The shares of a leading manufacturer of heavy-duty mechanical seals rose to 6 percent to ₹796 per share after receiving a certification from Russia to supply seal systems to the oil and gas industry. At 11:25 a.m., On the Bombay stock exchange, Sealmatic India Ltd shares were trading at ₹780.05 per share, up 4.03 percent [...]
The shares of one of the largest optic fiber network providers gained up to 5 percent after the company received a work order for design, development, operation, and maintenance worth Rs 139.73 crore. With a market capitalization of Rs 12,040.00 crore, the shares of Railtel Corporation of India Ltd were trading at Rs 375.35 per [...]
Shares of this microcap company jumped around 3 percent in Wednesday’s trading session after reporting an increase in net profits by 49 percent YoY. In one year, the shares have delivered around 10 percent returns to its shareholders. With a market capitalisation of Rs. 593 crores, the share of Shree Pushkar Chemicals & Fertilizers Ltd [...]
‘Defensive stocks’ are the ones that provide constant returns regardless of the fluctuations in the stock market. The shares tend to remain stable during various business cycles due to the constant requirement of the products of the company. Defensive stocks generally include stocks under the FMCG, pharmaceutical, healthcare, etc. Listed below are four stocks in [...]
India has been traditionally quite strong in the pharma sector, with a low cost of manufacturing i.e., 30 percent- 35 percent lower than in the US and Europe, cost-efficient R&D, about 87 percent less than in developed markets, and cheap skilled labor. This makes India the top manufacturing hub for pharmaceuticals Here are some pharmaceutical [...]
In business and finance, an order book is a complete record of a company's current and projected future orders for products or services. It gives critical information about the company's operational health, financial stability, and growth possibilities by outlining the number, value, and nature of client contracts or commitments. Monitoring an order book enables stakeholders, [...]
The Relative Strength Index (RSI) is a common technical indicator used by traders to determine if a stock is in an overbought or oversold zone. The RSI oscillates between zero and 100, and when it is above 70, the stock is considered overbought, and when it is below 30, the company is considered oversold. Trading [...]
Shares of this Adani Group stock were in focus after the company received a work order from Rajkot Municipal Corporation ranging between Rs 75 to Rs 85 crores. In the past six months, the company’s stock has delivered returns of nearly 60 percent to its stakeholders. With a market capitalization of Rs 1.11 lakh crores, [...]
IT Stock which is the leading distribution technology company globally and the largest Software as a Service (SaaS) provider for the hospitality industry jumped 9 percent upon the announcement to lend its services to Hotelkey. With a market capitalization of Rs. 9,570 Crores, the shares of RateGain Travel Technologies Limited were trading at Rs. 813, [...]
The shares of visa consultancy services providers gained up to 5 percent after the company’s net profit and revenue increased 89 percent YoY and 7 percent QoQ, respectively in the third quarter. With a market capitalization of Rs 15,234.41 crore, the shares of BLS International Services Ltd closed at Rs 370.00 per share, increasing around [...]
