On Wednesday, the largest mining ore company's shares fell 6 percent to a 52-week low of Rs 210 per share after Moody's Investor Service downgraded the company's rating from Caa1 to Caa2. At 12:48 p.m., Vedanta Ltd shares were trading at Rs 210.80 a share, a decline of Rs 13.25 or 5.92 percent on the [...]
Shares of this engineering stock under the ‘small-cap’ category rose around 11 percent in Wednesday's trading session after DSP Mutual Fund bought 24 lakh shares from the Promoters of the company. With a market capitalization of Rs 3,666 crores, the stocks of HLE Glascoat Limited started their trading session on Wednesday at Rs 553 and [...]
The shares of this PSU defence stock opened marginally lower today by 0.5 percent, the board has approved stock split in proportion of 1:2. Shares of Hindustan Aeronautics Ltd have delivered returns of 46.61 percent in the last 6 months and 68.88 percent in a year. At 11:00 shares of Hindustan aeronautics Ltd were trading [...]
This S&P BSE Smallcap Stock jumped 2% in the last hour after the company announced Rs. 300 crore in Sales made in just 3 days. This stock has a market cap of Rs. 1,618 crore and is trading at Rs. 357.00 versus Rs. 354.45 at closing on Tuesday. The stock trades 14.9% away from its [...]
The shares of the leading manufacturer of commercial vehicles gained traction this week after Jefferies raised its 'buy' recommendation to an upside of 20 percent based on Wednesday’s trading price of Rs 3,450. At 10:52 a.m., on the National Stock Exchange, Eicher Motors Ltd shares were trading at Rs 3,450, down Rs 21.45 or 0.62 [...]
A company is said to be ‘fundamentally strong’ when it portrays a certain set of characteristics such as strong and consistent financial performance, lower leverage ratios, etc. Listed below is one such fundamentally strong stock under Rs 300 that one should add to their watchlist: HBL Power Systems Limited With a market capitalization of Rs [...]
This S&P BSE Smallcap stock has risen over 2.7% today after it announced the inauguration of a new facility at Nashik. The stock has a market cap of Rs. 3,966 crore and was listed in late April 2023. The stock saw volumes that are over 1.25x the weekly average and is trading 0.3% above its [...]
Zerodha Broking is India's largest stockbroker and is credited with pioneering the discount broking strategy in the country since it was established in 2010 by Nithin and Nikhil Kamath. Zerodha is India's most technologically sophisticated stock broker, which offers a diverse variety of financial solutions to equities market participants. Nikhil Kamath of Zerodha highlighted concerns [...]
A company of a ‘fundamentally strong’ nature exhibits a specific set of characteristics including strong as well as consistent financial numbers, lower leverage ratios, etc. Listed below are two such fundamentally strong stocks in different sectors that are at a discount of up to 25 percent from their respective 52-week high level: Sumitomo Chemical India [...]
This stock was listed on September 5th 2023 and rose 47% in its debut. The stock is also included in the S&P BSE IPOindex. On Monday, the company announced receipts of a huge order that is 27% of its market cap of Rs. 2307 crore. The stock trades currently at Rs. 184.15 versus Rs. 176.44 [...]
