A company is said to be ‘Fundamentally Strong’ when it bags the luxury of having decent financials and margins. Moreover, such companies, in comparison to others in the industry, have lower debt levels thereby improving their short-term liquidity management. Listed below is one such Fundamentally Strong stock that investors should keep under their radar: Jindal [...]
Rane (Madras) Limited (RML) is engaged in the business of providing components for the transportation industry. It manufactures steering gear products, steering & suspension linkages products, and other articles of aluminium die-casting products. The company operates through two divisions namely the ‘Light Metal Castings’ and ‘Steering and Linkages’ division. Today, through a regulatory filing over [...]
Established in 1868, the Tata Group is India’s largest conglomerate with products and services in over 150 countries, and operations in 100 countries across six continents. Tata Group companies have been in existence for years and have rewarded investors with handsome returns. Many investors look for opportunities to buy these stocks at a discount, so [...]
It has been one year since India’s largest insurer, the Life Insurance Corporation of India got listed on the bourses on May 17, 2022. Once labelled as a game-changer for the Indian equity market, the insurance behemoth turned out to be a wealth destructor for investors. LIC has an extensive reach throughout the length and [...]
The shares of Man Industries Ltd shot up by 4% and currently trades at ₹117.35 reaching a 52-week high of ₹118.70 on Wednesday. One of the probable reasons for today's record-high stock prices is the company received a new order worth ₹ 500 crores, That makes the total order book of the Company stand at [...]
With a market capitalization of ₹ 769 crores, Kirloskar Electric Company is a micro-cap stock that is backed by LIC. The electrical engineering company manufactures transformers, alternating current (AC) motors, AC generators, direct current (DC) motors, diesel generator sets, electronics, and switchgear and offers solutions for customized applications related to industrial power. India’s largest Domestic [...]
Banking stocks have given stellar returns in the past year. In fact, the Nifty Bank Index gained more than 26% in the past year and reached a fresh 52-week high of 44151.80 points recently. Gains in banking stocks have also provided buoyancy to the headline indices. Here are two banking stocks to buy for an [...]
As the results season is coming to an end, the Indian markets witnessed mixed reportings with some companies overperforming and some being unable to meet the market’s expectations. Listed below are 2 Mid-cap stocks that tanked up to 7 percent today due to the inability to meet the market’s expectations which created a bearish sentiment [...]
The results season is in full swing in India. A majority of the companies have either met expectations or have exceeded expectations, leading to a gain in their share price. Amber Enterprises India and Kaynes Technology India were listed only in 2022 and their share price increased by almost 19% on Wednesday to hit a [...]
Shares of Megastar Foods Ltd gained 18.39% on Wednesday’s morning trades to touch a fresh 52-week high of ₹ 308.00 apiece after the company reported strong results. At 10:50 AM, its shares were trading at ₹ 279.90 apiece, up 7.59%. Megastar Foods is an Indian company engaged in the manufacturing of food-based products such as [...]
