The shares of one of India’s Leading NBFC companies declined by 14.5 percent to Rs 237.35 a share after the company reported weak September quarter financial results. At 11:22 a.m., Mahindra and Mahindra Financial Services Ltd shares were trading at Rs 246.80 per share, down Rs 30.70 or 10.94 percent on the National Stock Exchange [...]
Shares of this debt-free monopoly stock jumped 5 percent after the company posted results for the quarter ended September 2023. The company’s stock has multibagger returns of 200 percent in the past three years. With a market capitalization of Rs 13,800 crores, the stocks of Central Depository Services (India) Limited started their trading session at [...]
Mid-cap Realty stock jumps 6 percent in the day’s trade after it bags contract worth Rs. 4,428 Crores from National Highway Authority of India for the project of Tolling, Operation, Maintenance and Transfer of four lane road on the largest single continuous stretch of ~316 Kms on the North-South Corridor of NH44. At 10:15 a.m [...]
SEBI hasn't officially defined microcap stocks, But they are generally considered to be stocks outside the top 500 in terms of market capitalization, typically with a market cap below Rs 1,000 crore. Investing in microcaps offers the potential for generating multibagger returns, but it also comes with elevated levels of risk. Here is the list [...]
Multibagger Stocks are those stocks that have gained over 100 percent in their stock price. These stocks are generally inexpensive and have strong fundamentals, making them excellent investing opportunities. The Goldman Sachs Group, Inc. is a leading financial organization that offers a wide range of financial services to a diverse client base of businesses, financial [...]
Leading AI and automotive solutions stock gets a ‘Buy’ tag on it from Axis Direct which is one of the leading and well known financial services firm, with an upside potential 32 percent from its previous price KPIT Technologies With a market capitalization of Rs. 31,012 Crores,On October 30, 2023 the shares of KPIT Technologies [...]
On Friday, domestic benchmark indexes closed in the green. The BSE Sensex gained 634.65 points, or 1.01%, ending the week at 63,782.80. Similarly, the NSE Nifty 50 gained 190 points, or 1.01 %, to 19,047.25. Meanwhile, here are seven stocks in which the brokerages recommend an upside of up to 47%: KPIT Technologies Ltd. KPIT [...]
The Indian government is encouraging the use of electric vehicles in the infrastructure, energy, and mobility sectors. According to Ernst & Young, India's electric car industry received $6 billion in investments in 2021 and is expected to get $20 billion by 2030. Due to its rapidly developing economy and population, India's government expects to add [...]
The PEG ratio, which stands for Price/Earnings to Growth ratio, is a financial measure determined by dividing a stock's Price-to-Earnings (P/E) ratio by the anticipated rate of the company's earnings growth within a specified period. If the PEG ratio is low, it might mean the stock is a good value. In competitive industries such as [...]
The P/E (Price to Earnings) ratio compares a company's current share price to its earnings per share (EPS), which is a generally used measure to determine a stock's value. A Company with a lower P/E ratio is often better than the market average or competitors. This indicates that investors are paying less money for every [...]
