One of India’s largest apparel export company Gokaldas Exports Limited (GEL) is a multibagger stock in which two brokerages see an upside of up to 60%. The company designs, manufactures and sells a wide range of garments for men, women and children. It caters to the needs of leading international fashion brands and retailers. Despite [...]
The ‘Big Whale’ of the Indian stock market, Ashish Kacholia, continues buying stocks and adding to his portfolio which is worth more than Rs. 1,909.1 Crores. The investor recently bought a stake in Agarwal Industrial Corporation. As per the latest filing for the December quarter, the ace investor bought additional 2,00,000 shares, or 1.25% stake [...]
Rail Vikas Nigam Limited (RVNL), a Mini-Ratna CPSE gained 4 percent in the early hours to trade at Rs 74.85 levels. The shares edged higher after the company bagged projects worth Rs 1,134.1 Crore. RVNL received a letter of approval (LoA) on January 10th, 2023, for constructing an elevated viaduct (approximate length of 10 kilometers), [...]
The shares of Goldiam International shot up 10.45% in the past two days after ace investor Ashish Kacholia increased a stake in the company. Its shares reached an intraday high of ₹ 146.25 and were trading at ₹ 139.95 apiece at 01:32 PM on Wednesday. Goldiam International manufactures and exports gold and diamond jewellery to [...]
The shares of Uttam Sugar Mills Limited gained 5 percent in the early hours of Wednesday at Rs 314 levels. The prices climbed after the company announced its capex plans of Rs 96 Crores. The company announced that it will increase its Distillery capacity (Ethanol) by 100 KLPD at the Barkartpur plant from the existing [...]
A popular metric among investors is the PE ratio. It remains one of the most popular valuation metrics as it provides an indication of whether a stock at its current market price is expensive or cheap. A high PE ratio means that a stock is expensive and its price may fall in the future. A [...]
Sticking to stocks for a long period of time has helped many investors make fortunes, especially when the fundamentals of a company are strong. The stock market tends to compound investments over a long period of time.The shares of Pidilite Industries Limited were available at ₹ 11.39 apiece twenty years ago. Its shares closed at [...]
The shares of Rama Steel Tubes Limited hit an upper circuit of 10 percent at Rs 38.15 levels in the early hours of Friday. They rallied on the record date for the bonus issue approved by the board of directors earlier. The company approved a bonus issue of shares in the ratio of 4:1 which [...]
The shares of karnavati Finance Ltd opened higher on Wednesday and gained as much as 2 percent in the early hours to reach a time high of Rs 175. The share zoomed after the board of directors of the company approved a stock split. The board of directors has approved the split in the ratio [...]
Rama Steel Tubes is a small-cap company with a market capitalization of ₹ 1,509 crores. It operates in the industrial sector and is one of India’s top producers of rigid PVC & GI pipes and steel pipes & tubes. Its shares closed at ₹ 171.70 apiece on Thursday. The company declared a 4:1 bonus issue [...]
