi Commodity Exchange of India Ltd's (MCX India) share price hit a 52-week high of Rs.6,695.95 per [...]
Shares of this small-cap stock engaged in the Information Technology (IT) sector jumped up to 7 percent after announcing results for Q1FY23-24. Year-To-Date, the company’s stock has gained more than 50 percent from Rs 1,048.85 to the current price level. With a market capitalization of Rs 8,500 crores, the stocks of CE Info Systems Limited [...]
Praj Industries is Pioneer in Ethanol Technology solutions that offers cutting-edge technologies to the distillery industry. It is a leading biofuel Technology Company providing a number of processes and systems for ethanol and biodiesel production. It has a presence on five continents. The company has over 70% of the market share in India for 2G [...]
Monopoly businesses have no or little market competition due to a single-player existence. Monopolistic enterprises benefit from economies of scale, resulting in lower average costs. Such companies usually control the market and are solo or large players in the market. Here is a monopoly stock with more than 90% market dominance. India's largest airport service aggregator [...]
Monopoly companies is those which have no or less market competition due to a single-player presence. Monopolistic businesses gain from economies of scale, resulting in reduced average costs such companies usually control the market and are solo or large players in the market. Here is a monopoly stock with more than 85% market dominance. India’s [...]
Monopolies are firms that dominate the market. monopoly companies are those which have no or less market competition due to a single-player presence. Monopoly companies benefit from economies of scale leading to lower average costs. These companies usually control the market and are solo or large players in the market. Here are three monopoly stocks in [...]
Life Insurance Corporation in India has increased its stake in the monopoly company, Indian Railway Catering and Tourism Corporation (IRCTC). The insurance giant now holds a 7.278% stake in the company from its previous 5.005% as it bought an additional 1,81,80,323 shares taking its total holding to 5,82,22,948 Equity Shares. The shares of IRCTC were [...]
The shares of FINO Payments Bank Ltd opened 10 percent higher at Rs 258 on Thursday as against its previous close of Rs 231. Till the afternoon, the stock had further gained 5 percent and was trading at Rs 267 levels. In the past three days, the stock has rallied by approximately 44 percent, as [...]
The shares of Hindustan Motors Limited opened at Rs 17.95 on Wednesday which was a gap of 7.5 per cent from the previous close of Rs 16.70. Further, it inches by 2.5 per cent to hit an upper circuit at Rs 18.35. The shares of the company soared after it announced that it has entered [...]
The shares of the Indian Energy Exchange, which has a monopoly in its segment, rose as much as 5 per cent till the afternoon on Monday after the company informed its Board of Directors would meet on November 25th to consider and approve a share buyback proposal. However, in the early hours of Tuesday, the [...]
