Return on Capital Employed (ROCE) is a profitability measure that indicates a company's ability to effectively utilize its capital, which includes both debt and equity. ROCE is calculated by dividing earnings before interest and taxes (EBIT) by the amount of capital employed. Capital employed in a ROCE calculation refers to the total assets of the [...]
This Penny stock rose 5% to hit its upper circuit on Tuesday within the first hour of markets opening after announcing that it has received an open offer from multiple acquirers. The company has a market cap of Rs. 127 crore and is 22% away from its 52 week high, locked in at Rs. 38.11 [...]
On Tuesday this bank stock rose more than 13% after announcing business updates. The stock closed 4.9% away from the 52-week high and above the 50-day and 200-day moving averages. The stock price is being supported by strong and rising volume, which is higher than the prior day and week averages. Dhanlaxmi Bank Limited Dhanlaxmi [...]
This small-cap company that offers its products and services in the household and personal products sector was up by 2 percent after the news came out that its promoters have plans of offloading their stake in the company. At 2:45 p.m the shares of VIP Industries were trading at Rs. 670 up by 2 percent [...]
This Microcap stock rose 3.4% on Tuesday within the first hour of markets opening after bagging an order from Hinduja Renewable Energy. The company has a market cap of Rs. 392 crore and is 12% away from its 52 week high, trading at Rs. 181.60 versus Rs. 176.70 at closing on Friday. The stock saw [...]
This small-cap stock was up by 6 percent after the company along with its subsidiaries bagged orders worth 1,016 crores. At 9:30 a.m the shares of the company were trading at Rs 670 up by 6 percent from its previous day close price, and the market capitalization of the company is 10,550 Cr. As per the [...]
The shares of this micro-cap company was up by 7 percent after it bagged orders worth 27.70 Cr for ground-mounted solar power project. At the day’s closing the shares of Bhageria Industries were trading at Rs. 163 up by 7 percent from its previous day closing and the market capitalization of the company is 713 [...]
The shares of the leading maker of Open Type Ammonia Refrigeration Compressors rose 3 percent to Rs 681.60 after Ambit Capital suggested a 'buy' recommendation with a 38 percent upside potential based on Friday's closing price of Rs 660.50. On Tuesday, Kirloskar Pneumatic Company Ltd shares were trading at Rs 617.40, up Rs 10.90 or [...]
On Tuesday this small-cap stock jumps more than 3.5% after announcing a business updates. The stock has delivered 11% returns in one month and 30% returns in six months. Currently, the stock is trading 10.5% above the 50-day moving average and 10% above the 200-day moving average. Cantabil Retail India Limited Cantabil Retail India Limited [...]
This construction company’s stock rose 3.51 percent after the company received 3 orders worth Rs. 4205 crore in the month of September 2023. At 3.10, 3rd October shares of NCC Ltd were trading at Rs. 160.5 per share, up by 3.51 percent from previous closing price of Rs. 155.05 per share. Such bullish stock price [...]
