The ratio of a company's net income to the equity held by its shareholders is known as return on equity, or ROE. ROE is a measure of a company's profitability and the efficiency with which it makes money. An organization's ability to turn equity financing into profits increases with its return on equity (ROE). Here [...]
The company, a leading provider of Information Management Solutions, shares closed on November 24, 2023, at Rs 351 per share, up 0.83 percent from the previous close price of Rs 347.90, the company has a market capitalization of Rs 3,507 crores. According to National Stock Exchange data, the shares of Saksoft Ltd has delivered multibagger [...]
The Leading small-cap closed up 0.07 percent of Rs 756 from its previous close of Rs 755.45 after the company announced for memorandum of understanding with the government of Goa. Zen Technologies Limited declared that it would be expanding its business by building a brand-new, cutting-edge manufacturing and research and development (R&D) facility in Goa, [...]
Penny Stock which provides a wide range of products and services related to agrochemicals, gained marginally in the day’s trade after it received an order worth Rs. 1 Crore from 5 different clients. In the day’s trade on November 24, 2023, the shares of Aristo Bio-Tech and Lifescience Limited closed at Rs. 75.90, down 0.13 [...]
Micro-cap infra stock that provides Engineering, procurement, and construction (EPC) services hit a 10 percent upper circuit in the day’s trade after it received an endorsement project Worth Rs. 1,129.81 Crores. In the day’s trade, the shares of Hazoor Multiprojects Limited hit 10 percent upper circuit at Rs. 151.70 and its market capitalization is Rs. [...]
The shares of this textile industry jumped around 3 percent after the board recommended the issuance of bonus equity shares in the ratio of 1:3. With a market capitalization of Rs. 557 crores, the shares of Axita Cotton Ltd started Friday’s trading session positively at Rs. 30.05 compared to its previous close at Rs. 29.25. [...]
Multibagger Stock which is the largest exporter of conductors in India, has launched a Qualified Institutional Placement (QIP) of upto Rs. 1,000 Crores for raising funds for the company. At 1:08 p.m. the shares of Apar Industries Limited were trading at Rs. 5,590, down 1.63 percent from the previous day's close price of Rs. 5,682.65, [...]
The shares of this small-cap company gained up to 3.09 percent after the company’s board approved an investment of up to Rs. 3.5 crores through Compulsorily Convertible Debentures. With a market capitalization of Rs 6,504.05 Crores. SIS Ltd, On Friday, The shares were trading at Rs 450.75 a share, an increase of 3.09 percent from [...]
The large-cap insurance company increased 9.2 percent to Rs 674.65 in intraday trading on Friday from its previous close after the company chairman announced the launching of new products. Life Insurance Corporation (LIC) plans to introduce three to four new products in the coming months, aiming for a double-digit increase in new business premiums during [...]
The shares of the pharmaceutical company jumped 6 percent after it received an Establishment Inspection Report (EIR) from the US FDA regarding a closure of the inspection. With a market capitalization of Rs. 28,315 crores, the shares of Gland Pharma Ltd started Friday’s trading session on a higher note at Rs. 1,714 compared to its [...]
