Shares of a company in ace investor Vijay Kedia’s portfolio have reached a record high of ₹ 935.00 apiece on the bourses and the company has crossed a market capitalisation of ₹ 10,000 crores. At 12:12 PM, its shares were trading at ₹ 929.95 apiece. Elecon Engineering Company’s share price crossed the ₹ 10,000 crore [...]
Price to book value is known as one of the valuation metrics to understand and analyse a stock on the basis of its increasing or decreasing value. In simple terms, it is a comparison of a share’s market price to the company’s book value of equity. Investing in a company with a price to book [...]
India's automobile sector is the largest, accounting for around 2.3 percent of the Indian GDP. As India is the world's third-largest steel producer, car component makers benefit from lower costs. According to ACMA, the automobile industry's entire turnover would increase by 10-15 percent in FY24. The automotive components industry grew by 23 percent in FY22 [...]
Domestic benchmark indices Sensex and Nifty 50 ended sharply off the day's low on Friday, posting the biggest single-day gain in the last two months. The BSE Sensex closed for the week at 65,387.16, up 0.77%, and the NSE Nifty 50 settled at 19,435.30 points, up 0.86%. Meanwhile, here are eight stocks in which the [...]
The company is the largest producer and supplier of high-quality Ride Control Products such as shock absorbers, Struts, and Front forks for the Indian Automotive Industry catering to Passenger and Commercial vehicles. Gabriel India Ltd shares were trading at Rs 319.20 on the National Stock Exchange on Friday, up 0.87 percent, and the company has [...]
Vijay Kishanlal Kedia is an Indian ace investor who started investing in the stock market at an early age. While speaking about his investment strategy, he said: "One should scout for companies which have good management... Find a very good management, a very honest management and see the product in which the management is going [...]
Many investors prefer to find the stocks of companies that they believe will do well, based on their fundamentals and stay invested in them for a very long period of time. In fact, this is one of the most common beliefs among some of the most famous investors around the world. Staying invested in stocks [...]
Foreign Institutional Investors (FIIs) are institutional investors from outside the nation who invest in a certain country's stock market. These FIIs purchase shares in large quantities, which promotes market efficiency, depth, and liquidity, as well as investor trust in the firm. FIIs are also regarded as market drivers. Furthermore, FII investments influence market sentiment. As [...]
The dividend is the amount of money that a company pays to its shareholders as dividends on a per-share basis. The dividend yield indicates how much a company pays in dividends each year based on its stock price. Here are a few stocks that will be trading ex-dividend next week: Gujarat State Fertilisers & Chemicals Ltd [...]
The net profit margin measures the profits that a company generates as a percentage of its revenue. It helps investors and other stakeholders to assess if a company’s management is generating enough profit from its sales and whether costs are in control. This metric is one of the most important indicators of a company’s financial [...]
