There are many methods and metrics used to determine if a company is undervalued, overvalued or fairly valued. One such method among multiplier models is the use of P/E. The P/E of the company is compared to that of its industry comprising itself and its peers. If The company P/E is less than the industry [...]
The shares of India's third-largest motorbike maker gained traction last week after DAM Capital Advisors gave a 'buy' recommendation with a 90 percent upside from today's (Monday's) price of Rs 1,606 a share. Since DAM Capital issued a buy recommendation on Tuesday's (October 10) closing price of Rs 1,528, the stock has gained around 4.91 [...]
Shares of this microcap electrical company gained almost 1 percent after the company announced they have secured an order worth 11.27 crores for supplying electrical equipment. At 10:37 16th October, shares of Jyoti Ltd. were trading at Rs. 59 per share, up by 0.94 percent from previous closing price of Rs. 58.45 per share. Such [...]
When it comes to investing in the stock market, some stocks are like sturdy foundations for your wealth. We call them "fundamentally strong stocks." These aren't just any stocks; they're the ones with solid financial health and a good chance of growing over time. Here are the 3 fundamentally strong stocks under Rs. 300. India [...]
Indices ended marginally down on the last week day, Sensex opened at 66,034.21 creating day high of 66,478.90 and closed 0.2 percent lower at 66,282.74. On the other hand Nifty 50 opened at 19,654.55 creating day high of 19,805.40 and closed 0.22 percent lower at 19,751.05. Companies have started declaring results of Q2FY24, Result days [...]
On Friday, domestic benchmark indexes closed in the red. The BSE Sensex declined 125.65 points, or 0.19 %, ending the week at 66,282.74. Similarly, the NSE Nifty 50 declined 42.95 points, or 0.22%, ending the week at 19,751.05. Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 45%: Stylam [...]
The Ministry of New and Renewable Energy (MNRE) set a target to achieve 500 GW of installed renewable energy capacity by 2030, which is expected to create a growth opportunity for the market in the future and the Indian renewable energy market is expected to register a CAGR of more than 10%. Green Energy Stocks [...]
The Pharma industry is considered to be one of the best industries to invest in because it is recession proof and offers stability with long term growth potential. Investing in pharma stocks for a longer horizon can benefit a lot due to constant demand for pharma products. Here are 3 small cap pharma companies which [...]
This small-cap stock jumps up to 7% after the company received Navratna status and announced the dividend. The stock has delivered 105% returns in three years, therefore making an investment of 1 lakh three years ago now would be worth Rs. 2.05 lakhs. On Froday the stock closed 16.8% below the 52-week high and above [...]
The Indian banking sector is poised to become the world's third-largest in terms of assets over the next 14 years, according to a report by The Boston Consultancy Group (BCG). The domestic banking industry is set to see exponential growth in the coming years, with its assets poised to touch $28,500 billion by 2025, compared [...]
