Fundamentally strong stocks refer to shares of companies that are considered financially healthy and well-positioned for long-term growth. These stocks typically have strong financial performance, solid earnings, low debt, a competitive market position and good management. Investors often view these stocks as stable and less risky, as the companies behind them show consistent revenue growth, [...]
With a market capitalization of Rs 10,896 crores, the shares of Indian Energy Exchange Limited (IEX) currently trade at Rs 122.30, dragging more than 10 percent as compared to the previous closing levels of Rs 136.45. During the initial few minutes, the stock was locked in the 10 percent lower circuit at Rs 122.8. Moreover, [...]
Polyplex Corporation Limited opened its trading hour today at Rs 1,128.95 and is currently trading at a price of Rs 1,144. The stock hit its 52-week low figures yesterday at Rs 1,101. The scrip is up approximately 2 percent as compared to the previous closing price of Rs 1,122. The stock is around 60 percent [...]
The shares of Voltas Limited, a tata group stock opened at Rs 800 on Friday and shed as much as 2.5 percent to reach its new 52-week low of Rs 785. The shares hit their previous 52-week low of Rs 798.30 yesterday. The stock reached its 52-week high of Rs 1,347.65 in April this year. [...]
The shares of most IT companies like TCS, Infosys and Wipro, tanked this year; but Tech Mahindra is the worst-performing stock on a year-to-date basis. The Indian markets are mostly in the red due to the impacts of the Russia Ukraine War and the fear of a looming lockdown, due to the situation in China. [...]
The shares of Aurobindo Pharma have hit a fresh 52 week low of ₹580.10 after dropping 3.81% on the bourses. The United States Food and Drug Administration (US FDA) inspected its manufacturing facility at Jedcherla, Hyderabad from May 2 to 10 and issued a Form 483 with six observations. The pharma major said that It [...]
On Monday, the Indian Stock Market closed lower with Sensex down by −84.88 pts (-0.15%) and traded at closing points of 56,975.99. On the other hand, Nifty 50 closed at 17,069.10 and down by −33.45 pts (-0.20%). NSE’s benchmark index has given a negative return of -5.45% in the last one month. As markets are [...]
