The shares of this small-cap Fertilisers & Chemicals Limited manufacturer fell up to 4.6 percent to Rs 660.50 a share after the company announced weak Q2 results followed by a share buyback. At 12:25 p.m., Gujarat Narmada Valley Fert & Chem. Ltd shares were quoted at Rs 678.25 a share, down 2.04 percent from the [...]
The shares electrical wire and cable manufacturing company hit the upper circuit on NSE after receiving an order from Pashchimanchal Vidyut Vitran Nigam Limited (PVVNL) worth Rs. 14.11 crores. With a market capitalization of Rs. 271 crores, the shares of V-Marc India Ltd opened their Thursday trading session flat at Rs. 120. The share hit [...]
Multibagger ships and submarines manufacturer jumped 4 percent in the day's trade from its previous day close price, as it declared its Q2FY24 results and an Interim dividend of Rs. 15.34 per equity share. At 11:56 a.m the shares of Mazagon Dock Shipbuilders Limited were trading Rs. 2,033 up 2.40 percent from its previous day [...]
The shares of this microcap company hit a 5 percent upper circuit after announcing strong Q2 results. Since one year, the stock has delivered multibagger returns of 123 percent to its stakeholders. For example, if someone had invested Rs. 1 lakhs a year ago, the worth of those shares would be Rs. 2.23 lakhs now. With [...]
The share price of this small-cap company gained up to 6 percent after the company received an order for a supply of electric bikes from Adani Green Energy Ltd. With a market capitalization of Rs 8,756.6. crores, Rattanindia Enterprises Ltd, On Thursday, the company shares were trading at Rs 63.10, an increase of 5.77 percent [...]
Shares of this penny stock associated with the ‘plastic products’ zoomed 12 percent after the company announced financial results for Q2FY24, i.e., for the quarter ended September 2023. The company’s stock also hit its fresh 52-week high mark. With a market capitalization of Rs 168.27 crores, the stocks of Captain Polyplast Limited opened their trading [...]
The shares of one of the Leading drone manufacturing and solutions providers jumped 3 percent in the day’s trade following its expansion into foreign markets and securing an order for the supply of 30 units of their international standard agricultural drone, the AgriVeer. At 11:07 a.m the shares of Dronacharya Aerial Innovations Limited were trading [...]
Shares of this Pharma stock under the ‘micro-cap’ category spiked around 14% in Thursday’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 965.38 crores, the stocks of Syncom Formulation (India) Limited started their trading session on Thursday at Rs 9.40 [...]
The PEG ratio, short for Price/Earnings to Growth ratio, is a financial metric calculated by dividing a stock's Price-to-Earnings (P/E) ratio by the expected rate of the company's earnings growth over a defined time frame. A low PEG ratio could indicate that the stock is attractively priced, using the PEG ratio can be a valuable [...]
A company is said to be ‘fundamentally strong’ if it portrays a certain set of characteristics such as strong and consistent growth in revenues & net profits, lower leverage ratios, and many more. Listed below is one such fundamentally strong Private-sector Bank in which HDFC Securities sees a 30 percent upside: Federal Bank Limited With [...]