NBFC stock engaged in the business of providing loans for the purchase, construction, repair, and upgrade of houses, along with offering loans for various purposes jumped 8 percent in the day’s trade after Goldman Sachs, the Government of Singapore and others bought stake in it. Price Action With a market capitalization of Rs. 30,794 Crores, [...]
Gaming stock owned by Nikhil Kamath surged nearly 5 percent to Rs.1,049.6 per share following an investment of Rs.982 crore to acquire a stake in India’s largest poker gaming platform, PokerBaazi. Share Price Movement In Friday's trading session, the shares of Nazara Technology Ltd surged 2.7 percent to an intraday high of Rs.1,049.6 per share, [...]
The shares of the leading energy solution provider gained up to 5 percent after the company signed licensing agreements with Ceres Power Limited, a UK-based company. With a market capitalization of Rs 56,421.70 crore, the shares of Thermax Ltd were trading at Rs 4,721.85 per share, increasing around 2 percent as compared to the previous [...]
The shares of this largecap company jumped around 2 percent after signing an MoU to set up 200 fast charging stations for electric commercial vehicles. The stock has delivered more than a 60 percent return to its shareholders in one year. Price Movement: With a market capitalization of Rs. 1,43,183 crores, the shares of Tata [...]
Shares of the company involved in providing railway ticketing, catering, and tourism services surged by around 3 percent to Rs.956.8 per share after LIC increased its stake. Share Price Movement In Friday's trading session, the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) share price surged 2.7 percent to an intraday high of Rs.956.8 per [...]
The shares of the infrastructure company gained up to 4 percent after the company announced a joint venture with M/s Mecgale Pneumatics Private Limited worth Rs 31.50 crore. Shradha Infraprojects Ltd has a market capitalization of Rs 267.29 crore, the shares were trading at Rs 132 per share, increasing around 3 percent as compared to [...]
During Friday’s trading session, the shares of one of the leading electrical and power distribution equipment manufacturers surged 2.5 percent to Rs. 613.8 on BSE, after securing an order worth Rs. 143.77 crores for the supply of smart meters. With a market capitalisation of Rs. 3,878.6 crores, at 10:27 a.m., the shares of HPL Electric [...]
The PEG ratio, which stands for Price/Earnings-to-Growth, compares a company's Price-to-Earnings (P/E) ratio to its expected rate of growth. When the PEG ratio is below 1.0, it suggests that investors may be paying less per unit of earnings growth, making the stock potentially undervalued. Listed below are such stocks under Rs. 50 with PEG less [...]
India's solar industry is poised for continued growth, driven by its vast potential for solar energy production, policy support, and increasing demand for clean energy solutions. It has rapidly grown into one of the largest in the world, with over ~72 GW of installed capacity for solar module manufacturing and ~8.1 GW for solar cell [...]
Prime Minister Narendra Modi addressed the Semicon India 2024, highlighting India’s developments, focus, and vision on ongoing projects and plans catering to the semiconductor industry and India’s semiconductor mission thereby boosting the Nation’s growth and prosperity. He stated that semiconductor is the basis of the digital age and that the day is not far when [...]