In the latest quarter, FIIs invested $2.5 billion in the banking industry, greatly boosting it. Increased investment in the industry reflects rising trust in its stability and development potential, resulting in higher stock prices and improved market sentiment. Here are the PSU stocks in which FII increased its stake in Q1FY25. NHPC Ltd NHPC, a [...]
Dolly Khanna is a well-known Indian stock market investor based in Chennai. She has been actively investing in the stock market since 1996, with her portfolio managed by her husband, Rajiv Khanna. Dolly Khanna is known for her ability to identify lesser-known but fundamentally strong companies that have the potential to deliver outsized returns, often [...]
The shares of this microcap company locked 5 percent upper circuit after receiving an order worth Rs. 8 crores from Goa Coastal and Environment Management Society. The shares have delivered more than 80 percent to its shareholders in one year. Price Movement: With a market capitalization of Rs. 120 crores, the shares of Ahasolar Technologies [...]
Jefferies Group is a leading provider of comprehensive investment banking and capital markets services. The firm offers a wide range of services, including capital markets facilitation, financial advisory, institutional brokerage, securities research, and asset management, to meet the diverse needs of its clients. According to Jefferies, gold non-banking financial companies (NBFCs) are likely to benefit [...]
India's Data Center market is experiencing robust growth driven by a significant increase in virtualization, cloud computing, and public data generation. The market is projected to grow at a CAGR of 12 percent from 2019 to 2024. Additionally, NASSCOM forecasts that cloud spending will grow at a CAGR of 30 percent, reaching $7.1 Billion annually [...]
The cement industry is a key sector in India, playing a vital role in the country's infrastructure development and economic growth. As the second-largest cement producer globally, India accounts for around 7 percent of the world's cement capacity. Moreover, the cement industry is expected to continue expanding, with production forecast to reach 550 to 600 [...]
The shares of this small-cap company are expected to be in focus after reporting an increase in net profits by 69 percent during Q1FY25. The stock has delivered more than 20 percent returns to its shareholders in one year. Price Movement: With a market capitalization of Rs. 8,803 crores, the shares of Just Dial Ltd [...]
India is the largest global supplier of generic drugs and the Indian pharmaceutical industry is growing rapidly, projected to reach $65 billion by 2024 and $130 billion by 2030. Growth is driven by increasing R&D investments, government initiatives, and rising domestic healthcare demand Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicate [...]
India's Automobile and Auto Components industry is a major player, contributing over 7% to the GDP. With annual production exceeding 26 million vehicles, the sector supports more than 35 million jobs. The auto components industry alone is worth $57 billion, with exports totaling $15 billion. With a market capitalization of Rs 7,137.67 crore, on Tuesday, [...]
With a market capitalization of Rs. 3,444 crores, the shares of the company started Tuesday’s trading session on a higher note at Rs. 115.24, locking a 5 percent upper circuit compared to its previous close of Rs. 109.76 apiece. Looking at Apollo Micro Systems Ltd financial performance, the revenue magnified by 48 percent from Rs. [...]