Banks with lower NPA percentages are perceived as more stable and credible. They have a more robust loan portfolio and a reduced risk of default, both of which are crucial for financial stability. A lower NPA ratio, on the other hand, does not always mean that a bank is fully risk-free. Market circumstances, economic slowdowns, [...]
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 three stocks that received orders from Maharashtra [...]
Following are the two companies—one in the healthcare industry and the other in the tyre and rubber industry—that witnessed fluctuations in the share prices following the release of their Q4 FY23-24 and FY24 financial results, through the recent filings with the stock exchanges on Tuesday post-market hours. Metropolis Healthcare Limited Share price of a leading [...]
The shares of the leading tyre manufacturers gained up to 6 percent despite White Iris Investment's likely to sell 2.24 crore equity shares of the company in the block deal to raise Rs 1,040 crore. With a market capitalization of Rs 31,151.70 crore, the shares of Apollo Tyres Ltd were trading at Rs 490.50 per [...]
The stock price of India's leading public limited non-government company dropped to ₹1,201 apiece after HDFC Bank sold its entire stake worth ₹150 crores in the company. At 1:10 p.m., Protean eGov Technologies Ltd shares were trading at ₹1,195 per share, down 0.88% on the Stock Exchange from the previous close price. The company has [...]
Share price of this affordable housing finance company moved up by 4.11 percent on BSE to hit an intraday high at Rs. 310 in the morning trading session of Wednesday, after Domestic Institutional Investors (DII) bought stake in the company, bringing the total deal value to Rs. 663 crore. With a market capitalisation of Rs. [...]
Shares of this smallcap company surged around 9 percent in Wednesday's trading session after entering into an arrangement with BSNL for an aggressive rollout of sites on the IP1 model across India. With a market capitalization of Rs. 1,247 crores, the shares of Suyog Telematics Ltd started Wednesday’s trading session on a higher note at [...]
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. This group boasts of several industry-leading companies like TCS, Tata Motors, Tata Steel, Tata [...]
Public Sector Undertakings (PSUs) in India, contribute significantly to the economy, encompassing over 300 enterprises. With a combined turnover of approximately $350 billion, they operate in sectors like energy, mining, and infrastructure, generating substantial employment and accounting for nearly 20% of the nation's industrial output. Here are the 3 stocks whose net profit increased up [...]
In India, the chemical industry plays a crucial role in the economy by supplying essential raw materials and finished products to various sectors, including pharmaceuticals, agriculture, automotive, textiles, and construction. This dynamic industry, with significant growth potential, is constantly evolving. India produces a wide range of chemicals, contributing 7% to the nation's GDP. The industry [...]
