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GMDC Strikes Gold: Multibagger Returns and a Generous Dividend Payout

GMDC Strikes Gold: Multibagger Returns and a Generous Dividend Payout

17 October 2023

In recent times, the stock market has been a rollercoaster ride with benchmark indices meandering in a range, reacting to global events with gap openings, and then settling into trading within that range. Amid this, one stock has managed to leave market participants in awe with its splendid performance: Gujarat Mineral Development Corporation (GMDC). GMDC’s …

Weekly Commodity And Currency Technical Report – 16 October 2023

Weekly Commodity And Currency Technical Report – 16 October 2023

16 October 2023

NSE USD INR (Technical): NSE USDINR Oct as seen in the weekly chart above has opened the week gap down at 83.30 levels. Same day of the week price rallied and made weekly high of 83.35 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly …

NBFC – Cholamandalam Investment & Finance delivered fantastic returns of over 400% in 3 years

NBFC – Cholamandalam Investment & Finance delivered fantastic returns of over 400% in 3 years

13 October 2023

Cholamandalam Investment & Finance Company Limited has delivered multibagger returns to its shareholders in the last three years. During this period, the company’s share price jumped from Rs 237.25 on October 16, 2020, to Rs 1258.80 on October 13, 2023, an increase of about 400% in a three-year holding period. An investment of Rs 1 …

Navratna Companies in India: Eligibility Criteria and Stock Performance

Navratna Companies in India: Eligibility Criteria and Stock Performance

11 October 2023

Navratna Companies are a group of companies in the Central Public Sector Enterprises (CPSEs) that have enhanced financial autonomy. The Government of India initially awarded the Navratna status to nine public sector undertakings (PSUs) in 1997. Over the years, the list of Navratna Companies has expanded to 13 (listed companies only), including some top PSUs …

Mazagon Dock Shipbuilders Achieves Milestone: Surpasses Rs 2000 Mark Today

Mazagon Dock Shipbuilders Achieves Milestone: Surpasses Rs 2000 Mark Today

25 July 2023

Today, the shares of Mazagon Dock Shipbuilders surpass the significant price of Rs 2000 on BSE. Mazagon Dock is primarily involved in the construction and repair of diverse marine vessels and engineering products.   At the time of writing this article, the shares are trading at Rs 2024 on BSE, 3.54% up from the previous day’s …

HGS UK Partner With Government To Transform Public Services

HGS UK Partner With Government To Transform Public Services

5 September 2023

On Tuesday, the shares of Hinduja Global Solutions closed at Rs 1030.05, up by 1.57% from its previous closing of Rs 1014.15 on the BSE.  Hinduja Global Solutions’ (HGS) subsidiary — HGS UK has entered into a strategic partnership with the Government Digital Service (GDS) in the UK, to provide contact centre support for GOV.UK …

Today shares of Jio Financials Services rallied and surged upto 9%

Today shares of Jio Financials Services rallied and surged upto 9%

4 September 2023

Jio Financial Services Ltd a recent debutant in the financial market continues to make waves as its shares surged. The stock climbed an impressive 8.84%, reaching an intra-day high of Rs 267 on the BSE, compared to its Friday closing price of Rs 245.30. In a significant move, the Bombay Stock Exchange (BSE) has revised …

IDFC to merge with IDFC first Bank: Ratio fixed at 155:100

IDFC to merge with IDFC first Bank: Ratio fixed at 155:100

4 July 2023

The Board of Directors of IDFC First Bank Ltd at its meeting held on July 3, 2023, approved the scheme of amalgamation of IDFC Ltd with IDFC First Bank. The ratio has been fixed at 155:100. “Under the proposed merger, for every 100 shares of IDFC Ltd that an investor holds, they will receive 155 …

Shares of Coffee Day Enterprises jump 18%; Is an upward trend brewing?

Shares of Coffee Day Enterprises jump 18%; Is an upward trend brewing?

17 August 2023

Coffee Day Enterprises’ shares experienced a significant surge today. The trading began at Rs 39.01, remaining unchanged from the previous day’s closing price. During the intraday session, the stock demonstrated a substantial 18% surge, accompanied by significant trading volume. Upon analysing today’s share volumes, it’s evident that there has been a considerable increase of over …

Ramkrishna Forgings bags order worth Rs 156 crore, stock rallies 4%

Ramkrishna Forgings bags order worth Rs 156 crore, stock rallies 4%

24 August 2023

Ramkrishna Forgings Limited, a prominent player in supplying forged components for automobiles, has announced that the company has received an order.  As per the filling report, the company has received an order worth Rs 156 crore (17.2 million Euros) from a Eurasian customer in the farm equipment industry. This contract is set to span four …

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