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 [...]
Dolly Khanna, a Chennai-based investor, is known for picking lesser-known stocks that tend to outperform in the stock market. Her husband Rajiv Khanna manages her portfolio. As per the latest shareholding pattern, Dolly Khanna publicly holds 26 stocks with a net worth of over ₹ 513 crores. The markets have been volatile this year. Analysts [...]
The shares of Indian Hotels Company Limited were trading marginally lower at Rs 326 levels till 12 pm on Wednesday. In the past month, the stock has zoomed by approximately 16 per cent. In the past six months, the stock has delivered a 40 per cent return and so far this year in 2022, it [...]
ICICI Securities is bullish on the shares of Bharat Heavy Electricals Limited (BHEL), a mid-cap Maharatna company. The company’s shares were trading at ₹ 55.15 apiece at 11:35 AM on Tuesday. In its research report dated September 22, 2022, the brokerage has maintained a buy call on the shares, with a target price of ₹ [...]
Bonus shares are additional shares that are issued by the company to the existing shareholders without any additional cost. These shares are generally issued in a ratio determined by the board of directors. The record date is a cut-off date that determines the eligibility viz an investor should own the share on the record date. [...]
A company generally splits its shares when it looks to enhance the liquidity of the stock in the market. After a split the number of shares outstanding increases keeping the total market capitalization the same. The ownership of shares on the record date which is set by the board determines the eligibility of investors. Here [...]
Microcap companies have a market capitalization of less than 500 crores. These companies are less popular among conservative investors as they have high risks associated with them. However, it must also be noted that the return by investing in these companies can be huge: Here are four microcap multibagger stocks that were locked in an [...]
Eriska Investment Fund, a Mauritius-based foreign investment firm has bought a stake in Filatex Fashions Ltd, a small cap company listed on the Bombay Stock Exchange (BSE). As per the bulk deal details available on BSE’s website, the foreign institutional investor (FII) bought 7 lakh shares of the company at a price of ₹ 9.17 [...]
The shares of Aptus Value Housing Finance zoomed 8% to the day’s high price of ₹ 321.15 per share after foreign brokerage Citi initiated coverage on the stock. Its shares were trading at ₹ 314.30 apiece at 11:48 AM on Thursday. Citi has given a ‘buy’ call on the shares with a target price of [...]
The shares of Premier Explosives Limited have shed approximately 3 per cent till 12 pm on Thursday and were trading at Rs 485 levels. In a month the stock has gained approximately 22 per cent. Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) [...]