The shares of Deep Diamond India Ltd were locked in an upper circuit on Tuesday as it gained 4.93% from the previous close of ₹ 20.30 to settle at ₹ 21.30 apiece. Deep Diamond India is engaged in the business of gold and diamond studded jewellery and operates in the consumer discretionary industry. Its shares [...]
Indian markets opened in the green on Tuesday and market observers are waiting for cues from the economic survey that will be tabled today in the Parliament. Investors are closely tracking updates and opinions regarding the budget. Here are three stocks that turned multibaggers and generated more than 10x returns after the previous budget: Mercury [...]
Hi-Tech Pipes Limited, saw its shares zoom by more than 7 percent at Rs 967 levels on Monday's trading session. The stock zoomed on account of strong Q3 numbers coupled with a corporate action announced by the company. In the December quarter of FY23, the company reported revenue from operations that stood at Rs 569 [...]
Data Patterns (India)’s share price shot up 18.53% on Monday’s early trades to reach an intraday high of ₹ 1,379.00 apiece after the company reported a strong performance in the December quarter. Its shares were trading at ₹ 1350.00 apiece, up 16.04% at 12:41 PM. Data Patterns was one of the biggest gainers in the [...]
The shares of Priti International Limited were trading up by 1 percent at Rs 151 levels in the early hours of Wednesday. The stock remained in focus on the trading day after ace investor Porinju Veliyath freshly bought a stake in the company. Priti International Ltd is an Indian local furniture & lifestyle brand with [...]
The shares of Integra Essentia Ltd. appreciated to the tune of 10% after the company declared its results for the latest quarter. It is a penny stock and its shares were trading at ₹ 8.70 apiece at 12:55 PM on Tuesday. Integra Essentia has a market capitalization of ₹ 384 crores. It is a Fast [...]
Motilal Oswal Funds on 20 January bought a 2.5 per cent stake in Hi-Tech Pipes, a small-cap multibagger stock. On Monday, the stock gained 2.53% to reach a fresh 52-week high of ₹ 989.65 apiece on the National Stock Exchange (NSE). Its shares closed at ₹ 972.25 apiece. Motilal Oswal AMC picked up 3 lakh [...]
Penny stocks are known to deliver high returns in a shorter time period as these stocks tend to hit circuits more often. Penny stocks have a market capitalization of less than Rs 200 Crore and have a share price lesser than Rs 100. These companies tend to have zero or negative sales and profits and [...]
The shares of Servotech Power Systems Limited hit an upper circuit of 5 percent at Rs 191.45 in the early hours of Monday. The scrip gained after the company reported robust Q3 results. In Q3FY23, Servotech reported a total revenue of Rs 83.27 crore which is a jump of more than 101 percent from R [...]
When deciding whether to invest or not in a company, many investors look for businesses that will last a long time and not those businesses that are doing well currently. They intend to remain invested in stocks for more than ten years and let their money compound. Fundamentally strong companies help investors to make fortunes, [...]
