The Life Insurance Corporation of India (LIC) is the biggest domestic institutional investor (DII) in India and investors closely track the changes that it makes to its portfolio. Recently, LIC reduced its stake in a stock which forms a part of ace investor Radhakishan Damani’s portfolio. In fact, it has gradually been reducing its stake [...]
Shares of an RPG Group company gained nearly 5 percent to reach an intraday high of ₹ 603.80 apiece on the National Stock Exchange (NSE), after it received new orders worth ₹ 1,042 crores. At 12:20 Pm, its shares were trading at ₹ 597.05 apiece. In an exchange filing, KEC International, a global infrastructure EPC [...]
Shares of this Real Estate stock gained up to 17 percent and hit their 52-week high today after bagging multiple orders. The scrip has gained over 50 percent in a period of last six months. The stocks of RPP Infra Projects Limited are currently trading at Rs 64.45. Witnessing an intra-day high price of Rs [...]
Shares of the first Indian company in the world to commercially create safer and greener NHN detonators, as well as a pioneer in producing solid propellants and the manufacturer of popular missiles such as Brahmos and Agni, rose by 7%. Premier Explosives Limited's stock grew after receiving orders from the Ministry of Defence and Bharat [...]
Investing in the stock market may be profitable in the long run if informed choices are adopted. Here are a few key metrics to consider before investing in banking companies. Net Interest Income (NII): It is the difference between the interest a bank earns on loans after subtracting the interest it pays on deposits and [...]
Shares of the Indian conglomerate ITC Limited closed today at Rs, 475.10, gaining nearly 2 percent compared to the previous closing levels of Rs 466.35. The scrip hits its all-time high level at a price of Rs 480.65. The company has a market capitalization of Rs 5,91,000 crores. Such movements in stock prices are witnessed [...]
Shares of this large-cap IT stock gained up to 3.50 percent today after the merger of HDFC into HDFC Bank paved the way for the company to make an entry into the ‘Nifty 50’ index. In addition to the same, the markets showed positive sentiments leading the scrip to hit its 52-week high mark. With [...]
On Wednesday, the shares of a well-known Indian brand for affordable cancer treatments globally and one of the world's top ten fixed-dosage injectable producers rose 4%. Venus Remedies Ltd ended at Rs 261.50 a share, up over 4%, after the company received marketing approval from four markets for the expansion of the Oncology products. As [...]
The stocks of this small-cap brewery stock jumped nearly 5 percent and touched its 52-week high levels today. The scrip has been able to deliver multibagger returns of over 300 percent in the past one year. Shares of Som Distilleries & Breweries Limited started their trading session at Rs 294 and are currently trading at [...]
India's biggest player in the power metering solutions sector, with a 27 percent market share, hit a 20 percent upper circuit in the first half session on Wednesday, reaching an all-time high price of Rs 169.05. The stock rose after the company signed a $2 billion agreement with Gem View Investments to set up a [...]
