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Top Multibagger Stocks in the Nifty Indices: A Two-Year Performance Review

Top Multibagger Stocks in the Nifty Indices: A Two-Year Performance Review

22 May 2024

Nifty 50 Multibagger Companies Over the past two years, the Nifty 50 index has seen significant gains from several companies, particularly in the auto sector. The top five multibagger stocks in this index are: Sr.No Company Name 2Y Return (%) 1 Mahindra & Mahindra Ltd. 179.12 2 Coal India Ltd. 163.86 3 NTPC Ltd. 148.66 …

Max Healthcare’s Record-Breaking Quarter: Revenue and EBITDA Surge

Max Healthcare’s Record-Breaking Quarter: Revenue and EBITDA Surge

22 May 2024

Max Healthcare Institute Ltd. (MHIL), one of India’s largest private sector healthcare services companies, reported its highest-ever quarterly revenue and operating EBITDA for the fourth quarter of the fiscal year ending March 31, 2024. The network’s gross revenue surged to Rs 1,890 crore, reflecting a year-on-year growth of 15%. Operating EBITDA grew in tandem, reaching …

Top 10 Dividend-Yielding Stocks in Nifty 50

Top 10 Dividend-Yielding Stocks in Nifty 50

22 May 2024

Investing is a matter of balancing the pros against cons like risk vs reward or capital appreciation vs high yields. If you are an investor who is looking to add dividend stocks to your portfolio, check out these top 10 dividend-paying stocks from the Nifty 50. Leading Dividend-Paying Stocks in Nifty 50 Best Dividend Paying …

How Big is L&T Company?

How Big is L&T Company?

22 May 2024

L&T in the Global Construction Arena Larsen & Toubro (L&T), an Indian multinational engaged in technology, engineering, construction, and financial services, has shown remarkable growth and resilience in the face of global economic volatility. With its revenue fluctuating between the fourth and seventh positions globally, L&T stands as a testament to India’s industrial proficiency. Sr. …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

22 May 2024

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Irb Infrastructure Developers Ltd Irb Infrastructure Developers Ltd experienced a notable trading session today. The stock hit a high of Rs 74.4, with a significant traded volume of 125,754,588 shares. It is currently …

Sun Pharma FY24 Q4 Results: Net Profit Up By 34%

Sun Pharma FY24 Q4 Results: Net Profit Up By 34%

22 May 2024

Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) in more than 100 countries across the globe. It is the largest pharma company in India. The company has reported its Q4 FY 2023-24 earnings today. Q4 Performance of Sun Pharma …

Intellect Design Arena Launches Intellect Digital Core for Cooperative Banks

Intellect Design Arena Launches Intellect Digital Core for Cooperative Banks

22 May 2024

On May 22, 2024, Intellect Design Arena Limited announced in an exchange filing the launch of the Intellect Digital Core (IDC) for Cooperative Banks in India. This comprehensive, enterprise-level banking technology solution comprises eMACH.ai, the world’s most extensive open finance platform crafted with ‘First Principles’. Leveraging the composable and contextual core banking technology utilised by …

JK Tyres Sets up for Rs.1,400 Cr expansion capex

JK Tyres Sets up for Rs.1,400 Cr expansion capex

22 May 2024

JK Tyre & Industries, a prominent player in the Indian tire market, has announced plans to invest a significant sum of Rs.1400 crore over the next two years to increase its production capacity; the decision comes from the growing demand for truck, bus, and passenger car radial tires in the domestic market. Rs.1400 Cr Investment  …

Market Capitalisation of BSE Listed companies hits $5 trillion first time

Market Capitalisation of BSE Listed companies hits $5 trillion first time

22 May 2024

Yesterday, the combined market capitalization of companies listed on the Bombay Stock Exchange (BSE) surged past the unprecedented $5 trillion milestone. This significant milestone highlights India’s increasing importance in the global financial sphere. Record Highs and Fluctuations Despite closing with a slight decline, the  Sensex exhibited resilience throughout the trading session. At its peak, it …

Vodafone Idea to Raise Rs.2,075 Cr via Preferential Allotment of Shares to AB Group

Vodafone Idea to Raise Rs.2,075 Cr via Preferential Allotment of Shares to AB Group

22 May 2024

Vodafone Idea announced that its board has approved a plan to raise up to Rs.2,075 crore through a preferential share issue to Oriana Investments, an entity of the promoter Aditya Birla Group. This decision was conveyed via a regulatory filing, confirming the issuance of 139.54 crore equity shares to Oriana Investments Pte Limited. Share Issue …

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