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 [...]
D-Street’s ‘Big-Whale’ Ashish Kacholia hardly appears in the media and is known for letting his portfolio speak for himself. He has invested in more than forty stocks across a variety of sectors and has a net worth of over ₹ 1,871 crores. According to the latest shareholding patterns released by companies, the seasoned investor has [...]
The shares of Shriram Asset Management Company Limited hit an upper circuit of 19.99 percent at Rs 145.25 levels on Tuesday’s session. In the past five days, the stock has zoomed by approximately 35 percent. The board of the company announced that they have approved the appointment of Kartik Jain as its new MD and [...]
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 the tyre manufacturer, TVS Srichakra Limited, opened at Rs 3,250 levels and gained as much as 10 per cent in the early hours to reach a new 52-week high of Rs 3,644. The stock rallied Automotive Tyre Manufacturers Association said that the tyre industry is set to boom in the coming years. [...]
Investing in small-cap stocks has an inherent nature of being volatile and involves high risk. However, they generally tend to have a significant upside growth potential in a shorter time frame as the smaller companies have high growth potential. Here are 5 small-cap stocks that delivered a multibagger return in the year 2022: Baroda Rayon [...]
