The PEG ratio, or Price/Earnings to Growth ratio, is a financial metric that assesses a stock's valuation by considering its price-to-earnings (P/E) ratio relative to its expected earnings growth rate. It provides investors with a more comprehensive view of a stock's value, factoring in both its current earnings multiple and future growth potential. Dolly Khanna, [...]
The company received a buy call for a 65 percent potential upside from a brokerage firm due to its industry-leading growth and EBITDA Margin. The stock opened at Rs. 1,575.05 on Tuesday, while its previous closing price was Rs. 1,588.90. HDFC Securities has a ‘buy’ rating on Stylam Industries with an unchanged target price of [...]
This microcap stock, which manufactures and sells customised textile machinery and parts, jumped 9.39% in day trade hours after receiving a Rs. 2.8 crore order from Meda Carpet in Saudi Arabia and Slutsk Belts in Belarus. With a market capitalization of Rs. 55 Crores, the shares of Meera Industries Limited were trading at Rs. 52, [...]
This microcap stock, which trades mobiles, electronic products, fashion accessories, and services, dropped 13.37% in day trade hours after partnering with a distributor. With a market capitalization of Rs. 216 Crores, the shares of Palred Technologies Limited were trading at Rs. 176.60, down 13.37% from its previous day’s close price of Rs. 203.85. The stock [...]
Green energy stocks are investments in companies that generate power from renewable energy sources, such as solar, wind, hydropower, biomass, bioenergy, geothermal, and ocean energy. Increasing environmental concerns, government support, and massive investments in the renewable energy sector in India are making it an attractive avenue for investors. Top conglomerates in the space are running [...]
This microcap software stock specializing in SaaS products for solar companies to streamline processes jumped 4% in day trade hours upon receiving an order from the India Smart Grid. With a market capitalization of Rs. 139 Crores, the shares of Ahasolar Technologies Limited were trading at Rs. 454.05, up 2.05% from its previous day’s close [...]
The shares of the Heavy Engineering Equipment manufacturer hit 5 percent upper circuit after the company’s net profit and revenue jumped by 531 percent and 38 percent YoY, respectively in the third quarter. With a market capitalization of Rs 1,448.91 crore, the shares of Oriental Rail Infrastructure Ltd were trading at Rs 268.80 per share, [...]
Auto Ancillary stock engaged in the business of manufacturing and supplying automotive components to players like KTM, Triumph, TATA Motors and many more jumped 6 percent in the day’s trade, upon receiving an order and signing a strategic alliance agreement with a Japanese company. With a market capitalization of Rs. 9,546 Crores, the shares of [...]
Shares of this IT company jumped around 8 percent in Monday’s trading session after receiving a project worth Rs. 90.02 crores from BSNL. The shares have delivered more than 50 percent returns to its investors in one year. With a market capitalisation of Rs. 986 crores, the shares of Dynacons Systems and Solutions Ltd started [...]
The shares of the consumer durable products manufacturer fell up to 14 percent after the company’s net profit and revenue decreased by 103 percent and 4 percent YoY, respectively in the third quarter. With a market capitalization of Rs 12,185.00 crore, the shares of Amber Enterprises India Ltd were trading at Rs 3,599.85 per share, [...]