Analysts at Motilal Oswal expect the growth momentum to continue in transport sector stocks due to a pick up in economic activity, normalization in transportation and government reforms that will benefit organized players in the sector. They gave a buy rating on the shares of Transport Corporation of India (TCI), on 6th April 2022 with [...]
The 30-share index and the 50-share index extended losses after a gap-down start on Tuesday’s trading session tracking weakness across global markets. Losses were witnessed across sectors like financial, oil & gas and metals. News around the Russia-Ukraine war, a rise in bond yields and increasing Covid infections affected investor sentiments. Brokerage firm Axis Direct [...]
India has banned the import of certain defence equipment in order to boost local manufacturing. As a result, analysts expect that defence stocks like Hindustan Aeronautics Ltd., Bharat Electronics Ltd., Larsen & Toubro Ltd. and others will benefit. The Indian government released its "third positive indigenisation list" of 101 items on Thursday, which comprises highly [...]
Shares of Adani Green Energy Limited (AGEL) gained 7.42% and rose to a fresh 52-week high of ₹2524.00 apiece on Monday’s early trade. The stock saw a gap-up opening at the beginning of the session this week. The stock changed 1792328 hands, with a turnover of ₹ 447 crores till 11:25 AM today. This comes [...]
In the year 2022, the Indian share market has been on a roller coaster ride that started with coronavirus cases, Russia vs Ukraine war, and global sell-offs. However, amid all these crises, there are some stocks that gave massive returns to the shareholders in a short time frame. Here is the list of the top [...]
Shares of Bigbloc Construction Limited gave multibagger returns of 1597.18% in the last three years. The share price surged from ₹ 7.20 per share to ₹ 120.55 per share during the said period. This means that if an investor would have invested ₹1,00,000 a year ago, the value of their investment would have been ₹ [...]
Shares of Tata Power Company Limited rallied 4.20% on Wednesday’s early trades and have changed 9,38,20,764 hands on the counter so far. The stock opened at ₹ 275.95 on the NSE and touched a fresh record high of ₹287.90 apiece on the BSE, due to heavy volume on improved business outlook. The share price of [...]
Adani Power was one of the top gainers among BSE 500 stocks. Its price has risen by 80.54% in the past month and by 35.93% in the last 5 days. Today, its shares surged 6.05% and are currently trading at ₹ 215.75 apiece. The stock reached its 52-week high of ₹220.80 today. The company recently [...]
5Paisa expects the Indian IT sector to witness continued growth momentum in Q4FY22, with US$ revenue growth of 2.7% QoQ(18% YoY), led by resilient demand despite the -40bps impact from cross-currency changes. The geopolitical crisis or the resultant hyperinflationary environment has not impacted the sector as much and the deal pipeline has stayed robust in [...]
The share price of Axis Bank Limited increased by 1.13% on Thursday. Currently, the shares are trading at ₹758.90. In the last five days, its share price has increased by 5.54%. Axis Bank has acquired Citi Bank’s consumer business in India for ₹12,325 crores. The sale excludes the bank’s institutional client businesses in India. Axis [...]
