Tata Group’s IT firm, Tata Elxsi’s shares tumbled on Monday’s early trades after the company reported a sequential decline in its net profit. At 11:35 AM, its shares were trading at ₹ 7800.00 apiece, down 8 per cent. In comparison, the BSE midcap index gained 0.05% on Monday. Tata Elxsi delivered steady growth in the [...]
Sanmit Infra Limited, a company whose shares gave multibagger returns to its shareholders has declared a stock split. Further, it has fixed the record date for the same. It is a small-cap company that is engaged in the business of bio-medical and other waste management, infra and real estate development, and trading in petroleum products. [...]
Som Distilleries and Breweries has informed the bourses that they have entered into a contract manufacturing arrangement with Radico Khaitan Limited for the manufacturing of their IMFL (Indian Made Foreign Liquor) and Ready to Drink brands at their plant at Hassan, Karnataka. They added that it will lead to better utilization of their IMFL facility. [...]
The Indian stock market has produced a good number of multibagger stocks in the post-covid rebound. Indo Amines is one of them. The chemical stock has surged 17.13% today to reach an intraday high of ₹ 144.6 on the Bombay Stock Exchange (BSE). The company’s shares have given stellar returns of 956.32% after the stock [...]
The markets opened in the red on Thursday with the benchmark NIFTY 50 index down 0.82% for the day to 17,005 points. As for the 30-stock BSE Sensex, it opened in negative too at 57,232 points, down 394 points or 0.68%. In the past month, the market has declined by 6%. As markets fluctuate, here [...]
The shares of Everest Industries Ltd., a building solutions company rose over 13.78% on Tuesday. The stock touched its high of Rs. 895.86 in its previous trading session and eventually closed at Rs. 878.05 for the day. As of 11:55 IST, the stock was trading at Rs. 865 per share on Wednesday, down 1.71% in [...]
The shares of Global Education Ltd. hit its upper circuit of 4.99% to touch Rs. 403.80 during the early hours of trading on Monday. Global Education is a small-cap educational service provider and consultancy firm based out of Mumbai with a market value of Rs. 411 crores. The company’s shares are expected to trade ex-split [...]
Shivalik Bimetal Controls Limited, a small cap multibagger stock, has announced the record date for a 2:1 bonus issue. This means that eligible shareholders will receive one bonus share for every two equity shares held by them as of the record date. The company is specialized in the joining of materials through various methods. It [...]
An increase of 100 per cent or more, in the share price of a company, is one of the simplest ways by which investors receive multibagger returns. But corporate actions like a bonus issue can also help investors receive multibagger returns by multiplying the number of shares that they hold. Jyoti Resins and Adhesives Ltd [...]
The shares of KEI Industries Limited have delivered a return of 19,608% to its shareholders in 9 years as the stock price has increased from Rs 7.25 in September 2013 to the current level of Rs 1,446. If an investor would have invested Rs 1 lakh in the shares of the company at those levels [...]
