Vodafone Idea, a telecom company, remains vital in serving over 219 million customers in India as a joint venture between the Vodafone Group and Aditya Birla Group. Vi is the third-largest mobile telecommunications company in India and the 12th largest mobile telecommunications network worldwide. As of 30th April 2024, Vi’s subscriber base stands at 219.08 …
What are Small-cap FMCG stocks? A small-cap FMCG stock is a share from any company listed on the stock market that deals in fast-moving consumer goods with a market capitalization of under ₹5000 crores. FMCG or ‘Fast-Moving Consumer Goods’ are non-durable goods sold quickly at a relatively low price. They not only have a low shelf …
What are Small-Cap Stocks? According to the regulations of the Securities and Exchange Board of India (SEBI), listed stocks are ranked based on their market capitalisation. Stocks that are ranked 251 and below in terms of market capitalisation are labelled as small-cap stocks. They’re often new companies that don’t have a well-established business, lack financial …
On Tuesday, shares of Coal India surged 1.50 per cent to Rs 236.40 per share from its previous closing of Rs 232.90. Coal India Limited (CIL) has reported an astounding 62% growth in its profit after tax (PAT) for the fiscal year 2022-23, amounting to Rs. 28,125 crore, a substantial increase from Rs. 17,378 crore …
Large-cap stocks are the stalwarts of the financial markets, characterized by market capitalization exceeding Rs 20,000 crore. These blue-chip companies, known for their stability and financial robustness, are pivotal contributors to the Indian economy. The top-performing large-cap stocks of 2023, as highlighted in the table below, have delivered remarkable YTD returns, making them noteworthy investments. …
It’s turning out to be a fabulous Friday for the Indian stock markets, with Nifty and Sensex trading up by nearly 1% and reaching record-high levels. Among the many notable developments, one stock has caught the attention of investors due to significant changes in its ownership structure. LIC Increases Stake in Container Corporation of India …
In the last trading session of the week, Indian equity benchmark indices surged to new all-time highs. The NSE benchmark Nifty50 index closed just shy of the 25,600 mark, highlighting a remarkable week for the markets. Stellar Performance by Nifty IT and Nifty Media Nifty IT Zooms by 4.6% The Nifty IT index witnessed an …
The stock of Indian Renewable Energy Development Agency (IREDA) Ltd. surged over 6% on Friday, reaching a record high of Rs 303.7 on NSE. This significant uptick has brought the company’s market capitalization close to Rs 80,000 crore. Consistent Gains in Trading Sessions IREDA’s stock has shown impressive performance, gaining in five out of the …
Recently, Maruti Suzuki experienced a notable stock surge, rising by 6% in a single day and it also crossed Rs.13,000 levels in the next day. This increase, observed a few days ago, was driven by the news that the Uttar Pradesh (UP) government would waive certain fees for hybrid cars. This announcement was a significant …
HCL Technologies, one of India’s largest IT companies, is set to announce its Q1FY25 results soon. According to average estimates from brokerages, the net profit is projected to be around Rs.3,745 crore. Revenue for the quarter is expected to be approximately Rs.27,997 crore, reflecting a 6.5% growth compared to Q1FY24. Comparison with Previous Quarters While …
