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Penny stocks to watch out for Monday, 7 August 2023

Penny stocks to watch out for Monday, 7 August 2023

4 August 2023

The Sensex and Nifty closed higher by 0.74% and 0.7%, respectively. Nifty Midcap and Nifty Smallcap also ended on a positive note, gaining 0.82% and 0.76%, respectively.  Among the sectoral indices, Nifty Pharma, Nifty IT, and Nifty Bank were the top gainers, while Nifty FMCG, Nifty PSU Bank, and Nifty Auto were the top losers. …

BPCL Q4 Results: Company’s Net Profit Skyrockets 168% YoY; Dividend Declared

BPCL Q4 Results: Company’s Net Profit Skyrockets 168% YoY; Dividend Declared

23 May 2023

Refining major Bharat Petroleum Corporation Limited posted 168% growth in its consolidated net profit at Rs 6,780 crore for the three months ended March. It was Rs 2,559 crore in the year-ago period. Revenue from operations during the reporting quarter rose 8% to Rs 1.33 lakh crore as against Rs 1.23 lakh crore in the …

Uno Minda Q1FY24 results; shown 20% rise in  net profit!

Uno Minda Q1FY24 results; shown 20% rise in net profit!

10 August 2023

Uno Minda has reported results for the first quarter ended June 30, 2023 or Q1FY24. The company has reported a 49.79% rise in its net profit at Rs 135.16 crore for the quarter under review as compared to Rs 90.23 crore for the same quarter in the previous year. The total income of the company …

These 3 stocks from BSE 500 jumped over 6% today, 10 August 2023

These 3 stocks from BSE 500 jumped over 6% today, 10 August 2023

10 August 2023

The benchmark index S&P BSE 500 opened today at 26,971.36 and made its day high at 26,991.59 and it is trading in red, down by around 0.20%                      From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% …

6 Listed Stocks Benefitting from Make in India

6 Listed Stocks Benefitting from Make in India

10 August 2023

The Make in India scheme was started by the Union Government of India, in September 2014, to boost the manufacturing capabilities of India. It was spearheaded by the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry. The scheme has the following primary objectives: Attract foreign companies to set …

Dark horse stock of the day: Gandhi Special Tube jumps 20% today

Dark horse stock of the day: Gandhi Special Tube jumps 20% today

10 August 2023

The shares of Gandhi Special Tube Limited experienced a sharp rise today. The stock opened at Rs 681.9, higher than the previous day’s closing price of Rs 624.70. During the intraday session, the stock surged by 20% with significant trading volume.    Upon analysing today’s share volumes, it is evident that there has been a substantial …

JB Chemicals Gets Approval for Wholly-Owned Subsidiary in Philippines; Stock Rises

JB Chemicals Gets Approval for Wholly-Owned Subsidiary in Philippines; Stock Rises

10 August 2023

JB Chemicals & Pharmaceuticals has got authorisation from the company’s wholly-owned subsidiary, Unique Pharmaceutical Laboratories, FZE, Dubai, to establish a new wholly-owned step-down subsidiary in the Philippines. The proposed firm would run the company’s pharmaceutical product sales and marketing operations in the Philippine market. At its meeting on August 9, 2023, the company’s board of …

Piramal Pharma Ltd Rights Issue 2023

Piramal Pharma Ltd Rights Issue 2023

10 August 2023

Piramal Pharma has announced a rights issue for investors. The subscription window opened on August 8, 2023. It will remain open until August 17, 2023. You can subscribe to Piramal Pharma’s rights issue if you have the company’s stocks in your portfolio. Let us see the details associated with the rights issue and how you …

These 3 stocks from BSE 500 jumped over 7% today, 9 August 2023

These 3 stocks from BSE 500 jumped over 7% today, 9 August 2023

9 August 2023

The benchmark index S&P BSE 500 opened today at 26,889.46 and made its day high at 26,987.79 and closed in green, up by around 0.30%               From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today.         Shares of Aditya Birla Fashion and Retail …

Utkarsh Small Finance Bank Q1 Results: Profit jumps 20% YoY to Rs 107 Cr

Utkarsh Small Finance Bank Q1 Results: Profit jumps 20% YoY to Rs 107 Cr

9 August 2023

The D-street began the day with a mixed performance, as the Sensex and Nifty commenced trading slightly lower. However, the trading session wrapped up on a positive note with both the Sensex and Nifty registering gains of 0.23% and 0.32%, respectively. Established on April 30, 2016, Utkarsh Small Finance Bank Limited specializes in delivering banking …

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