Shares of this small cap company were trading marginally lower after the news came that LIC had sold 2 percent stake in the company. On 11th October 2023 shares of Shipping Corporation of India Ltd closed at Rs. 146.90, marginally down from the previous closing price of Rs. 147.05 per share. Such negative sentiment was [...]
Shares of this large-cap auto ancillary stock jumped up to 3 percent in Wednesday’s trading session after the company incorporated an indirect wholly-owned subsidiary in the United States for the purpose of holding industrial assets of the company. In the past six months, the company’s stock has gained nearly 40 percent. With a market capitalization [...]
Micro-cap stock that is into manufacturing of power infra cables hits 5% upper circuit after it bags orders worth 96 Cr from Northern Railways for supply of PVC Cables. At 10:42 a.m the shares of Dynamic Cables hit its upper circuit price of Rs. 452.65 a piece, and the market capitalization of the company is [...]
In this bank Reserve Bank of India (RBI) found supervisory concerns in the mobile banking onboarding process following that the stock declined over 3.5% on Wednesday. This stock has delivered 21% returns in six months and 59% returns in one year. Bank of Baroda The company has a market capitalisation of Rs. 1,07,305 Cr, making [...]
Shares of this solar stock gained 2.47 percent after the company approved divestment of their subsidiary to focus on core business. At 2:50, 11th October shares of Swelect Energy Systems Ltd were trading at Rs. 606.30 per share, up by 2.47 percent from the previous closing price of Rs. 591.70 per share. Such bullish stock [...]
A target price is an analyst's projection for the future price of a stock, which the analyst believes stock at a reasonable price. Based on the company's previous achievements as well as future goals and strategy. A lower price target, on the other hand, may indicate that the analyst believes the stock will fall in [...]
One of the leading paper companies in India gained 4 percent in today’s trade after it bagged multiple orders worth 340 Cr for supply of paper to textbook publishers. At 1:26 p.m the shares of Satia Industries were trading at Rs. 135.80 a piece up by 4 percent from its previous day close price and [...]
The shares of one of India’s leading companies in tiles and sanitaryware gained 18 percent to a 52-week high price of Rs 76 after the company incorporated a Joint Venture unit in Nepal. At 2:35 p.m., on the National Stock Exchange, Asian Granito India Ltd shares were trading at Rs 74.40, up 15.53 percent from [...]
Small-cap company with diversified businesses receive notice for excess mining without clearance along with a penalty of Rs. 8.42 Cr. At 1:15 p.m the shares of Birla Corporation were trading at Rs. 1,280 up by 1.76 percent from its previous day close price and the market capitalisation of the company is 9,843 Cr As per [...]
According to a CNBC TV 18 report, Brokerage company CLSA has turned overweight in India. It has increased its India portfolio allocation to 20 percent above the MSCI benchmark from a 40 percent underweight rate earlier. Here are the Eight factors that CLSA has identified to Justify the 20% Overweight Position in india Rebounding Credit [...]
