Value unlocking expected from the Demerger In a strategic move, Tata Motors has decided to demerge its business into two separate listed companies. This decision, approved by the board of directors, aims to empower individual business units and unlock further growth potential. One entity will house the commercial vehicle (CV) business and its related investments, …
Today, the shares of NTPC Limited soared 3.50%. Additionally, the stock hit a fresh 52-week high mark of Rs 358 apiece on BSE. Furthermore, the scrip witnessed a spurt in volume by more than 4.52 times. The company’s current market capitalisation is Rs 3,43,068.05 crore. Recent development The company has announced the board’s approval of …
BEML and Mangalore Refinery & Petrochemicals are identified as upside potential stocks based on technical analysis. Both the scrips have displayed promising technical setups, including price volume action and a potential to breakout. Currently trading at Rs 3,207.45 and Rs 229.70 respectively, their price structures align with positive signals from technical indicators like RSI and …
Rico Auto Industries Shares Opened Higher On March 04, 2024, the share price of Rico Auto shot 6.57% to ₹138.60 against its previous trading session. The share opened at ₹133.65, and it touched a high of ₹143.85 and a low of ₹125.15. The stock price witnessed correction and traded in a range of ₹133 to …
RIL crosses the Rs 3,000 mark for the first time On March 4, 2024, a significant milestone was reached for RIL as its shares crossed the Rs 3,000 mark for the first time. This historic achievement comes after a 1.35% increase from the previous day’s closing price of Rs 2,980.85, pushing the stock to a …
The benchmark index S&P BSE 500 opened today at 32,348.79 and made its day high at 32,370.08, and it is trading almost flat today, up by around 0.05% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. Bharat Heavy Electricals Ltd …
On Monday, the benchmark indices were trading in the green with the Sensex up around 125 points or 0.17% at 73,932, while the Nifty-50 was up around 77 points or 0.18% at 22,420. About 1,464 shares have advanced; 2,166 declined; and 206 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Amidst the struggle of main indices to gather momentum, a significant selloff was observed particularly in small-cap stocks, as evidenced by the BSE Smallcap Index tumbling over 0.60% today. At 10:10 am, the BSE Sensex added 0.11%, reaching a level of 73,884. The Nifty 50 index edged up by 0.10% to the 22,402 level. On …
The benchmark index S&P BSE 500 opened today at 31,900.97 and made its day high at 32,117.12, and it is trading in green today, up by more than 0.95% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Jamna Auto Industries …
Understanding the Piotroski Score Imagine a score ranging from 0 to 9, with 9 being the gold standard and 0 indicating the least favourable. This is the Piotroski score, a valuable metric used to assess a company’s financial health and its potential for value investing. Professor Joseph Piotroski devised this score by analysing various aspects …
