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 [...]
The shares of Polyplex Corporation hit a 52-week low of ₹ 1625.50 apiece on Monday. Its shares closed at ₹ 1638.00 apiece on the Bombay Stock Exchange (BSE). 90356 shares changed hands during the day. According to the latest filings, ace investor Dolly Khanna holds 3,68,170 shares of the company. Her holdings in the company [...]
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 [...]
The shares of General Insurance Corporation of India Ltd. (GIC Re) rallied 10% on the bourses today to hit their day’s high of Rs 175.90. The stock has gone up over 20% in the previous two trading sessions. The six-month performance has been impressive as well. It has generated an attractive return of 57% for [...]
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 [...]
KPI Green Energy announced on Monday that it has received new orders to develop solar power projects aggregating to 24.90 Megawatt (MW) capacity. As a result, its shares were trading in the green at ₹ 914.70 apiece at 01:13 PM on Tuesday. It is a small-cap company with a market capitalization of ₹ 1624 crores. [...]
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 VA Tech Wabag shot up 12.21% on Monday’s early trades to reach a fresh 52-week high of ₹ 374.90 apiece on the National Stock Exchange (NSE). The stock surpassed its previous high of ₹ 351.00 apiece, which it reached on November 29, 2022. VA Tech Wabag is a leading pure-play water technology [...]
