Shares of ethnic wear manufacturer TCNS Clothing crashed 20% on Monday and witnessed its biggest single-day drop since its IPO in 2018. Its share price reached an intraday low of ₹ 416.75 apiece on the Bombay Stock Exchange (BSE), after announcing its merger with Aditya Birla Fashion and Retail Limited (ABFRL). TCNS Clothing is the [...]
Investors emphasize foreign institutional investments (FIIs) before investing in the stock marketbecause they have a tendency to pull the market in any direction. The FII data has been crucial inpredicting market sentiments over the years as any increase by them tends to show a positivesentiment about the stock. Having said that, here are three stocks [...]
Shares of D-Link (India) Limited tanked nearly 9 percent today and currently trade at Rs 251. Ace Investor Mr. Ashish Kacholia has invested in the stock and currently holds 7,50,000 shares with a holding value of about Rs 18.8 crores. The company recently announced results for Q4 as well as for FY22-23. Details of the [...]
Benchmark indices were in the red today with Sensex losing around 695 points and closed at Rs 61,054.29 and Nifty losing about 187 points and closing at Rs 18,069. Listed below are 6 stocks that are recommended by Brokerages for an upside of up to 56 percent: PI Industries Limited PI Industries Limited manufactures, distributes, [...]
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 [...]
Domestic equity benchmarks BSE Sensex and NSE Nifty 50 opened higher on the first trading day of the truncated week. The Sensex opened 189 points or 0.31% higher at 61,301.61 points and the Nifty opened 92.80 points or 0.51% higher at 18,124.80 points. Amid a sell-off on HDFC Twins on Friday, the Indian indices closed [...]
A company is said to be ‘fundamentally strong’ when it runs its operations on lower debt levels and possesses the ability to survive stressful scenarios in the industry and the economy as a whole. Listed below is one of such fundamentally strong companies engaged in the Automobile sector: TVS Motor Company Limited TVS Motor Company [...]
Shares of Kenvi Jewels Limited opened its trading hour today at Rs 138 and are currently locked in the 5 percent upper circuit. Moreover, it touched the 52-week high mark at a price of Rs 138.75. In the last 5 trading sessions, the stock has gained more than 20 percent ranging from Rs 115.15 to [...]
With a market capitalization of ₹ 1,670 crores, Sirca Paints India is a small-cap company that manufactures, sells and exports wood coatings and other decorative paints under the brands Sirca, Unico and others. Its paints and textures include interior, exterior, wall primer, finishes/effects and wall putty. According to an exchange filing, the company has announced [...]
Tata Motors, a Tata Group company, in an exchange filing, informed that it has scheduled a board meeting on Friday, May 12, 2023, to consider the proposal of declaration of a dividend on its ordinary shares and ‘A’ Ordinary shares for the financial year ended March 31, 2023. This matter will be discussed along with [...]
