Market Wrap: Benchmark indices close higher while Nifty Metal surges over 2.5 per cent!
Market Wrap: Benchmark indices close higher while Nifty Metal surges over 2.5 per cent!
On Wednesday, Benchmark indices concluded the trading day on a positive note as Sensex marginally gained by 0.16 per cent and closed at 73,852.94 level, while Nifty also marginally gained by 0.15 per cent and closed at 22,402.40 level.
On April 23, 2024, foreign institutional investors (FII) offloaded shares worth Rs 3,044.54 crore, while domestic institutional investors (DII) bought shares worth Rs 2,918.94 crore.
Turnaround story in this multibagger penny stock at Rs 20.64: This micro-cap company reports a 2,522 per cent jump in net profit to Rs 5.57 crore
The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 10 per share.
The company has a market cap of Rs 163.44 crore with a PE of 17.2x, an ROE of 13 per cent and an ROCE of 20 per cent.
Watch out for these Penny Stocks locked in the upper circuit on April 24
Sensex has moderately gained by 0.38 per cent, while the Nifty also gained by 0.37 per cent.
About 2,377 stocks are advancing compared to 1,320 stocks that are declining, thus indicating a positive sentiment in the broader market.
Rs 21,500 crore order book and FIIs & DIIs increase stake: Heavy buying in this multibagger shipbuilding & repair stock; hit 52-week high!
The stock gave multibagger returns of 420 per cent in just 1 year whereas BSE Sensex Index is up by 24 per cent.
The stock gave multibagger returns of 420 per cent in just 1 year whereas BSE Sensex Index is up by 24 per cent.
FIIs bought 9,62,291 shares & Ashish Kacholia bought 25,000 shares of this multibagger forging stock: Company is likely to announce stellar annual results; details inside!
The stock gave multibagger returns of 175 per cent in just 1 year whereas BSE Small-Cap Index is up by 66 per cent.
The company has a market capitalization of Rs 2,660 crore and the shares of the company have an ROE of 22 per cent & an ROCE of 27 per cent.
1:1 Bonus Share & 48 per cent up from its 52-week low: LIC-backed multibagger penny stock at Rs 3.78 hit back-to-back upper circuits; PAT zooms over 700 per cent!
The stock is up by 48 per cent from its 52-week low of Rs 2.55 per share and gave multibagger returns of 320 per cent in just 2 years and a whopping 845 per cent in 5 years.
In the recent trading session, the stock has been hitting back-to-back upper circuits.
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Top three stocks that saw heavy demand from buyers in the pre-opening session today
These three stocks were the top gainers on BSE in the pre-opening session today.
At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 88.16 points or 0.12 per cent.
1:10 stock split & 520 per cent returns in this multibagger penny stock; Company reports a 257.2 per cent jump in net profit to Rs 5.74 crore
From Rs 2.27 to Rs 14.08 per share, the stock gave multibagger returns of over 500 per cent in 3 years.
From Rs 2.27 to Rs 14.08 per share, the stock gave multibagger returns of over 500 per cent in 3 years.
Low PE; high ROE & high ROCE multibagger stock: This civil construction company acquires a 100 per cent ownership of Square Port Shipyard Pvt Ltd
The stock gave multibagger returns of 307 per cent in just 1 year, 9,350 per cent in 3 years and a whopping 29,000 per cent in 5 years.
The shares of the company have a PE of 12x whereas the sectoral PE is 19x with an ROE of 86 per cent & an ROCE of 84 per cent.
Multibagger penny stock below Rs 6: This micro-cap company receives fresh orders worth Rs 11,00,00,000; details inside!
From Rs 2.66 per share (52-week low) to Rs 5.37 per share, the stock gave multibagger returns of over 100 per cent.
From Rs 2.66 per share (52-week low) to Rs 5.37 per share, the stock gave multibagger returns of over 100 per cent.
Rs 50,00,00,000 investment: This multibagger micro-cap company acquired luxury staycation property and commercial retail spaces!
The stock gave multibagger returns of 1,030 per cent in just 6 months and a whopping 5,100 per cent in 1 year.
The stock gave multibagger returns of 1,030 per cent in just 6 months and a whopping 5,100 per cent in 1 year.