A Demat account is required to trade on the stock market. Opening a Demat account with a registered Depository Participant (DP) is essential. It is crucial to choose a suitable registered depository participant. Opening a demat account could give you several advantages as an investor. You might pick a broker based on the information's accessibility [...]
Companies manage their funding requirements through equity or debt or internally generated cash. The most preferred source of funding is internally generated cash, followed by debt and then equity, mainly because of the associated costs. However, many companies claim that they have zero debt or are debt free, sending a signal to stakeholders that they [...]
The headline gauges soared on Friday. The fifty-pack Nifty 50 touched a fresh high for the calendar year 2023, crossing the 18,500 mark. However, it settled at and settled at 18,499.35 points. The thirty-share Sensex climbed 1.02% to settle at 62,501.69 points. Broader markets and sectoral indices also clocked sharp gains to settle in the [...]
As individual investors, it is essential to give consideration to the holdings of domestic institutional investors, as they trade consistently in large quantities, leading the market to shift in their preference. Additionally, these domestic investors serve as compensation for the withdrawal of funds by FIIs and act as a cushion against market volatility. Here are [...]
With a market capitalization of ₹9,823 crore, Medplus Health Services Ltd. shares surged 20% on Friday to reach an intraday high of ₹ 827.70 apiece from the previous close price of ₹687.65. The company's net profit for the March quarter doubled by 136 percent, and revenue for the quarter rose 30 percent over the last [...]
Shares of the chocolate company opened 5 percent higher and hit the upper circuit after it informed that Reliance Industries’ arm acquired a majority stake in it. Its shares were locked at 152.40 apiece on the Bombay Stock Exchange (BSE). The company manufactures chocolates, cocoa products, and cocoa derivatives. According to an exchange filing, Reliance [...]
Veteran Investor and NRI Rajiv Jain, who is also the Chief Investment Officer (CIO) at the US-based investment firm GQG Partners is bullish on the Adani Group. GQG Partners on March 02, had bought a stake worth ₹ 15,446 crores (about $ 1.9 billion in Adani Enterprises, Adani Ports and Special Economic Zone LtdAdani Transmission [...]
Shares of Vikas Lifecare climbed 10.91% by Thursday’s closing bell to reach an intraday high of ₹ 3.05 apiece, after the company received a huge order. Vikas Lifecare is engaged in the business of polymer, rubber compounds and additives for plastics, synthetic and natural rubber. Additionally, it is also a del-credere agent of ONGC (Oil [...]
Introduction The benchmark indices closed in the green today, with the Sensex gaining 98 points, equating to 0.16 percent, currently standing at Rs 61,872.62 and the BSE 500 index closed in the green by gaining 66 points, or 0.27 percent. Over the last year, BSE 500 index has returned 13 percent, and these four companies [...]
Shares of Aptech Ltd surged 9 percent on Thursday’s Early Trades to reach a record high of ₹ 528.00 apiece on the Bombay Stock Exchange (BSE), after the company reported robust results for the quarter and year ended on March 31, 2023 and declared a bonus issue. At 01:15 PM, its shares were trading 6.41 [...]