This lesser-known Tata Group stock has generated better returns for its shareholders as compared to other well-known companies in the group. For example, in the last one year, Tata Consultancy Services gained merely 1.20%, Tata Motors gained 44.91% and Indian Hotels Company gained 68.08%. In fact, the company has outperformed the benchmark indices as well. [...]
P/E Ratio or Price to Earnings Ratio is a widely used metric to define the value of a stock, this P/E depicts the ratio of the current price of a company’s share in relation to its earnings per share (EPS). In particular situations, a company's share price is relatively greater than its earnings, indicating that [...]
With a market capitalization of Rs 5,00,000 crores, the shares of Bharti Airtel Limited are trading in the green today and are currently available for Rs 880. In the last five trading sessions, the scrip gained around 3.40 percent ranging from Rs 851.65 at the end of June to the current price levels. According to [...]
Shares of Vasa Denticity gained 16.8 percent on the NSE SME exchange to reach an all-time high of ₹ 382.95 apiece after ace investor Ashish Kacholia invested in the company. At 12:58 PM, its shares were trading at ₹ 374.00 apiece, up 14.08 percent. Vasa Denticity is engaged in the business of marketing and distribution [...]
Shares of Suzlon Energy witnessed a notable surge of 9.8 percent on Monday’s early trades. Extending its gaining streak to six sessions, its share price reached a fresh 52-week high of ₹ 16.80 apiece and was locked at that price at 12:08 PM. According to reports, multiple block deals took place on the counter, where [...]
The shares of NMDC Limited, India’s largest iron ore producer, opened their trading hour at Rs 106 and currently trade at Rs 107.50, surging around 3 percent compared to the previous closing levels of Rs 104.65. It has a market capitalization of Rs 31,400 crores. One of the probable reasons for the company’s stock to [...]
Paras Defence and Space Technologies Ltd shares gained 2.6 percent in Monday’s session. The shares rose after the company signed a Rs 42-crore deal with IFFCO Nano Fertilisers for 400 agri-drones. As per exchange filings, The company received a contract to manufacture 400 units of Agri-Drones for IFFCO Nano Fertilisers, including a two-year annual maintenance [...]
Shares of Mazagon Dock Shipbuilders shot up nearly 8% on Monday’s early trades to reach a fresh 52-week high of ₹ 1342.00 apiece after it signed a contract with the Indian Navy. At 11:37 AM, its shares were trading at ₹ 1320.00 apiece, up 5.91%. The company informed the bourses that it signed a contract [...]
The Benchmark Indices witnessed a jump today with the Sensex gaining 800 points and closing at Rs 64,719. Moreover, the Nifty 50 index saw a jump of 217 points and closed at Rs 19,189. Both the indices touched their all-time high levels with the Sensex attaining the same at Rs 64,768.58 and the Nifty 50 [...]
The name ‘Tata’ is synonymous with trust. It carries a legacy that spans more than a century. The group has been actively evolving with changing times and is innovating its business on a continuous basis. Its immaculate reputation has helped it to attract investors, consumers and some of the best talent. ROE is a measurement [...]
