Shares of four state-run companies – Cochin Shipyard Ltd., Housing & Urban Development Corporation (HUDCO), Rail Vikas Nigam (RVNL) and IFCI have more than doubled in the first five months of 2024. Investors continue to bet on their improving fundamentals and strong order books. While shares of Cochin Shipyard have nearly tripled so far this …
PSU stocks are once again asserting their dominance on Dalal Street, with majority of them resuming their winning streak in recent sessions. Investors continue to add them to their portfolios, despite some trading at elevated valuations. Fueling the recent surge in PSU counters are defence stocks, especially those involved in shipbuilding. These companies are experiencing …
The shares of the company have an ROE of 27 per cent and an ROCE of 39 per cent. Today, shares of Mazagon Dock Shipbuilders Limited (MDL) gained 11.34 per cent and made a fresh …
The stock gave multibagger returns of 225 per cent in just 1 year and a whopping 1,200 per cent in 3 years. Today, shares of Rail Vikas Nigam Ltd (RVNL) gained 9.50 per cent to …
The combined market capitalisation of companies listed on the Bombay Stock Exchange (BSE) surged past $5 trillion on Tuesday, after a broad-based rally saw the aggregate market valuation swell by $1 trillion in just six months. That compares with almost two-and-a-half years it took previously to add similar value, i.e. between $3 trillion to $4 …
Prime Minister Narendra Modi predicted a significant boost to the stock market following the election results, expressing confidence in the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government retaining power with a strong majority for a third term. “You will see that within one week after June 4, the day election results are to …
Small-cap stocks have faced significant pressure in recent sessions, even as benchmark indices reached new record highs. Investors in these stocks enjoyed a remarkable run over the past year, driving up valuations to expensive levels. Analysts note that even minor market corrections are prompting profit-taking among investors. The Nifty Small Cap 100 index has declined …
Continuing its bullish trajectory for the fifth consecutive trading session, the Nifty 50 surged to yet another all-time high, reaching 22,297 points in today’s trading. Despite the opening session being higher, the index finished the trade flat at 22,212 amid profit booking. However, the sentiment remained positive for the short term as the index closed …
Mahindra & Mahindra. Share Price 1835.55 03:59 PM | 16 Feb 2024 70.50(4.00%) SBI Life Insurance Company. Share Price 1508.45 03:59 PM | 16 Feb 2024 55.11(3.80%) Adani Ports & Special Economic Zone. Share Price 1306.85 03:59 PM | 16 Feb 2024 39.80(3.15%) Maruti Suzuki India. Share Price 11380.40 03:59 PM | 16 Feb 2024 …
Shares of State Bank of India (SBI), the nation’s largest public sector bank, gained sharply in February, even as the bank reported a weak set of numbers in Q3, affected by higher wage provisions and soft other income. The stock has soared nearly 17% this month so far, marking its largest monthly gain since January …