Micro-cap stock engaged in providing logistics services hit the 5 percent upper price band reaching Rs.40 per share, following a 140 percent increase in revenues year-on-year. Price Movement In Wednesday's trading session, the share price of Tiger Logistics Ltd reached a 5 percent upper circuit limit of Rs.40 per share, from its previous closing price [...]
Tata Group stock engaged in manufacturing and supplying sheet metal stampings, welded assemblies, Battery tray assemblies, and modules for the automotive industry slumps 7 percent in the day’s trade upon reporting weak Q1FY25 results with a 48 percent decline in Net Profits. Price Action With a market capitalization of Rs. 1,416 Crores, the shares of [...]
IT stock engaged in IT training hits 20 percent upper circuit to Rs.71.14 after reporting a 590 percent increase in its net profits on a quarterly basis. Share Price Variation In Wednesday’s trading session, the share price of Jetking Infotrain Ltd hit an upper price band of 20 percent reaching Rs.71.14 per share, from its [...]
Pharma stock engaged in dealing, marketing, and manufacturing rubber contraceptives and allied prophylactic products hit a 5 percent upper circuit upon declaring robust results with a 284 percent jump in Net Profits. Price Action With a market capitalization of Rs. 2,575 Crores, the shares of Cupid Limited hit a 5 percent upper circuit at Rs. [...]
The shares of this PSU stock in the power sector gained nearly 6% after the company announced robust Q1 results, followed by a brokerage's strong projection of a 27% upside. On Wednesday, Power Finance Corporation Ltd. shares were trading at ₹488.80 per share, up 2.86 percent on the National Stock Exchange. The company has a [...]
The share of the market leader in wind turbine manufacturers gained up to 5 percent after the company announced the acquisition of a 76% stake in Renom Energy Services worth Rs 660 crore. With a market capitalization of Rs 93,559.50 crore, the shares of Suzlon Energy Ltd were trading at Rs 68.52 per share, increasing [...]
In Wednesday’s trading session, the shares of one of India’s leading Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs) hit a 20% lower circuit at Rs. 346.8 on BSE, after reporting Rs. 36 crore net loss in Q1 FY24-25 as compared to Rs. 120.5 crore profit a year ago. With a market capitalisation of Rs. 3,503.5 crore, the [...]
A strong order book is crucial for an infrastructure company as it serves as a key indicator of future revenue and operational stability. It provides visibility into upcoming projects, allowing the company to plan resources and manage cash flow effectively. A healthy order backlog enhances investor confidence, demonstrating the company's ability to secure contracts and [...]
The Indian textile industry is a crucial sector of the country's economy, contributing significantly to exports, employment, and overall economic growth. Recently, the Indian government has announced a capital expenditure (capex) of Rs 10,000 crore under the production-linked incentive (PLI) scheme to boost the domestic garment manufacturing and exports sector. The scheme is expected to [...]
The electric vehicle (EV) market in India is rapidly evolving, driven by increasing environmental awareness and supportive government policies aimed at achieving a significant penetration of EVs by 2030. The Indian EV market presents a promising investment opportunity, with various stocks showing significant growth potential. Listed below is one such EV stock in which FIIs [...]
