by Trade Brains | Sep 10, 2024 | 10:41 am | News, Trending News
Shares of a leading consumer electrical company in India with a strong presence in Fast Moving Electrical Goods (FMEG) surged by 2 percent on BSE to Rs. 1,559.85 during the trading session of Tuesday. With a market capitalisation of Rs. 17,610.3 crores, at 10:08 a.m., the shares of R R Kabel Limited were trading in [...]
by Trade Brains | Sep 10, 2024 | 10:40 am | News, Trending News
India's food industry, worth $400 billion, is among the world's largest, contributing over 10% to the country's GDP. It employs about 60 million people and includes agriculture, manufacturing, and retail. With a projected 12% CAGR growth, the sector is fueled by increasing demand and innovation. In 54th GST Council Meeting on Monday, Finance Minister Nirmala [...]
by Trade Brains | Sep 10, 2024 | 9:26 am | Editor's Pick, News
Price to Book Value (P/B ratio) is a financial metric that compares a company's market value to its book value, indicating how much investors are willing to pay for each dollar of net assets. A lower P/B ratio may signal undervaluation, while a higher ratio suggests potential overvaluation relative to the company's assets. Here are [...]
by Trade Brains | Sep 9, 2024 | 4:21 pm | News, Trending News
India’s Second largest private commercial port operator engaged in the business of developing, operating, and maintaining port and other infrastructures jumped 3 percent in the day’s trade upon approving capex plans worth Rs. 2,359 Crores. Price Action With a market capitalization of Rs. 65,458 Crores, the shares of JSW Infrastructure Limited were trading at Rs. [...]
by Trade Brains | Sep 9, 2024 | 3:04 pm | News
With a market capitalization of Rs 6.87 lakh crores, the stocks of Hindustan Unilever Limited (HUL), a fast-moving consumer goods manufacturer and marketer selling beauty and personal care items, etc, soared up to 3.50 percent to hit its 52-week high level of Rs 2,937.50 on Monday. On June 21st, 2024, Trade Brains initiated coverage on [...]
by Trade Brains | Sep 9, 2024 | 2:37 pm | News, Trending News
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. CRISIL forecasts 7-9 percent revenue growth for [...]
by Trade Brains | Sep 9, 2024 | 1:58 pm | News, Trending News
The shares of the organic product manufacturer hit 10 percent upper circuit after the company announced its strategic partnership with Non-Banking Financial Companies (NBFCs). With a market capitalization of Rs 1,041.46 crore, the shares of Sarveshwar Foods Ltd were trading at Rs 10.64 per share, increasing around 9 percent as compared to the previous closing [...]
by Trade Brains | Sep 9, 2024 | 1:54 pm | News, Trending News
The shares of this smallcap company jumped upto 4 percent in Monday’s trading session after announcing a joint venture in Saudi Arabia to establish two plants to assemble electric vehicles. Price Movement: With a market capitalization of Rs. 1,439 crores, the shares of Wardwizard Innovations & Mobility Ltd started Monday’s trading session on a higher [...]
by Trade Brains | Sep 9, 2024 | 1:01 pm | News, Trending News
The shares of the largest footwear company gained up to 3 percent after Kotak Mahindra Mutual Fund bought a fresh stake of 39.74 lakh equity shares in the company. Metro Brands Ltd has a market capitalization of Rs 33,881.38 crore, the shares were trading at Rs 1,245.90 per share, increasing around 0.91 percent as compared [...]
by Trade Brains | Sep 9, 2024 | 11:57 am | News, Trending News
During Monday’s trading session, the shares of a company engaged in manufacturing cigarettes slumped 7.5 percent to Rs. 477.9 on BSE, after SBI Mutual Fund sold a 2.89 percent stake in the company through a bulk deal on NSE. With a market capitalization of Rs. 7,734.6 crores, at 11:12 a.m., the shares of VST Industries [...]
