Shares of this PSU stock under the ‘mid-cap’ category fell around 10 percent on Thursday after Promoters initiated the offloading process of a 4.92 percent stake via an offer for sale. With a market capitalization of Rs 29,115.85 crores, the stocks of SJVN Limited, a public sector undertaking (PSU) engaged in the ‘Power’ industry, fell [...]
If more than 0.5% of a company's equity shares are traded in a single or numerous transactions, it is considered to be a bulk deal. This small-cap stock on Thursday gains up to 5% after UK-based FII bought 17.4 lakh shares via a bulk deal. Tarson Products Ltd Tarson Products Ltd is a small-cap company, [...]
Stocks of this power stock under the ‘large-cap’ category are trading in the green after a well-known brokerage gave a Buy recommendation on the company’s stock with an upside of more than 20 percent. JSW Energy Limited With a market capitalization of Rs 66,946.52 crores, the stocks of JSW Energy Limited are currently trading at [...]
India-Canada relations hit a new low with Canada expelling an Indian diplomat over allegations of India's involvement in the killing of the Khalistan Tiger Force chief on Canadian soil. Experts believe that this will likely impact the country’s trade and investments in India as well. The Canadian Pension Plan Investment Board (CPPIB) has made several [...]
A stock is said to be ‘undervalued’ when the price-to-earnings (P/E) ratio of the company is comparatively less than the industry average. Listed below are three NBFC stocks under Rs 400 that have a price-to-earnings (P/E) ratio lesser than that of the industry: L&T Finance Holdings Limited With a market capitalization of Rs 31,150.11 crores, [...]
This microcap stock rose 3% today and currently trades at Rs. 84.23 with a market cap of Rs. 567 crore. The stock is trading 11% away from its 52 week high. The stock has been on an uptrend since early April 2023 and now stands 13% higher than its 200 day moving average. International Conveyors [...]
This green energy stock rallied 5% on Wednesday to reach its 52- week high after the company announced its new operating capacity of 750 MW. Share price of Insolation Energy closed at Rs. 421.80 per share on Wednesday. It opened 5% higher to reach its 52- week high of Rs. 440.15 per share. The stock [...]
The price of a stock is determined by various factors like regulation, competition, liquidity, business prospects and so on. While a company’s leadership is critical to its success, its share price is not solely determined by the appointment of a CEO. However, the impact of leadership cannot be understated either. Reports suggest that 73 out [...]
This infra stock rose more than 2% in Wednesday’s trading session after the company’s subsidiary received an order worth Rs. 737 crore from the Ministry of Road Transport and Highways. Share price of G R Infra opened at Rs. 1250.05 per share and gained more than 2% in the market today to reach its intra- [...]
Shares of a construction company climbed 3.60% to reach an intraday high of ₹ 109.40 apiece on the National Stock Exchange (NSE). This happened after it bagged orders worth ₹ 645.70 crores. Ashoka Buildcon is engaged in the business of construction and infrastructure facilities on an EPC (Engineering, Procurement and Construction) and BOT (Build-Operate-Transfer)basis. It [...]
