The Sugar stocks continued to rise on Thursday after the government announced high incentives for the company. On December 26th, the Ministry of Consumer Affairs announced a 100 percent incentive on sugar sacrificed for producing ethanol from B-heavy molasses, sugarcane juice, and syrup. On the sweet news, here are two multibagger sugar stocks that rallied [...]
The Shares of Fredun Pharmaceuticals Ltd have delivered 8,820% in just six years, as the share price has risen from Rs 12.5 in March 2016 to the current level of Rs 1,114 on the BSE. Fredun Pharmaceuticals Limited has established itself as a reliable and ethical Company over the years. The company is into manufacturing [...]
The Shares of Aditya Vision Limited have delivered 9,671% in just six years, as the share price has risen from Rs 15.3 in December 2016 to the current level of Rs 1,495 on the BSE. Aditya Vision Limited is a dynamic, fastest-growing, and service-oriented electronic Retail Chain in Bihar. The company is a group of [...]
Vishnu Chemicals Limited is a small-cap business that operates in the chemical industry. It has been making and supplying chemicals for international firms in the steel, glass, pharmaceutical, pigments and dyes, leather and related sectors for three decades. The company informed the exchanges that its board has passed the necessary resolutions and has fixed Friday, [...]
Arfin India Ltd is a company engaged in manufacturing aluminum products that received an order from Saudi Basic Industries Corporation ("SABIC") for the supply of 18,000 MT of Aluminium Deox. The supply is set to be completed in phases of four years. The value of the contract is Rs 350 Crores (USD 39.97 million). The [...]
A stock whose price ranges anywhere between Rs 1 to Rs 80 and has a market capitalization of less than Rs 500 crore is categorized as a Penny stock in India. These stocks are illiquid in nature as the trading volume is generally less and thus have a higher risk. These companies are microcaps and [...]
A company generally decides to split its shares mainly because of two reasons. The first is to improve the trading liquidity in the market and the second reason is to make the stock seem more affordable to investors. The number of shares outstanding increases and the price per share decreases, keeping the total market capitalization [...]
According to a Bloomberg report, India has produced more 10-baggers than the other global markets during the past twenty years. 10-baggers are those stocks whose prices rise 10 times over a decade. For example, if an investor would have invested ₹ 1 lakh in these shares, the value of their holdings would have become more [...]
The shares of Aditya Vision Limited gained approximately 4 per cent today and reached a new 52-week high of Rs 1,845 in the early hours of Monday. The shares rallied after the news surfaced that Ace investor Ashish Kacholia bought a stake in the company. As per BSE Bulk deals, the investor acquired 1 lakh [...]
The Shares of Titan Company Limited have delivered 67,850% in twenty years, as the share price has risen from Rs 3.67 in December 2002 to the current level of Rs 2,609 on the NSE. If an investor would have invested Rs 1 lakh in the company in November 2002, the total value of their holdings [...]