Headline gauges BSE Sensex and NSE Nifty 50 closed in the red on Friday amid a volatile session. The gains in the iT shares were offset by the losses in oil & gas and financial shares. Broder markets gave up initial gains during the day. Here are two shares that brokerages have recommended for an [...]
The shares of Mangalam Global Enterprise Limited opened at Rs 206 on Wednesday as against its previous close of RS 203. Till 11.30 am the shares had climbed 2.7% and were trading at Rs 209. In the last five days, the stock has climbed by more than 13%. So far this year, the stock has [...]
The shares of Torrent Pharmaceuticals Ltd gave multibagger returns in the past twenty years as they appreciated by 12,998.24% from ₹ 11.91 to ₹ 1560.00 apiece! This explains why staying invested in a company for the long term can pay off really well. If an investor had invested ₹ 1,00,000 in the company's shares on [...]
The shares of EKI Energy plunged almost 20% in the past three days after the Lok Sabha passed the Energy Conservation (Amendment) Bill to establish the carbon credit market in India, on August 08, 2022. Its shares are currently trading at ₹1,706.95 apiece. Prime Minister Narendra Modi’s Government is seeking changes to the energy conservation [...]
The shares of Alliance Integrated Metaliks Limited opened in the green on Thursday. They surged by 29.38% in the last five days. In fact, they rose 9.97% on Wednesday’s intraday trade and got locked at an upper circuit amid a choppy session. The company manufactures a wide range of metal structures and parts of metal [...]
Multibagger Stock: A year ago the shares of Fine Organic Industries Ltd were trading at Rs 2992 a piece on NSE. From there it has climbed up to the current levels of Rs 6,774 thereby giving a multibagger return of 124% in just a year. On Wednesday the stock opened at Rs 6,800 up 16% [...]
Before investing in a stock, it is important to understand the financials of the company. One of the metrics that should be looked at is the Return on capital employed (ROCE). The ratio helps to understand how well a company is generating profits from its capital as it is put to use. In other words, [...]
Tata Elxsi Limited scaled new heights as its shares surged 3.46% on Monday’s early trades to reach a record high of ₹ 9631.00 apiece on the National Stock Exchange (NSE). The company’s share price increased by 9.94% in the past five days due to a strong growth outlook and its shares are currently trading at [...]
The shares of Fineotex Chemical Ltd gained more than 8% in the early trading hours on Friday and reached their new 52-week high of Rs 252.90. Till afternoon, the stocks were trading at Rs 247. A year ago the scrip was trading at Rs 115 a piece on NSE. From there it has scaled up [...]
The shares of Chennai Petroleum Corporation were trading at Rs 103 a piece in January this year. From there it has spiked up to the current level of Rs 267 thereby giving a multi-bagger return of 158.08% YTD. In the past six months, the stock has given 135% returns to its shareholders. On Thursday the [...]