Shares of a leading Infrastructure Finance Company surged 3.4 percent on BSE to Rs. 563.25 on Wednesday, after signing MoUs worth Rs. 1.12 lakh crores with RE developers, and announcing that the company’s loan book is expected to reach Rs. 10 lakh crores by 2030. With a market capitalisation of Rs. 1.43 lakh crores, at [...]
Anil Ambani-backed stocks in the infrastructure and power transmission sectors are drawing attention in Wednesday’s trading session. After clearing substantial debt, these stocks have surged over 5 percent and hit the upper circuit limit, reflecting strong investor confidence and renewed interest. Share Price Movement In Wednesday’s trading session, Reliance Power Ltd’s shares reached the 5 [...]
Corporate action is when a publicly listed corporation makes substantial changes that affect its shareholders and financial structure. Actions that impact a company's securities include dividends, stock splits, mergers, acquisitions, rights issues, and other related events. Shareholders may experience changes in ownership, stock value, or entitlements following corporate activities. A stock split is a business [...]
The shares of this engineering company rose to an intraday high of Rs. 187.45 from a day low of Rs. 175.10 in NSE after receiving an order worth Rs.12.58 crores from National Aluminium Company Limited. With a market capitalization of 261.01 crores, the shares of Konstelec Engineers Limited closed at Rs. 180.90 per share increasing [...]
The shares of this smallcap company jumped upto 2 percent after Goldman Sachs, SBI Life Insurance and ICICI Prudential Life Insurance bought shares in the company via Bulk Deals. On a YTD basis, the stock has delivered more than a 30 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 7,903 [...]
Shares of this leading Indian energy company engaged in multiple facets of the power sector, jumped nearly 7 percent following the signing of a Memorandum of Understanding (MoU) with the Government of Gujarat to develop solar and wind energy projects. Share Price Variation In Tuesday’s trading session, Torrent Pharma Limited's share price hit an intra-day [...]
The shares of this smallcap company jumped upto 3 percent in Monday’s trading session after it announced that it is poised for growth as the Government of India announces a major infrastructure initiative. Price Movement: With a market capitalization of Rs. 7,732 crores, the shares of Responsive Industries Ltd started Monday’s trading session on a [...]
Tata Mutual Funds managed by Tata Asset Management Limited is a prominent asset management company in India, that offers a range of investment options to investors through mutual funds to invest in equity, debt, hybrid, and other financial instruments tailored to different risk appetites and financial goals Market leader/Monopoly stocks refer to shares of companies [...]
India's tyre recycling industry has significant growth potential to grow ten times in size considering the surging sales and year-on-year growth registered by the domestic automobile industry, with estimates suggesting that the market size could reach Rs. 350 billion in the coming 5 to 10 years. Presently, the industry is valued at nearly Rs. 35 [...]
Earnings Per Share (EPS) is a key financial metric that measures a company's profitability by indicating how much profit each outstanding share of common stock has earned. A higher EPS suggests greater profitability and is often associated with higher stock values, as investors are willing to pay more for shares of companies that demonstrate strong [...]
