On Thursday this small-cap stock gains over 12% after Quant Mutual Fund Gilt Fund bought 11 lakh shares. On the same day, the stock reached a new 52-week high of Rs. 265.10. The stock has delivered 71% returns in six months and 51 % returns in YTD. This company shares are currently trading above the [...]
The debt-to-equality ratio is calculated by dividing a company's total debt by its shareholders' equity and it is used to measure a company’s financial leverage. One of the key factors that investors consider before investing is the debt-to-equity ratio. Having 'zero' debt improves performance and sets the way to meet the numbers. Here are the [...]
A company is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics such as strong and consistently improving financials, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock associated with the ‘agrochemical’ industry that one should add to their watchlist for a potential upside of more [...]
Bank deposits consist of money placed into banking institutions for safekeeping. These deposits are made to deposit accounts such as savings accounts, checking accounts etc. Increase in bank deposits indicates new money and new clients are being on-boarded. Here are the top performing banks which grew their deposits up to 52 percent YOY. Dhanalaxmi bank [...]
This S&P BSE Smallcap Stock rose 1.1% within the first hour of markets opening after having a deal involving 7.8% stake acquired by SBI Mutual Fund. The company has a market cap of Rs. 5,696 crore and is 7% away from its 52 week high, trading at Rs. 860.70 versus Rs. 870.75 at previous close. [...]
Larsen & Toubro is involved in engineering, construction, and manufacturing operations worldwide. The company has a market cap of Rs. 4,34,169 crore and is 1% away from its 52 week high. Today the volumes for the stock have been 0.1x both the weekly and the monthly average volumes. The stock is on a steady uptrend [...]
Small cap stocks are typically enterprises which have market capitalization of less than Rs. 5,000 crores, they fall outside the top 500 stocks in terms of market capitalization. With high risks involved, Small cap stocks also offer a great runway for growth and can give multibagger returns. Generally Small cap stocks don’t distribute dividends or [...]
Shares of this small cap company were trading marginally lower after the news came that LIC had sold 2 percent stake in the company. On 11th October 2023 shares of Shipping Corporation of India Ltd closed at Rs. 146.90, marginally down from the previous closing price of Rs. 147.05 per share. Such negative sentiment was [...]
Shares of this large-cap auto ancillary stock jumped up to 3 percent in Wednesday’s trading session after the company incorporated an indirect wholly-owned subsidiary in the United States for the purpose of holding industrial assets of the company. In the past six months, the company’s stock has gained nearly 40 percent. With a market capitalization [...]
Micro-cap stock that is into manufacturing of power infra cables hits 5% upper circuit after it bags orders worth 96 Cr from Northern Railways for supply of PVC Cables. At 10:42 a.m the shares of Dynamic Cables hit its upper circuit price of Rs. 452.65 a piece, and the market capitalization of the company is [...]