India has been emerging as a superpower, particularly in terms of its economy, with the defence sector playing a crucial role in fostering its advancement. India's defence sector has attracted attention for its record-breaking exports, totaling Rs 21,083 crores in the 2023-2024 fiscal year. This marks a notable 32.5% increase from the previous year, showcasing [...]
A company is said to be ‘financially strong’ when it portrays a specific set of characteristics such as strong and consistent financial performance, low leverage ratios, and good management. Listed below are some of the fundamentally strong stocks that are currently trading at a discount of up to 30.2 percent compared to their 52-week high [...]
Share price of India's Leading EV Charger & Telecom Power solutions provider moved up by 10.8 percent on BSE to hit an intraday high at Rs. 283.95 in the trading session of Wednesday, after reporting FY24 financial results with a rise in net profit by 205.5 percent QoQ. With a market capitalisation of Rs. 3,254.41 [...]
The share price of one of India’s leading warship builders gained around 12 percent to a 52-week high of ₹3,400.35 per share after the company reported a strong net profit rise of 73% in FY24 financial result. At 3:20 p.m., Mazagon Dock Shipbuilders Ltd (MDSL) shares were trading at ₹3,365 per share, up 10.80 percent [...]
The infrastructure sector in India is an important driver of the country's economic growth. Infrastructure stocks in India refer to companies involved in developing and operating infrastructure projects such as roads, bridges, airports, and power plants. The infrastructure stocks in India offer promising investment opportunities. Listed below are the stocks that have recorded decent results [...]
Penny stock engaged in the business of trading life essentials like food, clothing, infrastructure, energy, and many more hit a 2 percent upper circuit upon announcing the Rights Issue of Equity shares of the company and fixing the record date. With a market capitalization of Rs. 356 Crores, the shares of Integra Essentia Limited were [...]
The shares of this monopoly firm in the railway service sector fell 5% and touched an intraday low of Rs 1,028 after the company’s margins dropped to 24% in Q4FY24. At 1:26 p.m., On Wednesday’s trading session, the shares of Indian Railway Catering and Tourism Corporation Ltd (IRCTC) were trading at Rs 1,045 a piece, [...]
Shares of one of the leading infrastructure firm gained 3.4% to ₹ 531.60 apiece after the company received ₹56.38 crore as a bonus for completing the project ahead of the scheduled date. With a market capitalization of ₹ 13,494 crore, PNC Infratech Ltd belongs to the small-cap category of stocks. On the second half of [...]
Realty stock engaged in the business of real estate development, leasing, hospitality, and related services jumped 7 percent in the day’s trade upon posting its Q4FY24 results with a 278 percent QoQ jump in Net Profits. With a market capitalization of Rs. 28,806 Crores, the shares of Brigade Enterprises Limited were trading at Rs. 1,246.50, [...]
Share price of a leading global producer of Cellulosic Fibres, Diversified Chemicals, Fashion Yarn and Fabrics producer in India, moved up by 0.74 percent to hit an intraday high at Rs. 2,459 on Wednesday, after one of the key promoters increased its stake from 19.1 percent to 23.18 percent in the company. With a market [...]