Promoters of the company reducing their stake in mid-cap stocks, can create short-term selling pressure and raise concerns about their commitment to the company's future. This may lead to a decline in stock prices. However, increased interest from institutional investors can help support the stock. Listed below are four such mid-cap stocks in which Promoters [...]
Textile stocks are shares of companies involved in the production and sale of textiles, which include fabrics, garments, and other textile products. The textile industry in India contributes about 5% to GDP and 13% to industrial production, employing millions. Key states include Maharashtra, Gujarat, Tamil Nadu, and Punjab. India is a major exporter, with significant [...]
Listed below is one of the leading infrastructure companies with strong growing financials and operations that has delivered multibagger returns of 1,792 percent to the shareholders of the company in just 4 years. Domestic benchmark equity indices, the Sensex, and the Nifty 50 ended Friday’s session in Green strengthened by Buying in PSU, Auto, and [...]
The Benchmark Indices concluded Friday's trading session positively, with the Sensex rising by 819.69 points, or nearly 1.04%, ending the day at 79,705.91. Meanwhile, the Nifty 50 index increased by about 250.5 points, equivalent to a gain of nearly 1.04%, and closed in the green at 24,367.5. Top 5 Gainers in Today’s Trade: Top 5 [...]
JP Morgan has raised its target price for a global pharmaceutical major and upgraded its rating to ‘overweight’. Meanwhile, Goldman Sachs has raised its 12-month target price for a prominent player in the Indian automobile sector. An ‘overweight’ rating on a stock from a brokerage firm suggests that the brokerage analyst expects the stock to [...]
Green Energy stock which is India’s leading wind energy service company engaged in providing full-stack solutions related to it, finally crossed the 1 Lakh Crore market capitalization mark today followed by multiple head&tailwinds Here’s how Today’s Price Action With a market capitalization of Rs. 1,03,976 Crores, the shares of Suzlon Energy Limited were trading at [...]
With a market capitalization of Rs. 467 crores, the shares of the company started Friday’s trading session on a flatter note at Rs. 60.34. During the trading session, the shares hit a high of Rs. 62.89, gaining around 4 percent and are currently trading at Rs. 61.39 apiece. What Happened: Looking at the recent financial [...]
The shares of the smallcap company jumped 9 percent after the company's net profit and revenue increased by 375 percent and 58 percent YoY, respectively in Q1FY25. With a market capitalization of Rs 3,502 crore, the shares of Apollo Micro Systems Ltd were trading at Rs 114 per share, increasing around 3.32 percent as compared [...]
The shares of this large-cap stock broke its 10 percent upper circuit of Rs 6,208.50 per share after the company’s net profit and revenue increased by 135 percent and 56 percent YoY, respectively, in Q1FY25. Trent Ltd has a market capitalization of Rs 2.20 lakh crore, the shares were trading at Rs 6,238 per share, [...]
Metal and chemical stock engaged in the business of producing and supplying lead, lead alloys, lead acid batteries, plastic additives, and many more in focus upon announcing stock split of equity shares of the company in the ratio of 1:2. Price Action With a market capitalization of Rs. 1,829.66 Crores, the shares of Pondy Oxides [...]
