A company is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics, viz, strong and consistent financials, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock in which HDFC Securities see a potential upside of 25 percent: Stylam Industries Limited With a market capitalization of Rs [...]
Multibagger stocks are very appealing to investors because they have the potential to multiply your initial investment several times. When identifying possible multi-bagger stocks, factors such as industry strength, debt levels, revenue multiples, PE ratios, and management quality are important considerations. Here are the three Ashish Kacholia stocks that gave multi-bagger returns in a year. [...]
Micro-cap stock is India’s second-largest processor and exporter of processed fruit and vegetable products, jumped marginally in the day’s trade after the launch of its new joint venture, which is going to manufacture a product, that is mostly(95%) imported in India. At 3:15 p.m. the shares of Foods & Inns Limited were trading at Rs. [...]
The Relative Strength Index (RSI) is a momentum indicator that used is in technical analysis. RSI measures the speed and change of a security's recent price to evaluate overvalued or undervalued conditions in the price of that security. The RSI oscillates between zero and 100. Traditionally the RSI is considered ‘oversold’ when below 30 and [...]
TATA Group is one of India's largest conglomerates, comprising 30 companies across ten verticals. The group operates in over 100 countries across six continents. Tata Sons is the principal investment holding company and promoter of Tata companies. The group imprints are found in a wide range of sectors. As of July 31, 2023, there are [...]
The large-cap pharma company's share declined to 7.1 percent Rs 1,175.75 per share from its intraday low on Thursday after the Company announced the warning letter from the US Food and Drug Administration(USFDA). According to Cipla filing, the US FDA conducted a current good manufacturing practices (cGMP) inspection at Cipla's Pithampur manufacturing facility from February [...]
Micro-cap stock jumped 12 percent in the day’s trade after it announced a partnership with OutSystems which claims to be the most powerful low-code system on the planet, to bring a high-performance low-code platform to enterprises in India. At 2:30 p.m. the shares of Cambridge Technology Enterprises Limited were trading at Rs. 73.50, up 8.97 [...]
Multibagger stock hit 2 percent upper circuit in the day’s trade after it announced new joint venture with PT Tubular Services Indonesian to expand its operations and introduce new products into the market. In the day’s trade the shares of Trishakti Industries Limited hit 2 percent upper circuit at Rs. 116.45 and its market capitalization [...]
The shares of this aircraft manufacturer gained up to 2.16 percent after the company received the tender of Rs 10,000 crores from the Central Government. With a market capitalization of Rs 1,43,820.06 crore. Hindustan Aeronautics Ltd, On Thursday, The shares were trading at Rs 2,150.50 a share, an increase of 1.80 percent from the previous [...]
The small-cap stock company's share rose by 2% Rs 85.84 per share from its intraday high on Thursday after the Company announced it acquired an infrastructure company. Elpro International Limited has acquired 2,40,685 equity shares in JSW Infrastructure for Rs 5 crores. The target entity is Port & Port Services, and the reason for the [...]
