Bearing stocks have emerged as focal points for investors eyeing opportunities in India’s burgeoning automotive sector. A comprehensive analysis of the performance metrics of leading bearing companies provides valuable insights into investment prospects amidst the country’s evolution into a global export hub for automobiles. S.No. Name CMP Rs Mar Cap Rs crore P/E 5Yrs PE …
The benchmark index S&P BSE 500 opened today at 33,929.64 and made its day high at 34,019.82, and it is trading in green today, up by more than 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Vodafone Idea Ltd …
Domestic indices, reflecting the weakness in most global markets, struggled to gain positive momentum and traded lower, impacted by losses in the information technology, FMCG, and auto sectors. In contrast, the BSE Small-cap Index demonstrated optimistic investor sentiment. At 10:30 am, the BSE Sensex declined 0.12% reaching a level of 75,326. The Nifty 50 index …
On May 16, 2024, Info Edge India Limited released its consolidated financial results for the quarter ended March 31, 2024. For the quarter that ended on March 31, 2024, Info Edge (India) Limited reported a 7.9% increase in its Revenue from Operations, reaching ₹608.3 crore on a standalone basis, up from ₹564.0 crore in the …
The Indian government has prioritized infrastructure development to bolster economic growth, enhance connectivity, and improve the quality of life for its citizens. Several initiatives focus on modernizing transportation networks, upgrading urban amenities, and expanding digital infrastructure. These efforts are fostering inclusive and sustainable development across the nation. Nifty Infra Index constituents’ performance Over the past …
On Friday, the benchmark indices were trading in red with the Sensex down around 125 points or 0.16% at 75,305, while the Nifty-50 was down around 36 points or 0.16% at 22,932. About 1,665 shares have advanced; 1,424 declined and 125 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …
On May 16, 2024, Persistent Systems informed the stock exchanges that it had attained Premier Services Partner status with Snowflake, the leading Data Cloud provider. This Premier Services Partner status will enable Persistent Systems to expedite clients’ data transformations, harnessing the Snowflake Data Cloud’s agility, precision, and scalability. This milestone reaffirms Persistent Systems’ dedication to …
On May 16, 2024, Rushil Decor announced its strategic expansion into South America in a stock exchange filing. Rushil Decor, which has already exported to more than 50 countries, aims to enter one of the world’s largest Medium-Density Fiberboard (MDF) markets. Mr Rushil Thakkar, Executive Director, expressed optimism about expanding within the lucrative global wood …
Maithan Alloys Limited, a prominent player in the Indian metals industry, announced the strategic acquisition of shares in two leading defence companies: Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL). This move signifies Maithan Alloys’ commitment to diversifying its investment portfolio and capitalising on long-term growth prospects within the Indian defence sector. Investment Objectives …
Investing in penny stocks can be an exciting option for retail investors, given their low price and potential for high returns. These stocks are priced very low, often below ₹10 per share, and have high volatility. However, it’s crucial to tread carefully, as these stocks can also be risky. One way to mitigate some of …
