Shares of this Penny stock hit their 52-week high after JV company received a Letter of Acceptance ((LoA) for a project in Himachal Pradesh worth Rs 138.24 crores. With a market capitalization of Rs 240 crores, the stocks of RPP Infra Projects Limited closed today at Rs 64. The scrip witnessed an intra-day high of [...]
Shares of one of the pioneer and leading manufacturers in the steel tube and pipe business gained 8 percent to Rs 42.25 on Tuesday's first half session following announcement of strategic partnership with JSW Steel, At 3:05 p.m., Rama Steel Tubes ltd shares were trading at Rs 40.30 per share, up 2.81 percent. According to [...]
Shares of a small-cap Non-Banking Financial Company (NBFC) gained nearly 8% on Tuesday’s early trades after a company co-owned by ace investor Ashish Kacholia bought a stake in it. Its shares reached an intraday high of ₹ 236.75 apiece against a previous close of ₹ 219.50 apiece on the National Stock Exchange (NSE). As per [...]
Shares of Tata Group Agro-chemical stock jumped after another Tata Group company increased its stake via a Block Deal today with 97 Lakh shares exchanging hands. With a market capitalization of Rs 4,200 crores, the stocks of Rallis India Limited are trading in the green today trading at Rs 217. The scrip witnessed an intra-day [...]
In Tuesday's early trade, shares of the country's second-largest automotive battery manufacturer and technological leader in lead-acid batteries fell 6% to Rs 643.40 apiece on reports of a block deal. Amara Raja Batteries Ltd shares were trading at Rs 650.15 on the NSE at 12:40 p.m., down 5.05% from the previous close, with a market [...]
The manufacturer of ‘Sleepwell’ mattresses, has cemented its leadership position in foam-based home-comfort products and marked its entry into the branded furniture market, by announcing the acquisition of a stake in its rival companies, in two simultaneous deals. These acquisitions will make the company an undisputed leader across major product categories. Shares of Sheela Foam [...]
Shares of this Mid-cap Private-sector Bank slipped around 0.30 percent today. On the contrary, having a positive outlook, the Bank’s stock has been covered with a ‘Buy’ tag with a decent upside. In the last one year, the scrip has gained around 29 percent from Rs 103 in July 2022 to the current price level. [...]
Rapid urbanisation and industrial expansion contributed to the country's electrical cable industry's exponential rise. According to the report, the India Cable Market is expected to grow at a CAGR of 11.2% during 2022- 2028. In addition, as the country progresses toward Industry 4.0 and the central government-led PLI programs will increase the production of commercial-grade [...]
P/E (Price to Earnings) ratio defines the ratio of a company's current share price to its earnings per share (EPS), which is frequently employed to define the value of a stock. The Sugar stocks mentioned below have lower-than-average P/E ratios, indicating that their stock prices are undervalued in relation to its earnings.This is considered as [...]
Sterling and Wilson Renewable Energy Ltd is a global leader in end-to-end solar engineering, procurement, and construction (EPC) solutions, as well as the management and maintenance of solar power installations. Sterling and Wilson Renewable Energy Ltd shares rose 17.4 percent to Rs 339.70 a share on Monday after analysts recommended ‘buy’ rating, while the company's [...]
