Pharma stock engaged in manufacturing and selling APIs, Pharma Intermediates, Specialty Chemicals, and many more jumped 5 percent in the day’s trade following the announcement to Buyback equity shares at a 50 percent premium and fixing record date. Price Action With a market capitalization of Rs. 5,562 Crores, the shares of Aarti Drugs Limited were [...]
The benchmark equity indices opened Tuesday’s trading session on a flatter note. The NSE Nifty 50 opened 22 points or 0.09 percent higher at 25,032.50, while the BSE Sensex opened 62 points or 0.08 percent higher at 81,760. Listed below are the stocks that locked 20 percent upper circuit in Tuesday’s trading session: Sameera Agro [...]
The shares of this small-cap company gained up to 14 percent after the company’s subsidiary entered into a share purchase agreement to acquire a 100% equity share in Paramount Health Services & Insurance TPA Private Limited. With a market capitalization of Rs 4,325.79 crore, the shares of Medi Assist Healthcare Services Ltd were trading at [...]
In Tuesday’s trading session, the shares of one of the leading automotive component manufacturers hit a 20% upper circuit at Rs. 200, after the company signed a Memorandum of Understanding (MoU) with Blaer Motors Private Limited. With a market cap of Rs. 442.3 crores, the shares of UCAL Limited opened in the green at Rs. [...]
Penny stocks are quite popular with small investors because of their potential for huge gains. These stocks are priced very low and such companies have low market capitalization as well. These stocks are often illiquid, meaning they are traded in lower quantities compared to other stocks. Listed below are such penny stocks whose PE is [...]
A company's price-to-earnings (P/E) ratio is lower than the industry average may indicate undervaluation or underlying issues. Investors should investigate further to understand if the low P/E signals a buying opportunity or reflects fundamental problems affecting the company's future growth prospects. Here are the stocks held by the Vanguard Fund group with PE less than [...]
The Benchmark Indices concluded Monday's trading session positively, with the Sensex rising by 611.9 points, or 0.75 percent, ending the day at 81,698.11. Meanwhile, the Nifty 50 index increased by 187.45 points, equivalent to a gain of 0.76 percent, and closed in the green at 25,010.6. Over the previous five trading sessions, the Nifty 50 [...]
Share buyback is the practice where companies decide to purchase their own share from their existing shareholders either through a tender offer or through an open market. In such a situation, the price of concerning shares is higher than the prevailing market price. Companies buy back shares to increase shareholder value by reducing the number [...]
The shares of this microcap company surged around 15 percent in Monday’s trading session after launching Kisan Drones for agricultural innovation. In one year, the stock has delivered more than a 25 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 97.3 crores, the shares of Ram Info Ltd started Monday’s [...]
This Tata Group stock engaged in apparel, footwear, accessories, groceries, and many more reached its 52-week high after being included in the Nifty50 index. Share Price Variation In Monday's trading session, Trent Limited's share price reached a 52-week high of Rs.7,090, marking a 2 percent increase from its previous close of Rs.6,950.05. The stock has [...]
