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Elecon Engineering’s Stellar Performance Lifts Capital Goods Stocks by 20%!

Elecon Engineering’s Stellar Performance Lifts Capital Goods Stocks by 20%!

12 May 2023

Indices witnessed selling pressure from Thursday’s high and today also it is trading with volatile moves. Indices recovered strongly from day’s low and traded higher. The Capital Goods sector outperformed the benchmark index and one stock from the same sector registered a technical breakout of continuation pattern by rallying almost 12%.   The stock is Elecon …

Penny stocks to watch out for Monday, May 15 2023!

Penny stocks to watch out for Monday, May 15 2023!

12 May 2023

The markets experienced selling pressure during the initial hours of trading but made a strong recovery from the day’s low to close near the day’s high. The Nifty closed at 18,314 level, up by 17 points from the previous trading session’s closing level. Similarly, the S&P BSE Sensex closed at 62,027.90 level, up by 123 …

Multibagger Hotel Stock Breakout; Stock jumps Over 5% and Hits Fresh 52-Week High!

Multibagger Hotel Stock Breakout; Stock jumps Over 5% and Hits Fresh 52-Week High!

12 May 2023

Picture this: It’s the year 2020 and the world has been hit with an outbreak of a deadly virus that has brought the entire planet to its knees. One of the industries that suffered the most was the hospitality sector. Posh hotels that were once bustling with activity were now nothing but ghostly, abandoned buildings, …

Ujjivan SBF’s Profit Jumped 145% in Q4; Stocks Soared 5%!

Ujjivan SBF’s Profit Jumped 145% in Q4; Stocks Soared 5%!

12 May 2023

With aggressive rate hikes by the central banks across the world, all eyes were on the financial health of the banking system to analyse the damage caused by the higher interest rates. Some leading banks across the world have seen taking a major hit in the past few weeks but interestingly, the Indian banking system …

BSE 500: Intellect Design, Zensar Technologies, Eicher Motors Surge Over 5%

BSE 500: Intellect Design, Zensar Technologies, Eicher Motors Surge Over 5%

12 May 2023

The benchmark index S&P BSE 500 opened today at 24,618.85 and made its days high at 24,622.59 and it is trading almost flat.          From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5 per cent today.       …

Markolines Pavement Technologies Stocks Zoomed 10% After Big Order Value

Markolines Pavement Technologies Stocks Zoomed 10% After Big Order Value

12 May 2023

On May 11, 2023, Markolines Pavement Technologies received a work order worth Rs 24.35 crore (excluding GST), from Brihanmumbai Municipal Corporation (a Domestic Corporation) located in Mumbai, India, for the work of Preventive Maintenance work of the Eastern Freeway from P. Dmello Road to Ghatkopar Mankhurd Link Road, which shall be completed within 9 months.   …

Penny Stocks to Watch out for Today, May 12, 2023

Penny Stocks to Watch out for Today, May 12, 2023

11 May 2023

The markets started strong today but lost their momentum to close near the day’s lowest point. The Nifty ended the day at 18,297 level, 18 points below the previous trading session’s closing level. Similarly, the S&P BSE Sensex closed almost unchanged at 61,904 level, down by 35 points. The Consumption and Realty sectors were the …

Kirloskar Brothers Stock Jumps 20% on Robust Financial Results

Kirloskar Brothers Stock Jumps 20% on Robust Financial Results

11 May 2023

On Thursday, shares of Kirloskar Brothers zoomed and got locked at 20% upper circuit to trade on intraday high and new 52-week high of Rs 507.70 apiece on BSE. The scrip witnessed massive spurt in volume by more than 14.42 times.  In Q4-FY23, the company’s revenue from operations amounted to Rs 11,246 crore, an increase …

Ratnamani Metals Declares 600% Dividends; Profit Jumps 72% In Q4FY23

Ratnamani Metals Declares 600% Dividends; Profit Jumps 72% In Q4FY23

11 May 2023

Company Profile   Ratnamani Metals and Tubes Limited is one of the leading manufacturers of critical piping and tubing products for customers in the Oil and Gas, Petrochemicals & Refinery, Fertiliser & Chemical, Power, Water, Infrastructure and other critical high growth industries.    The Company has diverse product portfolio which includes Nickel Alloy/Stainless Steel Seamless Tubes & …

Adani Ports Zooms 3%, here’s why!   

Adani Ports Zooms 3%, here’s why!   

11 May 2023

Indian benchmark indices are trading with modest gains in the first half of the trading session on Thursday with Nifty and Sensex up by 0.08% and 0.10%, respectively.    Talking about the sectoral performance, all the sectors are trading in green barring Nifty Pharma which is down by nearly 1%. The broader markets are seen outperforming …

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