Infosys Ltd shares witnessed a deep fall in stock prices after the ADR effects in US markets past week. The stock is down around 11 percent today trading at a price of Rs 1,237. It hit the 52-week low mark today at Rs 1,185.30. In the last five trading sessions itself, the stock has dipped [...]
The Nifty witnessed a 1000 points bounce in the past 15 sessions (5.9%) and the broader markets have done quite well too. In fact, the Nifty is only 6% away from its all-time high. The earnings season has begun. TCS and Infosys disappointed the street by missing analyst estimates. As far as the global scenario [...]
The Piotroski score is a score between zero and nine, that reflects nine criteria used to determine the strength of a company’s financial position, with nine being the best and zero being the worst. The score considers net income, return on assets, operating cash flow in the current year, gross margin, asset turnover ratio, dilution [...]
Technocraft Industries (India) Ltd shares hiked more than 5 percent as of Thursday 13th Apr closing at a price of Rs 1,505.05. The stock, trading near its 52-week high figure of Rs 1,541.80, has gained around 10 percent in the last five trading sessions. It witnessed an intra-day high figure of Rs 1,528 representing an [...]
What is ‘Dividend’? Dividend refers to a reward, cash or otherwise, that companies give to their shareholders. It can be issued in various forms such as cash payments, stocks, or in any other form. Decisions pertaining to dividends are made by the board of directors of the company and require shareholder approval. Listed below are [...]
Domestic benchmark indices started the truncated week on a positive note. The BSE Sensex opened at 59858.98 points and the Nifty at 17634.90 points. The markets remained closed on Friday on account of Ambedkar Jayanti. On Thursday, the markets closed for the week in the green, after extending their gaining streak to 9 days, the [...]
Infosys Limited closed in the red yesterday dipping more than 3 percent with a closing price of Rs 1,383.40. With such a fall in the prices, the stock has reached near to its 52-week low levels which were noted at a price of Rs 1,355. On 13th April, after market hours, the company announced the [...]
The Tata Group has come up with an initial public offering (IPO) almost twenty years after its flagship company Tata Consultancy Services (TCS) debuted on the bourses in 2004. It is planning to list Tata Technologies, a unit of carmaker Tata Motors, according to draft papers submitted to the market regulator. Tata Technologies provides engineering [...]
Hunter Beer’s maker Som Distilleries And Breweries’ shares were in focus as ace investor Dolly Khanna bought a stake in the company. Its shares closed at ₹ 150.65 apiece on Thursday. Dolly Khanna is known for buying the shares of lesser-known small-cap and mid-cap companies. Her portfolio is managed by her husband Rajiv Khanna and [...]
Edvenswa Enterprises Limited shares were locked in the 5 percent upper circuit yesterday at a price of Rs 54.99. In the last 5 trading sessions, the stock has rallied approximately 27 percent ranging from Rs 43.22 to the current price level. Such a movement in the stock price was noticed after Ace Investor Porinju Veliyath [...]
