Since March 2023, the benchmark indices observed a continuous rally in prices, but, since the mid of September 2023, the indices started to see corrections and, as of Thursday, the Nifty 50 index stands at Rs 19,523.55 and the Sensex closing at Rs 65,508.32. Listed below are 3 financially sound companies that have seen corrections [...]
The shares of this debt free company which is India's oldest music label was up by 4 percent after the company made an announcement regarding a strategic acquisition. At the day’s closing the shares of Saregama India were trading at Rs 368.20 which was up by 4.41 percent from its previous day close price and [...]
Asian Paints is India's largest paint manufacturer and was founded in 1942. Additionally, it makes surface preparation, organic composite solvents, thinners, and varnishes, enamels, or lacquers. The company operates in 15 countries, has 26 paint manufacturing facilities worldwide, and serves clients in more than 60 countries. It offers its goods for sale under a variety [...]
Shares of this consumer food stock under the ‘mid-cap’ category fell more than 2 percent after the Promoters of the company pledged 2.20 million shares. In the last six months, the company’s shares have gained more than 25 percent. With a market capitalization of Rs 35,704.22 crores, the stocks of Jubilant Foodworks Limited closed at [...]
Multi commodity exchange or MCX India’s first listed exchange, provides a marketplace for commodity derivatives trading, enabling price discovery and risk management. In addition, Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), a wholly owned subsidiary of MCX, provides an efficient platform for clearing and settlement of all the trades executed on MCX. The shares of [...]
This stock is included in the S&P BSE Smallcap index with a market cap of Rs. 1,273 crore. The stock price is at Rs. 1031.10, versus Rs. 1,005.15 at closing on Wednesday. The stock is 11% away from its 52 week high, currently trading 4% and 60% above its 20 day and 200 day moving [...]
Shares of this mid-cap IT stock saw some bullish movements in Thursday's trading session after the company made an additional investment in its wholly-owned step-down subsidiary. In the past six months, the company’s stock has gained over 25 percent. With a market capitalization of Rs 31,175.63 crores, the stocks of KPIT Technologies Limited opened their [...]
On Thursday, 28th september shares of an engineering company gained 4.6 percent after the company announced that they received an order from tata group for manufacturing 500 Tata ace cargo Evs. Shares of Gensol engineering were trading at Rs. 2078 per share at 12:25 pm 28th september up by 4.6 percent from previous closing price. [...]
This real-estate company which has a rich legacy of over 5 decades in the construction industry in India and abroad in diverse areas of infrastructure development has bagged large orders worth 832.40 Cr from Max Super Specialty Hospital. At 12:20 p.m the shares of Ahluwalia Contracts (India) were trading at Rs 720 and with a [...]
Shares of this large-cap multiline insurance stock dipped up to 3 percent in Thursday’s trading session after the company received a showcause notice for non-payment of tax worth Rs 1,728.86 crores. Keeping the negative movements aside, the company’s stock has gained more than 20 percent in the past six months. With a market capitalization of [...]