In Monday's trading session, shares of an engineering company focused on the defence industry moved up by 10 percent on BSE to hit an intraday high at Rs. 888.6, after the company bagged an order from Garden Reach Shipbuilders & Engineers Limited totalling about Rs. 266.94 crores. At 10:32 a.m., the shares of CFF Fluid [...]
On Monday's early trade, shares of this NBFC firm, which provides financial assistance for renewable energy (RE) projects, surged 6% to ₹202 per share after the company reported a 382% year-on-year growth in loan sanctions. At 10:50 a.m., on Monday’s trade, Indian Renewable Energy Development Agency Ltd (IREDA) shares were trading at ₹197.20 per share, [...]
Shares of this large-cap company jumped around 1 percent in Monday’s trading session after receiving an order worth Rs. 3,172 crores to upgrade BMP tanks. The shares have delivered a multibagger return of 148 percent to its shareholders in one year. Price Movement: With a market capitalization of Rs. 2,25,799 crores, the shares of Bharat [...]
Shares of this large-cap mining company surged by 1.4 percent after it gained traction this week to reach an intraday high of Rs 249.65 per share on Monday, following a bullish recommendation from ICICI Direct with an upside potential of 30 percent. Incorporated in the year 1958, NMDC is engaged in the exploration and production [...]
In June 2024, the Indian stock market saw tremendous volatility, owing mostly to the results of the general elections. The ruling NDA's triumph with a slimmer than expected majority frightened markets, causing key indexes to fall sharply. The Nifty fell by 5.93 percent and the Sensex by 5.74 percent, marking its worst performance since early [...]
July 2024 holds significant importance for the Indian stock market, as it gears up for pivotal events such as the Union Budget, the progression of the monsoon, and the onset of the Q1 FY24-25 earnings season. Here's a look at the key events expected in the first week of July that investors will closely monitor [...]
Jefferies Group stands as a prominent player in the realm of comprehensive investment banking and capital markets services. Offering a spectrum of offerings including capital markets facilitation, financial advisory services, institutional brokerage, securities research, and asset management, the firm caters to diverse client needs. The upcoming union budget for the fiscal year 2024-25, set to [...]
On Friday, the Sensex and Nifty extended their rally for the fifth consecutive day, reaching new 52-week highs supported by widespread buying in various sectors and leading stocks. However, by the close of trading, both benchmark equity indices ended the session in negative territory. The NSE Nifty 50 closed 33.90 points or 0.14 percent lower [...]
The defence industry in India is a significant contributor to the nation's economy and stock market. The Indian government has been increasing defence spending, potentially leading to increased demand for defence products and services, benefiting defence companies. Moreover, the Indian government initiatives like "Make in India" have promoted indigenous defence manufacturing and reduced reliance on [...]
Ace investors are renowned individuals who have achieved significant success in the stock market through their investment strategies and portfolios. The decisions and portfolio moves of these ace investors can significantly influence stock prices and market sentiment. Listed below are some of the Ace Investor Stocks with Net Profit Margins of upto 85 percent Zuari [...]
