The shares of the electricity generation company jumped around 1 percent after receiving a Letter of Award (LOA) for the development of a 200 MW Firm and Dispatchable Renewable Energy Project with SJVN Limited. With a market capitalization of Rs. 87,137 crores, the shares of Tata Power Company Ltd started Wednesday’s trading session positively at [...]
Domestic institutional investors (DIIs) are generally referred to as Institutions/Groups of investors who choose to invest in securities as well as financial assets within the residing country. The investment decisions of DIIs are impacted by both, economic and political trends. Listed below are three multibagger stocks under the ‘mid-cap’ category wherein the DIIs hold more [...]
Radhakishan Shivkishan Damani is an Indian billionaire investor publicly holding a sum of 14 stocks with a net worth of over Rs. 1.74 lakh crores. Listed below is one stock in RK Damani’s portfolio that is trading at a discount of more than 35 percent from 52-week high: Aptech Limited With a market capitalization of [...]
Foreign Institutional Investors (FIIs) are those who actively participate in the financial markets of countries other than their own.FIIs aggregate money from various investors and other entities and then invest it in different financial assets. Whenever foreign investors like Goldman Sachs, Morgan Stanley, HSBC, and others buy or sell the shares of Indian companies, their [...]
Oil prices rose in Tuesday's trade, snapping a multi-session losing streak ahead of a crucial meeting of OPEC+. The rise was attributed to expectations of deeper and longer oil production cuts by OPEC+. Global benchmark Brent crude lower 91 cents, or 1.1%, at $79.67 a barrel by 12:17 GMT. US West Texas Intermediate (WTI) crude [...]
Famous Indian ethnic apparel brand which has a 5 percent market share with 54 stores all over south India gets a ‘Buy’ tag on it from HDFC Securities which is one of the leading and well-known investment banks, with an upside potential of 29 percent from its previous close price. Sai Silks (Kalamandir) Sai Silks [...]
The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL. With a market capitalization of Rs 15,960.96 Crores. Multi Commodity Exchange of India Ltd, On Tuesday, The shares closed at Rs 3,219.70 a share, an increase of 6.85 percent [...]
The shares of one of the leading textile manufacturers gained 3.5 percent to Rs 146.85 per share on Tuesday following the release of pledge shares held by the promoter. On Tuesday, Mafatlal Industries Ltd shares closed at Rs 143 per share, up 0.80 percent from the previous close price. The company has a market capitalization [...]
The small-cap stock rose 3.3 percent to an intraday high of Rs 264 from its previous close on Tuesday after the company announced a 3 crore equity share acquisition. According to the Black Box filing, Equinox Realty Holdings Limited has acquired 3 crore equity shares, or 18.36 percent of total shares, each of Black Box [...]
The shares of this large-cap company hit a 20 percent upper circuit after the company launched the Green Hydrogen Blending Pilot Project at Ahmedabad. With a market capitalization of Rs 70,844.27 Crores. Adani Total Gas Ltd, On Tuesday, The shares were trading at Rs 644.15 a share, an increase of 20 percent from the previous [...]
