The shares of this alcohol stock jumped nearly 30 percent in just two trading sessions and hit a 52-week high of Rs.1,153.8 per share after Motilal Oswal Mutual Fund bought a stake in the company. Price Variation In Monday's trading session, Globus Spirits Limited's share price reached a 52-week high of Rs.1,153.8 per share, marking [...]
Three PSU (Public Sector Undertaking) stocks are in focus after securing Navaratna status from the Ministry of Finance, Government of India. This prestigious upgrade enhances their operational flexibility and investment capabilities. What happened The Ministry of Finance upgraded four public-sector enterprises, SJVN, Solar Energy Corporation, NHPC, and RailTel Corporation of India, to the 'Navratna' status [...]
The shares of this navratna company jumped 3 percent after the company’s board fixed the record date as October 07, 2024, for the bonus issue in the ratio of 1:2. NBCC (India) Ltd has a market capitalization of Rs 33,867.00 crore, the shares of NBCC (India) Ltd were trading at Rs 187.95 per share, increasing [...]
IT stock providing Business Process Management (BPM) like Customer Acquisition services, customer services, IT Infrastructure management services, and Data Management services hit a 5 percent upper circuit in the day’s trade following expansion into Digital Marketing, Data Centres, and Cyber Security. Price Action With a market capitalization of Rs. 217 Crores, the shares of Enser [...]
Shares of this Tata group company that manufactures agrochemicals rose by nearly 2 percent after completing a partnership with Australia's Bio-gene Technology Limited to produce an insecticide. Price Variation In Monday's trading session, Rallis India Limited’s share price surged 1.9 percent to an intra-day high of Rs.358.75 per share, up from the previous close of [...]
Multibagger stock engaged in providing engineering, procurement, and construction (EPC) services, operation & maintenance, and many more hit a 5 percent upper circuit in the day’s trade upon receiving a new work order from Kalpataru Projects International Limited. Price Action With a market capitalization of Rs. 778 Crores, the shares of RBM Infracon Limited hit [...]
The shares of this smallcap company locked a 5 percent upper circuit after receiving an order worth Rs. 247 crores from Bharat Petroleum. In one year, the stock has delivered more than a 500 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 4,207 crores, the shares of Oriana Power Ltd [...]
The shares of the leading gas distribution company gained up to 14 percent after the company’s board of directors approved a scheme of arrangement and amalgamation. With a market capitalization of Rs 45,323.61 crore, the shares of Gujarat Gas Ltd were trading at Rs 659.95 per share, increasing around 9 percent as compared to the [...]
The Ministry of Road Transport and Highways (MoRTH) has introduced the Voluntary Vehicle Modernization Program, also known as the Vehicle Scrapping Policy, to create an ecosystem for phasing out unfit polluting vehicles across India This initiative will be carried out through a network of Registered Vehicle Scrapping Facilities (RVSFs) and Automated Testing Stations (ATSs). Currently, [...]
Fundamentally strong companies possess strong financials, such as a low debt-to-equity ratio, considerable profit growth, and consistent cash flow. Such companies are more likely to endure and emerge stronger from market downturns. In the Indian stock market, mid-cap companies are defined as those with a market capitalization between Rs27,600 crore and Rs84,300 crore. Listed below [...]
