Companies have begun releasing their shareholding patterns for the first quarter of the current financial year (Q1FY24). Many investors are closely tracking the changes in the shareholding of seasoned investors like Vijay Kedia. Shares of Precision Camshafts gained 17.81 percent on Friday’s trades to reach an intraday high of ₹ 215.00 apiece. This happened after [...]
P/E (Price to Earnings) Ratio defines the ratio of the current price of a company's share in relation to its earnings per share (EPS), which is a frequently used data to define the value of a stock. In some instances, a company's share price is considerably higher than its earnings, indicating that the stock is [...]
The Life Insurance Corporation of India is currently the largest domestic institutional investor in India. Investors as well as analysts closely track the company’s portfolio changes in order to get meaningful insights regarding their watchlist. The insurance behemoth in a recent exchange filing said that it has increased its stake in two companies: Tata Consumer [...]
A multibagger stock with 1193% returns in the past year gained 18% after its board announced the record date for a stock split. The electric equipment company is engaged in the end-to-end manufacturing, procurement and distribution of a range of high-end yet advanced solar products, medical devices and energy-efficient lighting solutions. Servotech Power Systems, an [...]
A monopoly company with a 30-year legacy in superior sealing technology and the market leader in Indian seal manufacture gained 11% after the company received accreditation for Nuclear Applications. Sealmatic India Ltd shares were trading at Rs 407.95, up 7.95 percent on the BSE at 2:45 p.m., with a market capitalization of Rs 364 crore. [...]
Shares of this penny stock gained 6 percent after the company announced release of Promoter’s pledged shares. In the last five trading sessions, the company’s stock has gained approximately 10 percent. With a market capitalization of Rs 200 crores, the stocks of Scan Steels Limited are currently trading at Rs 40. The scrip witnessed an [...]
Companies have started releasing their shareholding patterns for the first quarter of the current financial year 2023-24 (Q1FY24). Many investors closely follow the changes in the shareholding of seasoned investors like Ashish Kacholia. Shares of Agarwal Industrial Corporation gained 9.36 percent on Thursday’s intraday trades to reach an intraday high of ₹ 687.95 apiece. This [...]
In Thursday's first half session, shares of Equipment Manufacturer for Oil and Gas, Petrochemicals, Power, and Metallurgy Industry rose in response to the company's impressive June Quarter results. Artson Engineering Ltd shares, with a market capitalization of Rs 367 crore, were locked at the 20 percent upper circuit at a price of Rs 99.52 from [...]
Shares of this multibagger chemical stock escalated 11 percent after nearly two percent equity after Europe-based financial Services group Societe Generale picked a stake in it. The stock reached an intraday high of ₹ 71.00 apiece against its previous closing price of ₹ 63.97. At 01:00 PM, its shares were trading at ₹ 67.74, 5.89 [...]
A small-cap real estate stock jumped more than 15 percent on Thursday’s early trades after the company announced a buyback of its shares. The existing shareholders of the company as on the record date of July 28, 2023, will be eligible for the buyback. According to an exchange filing, Ashiana Housing Ltd will buy back [...]
