Shares of this fast-food chain jumped 14 percent to hit their 52-week high on Friday after a huge Block Deal that likely took place pertaining to the company’s shares. In the past month, the company’s scrip has gained more than 13 percent. With a market capitalization of Rs 6,427.35 crores, the stocks of Restaurant Brands [...]
Vijay Kedia’s textile stock climbed by almost 8 percent to a 52-week high of Rs 635 per share on Friday’s trade after the company revised the share buyback offer to Rs 720 per share against the previous price of Rs 650. At 10:30 a.m., On the National stock exchange, Siyaram Silk Mills Ltd shares were [...]
While evaluating insurance companies, we look at various ratios like persistency ratio, solvency ratio, claim settlement ratio and so on. Persistency ratio indicates how many policyholders are paying the due premiums regularly on the policies with the insurer. In other words, it shows how loyal customers are to an insurance company. Persistency ratio is measured [...]
The Indian renewable energy sector is expected to grow at a CAGR of 10 percent between 2023 and 2028. In the long run, the sector is likely to be pushed by factors such as supportive government regulations, increased environmental consciousness, subsidies, and tax benefits for installing solar panels. The Ministry of New and Renewable Energy [...]
The government recently announced an incentive of 25% of the approved project cost to companies to boost exploration of critical minerals. "This incentive will be provided through the National Mineral Exploration Trust and will help in the discovery of critical minerals in the country," said Union Minister of Parliamentary Affairs, Coal, and Mines, Pralhad Venkatesh [...]
On Thursday this small-cap stock jumps more than 5% after the company signed a MoU with the government of Uttarakhand. The stock has delivered 47% returns in six months and 50% returns in YTD. The stock price has held at a high level because of strong and rising volume that is more than usual when [...]
This penny cap stock rose 3.5% after the company entered into an MoU agreement and acquired 50% stake in Vivanta Drone Research Centre Tanzania Limited. Share price of Vivanta closed at Rs. 5.05 per share. It gained 3.5% in the market today to reach its intra- day high of Rs. 5.15 per piece. The stock [...]
Shares of a hotel company were in the green after it announced a buyback of its shares. Its shares settled at ₹ 166.65 apiece on Thursday. According to an exchange filing by Sinclairs Hotels, the company’s shareholders have approved the proposal to buy back up to 15,20,000 equity shares of a face value of ₹ [...]
This small cap stock owned by ace investor Ashish Kacholia zoomed 15% after the company acquired 26% in a SPV with Tata Power Renewable Energy Limited. Share price of XPRO opened at Rs. 950 levels and gained 15% to reach its 52- week high of Rs. 1080 levels. The stock returned 47.13% in the last [...]
The Investment Information and Credit Rating Agency (ICRA) has revised its domestic steel demand projection for FY24 to 9-10 percent, Powered by the government's infrastructure-oriented growth model. The ratings agency had predicted 7-8 percent growth at the start of the fiscal year. Between FY2022 and FY2024, the domestic steel sector is predicted to grow at [...]
