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Apollo Hospitals Stock to Reverse 1.5-year Trend

Apollo Hospitals Stock to Reverse 1.5-year Trend

26 May 2023

In the exhilarating conclusion of the week’s trading session, Nifty kicked off with a bang, soaring to new heights and closing at an impressive level of 18,499.35. The market witnessed a resounding breakthrough of the continuation pattern, igniting a wave of excitement among traders and investors alike. Amidst this prevailing bullish atmosphere, where various sectors …

Samvardhana Motherson International Reports 5-fold Surge in Q4 Profit

Samvardhana Motherson International Reports 5-fold Surge in Q4 Profit

26 May 2023

On a consolidated basis, the company has reported over 5-fold jump in its net profit at Rs 699.10 crore for fourth quarter ended March 31, 2023 as compared to Rs 130.04 crore for the same quarter in the previous year. Total income of the company increased by 30.16% at Rs 22,551.94 crore for Q4FY23, as …

Gravita India Ltd. Surged 2%; Volume Increased Too!

Gravita India Ltd. Surged 2%; Volume Increased Too!

26 May 2023

The Friday session is unfolding as a truly remarkable one for the domestic benchmark indices, as both the Nifty and Sensex experience an impressive surge of nearly 1%. What makes this even more intriguing is the simultaneous drop of nearly 5% in the India VIX, also known as the fear index. This decline signifies a …

Adani Green Energy’s Arm Commissions 130 MW Wind Power Plant at Kutchh

Adani Green Energy’s Arm Commissions 130 MW Wind Power Plant at Kutchh

26 May 2023

On Friday, the stock opened at Rs 975.30 and has touched a high and low of Rs. 982.15 and Rs. 962.85 respectively. Adani Green Energy’s subsidiary, Adani Wind Energy Kutchh Five has commissioned 130 MW Wind Power Plant at Kutchh in Gujarat. The plant has a 25-year Power Purchase Agreement (PPA) of 130 MW with …

National Aluminium Stocks Are Heading for a Breakout on Chart!

National Aluminium Stocks Are Heading for a Breakout on Chart!

26 May 2023

In the last trading session of the week, Nifty opened gap up and traded higher to touch the last swing high. In such strong bullish trading session, some stocks from the Metal sector witnessed strong buying activity and one stock from same sector showed decent strength and registered a breakout of the continuation pattern on …

Small-Cap Companies With Low Debt Burden

Small-Cap Companies With Low Debt Burden

26 May 2023

Basically, businesses have two primary avenues for acquiring capital to support their growth: equity and debt. Companies with a substantial amount of debt on their balance sheets often appear worrisome, while companies with minimal debt are generally seen as appealing. Despite debt being regarded as a more cost-effective funding option than equity, thanks to its …

Kirloskar Oil Engines Stock has Given Multibagger Returns of 162% in 1 Year

Kirloskar Oil Engines Stock has Given Multibagger Returns of 162% in 1 Year

26 May 2023

Today, the Indian market indices opened on a positive note. The S&P BSE Sensex touched 62,127.43, up by 254.81 points from the previous day’s closing. In contrast, the Nifty 50 touched 18,393.35, up by 72.20 from its previous closing of 18,321.15. In this bullish market, a capital goods company reported multibagger returns in the last …

Prince Pipe Q4 Results: Record Profits, Expansion Spark Investor Frenzy

Prince Pipe Q4 Results: Record Profits, Expansion Spark Investor Frenzy

26 May 2023

The domestic market inched higher for yet another day amidst positive market sentiment and good corporate earnings. Good quality midcap and Smallcap stocks have seen strong buying interest from investors, post their release of quarterly results. One such stock is Prince Pipe & Fittings, which rose 6% intraday during Friday’s trading session to hit the …

Amitabh Bachchan Sold DP Wires’ Stocks

Amitabh Bachchan Sold DP Wires’ Stocks

26 May 2023

Amitabh Bachchan, the legendary Shahenshah of Bollywood. Renowned for his illustrious film career, his charm extends far beyond the silver screen. Behind the scenes, Bachchan possesses a Midas touch that transcends mere cinematic brilliance, reaching into the realms of investments and financial prowess.  Amitabh Bachchan’s discerning eye for success goes beyond selecting blockbuster movies or …

Heritage Foods Hits a New 52-week High After Reporting Q4 FY23 Results!

Heritage Foods Hits a New 52-week High After Reporting Q4 FY23 Results!

26 May 2023

Amidst the unfolding season of financial outcomes, Heritage Foods Limited unveiled its financial results for both Q4FY23 and the fiscal year ending on March 31, 2023. In addition, the company also recommended dividend.  In comparison to the same quarter last year, the company’s net profit for the fourth quarter which ended on March 31, 2023, …

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