The shares of this small-cap multibagger stock gained 8.2 percent to Rs 55.85 on Wednesday which is 52 week high after the company announced strong Q2 results. Sigachi Industries Limited reported that net revenue increased by 20% year on year from Rs 82.4 crores in Q2FY23 to Rs 99.1 crores in Q2FY24. On a quarter-on-quarter [...]
The share of this pharma company jumps 2 percent after receiving approval for marketing authorization from the Medicines and Healthcare Products Regulatory Agency in the UK. With a market capitalization of Rs. 27,295 crores, Biocon Ltd shares opened positively at Rs. 231 compared to its previous close at Rs. 227. The share hit a high [...]
Shares of this micro-cap stock associated with the ‘footwear’ industry jumped around 14 percent in Wednesday’s trading session after the company posted financial results for Q2FY24, i.e., for the quarter ended September 2023. With a market capitalization of Rs 703.01 crores, the stocks of Sreeleathers Limited started their trading session on Wednesday at Rs 272.10 [...]
The shares of one of India's leading Private Sector banks gained 6.3 percent to Rs 20.62 a share on Wednesday after the company received Rs 120 crore from the sale of the NPA portfolio. At 11:30 a.m., Yes Bank Limited shares were trading at Rs 19.95 per share, up 2.84 percent from the previous close [...]
The share of this defence product manufacturer gained up to 2.02 percent after the company’s net profit increased by 346 percent second-quarter result. Astra Microwave Product Ltd is a Small-cap with a market capitalization of Rs 5,119.91 Crore. On Wednesday, the shares were trading at Rs 539.25 a share, an increase of 0.55 percent from [...]
Investing in Indian real estate stocks presents an attractive opportunity for capital growth and dividend income. With the right approach that involves careful stock selection, a long-term perspective, and diversification investors can navigate this dynamic market successfully. These are the stocks that you can consider buying which have a potential upside of up to 30%: [...]
The global industrial complex that supports research and development, as well as the design, manufacture, delivery, and maintenance of military weapon systems and subsystems, is known as the Defense Industrial Base Sector. A valuation measure called the price/earnings to growth ratio, or "PEG ratio," evaluates the proportionate trade-off between a stock's price, its earnings generated [...]
On November 13,2023 the Nifty50 Index fell 82 points and closed at 19,443.55, considering the possibility of it being a profit booking session after it gained almost 100 points in the Samvat 2080 muhurat trading session on November 12,2023. As per the NSE data, FIIs cumulatively bought Rs. 5,991.24 crore of equities, while they sold [...]
The large-cap refineries share closed 0.6% higher on Monday, up Rs 386.50 from its previous close. Bharat Petroleum Corporation Limited (BPCL) net revenue decreased 9.1 percent year on year from Rs 1,28,332 crores in Q2FY23 to Rs 1,16,594 crores in Q2FY24. Their revenue fell by 9% from Rs 128256 crore in Q1FY24 to current levels. [...]
Morgan Stanley Capital International (MSCI) will rejig its MSCI Standard Index on November 15 and analysts are expecting a decent inflow of cash in these stocks after entering into the much-tracked index. Morgan Stanley Capital International is an investment research firm that provides stock indexes, portfolio risk and performance analytics, and governance tools to institutional [...]
