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Stock jumps 7.7% after company’s net profit increased by 32% YoY; Declared dividend of ₹ 100  

Stock jumps 7.7% after company’s net profit increased by 32% YoY; Declared dividend of ₹ 100  

In Thursday's early trade, the shares of a prominent integrated automation and software solution provider surged by 7.7%, hitting a 52-week high of ₹53,000 per share. This increase followed the company's announcement of a remarkable 32% year-on-year growth in net profit and a dividend payout of ₹100 per share.  At 12:05 a.m., Honeywell Automation India [...]
Stock jumps 17% after company’s net profit increased by 39% YoY

Stock jumps 17% after company’s net profit increased by 39% YoY

The shares of this ceramic tile manufacturer surged by 17% following the strong growth in net profit of 39% year-on-year.  At 11:30 a.m., Somany Ceramics shares were trading at ₹720 per share, up 15.87% on the National Stock Exchange from the previous close price. The company has a market capitalization of ₹2,964 crore.  Somany Ceramics [...]
Penny stocks in which FII increased their stake in Q4; Do you own any?

Penny stocks in which FII increased their stake in Q4; Do you own any?

Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicate a positive outlook on the company's performance, management, and prospects, thereby leading to speculation of expected future growth and upcoming changes in the company.  People choose penny stocks because of the allure of potentially high returns, the ability to buy a large number [...]
Bank stock under ₹ 300 to buy now for an upside of 30%; Are you holding it?

Bank stock under ₹ 300 to buy now for an upside of 30%; Are you holding it?

Majority of Public and Private-sector Banks have published their Q4FY24 results, and various Brokerages, based on the total income levels, NPAs, and interest margins, have provided various share price targets.  Listed below is one such Public-sector Bank stock under Rs 300 in which a Domestic Brokerage gave a ‘Buy’ call with a potential upside of [...]
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