Dolly Khanna, a Chennai-based ace investor is known for picking small-cap stocks that tend to outperform the market. Her portfolio is managed by her husband Rajiv Khanna and it typically leans towards manufacturing, textile, chemicals and sugar stocks. Rama Phosphates, a fertilizer stock from her portfolio jumped as much as 20% on Wednesday’s early trades [...]
The shares of Voltamp Transformers Ltd zoomed 139.18% in the past two years to give multibagger returns, as its share price increased from ₹ 1,152.05 to ₹ 2,755.50 apiece. If an investor would have invested ₹ 1 lakh in the company’s shares two years ago, the value of their holdings would have been ₹ 2.39 [...]
A consortium of Ramkrishna Forgings Ltd (RKFL) and Titagarh Wagons Ltd (TWL) emerged as the L1 (lowest bidder) for the manufacture and supply of Forged Wheels under Aatma Nirbhar Bharat by the Ministry of Railways, as per the financial bid opening dated March 14, 2023. According to an exchange filing, the companies will supply around [...]
Domestic benchmark indices NSE Nifty 50 and BSE Sensex ended in the red for the fourth session in a row, dragged by IT and financial shares. The thirty-share BSE Sensex settled at ₹ 57900.19 (down 0.58), and the fifty-share NSE Nifty 50 was at 17,043.30 points (down 0.65%) on Tuesday’s closing bell. Meanwhile, Xpro India [...]
Mid-cap stocks are a combination of both small-cap and large-cap stocks. They have the potential to grow like small-cap stocks and offer steady returns over a long period of time like large-cap stocks. In other words, they provide a balance between growth and stability. However, the icing on the cake is the dividend that some [...]
Life Insurance Corporation of India, in a recent filing with BSE, announced that the Corporation’s shareholding in Dr. Reddy's Laboratories Ltd has increased from 7.676% to 9.695% of the paid-up capital of the said Company with the share equivalent numbers ranging from 1,27,83,287 to 1,61,44,983 Equity Shares. Dr. Reddy’s stock started off its trading session [...]
The Nifty Next 50 is an index from the National Stock Exchange (NSE), that represents the performance of the next 50 stocks that come after the top 50 stocks (Nifty 50). These stocks are classified on the basis of their free-float market capitalization and have the potential to be included in the Nifty 50. Foreign [...]
Axita Cotton Ltd, through a recent exchange filing, announced that the Company has received a contract/award from Taraspinning Mills Limited and Khadiza Sadek Spinning Mills Limited which are based in Bangladesh for Indian Raw Cotton with the order value aggregating to USD 2,716,091.84 approximately. The timeframe within which the company has to execute the order [...]
Magellanic Cloud Ltd is a small-cap company that provides IT solutions & human capital, E-surveillance, and Drones Manufacturing & allied services. The stock is listed on the Bombay Stock Exchange (BSE), and gained 4.98% on Tuesday’s early trades to reach an intraday high of ₹ 641.45 apiece. The stock has given multibagger returns of 881% [...]
RO Jewels Limited started its trading session today at Rs 32.60 and since then it was locked in the 5% upper circuit. In a span of just 5 days, the stock has been able to deliver returns to its stakeholders at around 21.5 percent ranging from Rs 26.84 to the current price levels. Having a [...]