A company is said to be “fundamentally strong” when it portrays some specific characteristics, some of which include strong and consistent financials, low debt-to-equity ratio, and many more. Listed below is one such fundamentally strong stock that is engaged in the ‘Gas Distribution’ business: Indraprastha Gas Limited With a market capitalization of Rs 33,000 crores, [...]
Stocks that produce returns that are multiples of their expenditures are known as multibaggers, These stocks are essentially inexpensive and have outstanding fundamentals, making them excellent investing opportunities. Microcap stocks have a modest market capitalization. These stocks can provide individuals with unique investing opportunities, and the firms are less well-known but still have significant growth [...]
Foreign Institutional Investors (FIIs) include hedge funds, pension funds, insurance companies, investment banks and mutual funds that invest in a country outside the country in which they are registered or headquartered. They can be an important source of developing capital in an economy, especially in developing nations. India, however, has placed limits on the total [...]
Shares of a multibagger stock gained 5 percent on Tuesday’s early trades to reach an intraday high of ₹ 783.65 apiece on the National Stock Exchange (NSE) after the company announced the sub-division of its equity shares. In an exchange filing, Focus Lighting & Fixtures informed that its board has approved the sub-division of its [...]
Shares of this large-cap auto stock rallied 6.22 percent on Tuesday’s intraday Trades to reach a fresh 52-week high of ₹ 1388.45 apiece on the National Stock Exchange (NSE). This happened after the company reported its results for the April to June quarter of the current financial year (Q1FY24). Its shares closed at ₹ 1,383.70 [...]
Shares of this mid-cap power stock jumped up to 10 percent today after the announcement of multiple Hydro Projects. In the last five trading sessions, the scrip has jumped close to 30 percent from Rs 46.65 to the current price level. The stocks of SJVN Limited, a Mini Ratna company, are currently trading at Rs [...]
Driven by a strong rally in gold prices, higher price realisation and growth in sales across all product categories, this small-cap jewellery stock posted stellar results for the first quarter of the financial year 2023-24. The shares of Thangamayil Jewellery appreciated to the tune of 16 percent on Tuesday’s early trades to reach an intraday [...]
The shares of a global leader in LED display production locked 5 percent upper circuit and reached a 52-week high price of Rs 26.05 apiece after the business received a project from Indian Railways. The company with a market valuation of Rs 576 crores, MIC Electronics Ltd shares rose 5 percent in early session on [...]
Shares of this small-cap stock dealing in Household & Personal Products hit the 20 percent upper circuit and recorded a fresh 52-week high mark. The same is observed after the company published Q1 results pertaining to FY23-24. The stocks of Jyothy Labs Limited were trading in the green in Tuesday’s session having a flat start [...]
The shares of Analytics and cloud application service provider with a market capitalization of Rs 614 crore touched upper circuit 5 percent for Rs 595.10 apiece at 9:40 am after company board set record date for bonus issuance. NINtec Systems Ltd shares were trading at Rs 595.10 at 1:33 in the afternoon, up 5 percent [...]
