The shares of Trent Limited, a Tata Group company gave multibagger returns in the past 22 years as its share price surged from ₹ 13.42 apiece to ₹ 1395.60. A few investors remain invested in companies because they buy shares and tend to hold them for a long period. If an investor would have invested [...]
The share of Hero Motocorp has given a negative return of more than 29% in the past 5 years. It was trading at ₹ 2,867 per share as of 11:30 IST on Friday. Back in August 2017, it used to trade near ₹ 4,000. During the same period, Bajaj Auto and TVS clocked a return [...]
The shares of Tata Chemicals surged 5.71% on Friday’s early trades to reach a fresh all-time high of ₹1182.40 apiece on the Bombay Stock Exchange (BSE). The company recently reported strong results for the June quarter. Tata Chemicals posted overall revenue at ₹ 3995 crores in Q1FY23, up 34% year-on-year, led by strong performance across [...]
The shares of food aggregator Zomato Limited have been on an uptrend after hitting their 52- week low of ₹ 40.60 in July this year. Its share price plummeted as market participants expected a huge sell-off after the expiry of the one-year lock-in period for its promoters and early investors. Zomato’s shares have risen from [...]
On Friday, Tata Exlsi limited became the first Tata group stock that crossed the 10k mark. In the early trading session on Friday, the stock opened at Rs 9,727 and spiked by 3% to reach its new levels of Rs 10,040. The rally continued on Tuesday, as the shares opened at Rs 10,438 and zoomed [...]
The nation's second-largest state explorer, Oil India Limited’s shares gained almost 4% during the day and quoted 1.17% higher at ₹190.15 on Friday’s closing bell. This happened after the company reported robust earnings for Q1FY23. The company’s net profit tripled to ₹ 1555.46 crores in the April to June quarter of 2022 from ₹ 507.94 [...]
Apparel manufacturer Page Industries Ltd on Friday became the second stock on the Indian bourses to cross the share price of ₹ 50,000 apiece on Friday’s early deals after it reported a multi-fold jump in the first quarter net profit. Its shares reached an all-time high of ₹ 50,350. Apart from Page Industries, MRF has [...]
The shares of Wonderla Holidays, a small-cap amusement parks operator hit the upper circuit of 20% on Thursday. The stock advanced Rs. 55.80 or 19.99% to touch hits 52-week high of Rs. 334.95 per share. The company declared its results at 1:30 PM IST after which the stock surged to hit its upper circuit limit. [...]
The Indian indices opened in green on Thursday. The Sensex was up 585.21 points or 0.99% and opened at 59402.50, and the Nifty was up 161.40 points or 0.92% at 17696.20. With the rising markets, here are two Rakesh Jhunjhunwala stocks that have reached their 52-week high and analysts see a further upside of up [...]
Telecom major Bharti Airtel reported a 466% surge in its consolidated net profit at ₹ 1,607 crores for the June quarter of 2022, boosted by subscriber additions. It had reported a net profit of ₹ 284 crores in the corresponding quarter last year. Airtel’s consolidated revenue from operations rose 21% to ₹ 32,805 crores in [...]
