The stocks of this auto ancillary stock jumped up to 10 percent to reach its 52-week high levels today. From the price levels at the start of January, the scrip has gained more than 15 percent. Shares of Samvardhana Motherson International Limited (SAMIL) are currently trading at Rs 90.25. The scrip witnessed intra-day high levels [...]
Shares of India's leading producer of dyes, dye intermediates, and fertilisers as well as its top 5 manufacturer of single super phosphate climbed by 7% on Wednesday. With a market capitalization of Rs 627 crore, Shree Pushkar Chemicals & Fertilisers Ltd gained after the company started Sulphur Chemistry production in the new facility. As per [...]
The stocks of this Real Estate stock touch record high numbers after a well-known brokerage house initiates coverage on the same and provides a target price with a decent upside. The stock, in the last six months, has gained over 30 percent. Shares of Ahluwalia Contracts (India) Limited zoomed more than 10 percent today and [...]
Small-cap company with a 40% market share in vehicle access control systems and one of India's leading auto suppliers, its shares climbed 2.8% on Wednesday session. Shares of Minda Corporation Ltd jumped a day after financial services group Societe Generale bought 17.28 lakh shares in the company. As per the report, Societe Generale, a European [...]
Companies with a ‘fundamentally strong’ nature portray various characteristics including low debt-to-equity levels, strong financials, etc. Herein this article, we will have a glance at one such fundamentally strong stock in the gas distribution business. Refex Industries Refex Industries Limited is engaged in the process of manufacturing as well as refilling refrigerant gases. The company [...]
Drones, also known as unmanned aerial vehicles, or UAVs, have become increasingly popular in recent years for a variety of reasons, including commercial, military, and defence. Eventually, investment in the drone business has increased. The Indian government has developed the Digital Sky platform, to manage unmanned aircraft system activities in India and the government intends [...]
High Promoter holding is considered as one of the most important factors depicting their confidence in the company and its operations. Mr. Mukul Agrawal owns shares in this small-cap stock which has a high promoter holding of more than 50 percent. De Nora India Limited is a company based in India that is involved in [...]
HDFC Bank and HDFC Ltd have already started to operate as a merged entity. Meanwhile, the company’s board has fixed July 13 as the record date for determining which shareholders of HDFC Ltd are entitled to receive HDFC Bank’s shares. Thereafter, HDFC Ltd will be delisted from the bourses and the merged companies will most [...]
Shares of this small-cap company surged 20% to hit the upper circuit after it received an order worth ₹ 903 crores. They were locked at ₹ 155.30 apiece by Tuesday’s closing bell. HPL Electric & Power Limited is a leading electrical equipment manufacturer with a significant presence across five key product verticals of electric equipment [...]
The company is a distributor of energy-efficient products like electric motors, industrial lubricants, lighting products, industrial pumps, disks and so on, for various manufacturers like Bharat Biljee, Elecon Engineering, Power build, Yaskawa and so on. According to an exchange filing, Sunrise Efficient Marketing’s board has recommended a bonus issue in the ratio of 1:1. Therefore, [...]