The shares of Jindal Saw zoomed 8.48 percent on Thursday’s early trades to reach a fresh 5-year high of ₹ 177.10 apiece on the National Stock Exchange (NSE) after volumes jumped at the counter. 7.427 million shares changed hands at the counter on Thursday, against 4.341 million shares on Wednesday. In the past three months, [...]
Usha Martin Limited jumped around 7 percent today as compared to the previous closing price. The stock opened its trading session at Rs 197 and currently trades at Rs 210 which also makes the company eligible to tick off its 10-year high figures. Over a horizon of 1 year, it is visible that the company [...]
The shares of Titan Company, a Tata group stock, declined marginally and closed at Rs 2,397 levels. The stock has been on a downward trend and has shed 3 percent in a month and over a six months period, it has declined by 8 percent. Titan Company Limited, which commenced its operations in 1984, is [...]
Along the lines of the ‘Atmanirbharta’ vision of the Union Government, the defence ministry signed two contracts on March 7, Tuesday with Hindustan Aeronautics Ltd. (HAL) and Larsen & Toubro (L&T) Ltd. to indigenously procure training aircraft and ships for a total value of Rs 9,900 crore. Following the update, the stock of HAL surged [...]
The Board of Directors of Allcargo Logistics, at its Meeting held on Monday, i.e., 6th of March 2023, approved the declaration pertaining to the Interim Dividend of ₹3.25 per share which is equivalent to 162.5% on a face value of ₹2/- each. The record date has been decided to be 15th March. The dividend yield, [...]
Nettlinx Ltd, on Monday, declared 1st interim dividend for the financial year 2022-23 of Rs. 0.40 per share on a face value of Rs 10/- each. The record date has been fixed to be 17th March. Apart from the dividend declaration, they also announced a bonus issue in a 1:1 ratio with the record date [...]
The shares of various Indian gas companies across different verticals have been clocking their 52-week highs or near 52-week highs recently. This is alongside the two recent developments in the gas sector: a sharp drop in liquefied natural gas (LNG) prices and an increase in LPG cylinder prices. Spot LNG prices have come down by [...]
The shares of Kirloskar Oil Engines Ltd jumped nearly 15 percent after a huge block deal involving 25 million shares traded hands in the early hours of Wednesday, as per the data on NSE. The deal value is estimated to be around Rs 825 Crores. Though the details of the buyers and sellers were not [...]
In the past twelve months, the stock of the Federal Bank has rallied over 50%. The shares of the company were trading at around Rs 135 a piece during the early hours of trading on Wednesday. This is twice the gains of NIFTY Bank, the benchmark bank index during the same period. It has surged [...]
Some parts of the country are celebrating the festival on March 07, while a few others are celebrating on March 08. Indian equity markets have outperformed their global peers for the most part of the last year. In this report, we’ll take a look at stocks that have given multibagger returns since last year. Banking [...]
