The shares of Hindustan Aeronautics Ltd. (HAL) increased by 4.7% to touch their near 52-week high of Rs 2,850 during the early hours of trading on Friday. This rise comes on the back of Defence Minister Rajnath Singh approving a large capital project worth Rs 70,584 crore to indigenously procure military hardware equipment. On Wednesday, [...]
Navratna-status National Aluminium Company (NALCO) Ltd. is one of the low-cost bauxite and alumina producers globally. Along with this, it is also a prominent alumina exporter in India. Incorporated in 1981, it is a government company under the Ministry of Mines, Government of India. It has a market capitalization of Rs 15,000 crore. The alumina [...]
With a market capitalization of ₹ 63,874 crores, Tata Consumer Products Ltd. (TCPL) is a large-cap Tata group stock with a presence in the food and beverages business in India and internationally. It is one of the largest tea companies globally and has a significant market presence and leadership in many markets. Tata Consumer’s shares [...]
Domestic Benchmark Indices were trading in a volatile session on Thursday. The thirty-share BSE Sensex was trading 0.46% higher at 57823.30 points and the fifty-share NSE Nifty 50 was trading at 17,044.80 points, up 0.43% at 02:40 PM on Thursday. In an otherwise volatile market, here are two fundamentally strong stocks with an upside of [...]
The tobacco giant ITC has been one of the most loved stocks by Indian investors lately. In the last 12 months, the stock of cigarettes to flour maker has surged a whopping 56%. While during the same period, the benchmark NIFTY 50 index trades almost flat at the present 16,930 level. Headquartered in Kolkata, ITC [...]
Shares of Samvardhana Motherson International Ltd (SAMIL) plunged 14% to reach an intraday low of ₹ 66.05 apiece on the National Stock Exchange (NSE) after its promoters sold a stake in a large deal. Its shares were trading at ₹ 69.05 apiece at 12:07 PM on Thursday. Sumitomo Wiring Systems (SWS), Japan and its 100% [...]
The shares of Patanjali Foods Ltd. (Ruchi Soya Industries Ltd.) got locked in the lower circuit after falling 5% during the early hours of trading on Thursday. This comes on the back of the company notifying that the stock exchanges froze the promoters' shares as they hold a majority 80.82% stake in the company. In [...]
Many retail investors prefer to walk into the steps of heavyweight individual and institutional investors when it comes to making investment decisions. The mindset behind this approach is that large investors such as mutual funds, ace investors, endowment funds, etc. have a better understanding of the stock market because of their research capabilities. Unlike the [...]
State-owned aerospace and defence company Bharat Electronics Limited (BEL) has announced the record date for the second interim dividend. Its shares were trading at ₹ 93.45 apiece at 02:56 PM on Wednesday. According to an exchange filing, the company has announced a dividend of 450.00% on the face value of its shares of ₹ 1. [...]
The stock of Alok Industries Ltd., a Reliance Group stock, rallied up 12.20% to Rs 13.70 per share during the first half of the trading session on Wednesday, March 15. Part of the Mukesh Ambani-led Reliance Industries, Alok Industries is a small-cap textile company in the cotton and polyester industry. Reliance Industries had purchased erstwhile [...]
