The price/earnings to growth ratio (PEG ratio) is the ratio of a stock's price-to-earnings (P/E) ratio and the growth rate of its earnings for a specified period. The same is used to determine a stock's value along with factoring in the company's expected earnings growth and is thought to provide a more complete picture than [...]
Global technology company KPIT offers software solutions. With more than 10,000 Automobelievers worldwide and expertise in digital solutions, artificial intelligence, and embedded software, KPIT helps clients deploy next-generation mobility technologies more quickly. having development centers in Thailand, India, Japan, China, Europe, and the United States. The share price of KPIT technology closed up 4.6 percent [...]
Ace investors are those who invest a large chunk of money in the stock market to make a higher return over time. Before investing their money in any of the stocks they often conduct extensive research to pick the finest stocks so that they can multiply their investment. Due to this extensive research made by [...]
With most of India's population living in rural areas, the rural sector is one of the major driving forces behind India's economy. Nearly 55% of the population relies on agriculture for their livelihood and it contributes 17% to the nation's GDP. The rural sector has been a key driver of the Indian economy. With the [...]
Asian Paint Ltd is a large-cap with a market capitalization of Rs 3,04,545.30 crore, On Friday the company shares were trading at Rs 3,175 a share, an increase of 3.3 percent from the previous close price. Petroleum-based raw materials are used extensively in the production of paint. Paint prices are inversely correlated with margins, and [...]
The board of this microcap company considered and approved to avail of a term Loan of 180 crores to set up an ethanol distillery plant. In one year, the shares have delivered a multibagger return of 140 percent to its shareholders. For example, a year ago if someone had invested Rs. 1 lakh then, the [...]
The company is a manufacturer of structural steel tubes. Electric resistance welded (ERW) steel tube production is the company's line of business. The company operates ten manufacturing facilities that produce more than 1,500 different types of hollow sections, structural ERW steel tubes, galvanized tubes, and MS black pipes for the industry. APL Apollo Tubes Ltd [...]
The share price of the NBFC company hit the 20 percent upper circuit and reached its 52-week high at Rs 3,905.15 compared to its previous close of Rs 3,257.45 after announcing the change in management and the upcoming IPO of its group company. Tata Investment Corporation, a promoter group company, holds a 0.33 percent stake [...]
The shares of this distillery company jumped 3 percent after announcing its quarterly results. In one year, the company has delivered a multibagger return of 140 percent to its shareholders. For example, if someone had invested Rs. 1 lakh a year ago, then, the worth of these shares would be Rs. 2.4 lakhs now. With [...]
A company with a ‘fundamentally strong’ nature showcases a certain set of characteristics such as consistent and improving financial performance, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock in which Foreign Institutional Investors (FIIs) hold a considerable stake: Chennai Petroleum Corporation Limited With a market capitalization of Rs 9,355.36 [...]
