Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 index commenced trading at 19,977 and eventually concluded at 20,097, marking a gain of 207 points or 1.04% compared to yesterday’s closing level of 19,890. Meanwhile, the BSE Sensex concluded at 66,902, showing a positive trend. Among …
Market Update The Sensex is showcasing a rise of 0.79%, and the Nifty is experiencing an uptick of 0.73%. This positive momentum extends to the broader market, where the Nifty Midcap has marked a significant 1.16% increase, and the Nifty Smallcap has registered a 0.69% uptick. Top performers in the market include Nifty Media, Nifty …
In the financial years spanning from 2020 to 2023, Indian companies, including those listed in the Nifty 50 have demonstrated impressive resilience and recovery in their corporate earnings. Notably, the net profit for Nifty 50 witnessed a substantial compound annual growth rate (CAGR) of 22%. Looking forward to the fiscal year 2025, projected growth of …
Dividend is the amount from a company’s profits that is distributed among its shareholders. It serves as an incentive for investors to put their money into a company’s stock. Dividend distribution has a dual effect. On one hand, it can boost the stock price in the short term as the additional cash flow attracts more …
Sharda Motor Industries is currently trading at Rs 1345 with a chart pattern breakout sustaining the momentum. The stock price has formed a flag chart pattern, which is a trend continuation pattern. Flag Chart Pattern A flag chart pattern is a technical analysis pattern that indicates a continuation of the prevailing trend. It is characterized …
The shares of Dr. Lal PathLabs Ltd are trading around Rs 2220 on BSE. Today it opened at Rs 2175.05, almost flat opening from the previous day’s closing price of Rs 2168.25. Its 52-week highs and lows are Rs 2752.15 and Rs 1762.70. The current market capitalisation of the company is Rs 18526.78 Crore. The …
On August 10, 2023 during market hours and shortly before closing West Coast Papers declared its results for the quarter ended on June 30, 2023 or Q1FY24. Following the announcement, the company’s shares experienced a turnaround starting to increase and surging upto 22%. Company has reported a 32% rise in its net profit at Rs …
NINtec Systems Ltd – Company Overview NINtec Systems Limited, headquartered in Ahmedabad, Gujarat, is a dynamic and forward-looking technology company that focuses on software development and innovative solutions. With a global presence, they assist businesses in leveraging the potential of state-of-the-art technology to overcome obstacles and foster progress. It specialises in delivering customized IT solutions …
Natural Capsules, which is a top-growing manufacturer and supplier of high-quality capsule shells for pharmaceutical, nutraceutical, and dietary supplement industries, has reported quarterly results for the March quarter of FY23 this week. For Q4FY23, the revenue declined 7.92% YoY to Rs 38.93 crore from Rs 42.28 crore in March 2022. Meanwhile, net profit stood at …
On Thursday, the benchmark indices were trading lower with the Sensex down around 192 points or 0.29% at 66,710 while the Nifty-50 up around 39 points or 0.19% at 20,060. About 1,626 shares have advanced, 1,722 declined, and 203 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
