With a market capitalization of Rs 458 crore, Shish Industries shares gained 2.2 percent of Rs 406.95 reaching a 52-week high price on Friday’s early trade. As per the company’s filing, its board recommended a bonus issue of 2:1. This implies that for every share owned by an investor, two additional shares will be credited. [...]
The BSE Sensex took 137 trading sessions to cross the previous record high that it reached on December 01, last year. The benchmark index recently reached its record high of 63,601.71 points on Wednesday, after which it cooled off and was trading at 63,601 levels on Friday. Here are a few stocks that managed to [...]
Free cash flow in any financial year is the amount of cash that is left with a business after they have accounted for all the cash generated from the operations and deduct all the capital expenditure(capex) of that year. And it includes all operating cash income and cash expenses. Here are three Mid-cap multibagger stocks [...]
Shares of Jagatjit Industries hit the 5% upper circuit for four days in a row. Its share price reached a 52-week high of ₹ 136.10 apiece on the Bombay Stock Exchange (BSE) on Thursday. Jagatjit Industries Limited manufactures an entire range of alcoholic beverages and markets malt extracts and malted milk foods. In the past year, [...]
The shares of IDFC First Bank Limited slipped more than 5 percent today and currently trade at Rs 78. The Bank has a market capitalization of Rs 51,500 crores. Keeping a horizon of one year, the scrip has delivered multibagger returns of around 167 percent to its stakeholders. It means that if someone would have [...]
Shares of Balu Forge Industries Ltd share rose 12 percent to Rs 169.95 and reached a 52-week high price on Thursday’s trading session. The stock jumped a day after ace investor Ashish Kacholia bought a 2.16 percent stake. As per the exchange filing. The company board approved the issuance of 1,37,27,000 each on a preferential [...]
The Indian food industry has been booming in recent times due to an increase in the number of popular fast food chain restaurants such as Domino's, McDonald's, Pizza Hut, and others that are located in Indian Tier 1 and Tier 2 cities. Which operates on a franchise model, This industry is evolving drastically by adopting [...]
Shares of Servotech Power Systems are on a roll. The company’s shares gained 4.98% to hit the upper circuit on Tuesday. They were locked at ₹ 191.70 apiece, which is their new all-time high. Servotech Power Systems is engaged in the end-to-end manufacturing, procurement and distribution of EV charging solutions, solar products, energy-efficient lighting solutions [...]
Amid positive sentiments, domestic benchmark indices closed in the green on Friday. The BSE Sensex recorded a gain of 466.95 points or 0.74% to end the week at 63,384.58. Similarly, the NSE Nifty 50 gained 137.90 points or 0.74% to settle at 18,826.00 points. Meanwhile, here are eight stocks in which the brokerages recommend an [...]
India is a major consumer of fertiliser, but despite high demand, it relies significantly on imports, increasing both import costs and the subsidy load. Chemical fertiliser prices have more than doubled in the previous two years due to geopolitical limitations. This placed an additional burden on the Indian government. To combat this, the government started [...]
