Promoter holding is one of the important parameters that investors check while investing in a company that is not professionally managed or is managed by families. A high or increasing promoter holding indicates that its promoters think that it is worth buying the shares of their company and is a positive signal. Here are a [...]
The defence industry includes engineering, production and maintenance companies for military facilities, equipment and material. India used to be one of the top importers of defence technology, however, over the past few years, the country has concentrated on lowering its reliance on foreign defence imports with programs like "Make in India" and "Atmanirbhar Bharat." As [...]
HDFC Bank, through a regulatory filing over the BSE dated 17th May 2023, informed that the Reserve Bank of India (RBI) has approved the application made by SBI Funds Management Limited (SBIFML) with respect to acquiring up to 9.99% of the Bank’s paid-up share capital or voting rights. The approval granted is subject to the [...]
Standard Industries is a penny stock with a market capitalization of ₹ 202 crores and a market price of ₹ 30.75 apiece. The company is engaged in the business of property division and trading in textiles and chemicals. Its wholly-owned subsidiaries include Standard Salt Works Ltd and Mafatlal Enterprises Ltd. The company’s share price has [...]
A company's market capitalization is crucial for investors to estimate its potential and inherent risks. Mid-cap companies have evolved from small-cap and have the potential to become large-cap. Midcap stocks are riskier than large caps or small caps but provide larger returns. They also have less competition when it comes to purchasing discounted shares. Mid-cap [...]
A ‘Mutual Fund’ is a trust that collects money from a pool of investors sharing a common investment objective and invests the same money in various instruments such as equities, bonds, and/or other securities. Mutual Funds infuse money into/take money out of companies after their due diligence activities and consider other important factors in relation [...]
With a market capitalization of Rs 1,446 crores, The Anup Engineering Ltd (TAEL) is engaged in the process of manufacturing as well as fabrication of process equipment that is required for petrochemicals, fertilizers, pharmaceuticals, and other allied industries. The company’s product portfolio includes industrial centrifuges, dished ends, static process equipment, etc. The company has a [...]
Shares of Vaibhav Global plunged 7% on Thursday’s intraday trades to reach a low of ₹ 297.50 apiece after the company’s results failed to cheer investors. At 02:08 PM, its shares were trading at 298.75 apiece, down 6.57%. Renowned investors Vijay Kedia and Ashish Kacholia hold a stake in the company. Vijay Kedia owns a [...]
Shares of Honeywell Automation surged 10.16% or ₹ 3805.05 apiece on Thursday’s early trades to reach an intraday high of ₹ 41258.80 apiece on the National Stock Exchange (NSE) after the company reported robust results for the quarter and year ended March 31, 2023. At 12:38 PM, its shares were trading 9.07% higher at ₹ [...]
The shares of Max Healthcare Institute Ltd shot up by 1.42% and currently trade at ₹528.80 by reaching a 52-week high of ₹531.45 on Thursday. One of the probable reasons for the stock to hit a high price is the company's recent announcement of strong Q4 FY 22-23 earnings. The stock is gaining traction because [...]
