EBITDA margin, or earnings before interest, taxes, depreciation, and amortization, is a measure of a company's profitability that excludes the effects of financing decisions, accounting decisions, and capital expenditure timing. A high EBITDA margin indicates that a company manages its expenses efficiently, is well-positioned to weather economic downturns, is appealing to potential acquirers, and has [...]
On Wednesday, GMM Pfaudler Ltd shares were trading at Rs 1,500 per share,up 0.19 percent from the previous close price of Rs 1,500.50 per share. The company has a market capitalization of Rs 6,744 crore. GMM Pfaudler manufactures corrosion-resistant glass-lined equipment and is a leading supplier of process equipment for the pharmaceuticals, chemicals, and petrochemical [...]
Fundamentally strong stocks are those stocks that have a solid financial foundation, such as strong earnings growth, low leverage ratio, high return on equity, and a stable cash flow. These stocks will perform well even when the market is rough, and other stocks are underperforming. Listed below are such fundamentally strong stocks in different sectors [...]
The shares of the largest bank in India jumped 2 percent in the day’s trade after its board approved the acquisition of 20 percent stake in SBI Pension Funds Pvt Limited In the day’s trade on December 5, 2023, the shares of State Bank of India Limited closed at Rs. 608.25, up 2.28 percent from [...]
Multibagger Ashish Kacholia Stock which is an emerging consumer durables retailer with over 50 percent market share in Bihar, gets a ‘Buy’ tag on it from Edelweiss which is one of the leading and well-known investment banks, with an upside potential of 20 percent from its previous close price. Aditya Vision Limited Aditya Vision Limited [...]
The shares of India’s leading manufacturer and exporter of electric wires and cables gained up to 7.5 percent to Rs 22.90 per share after it received an order from Tata Group company for Rs 8.66 crore. According to an Ultracab exchange filing, the business has signed an outline agreement worth Rs. 8.66 crore for the [...]
Shares of this pharmaceutical stock under the ‘small-cap’ jumped around 2 percent in Tuesday’s trading session after the company successfully liquidated its strategic investment. Year-to-date, the company’s stock has gained over 35 percent for its stakeholders. With a market capitalization of Rs 3,006.33 crores, the stocks of Unichem Laboratories Limited opened their trading hour on [...]
The shares of one of the leading financial service providers gained up to 4.6 percent to Rs 631.70 per share after ICICI Prudential mutual funds bought 35 Lakhs equity shares. At 3:10 p.m., 360 One Wam Ltd shares were trading at Rs 609.25 a share on the National Stock Exchange, up 1.11 percent from the [...]
The share price of the Mid-cap bank stock rose 2.3 percent of Rs 111.8 of its intraday high from its previous close of Rs 109.2 after the bank announced raising fund through Qualified Institutional Placement (QIP) upto 4000 crores. According to media reports, the Bank of India intends to raise funds through a Qualified Institutional [...]
Shares of this IT company clocked 10 percent upper circuit after it received an order for providing last mile FTTH connections by Bharat Sanchar Nigam Limited (BSNL). With a market capitalisation of Rs. 72 crores, the shares of Globesecure Technologies Ltd started Tuesday’s trading session on a flatter note at Rs. 72.15. During the trading [...]