The price-to-earnings (P/E) ratio measures a company's share price relative to its earnings per share. A high P/E ratio may suggest that a stock is overvalued, with investors paying more for each unit of earnings growth. Conversely, a lower P/E ratio compared to market averages or industry peers is generally considered advantageous, as it indicates [...]
The benchmark indexes Nifty and Sensex fell for the third day in a row as investors were concerned about poor global signals and recession worries. In Tuesday’s trading session, Indian benchmark indices closed with slight losses in a highly volatile session. Nifty fell below 24,000. At the close of trade, the Sensex fell 166.33 points [...]
There have been ongoing protests in Bangladesh, particularly concerning political and economic issues, with a focus on demands for better governance, economic conditions, workers' rights, and many more. Following the ongoing protests and distress in Bangladesh, Sheikh Hasina the PM of Bangladesh dissolved the Parliament by resigning from her post and fled the country following [...]
Today, Tuesday, August 6, Indian benchmark indices closed with slight losses in a highly volatile session. Nifty fell below 24,000. At the close of trade, the Sensex fell 166.33 points or 0.21 percent to 78,593.07. Nifty was seen falling 63.05 points or 0.26 percent at 23,992.55. Here are the stocks that jumped 7% after Smallcap [...]
The shares of this Pharma company surged more than 6 percent to Rs.611.75 after the government granted a 20-year patent to combat fungal diseases that affect crop yields. Price Movement The share price of Best Agrolife Ltd. on Tuesday surged by 6.4 percent to an intra-day high of Rs.611.75 per share from its previous close [...]
Bangladesh, the world’s second-largest exporter of garments, exported ~$47 billion worth of ready-made garments in 2023. The country holds a substantial market share in the European Union (EU) and the United Kingdom (UK), with a 10 percent market share in the United States (US). However, as the crisis in Bangladesh deepens, its key textile sector—which [...]
EV stock engaged in designing, manufacturing, and servicing DC Power systems and Li-ion-based energy storage solutions in focus upon declaring its Q1FY25 results with an 89 percent jump in Net Profits. Price Action With a market capitalization of Rs. 4,849 Crores, the shares of Exicom Tele-systems Limited hit a 5 percent lower circuit at Rs. [...]
The shares of this smallcap stock jumped 15 percent after the company’s revenue increased by 16 percent and net loss turned into profit in Q1FY25. With a market capitalization of Rs 6,853.68 crore, the shares of V-Mart Retail Ltd were trading at Rs 3,456.55 per share, increasing around 6 percent as compared to the previous [...]
Alcohol stock held by Ace Investor Dolly Khanna engaged in the business of brewing, fermentation, bottling, canning, and blending of beer and Indian Made Foreign Liquor, in focus after it reports a 103 percent jump in Net Profits Price Action With a market capitalization of Rs. 2,177 Crores, the shares of Som Distilleries & Breweries [...]
The shares of this midcap company surged around 9 percent in Tuesday’s trading session after reporting an increase in net profit by 1,378 percent QoQ. On a YTD basis, the stock has delivered around 100 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 19,220 crores, the shares of Schneider Electric [...]