As the financial year progresses, investors’ attention shifts to corporate earnings, which offer valuable insights into the financial health of companies and their prospects for the year ahead. The upcoming Q3 FY2024 earnings season for Nifty 50 companies is set to commence in January, with several heavyweights slated to announce their results in the coming …
After starting the trading session on a brighter note, domestic indices retraced some of the initial gains and experienced a notable downturn. The healthcare and consumer durables sectors recorded notable losses, while the IT, real estate, and capital goods sectors endeavoured to uplift the market. The BSE Smallcap index outperformed the main indices by a …
On Friday, the benchmark indices were trading higher with the Sensex down around 85E points or 0.11% at 71,933 while the Nifty-50 down around 30 points or 0.14% at 21,689. About 2,130 shares have advanced, 1,483 declined, and 139 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Muthoot Finance Ltd., a prominent player in personal and business loans secured by gold jewellery, unfolds an intriguing chapter in its stock performance. Operating predominantly in Southern India, the company has been a reliable choice for those seeking financial solutions, backed by gold collateral. Stock analysis In November, the stock underwent a consolidation period, oscillating …
During Thursday’s deals, the shares of Century Textiles and Industries Limited zoomed by 12.20%. Additionally, the stock hit a fresh 52-week high mark of Rs 1,425.10. Furthermore, the scrip witnessed a massive spurt in volume by more than 9.83 times. The company’s current market capitalisation is Rs 15,611.15crore. About the company: Over the years, Century …
Buckle up, property investors! The Nifty Realty index surged over 6% today, marking a golden day for the Indian real estate sector. This phenomenal rise was fuelled by a combination of factors, leaving market analysts with wide smiles and investors eager to know more. In the world of real estate, January has brought some exciting …
NBCC (India) Limited, a construction giant, is experiencing a project bonanza. The company recently secured multiple contracts totalling a staggering Rs 98 crore, primarily focused on building Jawahar Navodaya Vidyalaya (JNV) schools in the Northeastern states of Assam, Meghalaya, and Tripura. These projects involve constructing Phase-A and Phase-B works for the JNVs, aiming to provide …
These three equities gained significantly during Thursday’s trading session, indicating strong bullish action. Here’s an in-depth look. Oswal Agro Mills Ltd Shares of Oswal Agro Mills experienced a notable volume price breakout, coupled with an ascending triangle breakout. Currently priced at Rs 38.75, the stock has witnessed a substantial surge in trading activity today. The …
Stocks in India rose across the board on Thursday, with the main indexes hitting new highs! The Sensex climbed nearly 0.7%, ending the day at 71,847.57, while the Nifty advanced over 0.6% to 21,658.60. Things are getting calmer on the market, too. The India VIX, which measures volatility, dropped 5.3%, showing less worry among investors. …
The current PE ratio of Nifty 50 stands at 22.9, compared to last year’s historical PE of 21.7. Looking further back, three years ago, the PE ratio remained within a moderate range, not indicating an expensive or cheap valuation. On the other hand, the Nifty Midcap 150 is trading at a PE ratio of 26.7, …
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