The shares of the company were trading in red at Rs 616 levels till the afternoon on Wednesday. In a month the stock has gained 1.1 per cent. In a year the shares have zoomed by approximately 52 per cent. Olectra Greentech Limited (Olectra), a subsidiary of MEIL Group is India’s first ever electric bus [...]
As per market data, foreign investors own about 18-20 per cent of the Indian stock market. Among them, the Foreign Institutional Investors (FIIs) are tracked the most to get a consensus about the sentiments of the foreign investors. Amid the ongoing volatility in the market here are two multibagger stocks bought by foreign firms: Deepak [...]
India has finally received its long-awaited National Logistics Policy (NLP). The Policy is set as a roadmap for developing a more interconnected and tech-driven framework for building cost and operational efficiency in the logistics sector. Prime Minister Narendra Modi said, “From 13 to 14% logistics cost, we should all aim to bring it to single-digit [...]
The shares of Ambuja Cements Limited zoomed 10 per cent on Monday’s early trades to hit a record high of ₹ 572.00 apiece on the bourses. The stock surpassed its previous 52-week high of ₹ 550.15 apiece that it had touched on Friday, following the Adani Group’s plans to infuse ₹ 20,000 crores in the [...]
The shares of Polyplex Corporation Ltd have delivered 37,374 per cent returns as they have zoomed from Rs 6 to the current levels of Rs 2,053 a piece in twenty-two years. This shows the power of compounding which can be achieved by long-term investments. If an investor would have invested Rs 1 lakh in the [...]
The shares of Sampre Nutritions Limited opened at Rs 109 and rose to Rs 112 to be locked in an upper circuit of 5 per cent on the last trading day of the week. In the past five days, the stock has risen by approximately 17 per cent. The shares rallied on Friday after Mauritius-based [...]
Multibagger stocks are those that give at least 100% returns in a given time frame. Quite often, the shares of companies take a while to deliver multibagger returns to their shareholders. This could be a year or more. However, some companies deliver multibagger returns in a very short span of time. Baroda Rayon Corp Ltd. [...]
The shares of Kshitij Polyline Limited opened at Rs 91.75 to reach its new 52-week high and got locked in an upper circuit of 5 per cent. In the last five days, the stock has zoomed by more than 17 per cent. In the span of a month, the stock has gained 70 per cent. [...]
A debt is any financial obligation that the company has to repay within a specified time period. For extending the capital, the creditor generally charges an additional sum of money which is known as interest. The debt is seen as a risk factor as the non-payment can also lead to bankruptcy of the company. Therefore, [...]
Starlineps Enterprises Limited’s shares surged 19.97 percent on Monday’s early trades to reach a fresh all-time high of ₹ 124.65 apiece on the Bombay Stock Exchange (BSE). The wholesale B2B company is engaged in the business of precious stones and jewellery. The company’s shares were trading at ₹ 122.35 apiece at 12:18 PM on Monday. [...]
