Mid-cap stocks are known for being relatively risky as compared to large-cap companies but providing higher returns than them. According to AMFI’s recent classification of stocks, the top 100 companies that have a six-month average market capitalization of more than ₹ 48,800 crores are classified as large-cap stocks. Whereas, the next 150 companies with a [...]
Tata Communications Ltd is the primary provider of international and national voice and data transmission long-distance services, internet dial-up, broadband services and some other value-added services. The company has diversified its businesses by way of acquisitions and tapping new markets. The company’s stock opened its trading session today at Rs 1,269 and closed at a [...]
Domestic markets were trading higher on Monday, the first trading day of the financial year 2023-24, on the back of a rally in auto shares. The BSE Sensex started the week at 59131.16 points and the NSE Nifty 50 at 17427.95 points. The Reserve Bank of India’s three-day monetary policy started on Monday and the [...]
In the trading session of April 6th, 2023, Ramkrishna Forgings saw its scrip gain by over 9 percent after announcing its recent long-term project. The stock is currently trading at ₹308.4 per share, after gaining over 10 percent in the past 5 trading sessions. Ramkrishna Forgings is a ₹4,900 crore market cap engineering stock. They [...]
Avenue Supermarts Ltd shares are trading in the red today with a downfall of around 4.3 percent. The scrip opened its trading session today at Rs 3,644.85 and currently trades at Rs 3,498. Such a drop in the share price is witnessed after a reduction in the standalone revenue from operations was observed in a [...]
In the early morning session on Friday, the shares of Nandan Denim gained by over 11.4 percent, trading at ₹22.8 per share. In the past week, the stock price of Nandan Denim gained by around 45.6 percent. An investment of ₹1,00,000 in the stock would have left investors wealthier by ₹47,000 in the past 5 [...]
Rama Phosphates Ltd, Dolly Khanna-owned stock, opened its trading hour today at Rs 192.30 and currently trades at Rs 224.75 showcasing a gain of around 17 percent. The scrip has witnessed an upside of about 28 percent in a period of just 5 days. According to the data available as on December 2022, the ace [...]
Bharti Airtel Ltd stock started its trading session at Rs 762.60 and currently trades at Rs 765.70. The scrip is flat gaining around 0.30 percent as compared to the previous closing price of Rs 763.45. In January 2020, the company issued USD 1,000 million 1.50% Convertible Bonds (FCCB) due in 2025. The Bonds are convertible [...]
High dividend-paying stocks can emerge as a good bet amid volatile markets. This is particularly true in times of high-interest rates and weak global trends. Dividends are part of a company’s profits that are distributed to shareholders. Generally, companies that pay high dividends are financially healthy. Here are two high dividend yield stocks to buy [...]
Britannia Industries Ltd shares are trading flat today at Rs 4,322.50 in comparison to the previous closing price of Rs 4,324.05. In the past week, the scrip gained around 3 percent. In a recent filing with the exchange, the company informed that the Board of Directors have declared an Interim Dividend at 7200%, i.e., Rs [...]