Following the release of FY24 financial results, which showed a growth in the net profit by 67.6 percent YoY, the share price of a large-cap pharma company jumped by nearly 5.7 percent on BSE to hit a new 52-week high at Rs. 4,356.85 in Monday’s trading session. With a market capitalisation of Rs. 1.13 lakh [...]
Following the release of FY24 financial results, which showed a growth in the net profit by 558.2 percent YoY, the share price of one of the leading shipbuilding & repair yards in India jumped by nearly 10 percent on BSE to hit a new 52-week high at Rs. 2,100 in the Monday’s trading session. With [...]
Shares of this large-cap company jumped around 8 percent in Monday’s trading session after receiving a project worth Rs. 187.34 crores from Maharashtra Metro Rail Corporation. In just six months, the shares have delivered a multibagger return of 128 percent to its shareholders. With a market capitalization of Rs. 79,283 crores, the shares of Rail [...]
The company that manufactures aluminum castings for automotive, defense, and energy sectors has seen a 28% increase in its shares over the last 12 months. Alicon Castalloy Ltd (ACL), formerly Enkei Castalloy Limited, specializes in manufacturing automotive castings. The company primarily produces aluminum alloy die castings for the automotive industry in India. Additionally, ACL's product [...]
India's startup ecosystem is vibrant and rapidly evolving, with numerous startups making waves in various industries. The top startups in India are those that are answering the everyday needs of the more than 1.3 billion people who live in the country. India's startup ecosystem is a hotbed of innovation and entrepreneurship, with a mix of [...]
CAGR, or Compound Annual Growth Rate, is a crucial financial metric used to measure the annualized growth rate of an investment over a specified period. It provides a smooth representation of growth, factoring in compounding effects. Widely utilized in assessing business performance and investment returns, CAGR offers insights into long-term trends. Here are the 3 [...]
During the Q4 earnings season, many large and blue-chip stocks have announced remarkable results over the past month, triggering indices to rally to new highs. Moreover, investors are keenly awaiting the upcoming results for the last week of May 2024. Here are six stocks that will announce their Q4FY24 results next week: DCM Ltd The [...]
The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 1,711.45 points ending the week at 75,410.39 and the Nifty 50 index gaining around 579.50 points ending the week at 22,957.10. In the last five trading sessions, the Sensex gained approximately 2.32 percent while the Nifty 50 index gained around 2.59 [...]
Green energy, also known as renewable energy, encompasses sustainable sources like solar, wind, hydroelectric, and geothermal power. With increasing environmental concerns and the desire for energy independence, the global shift towards green energy has gained momentum, offering cleaner alternatives to traditional fossil fuels while reducing carbon emissions and combating climate change. Here are three AI [...]
Tata Group was founded in the year 1868 by Jamsetji Tata. One of India's largest conglomerates, this company is owned by Tata Sons. The second biggest business house in India with the highest number of companies listed on the stock exchange. The Compound Annual Growth Rate (CAGR) is a financial metric that measures the average [...]
