Return on capital employed (ROCE) is one of the most important metrics used by investors; it indicates how efficiently a company is managing capital. Generally, ROCE above 15 percent is considered to be good. However, the biggest challenge for companies is to consistently maintain ROCE for years. Along with ROCE, debt on the company also [...]
This S&P BSE Smallcap Stock rose 3.7% within the first hour of markets opening after reporting that it signed an MoU with a China Based Firm. The company has a market cap of Rs. 4,110 crore and is 4% away from its 52 week high, trading at Rs. 337.25 versus Rs. 328.05 at previous close. [...]
Multibagger auto ancillary stock gains 2 percent after the company’s board announces its decision to increase its authorised capital and considers to raise funds of not more than 200 Crores by way of further public offering (FPO). At 3:20 the shares of Pavna industries were trading at Rs. 439.55 a piece up by 1.42 percent [...]
On 21st September 2023, this stock was listed in both BSE and NSE at Rs. 282 with a premium of 33% over the IPO issue price of Rs. 211. Since the listing, the stock has given 21% returns. On Thursday the stock gains more than 3.5% after the company received an order worth Rs. 270.82 [...]
This large-cap pharma stock jumps more than 2.5% after its subsidiary signed a Letter of Intent (LOI). This stock has delivered 61% returns in six months and 110% returns in YTD and the stock closed 1.6% away from the 52-week high. Aurobindo Pharma Ltd The company has a market capitalisation of Rs. 53,868 Cr, making [...]
Shares of this small cap pharmaceutical company gained 2.84 percent after the company received approval for manufacture and sale of Oral Mucositis Spray. Shares of Shilpa Medicare Ltd closed at Rs. 347.05 per share, up by 2.84 percent from previous closing price of Rs. 337.35 per share. Such bullish stock price movements were observed after [...]
This S&P BSE Smallcap Stock rose 2.4% within the first hour of markets opening after reporting that it announced a strategic acquisition.. The company has a market cap of Rs. 3,384 crore and is 6% away from its 52 week high, trading at Rs.1404.00 versus Rs. 1391.25 at previous close. The stock is seeing volumes [...]
The shares of India's largest carbon black maker rose 7.5 percent to a 52-week high of Rs 211.50 per share after the company received two patents on carbon black. At 3:20 p.m., PCBL Ltd shares were trading at Rs 204.20 per share, up Rs 7.30 or 3.71 percent on the National Stock Exchange from the [...]
Shares of Leading Renewable Energy Solution Provider surged 5 percent to Rs 600.25 per share after the company received a 23.1 MW wind-solar hybrid power project deal from an Aditya Birla Group company. At 2:40 p.m., K. P Energy shares were trading at Rs 592.20 on the Bombay Stock Exchange, up 3.59 percent from the [...]
The shares of this Micro-cap company which is one of India’s largest manufacturers of transformer core lamination hit 5 percent upper circuit after the announcement of Q2 business update. At 10:17 a.m the shares of Amba Enterprises were trading at Rs. 88.18 a piece after it hit upper circuit in the day's trade and the [...]
