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The Railway Stock Surge: A Three-Year Rollercoaster Ride

The Railway Stock Surge: A Three-Year Rollercoaster Ride

19 October 2023

The Indian Railways have recently shown significant improvements in project execution, and they operate the fourth-largest railway system globally with an extensive network that spans the entire country. This vast network employs over 1.4 million people, making the railway industry India’s largest employer. Railway stocks have experienced a remarkable surge, with some companies seeing their …

Multibagger in six months; RVNL secures significant contracts worth Rs 419 crore

Multibagger in six months; RVNL secures significant contracts worth Rs 419 crore

20 October 2023

Friday deals concluded on a muted note with both the Sensex and Nifty witnessing a moderate decline of 0.35% and 0.42%, respectively. Opposing market sentiments, the shares of Rail Vikas Nigam Limited dazzled with an impressive surge of 1%. The company’s current market capitalisation is Rs 35,090.89 crore. This upward movement was primarily triggered by …

A 1,000% surge in 3 years for this IT powerhouse: The unstoppable multibagger – KPIT

A 1,000% surge in 3 years for this IT powerhouse: The unstoppable multibagger – KPIT

20 October 2023

In the world of stock investing, there’s a term that every ambitious investor aspires to understand and achieve – ‘multibagger.’ It’s a term that symbolizes the pinnacle of success, where an investment multiplies many times over. Peter Lynch once said, ‘Know what you own, and know why you own it.’ In this case, it’s a …

Volume buzzers: Here are today’s high-volume buzzers

Volume buzzers: Here are today’s high-volume buzzers

20 October 2023

The Sensex and Nifty are both on a downward trajectory, marking plunge of 0.30% and 0.38%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting mixed momentum, with a plunge of 1.75% and 1.21%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Kotak Bank, TCS and Nestle …

Titagarh Rail Systems inks a contract worth Rs 350 crore with GMRC for Ahmedabad Metro Rail Phase-II Project

Titagarh Rail Systems inks a contract worth Rs 350 crore with GMRC for Ahmedabad Metro Rail Phase-II Project

20 October 2023

Titagarh Rail Systems Limited (TRSL) formerly Titagarh Wagons Limited signed a contract with Gujarat Metro Rail Corporation (GMRC) for the design, manufacture, supply, testing, commissioning and training of 30 standard gauge cars valued at Rs 350 crore for Ahmedabad Metro Rail Phase-II Project. As a part of Ahmedabad’s vision to expand connectivity within the state …

Sonata Software shares soar to 52-week high amid bonus issue proposal and major partnership

Sonata Software shares soar to 52-week high amid bonus issue proposal and major partnership

20 October 2023

The headline indices have registered a persistent decline of almost 1% over the past five trading sessions, mirroring the prevailing global market weakness. This downturn is clearly evident within various sectors, as a majority of sectoral indices have recorded considerable losses. The FMCG, oil & gas, and metal sectors have borne the brunt of the …

PE ratios and stock valuations: A post-pandemic analysis

PE ratios and stock valuations: A post-pandemic analysis

20 October 2023

In early 2020, global financial markets were riding high at levels around 12400, hitting all-time highs just before the COVID-19 pandemic sent shockwaves through the world economy. As the virus spread rapidly, governments around the world implemented stringent lockdown measures to contain it. These lockdowns disrupted supply chains, shut down businesses, and led to widespread …

These 3 stocks from BSE 500 jumped over 4% today, 20 October 2023

These 3 stocks from BSE 500 jumped over 4% today, 20 October 2023

20 October 2023

The benchmark index S&P BSE 500 opened today at 27,370.44 and made its day high at 27,399.73 and it is trading in red today, down by around 0.20%.                      From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …

Trending Stock: Tejas Networks secures Rs 107.73 crore purchase order from TCS

Trending Stock: Tejas Networks secures Rs 107.73 crore purchase order from TCS

20 October 2023

Indian benchmark indices continued their downward trend, echoing the global market’s bearish sentiment. Most sectoral indices experienced declines, with the exception of BSE Financial Services and BSE Realty, which managed to hold their ground. With 1,804 shares rising on the BSE and 1,594 shares declining, the advance-decline ratio still remained in favour of advances. Tejas …

Upper Circuit Stocks Today – 20 October, 2023

Upper Circuit Stocks Today – 20 October, 2023

20 October 2023

On Friday, the benchmark indices were trading lower with the Sensex down around 160 points or 0.25% at 65,472 and the Nifty-50 down around 60 points or 0.30% at 19,563. About 1,827 shares have advanced, 1,587 declined, and 164 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

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