The MD and CEO of one of the largest private sector banks in India recently resigned four months ahead of schedule. While this untimely resignation wasn’t expected, brokerages believe in the company and see an upside of up to 49 per cent. Uday Kotak stepping down from the helm of affairs at Kotak Mahindra Bank [...]
Following a bulk transaction on Wednesday, the stock of this monopoly company with a 90% market share increased by more than 4% during trading hours. The stock has delivered a 41% return in YTD. The stock price has remained high as a result of strong and rising volume that is greater than usual when compared [...]
Shares of this Tata Group stock jumped 4 percent after Brokerage, forecasting high growth prospects for the company, gave a ‘Buy’ rating to the company’s stock. With a market capitalization of Rs 29,766.39 crores, the stocks of Voltas Limited, a Tata Group entity, opened their trading hour on Wednesday at Rs 893.45 and currently trade [...]
Shares of this Penny stock hit the 20 percent upper circuit after the company received a work order to construct and develop residential units in Ahmedabad worth Rs 101.64 crores. In the last month, the company’s stock has gained close to 28 percent. With a market capitalization of Rs 263.51 crores, the stocks of Nila [...]
On Wednesday, this small-cap stock jumps over 9% after acquiring a 51% stake in the JDHL company. A significant volume rise that was higher than it was the day before and the prior week is helping to support the stock price. Currently, the stock is trading above both the 200-day and 50-day moving averages. Syrma [...]
Retail investors always closely monitor mutual fund investments in the market because they invest in large amounts that might affect stock price movements. Furthermore, because it is difficult for retail investors to collect all relevant information about a firm, they tend to rely on the activities of institutional funds, particularly mutual funds, to make investment [...]
The players involved in the Pharmaceutical industry, a capital-intensive one, strive hard to maintain average margin ratios such as the net profit margin, atleast matching those of others present in the segment. Listed below are three stocks that have a Net Profit Margin of more than xx percent during FY2022-2023: Caplin Point Laboratories Limited With [...]
The share price of a payments aggregator notched 3.42 percent gains as its promoter is looking to increase his stake in the company. Its shares reached an intraday high of ₹ 889.00 apiece and settled at ₹ 886.00. One97 Communications (Paytm’s) CEO Vijay Shekhar Sharma said, “ There is never a day that I would [...]
This micro cap stock hit an upper circuit of 20% in the trading session today after the company announced its strategic partnership with InsureMO to offer PaaS to enterprises. Share price of 3I Infotech opened at Rs. 33.74 per piece and gained 20% to hit its upper circuit of Rs. 40.02 per piece. The stock [...]
This S&P BSE 500 stock rose 1.7% within the first hour of markets opening on Tuesday after it announced a strategic acquisition. The stock is on an uptrend since March 2023 and continues to climb with the moving average as support. The price is currently 0.5% above the 20 day moving average and 19% above [...]
