A ‘Dividend’ is usually defined as the distribution of a company's earnings to its shareholders and is determined by its Board of Directors. Dividends are often been distributed once in three months and the mode of payment could be in cash or in the form of reinvestment in additional stocks of the company. Moreover, an [...]
All the Adani Group stocks are trading in the green today with the parent company, Adani Enterprises Limited, moving the most witnessing a gain of around 5.1 percent currently available for Rs 1,989. In the last one-month period, the stock has gained more than 10 percent ranging from Rs 1,803.15 to the current levels. One [...]
Shares of Shemaroo Entertainment Limited are locked in the 10 percent upper circuit today at a price of Rs 143.05. In the last 5 trading sessions, the stock has gained around 17 percent ranging from Rs 122.35 to the current price level. One of the prime reasons for the stock prices to surge is the [...]
Net Profit is defined as the amount of money a company’s business earns after deducting all the operating costs, interest costs, and tax expenses over a given period of time. It is a crucial part of the decision-making process pertaining to dividend payouts, etc. It has become one of the most important metrics for companies [...]
The Life Insurance Corporation of India (LIC), India’s biggest institutional investor was on a shopping spree in the fourth quarter of FY23. Data from the exchanges showed that it has increased its stake in at least five blue chip companies in the January to March quarter of 2023 (Q4FY23). Tata Power Company Ltd LIC had [...]
It is generally said that a ‘Fundamentally Strong’ stock is one that equips itself by conducting operations when the respective industry goes through financial distress. Moreover, such companies enjoy the luxury of operating their business on comparatively lower debt levels, good amounts of retained earnings, and stable margins. Listed below is one such Fundamentally Strong [...]
Fondy known as the ‘Big Whale’ ace investor Ashish Kacholia likes his portfolio to speak for itself. He is known for his absence from media cycles and for avoiding interviews and journalists. He has investments in over 20 stocks and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks. Here are three [...]
Shares of Kansai Nerolac Paints spiked 10% on Tuesday’s early trades to reach an intraday high of ₹ 444.20 apiece on the National Stock Exchange (NSE). This happened after the company announced its quarterly and annual results, a dividend and a bonus issue. At 01:34 PM, its shares were trading at ₹ 405.00 apiece. Kansai [...]
Shares of Birlasoft Limited gained approximately 7 percent today and closed at a price of Rs 308. Ace Investor Mr. Ashish Dhawan holds 2,764,615 shares equating to a 1.01 percent stake in the company. The holding value of the investment sums up to around Rs 85 crores. The surge in stock prices is observed after [...]
Stocks of Sterling Tools Limited are in the red today witnessing a deep fall in prices. The scrip currently trades at Rs 369, nearly 13 percent down as compared to the previous closing levels of Rs 423.30. In the last month, the stock has fallen approximately 15 percent ranging from Rs 432 to the current [...]