The shares of one of India’s largest Mutual Fund providers gained 5.6 percent to a 52-week high price of Rs 2,910 a share after the company reported strong September quarter financial results. At 12:20 p.m., HDFC Asset Management Company Ltd shares were trading at Rs 2,893.05 per share, up Rs 137.80 or 4.93 percent on [...]
On Friday 13 October UBS downgraded state bank of India for the first time and cut the target price significantly from Rs. 740 to Rs. 530, Moreover, UBS also downgraded Axis banks' rating to “neutral”. After this news shares of state bank of India and axis bank have corrected up to 2.34 percent, currently shares [...]
The shares of the leading manufacturer and supplier of Mining and Construction Equipment rose up to 6.5 percent to an all-time high price of Rs 1,325.05 per share after the company received an order to supply coal Mining equipment. At 1:05 p.m., Eimco Elecon (India) Ltd shares were trading at Rs 1,323.70 per share, up [...]
This S&P BSE IPO index small cap stock jumped 13% within the first half hour of markets opening on Friday after it signed a USD 20 million or Rs. 167 crore deal with Visa Worldwide Pte. Limited. The stock currently trades at Rs. 240.30 versus Rs. 216.20 at previous close. The company has a market [...]
On Friday this small-cap company stock hit 20% upper circuit following the announcement of capacity expansion. The stock is trading 5.6% away from the 52-week high and above the 50-day and 200-day moving averages. Integra Engineering India Ltd The company has a market capitalisation of Rs. 926 Cr, making it a small-cap company. On Friday [...]
The shares of India’s largest garments exporter gained a 4 percent to 52-week high price of Rs 884 a share after Narayana Murthy’s Catamaran Venture Capital bought a 1.12 percent stake in the company. At 11:11 a.m., Gokaldas Exports Ltd shares were trading at Rs 864.60 on the National Stock Exchange, up 1.69 percent from [...]
HCL reported 14% QoQ and 8% YoY Revenue growth at Rs. 26,672 crore and a constant currency revenue growth of 10% QoQ and 3.4% YoY. The company reported USD revenue at 3,225 million, up 0.8% QoQ and 4.6% YoY. HCL services’ revenue is up 1.6% QoQ, 3.4% YoY. The company’s clients are worth more than [...]
On Friday this small-cap stock jumps up to 1.3% after the company entered into an MOU with EMCOR Power Solutions. This stock has delivered 167% & 300% returns in six months and one year respectively, making an investment of 1 lakh six months ago now would be worth Rs. 2.67 lakhs and making the same [...]
Shares of this microcap trading company rose by 1.92 percent after the company got an order from the Ministry of Electronics and Information Technology. At 10:30, 13th October shares of SBC Exports Ltd were trading at Rs. 26.55 per share, up by 1.92 percent from previous closing price of Rs. 26.05. Such bullish stock price [...]
Fundamentally Solid Companies run successful enterprises. Companies function successfully even amid market downturns. While most stocks suffer during a stock market downturn, Fundamentally Strong Stocks hold their ground. The price-to-book value ratio measures a company's market to its book value. Some value investors and financial analysts regard any ratio less than 3.0 to be a [...]
