Market Wrap: Benchmark indices close on a positive note! Market Wrap: Benchmark indices close on a positive note! Sensex and Nifty closed the session with marginal gains, showing a rise of 0.21 per cent and 0.16 per cent respectively. DSIJ Intelligence / Wednesday, August 16, 2023 / Article rating: 4.2 Among the notable gainers were Nifty Auto, Nifty Media, and Nifty Realty sectors, while Nifty Metal, Nifty Financial Services, and Nifty Bank sectors faced losses.
Guardians of growth: India's defence PSUs achieve 500 per cent surge in a year Guardians of growth: India's defence PSUs achieve 500 per cent surge in a year In this Independence Day special, we list the top 6 PSU defence companies that have shown staggering growth over the past year. DSIJ Intelligence / Wednesday, August 16, 2023 / Article rating: 3.8 In this Independence Day special, we list the top 6 PSU defence companies that have shown staggering growth over the past year.
Multibagger penny stock Sylph to raise funds via warrants issue and QIP issue; scrip up by 800 per cent in 3 years! Multibagger penny stock Sylph to raise funds via warrants issue and QIP issue; scrip up by 800 per cent in 3 years! The company's share capital was split from 10 shares with a face value of Rs 10 each to 10 shares with a face value of Rs 1 each. The stock split took effect on June 02, 2023. DSIJ Intelligence-1 / Wednesday, August 16, 2023 / Article rating: 4.0 The company had a market cap of Rs 48 crore with a 3-year stock price CAGR of 110 per cent. Additionally, the company has reduced its debt and it's almost debt-free (current debt – Rs 0.73 crore).
306 per cent return: Net profit rallies over 59 per cent; Multibagger ship-building stock hits fresh 52-week high! 306 per cent return: Net profit rallies over 59 per cent; Multibagger ship-building stock hits fresh 52-week high! FII’s have increased their holdings from 2.68 per cent to 3.11 per cent in the quarter ending June 2023. DSIJ Intelligence / Wednesday, August 16, 2023 / Article rating: 4.2 The President of India holds a substantial stake of 74.50 per cent.
Heavy buying: Back-to-back upper circuit in this small-cap multibagger stock; reports a 106 per cent increase in net profit! Heavy buying: Back-to-back upper circuit in this small-cap multibagger stock; reports a 106 per cent increase in net profit! Shares of the company have gained more than 40 per cent in the last six months. DSIJ Intelligence / Wednesday, August 16, 2023 / Article rating: 4.8 Shares of the company have gained more than 40 per cent in the last six months.
750 per cent returns: This multibagger power company executes strategic partnership understanding with Government of Maharashtra! 750 per cent returns: This multibagger power company executes strategic partnership understanding with Government of Maharashtra! The shares of the company have a PE of 16.1x whereas the industry PE is 32.1 with an ROE of 40.7 per cent and a ROCE of 49.5 per cent. DSIJ Intelligence-1 / Wednesday, August 16, 2023 / Article rating: 4.3 Talking about finances, this power company has a market cap of Rs 792.94 crore with a 3-year stock price CAGR of 103 per cent. The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23).
Stock below Rs 25: This small-cap paper company registers a solid breakout and timely completion of capex; don't miss the action! Stock below Rs 25: This small-cap paper company registers a solid breakout and timely completion of capex; don't miss the action! Company has completed capex of Rs.225 crore DSIJ Intelligence-3 / Wednesday, August 16, 2023 / Article rating: 4.3 This impressive price action has resulted in a resolute breakout after an eight-month-long consolidation phase. Significantly, this breakout is supported by robust trading volumes.
Multi-billion deal: This IT giant signs a deal worth EUR 1.5 billion for AI-powered platform with Liberty Global! Multi-billion deal: This IT giant signs a deal worth EUR 1.5 billion for AI-powered platform with Liberty Global! Shares of the company gained more than 1.50 per cent in the morning trade. DSIJ Intelligence / Wednesday, August 16, 2023 / Article rating: 4.4 Shares of the company gained more than 1.50 per cent in the morning trade.
Watch out for these penny stocks locked in the upper circuit on August 16 Watch out for these penny stocks locked in the upper circuit on August 16 Sensex and Nifty indices initiated the session with declines, marking drops of 0.21 per cent and 0.31 per cent respectively. DSIJ Intelligence / Wednesday, August 16, 2023 / Article rating: 4.1 Assessing the broader market sentiment, approximately 993 stocks are on an upward trajectory, while 887 stocks are witnessing declines. This balanced discrepancy reflects a neutral sentiment prevailing in the broader market landscape.
Multibagger stock under Rs 50: This micro-cap company reports a 76 per cent jump in net profit; scrip up by 2,700 per cent in 3 years! Multibagger stock under Rs 50: This micro-cap company reports a 76 per cent jump in net profit; scrip up by 2,700 per cent in 3 years! In the previous financial year, the company announced bonus shares in the ratio of 4:1. The bonus issue went effective on January 06, 2023. DSIJ Intelligence-1 / Wednesday, August 16, 2023 / Article rating: 3.8 Additionally, as per bulk deal data available on BSE, Societe Generale, a Foreign Institutional Investor (FII) picked up 60,00,000 shares in Rama Steel Tubes on July 18, 2023, at an average price of Rs 38.17 per share totalling to Rs 22.90 crore.