On Friday, domestic benchmark indexes closed in the red. The BSE Sensex fell 505.19 points, or 0.77%, ending the week at 65,280.45. Similarly, the NSE Nifty 50 fell 165.50 points, or 0.85%, to 19,331.80. Meanwhile, here are six stocks in which the brokerages recommend an upside of up to 35%: Federal Bank Ltd Federal Bank [...]
Having a ‘nil’ debt-to-equity ratio leads the company to have less burden of short-term interest obligations and use the same corpus for application towards other productive departments. Listed below are two debt-free stocks which have price-to-earnings (P/E) and price-to-book value (P/BV) ratio lesser than the industry averages: JSW Holdings Limited The shares of JSW Holdings [...]
Investors primarily make money in the stock market through capital appreciation and through dividends. Dividends are a part of the company’s profits that are paid to shareholders whose names appear in the register of members as on the record date. The ex-date is the date on which a stock starts trading without the benefit of [...]
P/E (Price to Earnings) ratio demonstrates the ratio of the current price of a company's share in relation to its earnings per share (EPS), which is a common metric for evaluating the value of a stock. In some instances, a company's share price is considerably higher than its industry P/E, indicating that the stock is [...]
The Relative Strength Index (RSI) is a common technical indicator used by traders to determine if a stock is in an overbought or oversold zone. The RSI oscillates between zero and 100, and when it is above 70, the stock is considered overbought, and when it is below 30, the company is considered oversold. Trading [...]
Shares of this auto company surged by more than 9 percent after it announced a 1:1 bonus issue on June 21, 2023, along with its earnings for the March quarter. NDR Auto Components is a small-cap company that is engaged in the manufacturing of seat frames and trims for four-wheelers and two-wheeler vehicles and other [...]
The ₹ 444-crore IPO from Mazagon Dock Shipbuilders received a stellar response from investors back in 2020. It was issued at ₹ 145 per share and its shares were trading at ₹ 1313.00 apiece during early trades on Friday, a massive 805 percent higher! The submarine and warship manufacturers' shares debuted at ₹ 216.30 apiece, [...]
Shares of this Tata Group stock soared today after it released key business updates pertaining to performance in the segments operated. The shares have gone up nearly 10 percent during the last one-month period. The stocks of Titan Company Limited are trading in the green today and currently trade at Rs 3,150. The scrip witnessed [...]
On Friday, shares of India's only pure-play listed biodiesel company that focuses on green energy and the sustainable development of renewable resources (biofuel) surged 15%. The stock jumped after Kotyark Industries Ltd received a biodiesel order of Rs 178 crore. At 2:05 p.m., shares on the NSE were trading at Rs 662, up 8.93 percent. [...]
With a market value of Rs 1,128 crores, the shares of Stainless Steel Wire Rod Manufacture surged 12.7% on Friday and hit a 52-week high price of Rs 101.50 a share. SAT Industries Ltd shares were trading at Rs 99.50 on the NSE at 1:28 p.m., up 10.68 percent, after Societe General bought a 1.42% [...]