The Stocks of Nestle India hit the 52-week low on Monday when its share price declined by -2.85%. Nestle India Limited is a subsidiary of Nestle, a Swiss MNC, and operates in the Food segment. It is a large-cap company with a market cap of Rs 159,246.95 Cr. The stock is currently trading at a [...]
Ace Investor Rakesh Jhunjhunwala holds 2.5 Crore shares with holdings worth ₹ 246.5 Crores as per March 2022 data. This translates to a 1.5% stake. The share price of this company has dropped by 23.30% in the past month. The Jhunjhunwalas collectively held 5 crore shares or a 2.72% stake in the company till the [...]
There was a 9% jump in the Nifty Bank Index in the last year, however, the shares of Kotak Mahindra Bank were almost flat. The bank’s Q4 results have managed to impress the street on a few counts with discussions shifting away from loan growth to deposit accretion. The private sector lender on Wednesday reported [...]
Varun Beverages Ltd, PepsiCo's largest franchise bottler, has reported a nearly two-fold jump in consolidated net profit to Rs 271.09 crore for the first quarter ended March 2022, driven by volume growth and improved revenue. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 136.75 crore [...]
Bajaj Finance on Tuesday reported a 79.67% year on year (YoY) increase in its consolidated net profit. In the quarter ended 31 March 2022, it reported a consolidated net profit of ₹ 2,419.51 crores, as compared to ₹ 1,346.64 crores during the same period last year. The company said that this was its highest ever [...]
When we keep a track of stocks, knowing who has the highest or significantly high holdings can provide insights into material information about a company. When FIIs and DIIs have a significant shareholding, it sends out a positive signal. These institutional holders take exposure to equity after a thorough analysis of a company’s fundamentals and [...]
In the last year, the share price of Coforge Limited has increased from ₹ 2808.10 levels to ₹ 4015.00 levels, up 42.98%. The share’s 52-week high is at ₹ 6135.00 and its 52-week low is at ₹2785.00. If an investor would have invested ₹ 1,00,000 in the share a year ago, then the value of [...]
Tata Consultancy Services, the biggest cash cow for Tata Sons opened the fourth-quarter earnings season by earning a net profit of ₹9,926 crores, a growth of 7.35% year-on-year (YoY). The numbers met the estimates at the D-Street and the company’s shares rose nearly 1% on Tuesday. However, its share price has fallen during the last [...]
Last week, the market was caught in a bear trap due to profit booking and selling pressure amid the intensified Ukraine crisis, FII outflow and higher oil prices. Experts say that if the Nifty 50 breaches 17,600 to 17,700 levels, it may move beyond 17,800-to 17,900 levels. On Monday, Indian indices witnessed a negative start, [...]
As per the latest shareholding pattern of Nahar Spinning Mills, seasoned investor Anil Kumar Goel has increased his stake in the multibagger. Ace investor Dolly Khanna’s name was also among the key shareholders as of March 31, 2022. Dolly Khanna held 3,81,973 shares or a 1.06% stake in the company as of March 31, 2022. [...]
