One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts. With a market capitalization of Rs 3,117.54 Crores. Shivalik Bimetal Controls Ltd, On Friday, The shares closed at Rs 541.20 a share, an increase of 0.20 percent from the [...]
One of the leading players in the renewable energy sector received a 4.66 MW order to execute a solar power project from its subsidiary on Friday. On Friday, KPI Green Energy Ltd shares closed at Rs 1,214.90 per share, up 1.5 percent from the previous close price. The company has a market capitalization of Rs [...]
On Friday the share price of NBFC small cap closed 1.7 percent up Rs 243.70 from its previous close of Rs 239.55. The post-market company has announced its allotment of Non-convertible debenture (NCD) worth Rs 35 crores. Satin Creditcare Network Limited's, Working Committee has allotted 3,500 (Non-convertible debentures) NCDs with a face value of INR [...]
A company with a ‘fundamentally strong’ nature portrays certain specific characteristics such as strong and consistent financials, lower leverage ratios, and many more. Listed below is one such fundamentally strong NBFC stock wherein Foreign Institutional Investors (FIIs) increased their stake by more than 40 percent: Five-Star Business Finance Limited With a market capitalization of Rs [...]
A valuation metric called the "PEG ratio" is used to assess how much a company's projected growth, earnings generated per share (EPS), and stock price are traded off. The annual growth rate can be the predicted growth rate for the upcoming year or the next five years, and the P/E ratio used in the calculation [...]
Fundamentals refers to the financial strength and performance of a company or asset. They provide insights into a company's ability to generate profits and manage its debt. Key fundamental factors include earnings, revenue, debt-to-equity ratio, net profit margin, ROE, and ROCE. The Indian Railways' capital expenditure in the Railway Budget 2023-2024 is Rs. 2.40 lakh [...]
On Friday, domestic benchmark indexes closed in the red. The BSE Sensex fell 47.77, or 0.072%, ending the week at 65,970.04. Similarly, the NSE Nifty 50 fell 7.30 points, or 0.037 to 19,794.70. Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 62%: Sai Silks (Kalamandir) Ltd Sai Silks [...]
Net Profit Indicates the amount of revenue a company takes home after paying out all expenses. It is used by investors, analysts, and management to assess a company's financial health, efficiency, and performance. These are the 3 Midcap stocks that have delivered Compounded Net Profit growth of upto 87 percent in 5 years Jindal Stainless [...]
Mr. Ashish Kacholia is one of the renowned investors based in India publicly holding a sum of 45 stocks with a net worth of over Rs 2,800 crores. Listed below are three fundamentally strong stocks, viz, stocks with strong financials, lower leverage ratios, etc, under the ‘micro-cap’ category that is included in Mr. Ashish Kacholia’s [...]
Defence stocks in India have emerged as a significant segment in the development of the country’s economy, due to the rapid advancements and strategic developments in the defence sector. India has been the top importer of Defence products and technology. Investors choose defence stocks as a secure investment choice because of their consistent demand, government [...]