In December, a flurry of IPOs hit the market, bringing joy to investors through favourable listing gains. However, one particular IPO has emerged as a standout in the stationary sector, capturing our focus today. No prizes for guessing, it’s none other than DOMS Industries. Founded in 2006 as “Writefine Products,” Doms Industries evolved into a …
During Thursday’s deals, the shares of Unichem Laboratories Limited zoomed by 5.63%. Additionally, the stock hit a fresh 52-week high mark of Rs 479.25. Furthermore, the scrip witnessed a spurt in volume by more than 2.97 times. The company’s current market capitalisation is Rs 3,313.29 crore. Recent development The company announced the approval of …
In real estate investment, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Brookfield India Real Estate Trust REIT have faced a challenging year marked by declining returns and market uncertainty. Several factors, including a global economic slowdown, increasing interest rates, and rising borrowing costs, have contributed to the struggles of these Real Estate Investment …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 21,647.20, marking an increase of 28.50 points or 0.13% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,721.18, reflecting an increase of 63.47 points. Among all the stocks listed on the …
With price volume support, Ramco Industries and Manali Petrochemicals have strong bullish breakout potential. The stock price has displayed a symmetrical triangle and peanut chart pattern breakout, and is presently trading at Rs 244 and Rs 85. The breakout corresponds to the RSI, ADX, and other technical analysis indicators. Ramco Industries Ltd Dailly chart of …
Kamat Hotels has witnessed a surge in its share price, reaching an upper circuit of 5% on BSE, driven by the optimistic outlook fuelled by increased tourism in Ayodhya. The hotel chain is poised for substantial growth, benefitting from the surge in tourism expected to follow the inauguration of the Ram Mandir on January 22, …
We all love a good retail therapy session, don’t we? But have you ever stopped to wonder about the world behind those dazzling storefronts and overflowing shelves? The retail sector is a fascinating beast, a complex ecosystem that thrives on consumer desires and economic trends. Today, we’ll delve into its depths, explore how to analyse …
The benchmark index S&P BSE 500 opened today at 30,797.06 and made its day high at 30,804.49 and it is trading almost flat today, down by around 0.04% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Cochin Shipyard Ltd Shares …
Continued growth RailTel Corporation, one of the leading telecom infrastructure providers in India, has recently secured two significant contracts showcasing their diverse capabilities. RailTel has been awarded a Rs 39.88 crore contract by the Bihar Education Project Council to supply teaching and learning materials for Class IV and V students. Furthermore, RailTel has received a …
Imagine your uncle runs a lemonade stand, but you secretly sell all the lemons at 10 times the price. Juicy profit for you, right? Not so fast. This, in a nutshell, is why a high number of related party transactions (RPTs) in a stock can be a major red flag for investors. So, let’s brew …
