Bajaj Finance on Tuesday reported a 79.67% year on year (YoY) increase in its consolidated net profit. In the quarter ended 31 March 2022, it reported a consolidated net profit of ₹ 2,419.51 crores, as compared to ₹ 1,346.64 crores during the same period last year. The company said that this was its highest ever [...]
Easy Trip Planners Limited which offered its IPO in 2021, gave a return of 344.84% in the last year and 74.53% in the last six months. The company has a market cap of Rs 8,699.21 and operates in the Online Travel Service Provider Industry. Founded in 2008, Easy Trip Planners Ltd is an online travel [...]
FIIs impact the Indian Stock markets in a considerable manner. When FIIs invest in the stock markets, the share price of the companies increases and vice versa. These investors account for a huge chunk of liquidity in the stock market. Here is a list of five companies in which FIIs have increased their shareholding in [...]
The shares of Elegant Floriculture and Agrotech India Ltd surged 1028.23% from ₹5.42 apiece on January 3, 2022, to ₹61.15, its 52-week high in April 2022. It was observed that the scrip would hit the upper circuit on every trading session, starting from mid-March to 8th April 2022. This made multibagger returns for investors. For [...]
Shares of Mirza International Limited gained 11.50% and reached a fresh 52-week high of ₹ 221.15 apiece. In the past month, its share price has increased by 26.78%. This means that if an investor would have invested ₹1,00,000 in the share a week ago, their holdings would have been worth ₹ 1,26,780. In the past [...]
As per the latest shareholding pattern of Nahar Spinning Mills, seasoned investor Anil Kumar Goel has increased his stake in the multibagger. Ace investor Dolly Khanna’s name was also among the key shareholders as of March 31, 2022. Dolly Khanna held 3,81,973 shares or a 1.06% stake in the company as of March 31, 2022. [...]
Speciality chemicals are one of those sectors that have delivered multibagger returns in the last two years. The sector now trades at about 30 times FY24 earnings as against single-digit values a decade ago. Chemical companies continue to command a premium valuation as they may have the pricing power to offset any inflation in input [...]
Analysts at Motilal Oswal expect the growth momentum to continue in transport sector stocks due to a pick up in economic activity, normalization in transportation and government reforms that will benefit organized players in the sector. They gave a buy rating on the shares of Transport Corporation of India (TCI), on 6th April 2022 with [...]
The 30-share index and the 50-share index extended losses after a gap-down start on Tuesday’s trading session tracking weakness across global markets. Losses were witnessed across sectors like financial, oil & gas and metals. News around the Russia-Ukraine war, a rise in bond yields and increasing Covid infections affected investor sentiments. Brokerage firm Axis Direct [...]
There was a spike in the share prices of Adani Transmission Limited and the shares reached a 52-week high of ₹3,000 apiece today, even as benchmark indices extended losses after a gap-down start on Tuesday’s early trades. There was weakness across global markets as investors started the holiday-shortened week in a risk-off mood. The stock [...]
