Crompton Greaves Consumer Electricals Limited is engaged in the business of manufacturing, trading, selling, and distributing fans, lighting, pumps, and appliances. The company is a public limited company incorporated and domiciled in India and has its registered office in Mumbai, India. Shares of Crompton Greaves Consumer Electricals Ltd. were trading at ₹ 277.10 gaining 4.13 [...]
Shares of Schneider Electric Infrastructure Ltd. (SEIL) surged 8% on Wednesday to Rs 205.55 apiece from the previous close price of ₹ 188.50. One of the probable reasons for the stock price to surge today is the company's recent announcement of strong Q4 FY 22-23 earnings. The company reported a 62750 percent increase in net [...]
Shares of Bharat Petroleum Corporation Ltd (BPCL) were in the green after the company reported robust results for the quarter and year ended on March 31, 2023. Its shares were trading at ₹ 366.50 apiece on Wednesday’s early trades. Surprising the street, BPCL posted better-than-expected results for the March quarter. On a consolidated basis, it [...]
What are ‘Mid-cap’ stocks? As per the latest reclassification of the threshold market capitalization of small, mid, and large-cap companies, Mid-cap stocks represent the stocks of companies having a market capitalization between Rs 16,800 crores to Rs 48,900 crores. In the past few years, mid-cap stocks have proven to be significantly better than the remaining [...]
Commercial vehicles maker Ashok Leyland on Tuesday reported an over five-fold jump in consolidated net profit at Rs 802.71 crore for the fourth quarter ended March 31, 2023 riding on robust sales. The company had posted a consolidated net profit of Rs 157.85 crore for the same quarter previous fiscal, Ashok Leyland said in a [...]
Mining Major Vedanta Ltd said that its board of directors has approved the first interim dividend for the financial year 2023-24. Its shares closed at ₹ 288.60 apiece on the National Stock Exchange (NSE). The Mumbai-based company’s board on Monday approved a dividend of ₹ 18.50 per equity share. This dividend is equal to 1850% [...]
Shares of Fusion Micro Finance Limited closed today at a price of Rs 493, gaining around 3 percent as compared to the previous closing price of Rs 479.60. The scrip touched its 52-week high mark at a price of Rs 519.80. In the last one-month period, the stock has moved up nearly 22 percent ranging [...]
With a market capitalization of ₹ 2547 crores, SG Finserv (formerly Moongipa Securities Ltd) is engaged in the business of investing activities, investment research, investment banking and wealth management. The company’s share price increased from ₹ 65.75 to ₹ 647.85 in the past year, delivering multibagger returns of 885.32 percent. Therefore, if an investor had [...]
With a market capitalization of ₹ 291.00 crores, DU Digital Global is a micro-cap company listed on the National Stock Exchange (NSE). Incorporated in 2007, the company is engaged in the business of Visa Processing Services to embassies of various countries. It manages the human interface between the visa applicant and the technical visa processing [...]
Penny stocks are relatively inexpensive. While they lack liquidity in their stocks, they also have low market capitalizations. Such stocks are more susceptible to market-changing conditions. Many investors avoid these stocks due to their poor fundamentals and unreliable businesses. Some penny stocks, on the other hand, are recognized for producing multi-bagger returns. Here are the [...]
