Shares of this Tata Group stock under the ‘mid-cap’ category fell up to 9 percent in Wednesday’s trading session despite the company posting robust financials during the quarter ended March 2024. However, some concerns were raised after the company updated its market share numbers under the “Room Air Conditioners” (RAC) segment. With a market capitalization [...]
Shares of this large-cap company jumped around 2 percent after entering into an agreement with Nokia for the manufacturing of Telecom products. The shares have delivered a multibagger return of 190 percent to its shareholders in one year. With a market capitalization of Rs. 50,438 crores, the shares of Dixon Technologies (India) Ltd started Wednesday’s [...]
The shares of this global leader in digital transformation solutions and IT services fell around 15.5 percent to Rs 538.90 per share after the company posted weak Q4 results. Sonata Software Ltd is a small-cap stock with a market capitalization of Rs 15,423 crore. On Wednesday, At 11:50 a.m., the company’s shares were trading at [...]
Shares of this smallcap company jumped around 3 percent in Wednesday’s trading session after receiving an order of Rs. 342.76 crores from the Government of Maharashtra. In one year, the shares have delivered a multibagger return of 123 percent to its shareholders. With a market capitalization of Rs. 4,805 crores, the shares of Patel Engineering [...]
Shares of this micro-cap stock associated with the ‘Cable’ industry hit its 5 percent upper circuit in Wednesday’s trading session after the company announced robust results for H2FY24, i.e., for the period ending March 2024. In the last five trading sessions, the company’s stock gained nearly 10 percent for its holders. With a market capitalization [...]
The company that is engaged in the business of designing, developing, and maintaining wireless and satellite communication products gained nearly 2 percent on Tuesday after it received an order worth ₹4.26 crore from warships and submarine manufacturer. Avantel Limited is a Small cap company with a market capitalization of ₹2,674 crore. At 11:25 a.m., the [...]
Railway Stock engaged in manufacturing metal fabrication, railway wagons, wagon components, castings, and many more jumped 2 percent in the day’s trade upon posting its Q4FY24 results with a 166 percent jump in Net Profits. With a market capitalization of Rs. 16,924 Crores, the shares of Jupiter Wagons Limited were trading at Rs. 410.50, up [...]
The shares of the leading company for engineering procurement gained up to 3.7 percent after the company’s net profit and revenue increased by 111 percent YoY and 23 percent QoQ, respectively in the fourth quarter. With a market capitalization of Rs 19,308.62 crore, the shares of K E C International Ltd were trading at Rs [...]
The Adani Group's success in India can be credited to its diversification, strong leadership, strategic partnerships, investment in infrastructure, and focus on sustainability, all of which have contributed to its growth and prominence in the business landscape. Net profit margin acts as a profitability indicator that indicates how good the company’s pricing strategy is, how [...]
A company is said to be ‘fundamentally strong’ when it portrays a specific set of characteristics, viz, strong and consistent financial performance, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock associated with the ‘NBFC’ sector that one could add to their watchlist for a potential upside of 50 percent: [...]
