On Friday, the Sensex and Nifty extended their rally for the fifth consecutive day, reaching new 52-week highs supported by widespread buying in various sectors and leading stocks. However, by the close of trading, both benchmark equity indices ended the session in negative territory. The NSE Nifty 50 closed 33.90 points or 0.14 percent lower [...]
Green energy stocks are investments in companies that generate power from renewable energy sources, such as solar, wind, hydropower, biomass, bioenergy, geothermal, and ocean energy. Increasing environmental concerns, government support, and massive investments in the renewable energy sector in India are making it an attractive avenue for investors. Top conglomerates in the space are running [...]
Spacenet Enterprises India Limited, a trailblazer in technology investment, has announced a groundbreaking Composite Scheme of Arrangement with Winteg People Solutions Private Limited and Pathfinder Enterprise Solution Private Limited, a Chennai-based leader in Generative AI-driven data analytics. This strategic merger is set to create a new paradigm in the retail and AI sectors, signifying a [...]
Multibagger Stock engaged in the business of hospitality, publications, and many more in green after it received a work order from the Department of Tourism of Lakshwadeep, which would expand its operations and presence. At 12:23 p.m. the shares of Praveg Limited were trading at Rs. 656.20, up 1.15 percent from its previous day’s close [...]
Ashish Kacholia’s multibagger stock received a huge order from the Myanmar Port Authority. The company marks this new achievement as their first independent international contract. Share prices of Knowledge Marine and Engineering Works Limited spiked 3.2% today. The share opened at Rs. 1,385 on Friday and hit its intra- day high at Rs. 1,430. This [...]
On Friday this Multi-bagger stock opened at Rs. 203.70 and went by the upper circuit's 10% upper limit. The company's disclosure of a 92% increase in net profit. The Relative Strength Index (RSI) of this company stands at 71.52 and the stock is trading above the 50-day and 200-day moving average. Genus Power Infrastructure Ltd [...]
Caplin Point Laboratories Ltd shares closed at Rs 950.60 a share, up 1.28 percent on August 4, at a 52-week high of Rs 978.80 and a market capitalization of Rs 7,217 crores. According to BSE data, the stock has delivered multibagger returns of about 72,723 percent over a 14-year period, spanning from Rs 1.30 in [...]
Multibaggers are such stocks which deliver returns in multiples of their expenditures. These stocks are generally inexpensive and have strong fundamentals, making them excellent investing opportunities. The stocks listed below have strong fundamentals and have achieved multibagger returns in a single year. Here are three multibagger stocks with up to 1395% returns that are priced [...]
Multibaggers are stocks that give multifold returns. When picked for investment, these stocks are usually undervalued, have strong fundamentals and have the potential to scale quickly. To be able to make wealth, investors have to buy a substantial amount of multi-bagger stocks and stay invested for a certain amount of time. Here are two multibagger [...]
A real estate development company has announced a bonus issue in the ratio of 1:2 and has fixed August 18, 2023, as the record date for determining the eligibility of shareholders to the entitlement of bonus shares. Accordingly, those shareholders who hold the shares of Lancor Holdings as of the record date will receive one [...]
