The Fast-Moving Consumer Goods (FMCG) companies manufacture and distribute essential consumer products that are sold quickly at relatively low costs. These products include food and beverages, personal care items, cleaning products, and other household goods, which are typically consumed or replaced frequently, making them essential to everyday life. The FMCG sector, India's fourth-largest, has been [...]
Multibagger stocks are investments that generate returns exceeding 100 percent of the original investment, often increasing in value multiple times within a relatively short timeframe. The price-to-earnings (P/E) ratio measures a stock's share price relative to its earnings. A high P/E may suggest overvaluation and a low P/E indicates better value, as investors pay less [...]
The National Electricity Plan (NEP) covering the period from 2023 to 2032 has been finalized. Union Power Minister Manohar Lal shared this news at a press conference held in New Delhi on 23rd September 2024. The NEP 2032 outlines a strategy for developing central and state transmission systems to meet the projected peak power demand [...]
The Indian market ended flat in Tuesday's trade trading session as investors struggled to find direction amidst mixed global cues and uncertain economic indicators. The Nifty 50 ended flat and struggled to maintain the 25,800 level on Tuesday, as major indices were dragged by the heavyweights Reliance Industries and IndusInd Bank. The Nifty 50 closed [...]
Major cement player in North Eastern India rose 8.6% after being selected as the preferred bidder for Limestone Block in e-auctions conducted by the Government of Rajasthan. Share price variations: With a market capitalization of Rs. 8,623.19 crores, Star Cement Ltd opened the trading session at Rs. 203.5, above 1.54% from yesterday's close of Rs. [...]
The shares of this microcap company surged around 17 percent in Tuesday’s trading session after receiving NSE approval to list its shares. In just one month, the stock has delivered around a 30 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 638 crores, the shares of U. Y. Fincorp Ltd [...]
Power stock which is one of the leading players in the Power Transmission & Distribution industry engaged in providing focus engineering, procurement & construction, and many other services in focus upon receiving a new work order worth Rs. 240.40 Crores from Blue Energy Limited. Price Action With a market capitalization of Rs. 2,658 Crores, the [...]
The small-cap EV stock touched a 5% upper circuit following its board's approval to acquire a 70% stake in Haitek Automotive Private Limited, making it a subsidiary of the company post acquisition. Share price variations: With a market capitalization of ₹2,327.76 crores, Mercury Ev-Tech Ltd opened the trading session at ₹129.80 per share, 2.77% higher [...]
The shares of this smallcap company locked a 5 percent upper circuit after reporting an increase in domestic sales by around 18 percent. In six months the stock has delivered more than a 30 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 1,860 crores, the shares of Atul Auto Ltd [...]
Solar Energy stock engaged in manufacturing solar photovoltaic modules and providing turnkey solar solutions hit a 10 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 52 Crores and capex plans of Rs. 8,000 Crores. Price Action With a market capitalization of Rs. 1,686 Crores, the shares of Solex [...]
