The shares of Nestle India were up by 2 percent in the day’s opening after the company announced its consideration for interim dividend and stock-split. At 9:20 a.m the shares of Nestle India were trading at Rs. 23,348 up by 2 percent from its previous day close price and the market capitalization of the company [...]
Shares of this multibagger chemical stock under the ‘micro-cap’ category jumped around 9 percent on Wednesday after the company is going to turn ex-bonus. In the last five trading sessions, the company’s stock has gained more than 20 percent. With a market capitalization of Rs 67.24 crores, the stocks of Yug Decor Limited, a chemical [...]
On Wednesday, the shares of India's largest independent malt maker and seller of malt spirit soared 20 percent to an all-time high of Rs 165.45 per share after the company won the best whisky in the world at the 2023 Whiskies of the World Award. At 11:25 a.m., Piccadily Agro Industries Ltd shares touched the [...]
On Wednesday this bank announced the business updates for Q2 and following that the stock gains more than 4.5%. Currently, the stock is trading 4.4% away from the 52-week high and above the 50-day and 200-day moving averages. Bank of Maharashtra Bank of Maharashtra company has a market capitalization of Rs. 35,371 Cr making it [...]
Shares of this car manufacturing company lost 1.88 percent after the company received Rs. 2160 crore draft assessment income tax order, and production decline news. At 10.33, 4th October shares of Maruti Suzuki Ltd. were trading at Rs. 10,152.70 per share down by 1.88 percent from previous close price of Rs. 10,346 per share. Such [...]
A company of a ‘fundamentally strong’ nature portrays a certain set of characteristics such as strong and consistent financials, strong profitability ratios, lower leverage ratios, and many more. Listed below are four fundamentally strong stocks from the top 4 booming sectors in India that one should add to their watchlist: Clean Science & Technology Limited [...]
Public Sector Undertakings (PSUs) are public sector companies established and owned by the Government of India or State governments of the country. Listed below is one such PSU stock that is debt-free in which brokerage sees more than 20 percent upside: NMDC Limited With a market capitalization of Rs 43,475.54 crores, the stocks of NMDC [...]
Return on Capital Employed (ROCE) is a profitability measure that indicates a company's ability to effectively utilize its capital, which includes both debt and equity. ROCE is calculated by dividing earnings before interest and taxes (EBIT) by the amount of capital employed. Capital employed in a ROCE calculation refers to the total assets of the [...]
This Penny stock rose 5% to hit its upper circuit on Tuesday within the first hour of markets opening after announcing that it has received an open offer from multiple acquirers. The company has a market cap of Rs. 127 crore and is 22% away from its 52 week high, locked in at Rs. 38.11 [...]
On Tuesday this bank stock rose more than 13% after announcing business updates. The stock closed 4.9% away from the 52-week high and above the 50-day and 200-day moving averages. The stock price is being supported by strong and rising volume, which is higher than the prior day and week averages. Dhanlaxmi Bank Limited Dhanlaxmi [...]
