Shares of this multibagger brewery stock under the ‘small-cap’ category fell up to 5.50 percent in Monday’s early trades after the company canceled the QIP plans due to a lack of bids received by the company. With a market capitalization of Rs 2,828.75 crores, the stocks of Som Distilleries & Breweries Limited started their trading [...]
On Monday this small-cap stock gains up to 16% after the company entered into an MoU with the Telangana Government. The stock is trading 9% away from the 52-week high and above both the 50-day and 200-day moving averages. Kaynes Technology India Ltd The company has a market capitalisation of Rs. 15,518 Cr, making it [...]
This Multibagger Navratna Railway company bagged orders from Maharashtra Metro Rail Corporation Limited (MMRCL) for 394 Cr. At 10:00 a,m the shares of Rail Vikas Nigam Limited were trading at Rs. 164 down by 3 percent from its previous day close price and the market capitalization of the company is 34,173 Cr. As per the [...]
On Monday’s early trade, the shares of India’s largest manufacturer of industrial explosives rose up to 3.5 percent to Rs 5,320.40 per share after the company received an order for Rs 1,853 crore from Coal India Limited. At 10:35 a.m., Solar Industries India Ltd shares were trading at Rs 5,201.15, up Rs 56.85 or 1.09 [...]
Shares of the leading adhesives manufacturer marginally gained from its previous close price after the company board announced stock split. At 10:15 a.m the shares of HP Adhesives Ltd were trading at Rs. 481, up 3 percent from its previous day close price and the market capitalization of the company is 883 Cr. As, per [...]
On Friday, the Nifty 50 closed at 19,653.50, up 108 points, or 0.55%, and the Sensex closed at 65,995.63, up 364 points, or 0.55%. The companies' quarterly and annual financial results announcements are highly anticipated events. Several companies will post their results next week for the second quarter of the Financial year 2024. Here are [...]
On Friday, domestic benchmark indexes closed in the green. The BSE Sensex gained 364.06 points, or 0.55%, ending the week at 65,995.63. Similarly, the NSE Nifty 50 gained 107.75 points, or 0.55%, to 19,653.50. Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 46%: Navin Fluorine International Limited Navin [...]
A company’s stock is said to be ‘fundamentally strong’ when it showcases some specific set of characteristics such as strong & consistent financials, low leverage ratios, and many more. Listed below is one such fundamentally strong Penny stock with high profitability ratios and attractive valuations to add to your watchlist: DRC Systems India Limited With [...]
The Indian renewable energy sector is expected to increase at a CAGR of more than 10% between 2023 and 2028. In the long run, the Renewable energy sector is likely to be pushed by factors such as supportive government legislation, increased environmental consciousness, subsidies, and tax benefits for installing solar panels. The Ministry of New [...]
Companies with a Monopoly status have to cater to a wide range of customer base, and, in such a scenario, being debt-free is a very positive signal portraying the efficiency of the company’s operations. Listed below are three Monopoly stocks with low debt that one should add to their watchlist: C. E. Info Systems Limited [...]