This logistics stock reached its 52- week high in the market on Friday after the company received a long- term business order worth approximately Rs. 72 crore. Share price of AVG Logistics opened at Rs. 302.30 per share and gained almost 3% to reach its 52- week high of Rs. 305 levels. The stock gave [...]
The share of India's fourth largest software service company declined around 2.7 percent to Rs 417.50 a share after the company’s veteran CFO Jatin Dalal resigned. At 10:40 a.m., On the National stock exchange, Wipro Ltd shares were trading at Rs 420.90 per share, down 1.83 percent from the previous close price. The company has [...]
A stock is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics such as consistent and improving financials, favourable leverage ratios, etc. Listed below is one such fundamentally strong stock that is trading at a discount of up to 30 percent from its 52-week high level: Anupam Rasayan India Limited With [...]
To acquire a 55% stake in certain Butterfly trademarks from promoter group entities for a sum of Rs. 30.38 crore, at a price of Rs. 1,403 per equity share, Crompton Greaves signed definitive agreements with some members of the promoter group of Butterfly Gandhimathi Appliances Ltd. ("Butterfly") in February 2022. In order to purchase up [...]
Debt to Equity measures how much total debt and financial obligations weigh against the total amount of shareholders' equity. Debt to equity shows how heavily a company's capital structure leans toward debt or equity for its financing, which shows how leveraged the business is financially which is an important metric to look at along with [...]
The shares visa consultancy service provider declined 3.5 percent to Rs 260.80 a share on Thursday after India suspended visas for Canadians. At 3:25 p.m., On the National stock exchange, BLS International Services Ltd shares were trading at Rs 263.10 per share, down 2.5 percent from the previous close price. The company has a market [...]
Shares of a large-cap banking company zoomed 48 percent in less than ten days, increasing from ₹ 32.35 to ₹ 47.95 apiece. Its shares were trading at ₹ 45.85 apiece at 01:15 PM on Thursday. Shares of PSU Banks were on a roll this week, amid expectations of improved earnings and asset quality of state-owned [...]
This penny stock operates in the IT services industry with a market cap of Rs. 308 crore. On Thursday, the company’s shares hit 2% upper circuit within the first half hour of markets opening and is 39% away from 52 week high and has been experiencing strong momentum since mid April 2023, rising 109% since. [...]
HDFC Asset Management Company, providing various mutual fund and portfolio management services, has received approvals from the Reserve Bank of India (RBI) to acquire a stake in the below listed private-sector Banks. DCB Bank Limited With a market capitalization of Rs 3,928.62 crores, the stocks of DCB Bank Limited started their trading session on Thursday [...]
Shares of this mid-cap stock involved in the Tyre industry fell around 3 percent on Thursday after operations at one of the company’s manufacturing plants were stopped by the labour union representatives due to concerns related to the long-term settlement agreement. With a market capitalization of Rs 23,393.94 crores, the stocks of Apollo Tyres Limited [...]
