The shares of 63 Moons Technologies Limited surged 14.50 percent in today’s trading session and currently trade at Rs 248. The scrip touched its fresh 52-week high mark at a price of Rs 255.90. Within a period of just one month, the company’s stock has gained over 40 percent ranging from Rs 169.90 to the [...]
Based on geopolitical tensions across national borders, the aerospace and defence industry is continuing to grow, and as a result, Indian defence sector stocks have experienced phenomenal growth for investors. Over the previous decade, India has emerged as one of the most appealing in terms of military modernization, with an estimated capital expenditure of USD [...]
Many books and materials have been written on the forex market. There is so much information that it is quite difficult to digest it and even more so to remember it. Of course, it takes time to master, and even more, time will be spent on developing practical skills and testing all those strategies and [...]
A company is said to be ‘fundamentally strong’ when it portrays two basic characteristics, the first being a favourable debt-to-equity ratio and the second being strong financial numbers giving an edge to the company at times of financial distress faced by peers in the industry. Herein this article, we will analyze one such fundamentally strong [...]
Fundamentally strong businesses have good financials, such as a low debt-to-equity ratio, significant profit growth, and stable cash flow. These are the stocks that are more likely to survive market downturns and emerge stronger. A debt ratio of zero indicates that the company does not finance additional operations by borrowing at all. For shareholders, this [...]
The Indian government is on the verge of blending 20% ethanol into automotive gasoline in order to minimise reliance on foreign exchange. As a result, the Indian ethanol sector has made great success in recent months, attaining a 10% ethanol blending rate five months ahead of schedule. However, in order to meet the government's blending [...]
The stocks of Priti International Limited closed today at a price of Rs 169.20. The scrip witnessed an intra-day high of Rs 177, gaining around 10 percent compared to the previous closing levels of Rs 161.35. The company has a market capitalization of Rs 200 crores. The stock prices saw such positive movements in the [...]
With a market capitalization of Rs 900 crores, the shares of Kamdhenu Ventures Limited zoomed around 10 percent closing today at Rs 282.20. The scrip hit its all-time high at a price of Rs 286. In the last one month period, the stocks have gained more than 30 percent ranging from Rs 212.70 to the [...]
The shares of India’s Largest franchisee of Yum Brands closed at a price of Rs 1,415.65 apiece, on Wednesday. The stock fell the day after Mauritius-based firm WWD Ruby Ltd offloaded its entire stake in the company. As per reports, WWD Ruby, a foreign firm, liquidated its entire 4.77% share in Sapphire Foods India on [...]
The stocks of the Indian conglomerate, Adani Enterprises Limited, closed in the green today with the parent company exhibiting a gain of around 5.20 percent at a price of Rs 2,402. Moreover, the shares of Adani Green Energy Limited, the Renewable Energy arm, traded flat and closed at Rs 957. Such sharp movements in the [...]
