Shares of this small-cap FMCG stock hit an all-time high today after the acquisition of another company involved in the same business. In Wednesday’s trading session, the scrip jumped more than 6 percent. The stocks of Bikaji Foods International Limited opened their trading session today at Rs 428 and currently trade at Rs 453.75. The [...]
An outdoor advertising agency with a market Capitalization of Rs 435 crores surged 8.2 percent in early trade on Wednesday to hit an all-time high of Rs 316 per share after Mauritius-based foreign portfolio investor (FPI) Aegis Investment Fund purchased a stake in the company. Bright Outdoor Media Ltd shares were trading at Rs 312 [...]
A company’s return on equity (ROE) and return on capital employed are two important metrics that are used to gauge a company’s operational efficiency and profitability. These are some of the most important ratios that investors consider before investing in a company. The ROE considers profits generated per rupee of equity employed in a company, [...]
Shares of a BSE-listed finance company gained 6.83 percent in three sessions after ace investor Ashish Kacholia’s name appeared in its shareholding pattern. Its shares reached a fresh 52-week high of ₹ 648.00 apiece on Wednesday’s trades on the Bombay Stock Exchange (BSE). As per the shareholding pattern of SG Finserve for the April to [...]
Shares of this small-cap media house are soaring today after the release of financial results for Q1FY23-24. The company is also observed to be trading near its 52-week high levels. With a market capitalization of Rs 7,414 crores, the stocks of TV18 Broadcast Limited are currently trading at Rs 43.20, a gain of around 10 [...]
The “Dividend Yield” is one of the well-known metrics that measure the quantum of dividends paid out to stakeholders relative to the market value on a per-share basis. The same is computed by dividing the dividend per share by the market price per share Listed below are two stocks from the Tata universe that have [...]
The Indian renewable energy industry is estimated to grow at a CAGR of more than 10% between 2023 and 2028.In the long run, the industry is projected to be driven by factors such as government rules that assist, increased environmental awareness, incentives, and tax advantages for installing solar panels. The Ministry of New and Renewable [...]
Reliance Industries’ spun-off entity is all set to enter the National Stock Exchange’s (NSE) gauge Nifty. As per the index methodology, this entity would be included in indices effective from July 20 (Close of July 19). Recently, Axis Securities recommended that investors can buy the shares of Reliance Industries before the record date, i.e., July [...]
In recent months, India has received the most FII inflows among any developing economies. With the Indian economy on an upward trajectory, Foreign Institutional Investors(FII) have invested more than $16 billion in the first 16 weeks of FY24. According to NSDL statistics (June 16-30), FIIs were net buyers of Rs 13,300 crore in financial stocks, [...]
A large-cap IT stock gained 3.87 percent to reach an intraday high of ₹ 1,477.95 apiece after the company announced that it has entered into a framework agreement with one of its existing strategic clients to provide AI and automation-led development, modernization and maintenance services, with a targeted spend of $ 2 billion over a [...]
