This Penny Stock hit its 5% upper circuit within 15 minutes of markets opening on Wednesday, making it the third consecutive day it hit the upper circuit. Throughout the week, the company saw 1.3x avg last week volumes and continues to make new 52 week highs, currently ~300% away from 52 week low. The company [...]
Shares of this Engineering stock under the ‘mid-cap’ category rose up to 11 percent after receiving various orders across a wide range of business segments. In the last six months, the company’s stock has gained more than 50 percent. With a market capitalization of Rs 17,973.05 crores, the stocks of KEC International Limited started their [...]
Shares of a railway company touched its all-time high of ₹ 835.00 apiece on the Bombay Stock Exchange (BSE) on Wednesday’s early trades. However, it slipped into the red soon after. Its share price dropped by 5 percent to 791.45 (intraday low), as compared to its previous closing price of ₹ 801.50, and by 8.81 [...]
Shares of one of India's leading non-banking financial companies fell over 2 percent to Rs 124.60 per share on Tuesday after US-based private investment firm Bain Capital sold a 2.8 percent interest in the company. At 11:01 a.m., L&T Finance Holdings Ltd shares were trading at Rs 126.45 per share, down 0.24 percent from the [...]
Net Profit, one of the most tracked metrics in the capital market industry, measures a company’s profitability, i.e., how efficiently a company is earning a margin of money as compared to the revenues generated. Listed below are three stocks associated with the ‘Steel’ industry that portray a Net Profit CAGR of up to 190 percent [...]
After the trading session on Tuesday, Nifty50 closed at Rs. 19,993.20 levels. It gained 0.5% to reach its all time high of Rs. 20110.35 levels. In the last five days, Nifty has recorded an increase in its growth by more than 2%. Nifty50 contains a total of 50 equity stocks from 50 respective companies. Some [...]
Companies generally manage their capital requirements with the help of equity or through internally generated cash. However, they may also use debt for the same. While debt provides financial leverage to companies, too much of it can cause trouble. Debt-free companies send a signal to investors that they are able to manage their funding requirements [...]
In This large-cap company, Goldman Sachs bought 2.47 Cr shares via a block deal. The stock has delivered 86% returns in one year and 53% returns in YTD to the investors. The stock closed above the both 50-day and 200-day moving averages. IDFC First Bank A large-cap company, IDFC First Bank has a market capitalization [...]
This paint stock reached its 52- week high in the market today after the company announced the record date for its bonus issue of shares in the ratio of 1:5. Share price of Berger Paints closed at Rs. 722.35 per share. It gained another percent to reach its 52- week high of Rs. 728.70 apiece. [...]
Infrastructure development is critical to India's goal of becoming a $5 trillion economy by 2025. To boost the expansion of the infrastructure industry, the government has launched many schemes including the National Infrastructure Pipeline (NIP), in conjunction with other programs such as 'Make in India' and the production-linked incentives (PLI) plan. Historically, more than 80 [...]
