India has banned the import of certain defence equipment in order to boost local manufacturing. As a result, analysts expect that defence stocks like Hindustan Aeronautics Ltd., Bharat Electronics Ltd., Larsen & Toubro Ltd. and others will benefit. The Indian government released its "third positive indigenisation list" of 101 items on Thursday, which comprises highly [...]
Shares of Adani Green Energy Limited (AGEL) gained 7.42% and rose to a fresh 52-week high of ₹2524.00 apiece on Monday’s early trade. The stock saw a gap-up opening at the beginning of the session this week. The stock changed 1792328 hands, with a turnover of ₹ 447 crores till 11:25 AM today. This comes [...]
Ths stocks of Bharat dynamics have risen by 55.28% in the last one month and 79.36% in the past three months. The state-owned midcap defense stock, incorporated in the year 1970, is a Mid Cap company (having a market cap of Rs 13,126.60 Crore) operating in the Defence sector and is listed on BSE and [...]
Shares of Bigbloc Construction Limited gave multibagger returns of 1597.18% in the last three years. The share price surged from ₹ 7.20 per share to ₹ 120.55 per share during the said period. This means that if an investor would have invested ₹1,00,000 a year ago, the value of their investment would have been ₹ [...]
Indian Benchmark indices opened on a positive note today, ahead of the outcome of the Central Bank’s monetary policy. The Sensex was up 219.99 points at 59254.94, while the Nifty was up 76.60 points at 17716.10. Broadly, the markets opened in green. Axis Direct has given stock recommendations for positional trading for a duration of [...]
A Hyderabad-based cloud computing firm has changed fortunes for many investors in the past two years. The scrip surged from ₹48.85 levels in April 2020 to ₹1612.50 apiece. It gave investors stellar returns of 3200.92% in the last two years! This means that an investment of ₹1,00,000 in April 2020 would have turned into a [...]
Small-cap companies in the Indian context are those companies that have a market capitalization of ₹5000 crores or less. These companies are usually small in size but have huge growth potential. In general, these companies cover about 5% of the total money that is circulating in the stock market. A few small-cap companies have given [...]
Shares of Tata Power Company Limited rallied 4.20% on Wednesday’s early trades and have changed 9,38,20,764 hands on the counter so far. The stock opened at ₹ 275.95 on the NSE and touched a fresh record high of ₹287.90 apiece on the BSE, due to heavy volume on improved business outlook. The share price of [...]
Large-cap companies in the Indian context are those companies that have a market capitalization of ₹25000 crores or more. These companies are usually well established and are very stable even during negative events. In general, these companies have covered about 80% of the total money that is circulating in the stock market. A few large-cap [...]
Shares of Prozone Intu Properties Ltd hit the upper circuit in two consecutive trading sessions. It is locked at ₹24.65 apiece today. Ace investor Rakesh Jhunjhunwala holds 31,50,000 shares of the company and his holdings amount to ₹7.8 crores as per filing data related to the December quarter. Filing data related to his investment in [...]
