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Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

19 October 2023

The Sensex and Nifty are both on a downward trajectory, marking plunge of 0.13% and 0.08%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting mixed momentum, with a plunge of 0.05% and up 0.21%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include LTI Mindtree, Bajaj Auto …

RVNL’s Astonishing Ascent: From Rs 10 to Rs 150 – A Stock Market Miracle!

RVNL’s Astonishing Ascent: From Rs 10 to Rs 150 – A Stock Market Miracle!

19 October 2023

Incorporation RVNL, a prestigious Navratna Central Public Sector Enterprise (CPSE) operating under the aegis of the Ministry of Railways, Government of India, was conceived to address the critical infrastructure lacunae prevalent within the extensive Indian Railways network. The inception of the ambitious National Rail Vikas Yojana (NRVY) dates back to August 15, 2002, when the …

This entertainment industry stock has delivered fantastic returns of over 100% in a year; do you hold it?

This entertainment industry stock has delivered fantastic returns of over 100% in a year; do you hold it?

19 October 2023

Tips Industries Limited has churned multibagger returns to its shareholders in just one year. During this period, the company’s share price jumped from Rs 158.47 on October 19, 2022, to Rs 373.40 on October 19, 2023, an increase of more than 110%. An investment of Rs 1 lakh in the shares of this company one …

ITC to acquire additional stake in Delectable Technologies

ITC to acquire additional stake in Delectable Technologies

19 October 2023

ITC has entered into definitive agreements to acquire a further 2,286 equity shares of Rs 10 each of Delectable Technologies (Delectable), an associate company, subject to completion of agreed conditions precedent. The said shares, once acquired, will take the Company’s shareholding in Delectable from 33.42% to 39.32% (on a fully diluted basis). The said acquisition …

Tesla announces Q3 earnings: Automotive revenue grows 5% to USD 19.6 billion while operating profit drops by half

Tesla announces Q3 earnings: Automotive revenue grows 5% to USD 19.6 billion while operating profit drops by half

19 October 2023

Tesla, an American electric vehicle (EV) and clean energy company reported its quarterly earnings on October 18 during the market hour. In the third quarter of FY23, the company’s total revenue grew by 9% year-over-year (YoY), from USD 21.45 billion to USD 23.35 billion. Breaking down the total revenue, the total automotive revenue for the …

These 3 stocks from BSE 500 jumped over 4% today, 19 October 2023

These 3 stocks from BSE 500 jumped over 4% today, 19 October 2023

19 October 2023

The benchmark index S&P BSE 500 opened today at 27,357.21 and made its day high at 27,371.19 and it is trading in red today, down by around 0.40%.                    From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …

Bajaj Auto shares hit a new 52-week high amid a 17% growth in PAT; company amends new dividend policy

Bajaj Auto shares hit a new 52-week high amid a 17% growth in PAT; company amends new dividend policy

19 October 2023

Today, shares of Baja Auto hit a 52-week high today amid strong financial results for the second quarter of FY24 and the amendment of the new dividend policy. On a consolidated basis, In Q2FY24 company recorded a robust financial performance with a 17.48% year-on-year increase in net profit reaching Rs 2,020.05 crore compared to Rs …

Upper Circuit Stocks Today – 19 October, 2023

Upper Circuit Stocks Today – 19 October, 2023

19 October 2023

On Thursday, the benchmark indices were trading lower with the Sensex down around 376 points or 0.58% at 65,501 and the Nifty-50 down around 106 points or 0.55% at 19,565. About 1,514 shares have advanced, 1,868 declined, and 175 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

From Meme Stock to Multibagger: The Spectacular Transformation of Paytm

From Meme Stock to Multibagger: The Spectacular Transformation of Paytm

19 October 2023

In the world of investments, stories of meteoric rises and dramatic falls often capture the imagination of both seasoned and novice investors. One such story that has been making headlines in recent times is the incredible transformation of One97 Communications Limited, the company behind India’s leading payments and financial services brand, Paytm. From being labeled …

Netflix Q3 results update

Netflix Q3 results update

19 October 2023

Netflix, a premium online streaming service provider that enables users to watch TV shows and movies, announced its Q3 results on October 18. In the third quarter of 2023, the Company’s revenue saw an 8% YoY growth from USD 7.9 billion to USD 8.5 billion on both reported and foreign exchange-neutral terms, slightly surpassing the …

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