Shares below Rs 100: Only buyers were seen in these stocks on May 02
Shares below Rs 100: Only buyers were seen in these stocks on May 02
BSE-listed companies' market capitalisation is approximately - Rs 408 lakh crore or USD 4.90 trillion as of May 02, 2024.
The broader markets were in the green territory, with the BSE Mid-cap Index up 1 per cent and the BSE Small-cap Index up 0.91 per cent.
Market Wrap: Benchmark indices close positively while Nifty Auto surged over 1 per cent!
On Thursday, Benchmark indices concluded the trading day on a positive note as Sensex moderately gained by 0.17 per cent and closed at 74,611.11 level, while Nifty also gained by 0.19 per cent and closed at 22,648.20 level.
On April 30, 2024, foreign institutional investors (FII) bought shares worth Rs 1,071.93 crore, while domestic institutional investors (DII) bought shares worth Rs 1,429.11 crore.
High ROE and ROCE multibagger stock: Indian music label company reports blockbuster performance; PAT jumps 66 per cent!
The dividend for FY24 stood at Rs 6 per share taking the dividend payout ratio to 60.6 per cent.
The content cost for the quarter stood at Rs 23.9 crore compared to Rs 19 crore in Q4FY23. The Content cost for FY24 stood at Rs 55.6 crore.
EURO 4,50,00,000 contract: This IT-company enters into a strategic partnership with FORVIA – details inside!
The shares of the company have an ROE of 26 per cent and an ROCE of 33 per cent.
The shares of the company have an ROE of 26 per cent and an ROCE of 33 per cent.
PhonePe backed monopoly IT company partners with Kia India for providing navigation solutions; FIIs and DIIs increased stake in Q4 FY24
PhonePe Private Limited holds a substantial stake of 18.86 per cent in the company, according to the Q4 FY24 update.
PhonePe Private Limited holds a substantial stake of 18.86 per cent in the company, according to the Q4 FY24 update.
NIFTY Index Chart Analysis
NIFTY ERASES BEARISH BIAS
With huge three-day price swings during the last week, equities rebounded and closed almost at the previous week’s high.
Rs 220,00,00,000 capex plan: This speciality chemicals company is into expansion of business & announced stellar results; promoters & DIIs increase stake!
The stock gave multibagger returns of 250 per cent in just 1 year and a whopping 700 per cent in 3 years.
The promoters of the company have increased their stake to 50.29 per cent and DIIs have increased their stake to 2.12 per cent in March 2024 compared to 44.79 per cent and 0.63 per cent respectively in December 2023.
Watch out for these Penny Stocks locked in the upper circuit on May 02
Sensex surging by 0.35 per cent and Nifty also up by 0.39 per cent.
The broader market sentiment is positive, with 1,168 stocks advancing compared to 932 stocks declining.
1000 per cent multibagger returns: This small-cap solar manufacturer secures significant orders for supply of solar PV modules, stock hits upper circuit today!
The company's shares have generated an impressive multibagger return of over 180 per cent in the past six months only.
The promoters increased their stake in the company in Q4 FY24.
Recommendation from IT sector and Food Processing Sector
The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.
Heavy buying: Back-to-back upper circuit in this multibagger stock; reports a 3,800 per cent jump in net profit!
Shares of the company have gained about 90 per cent in the last six months.
Shares of the company have gained about 90 per cent in the last six months.
Kerbside
These stock recommendations are predominantly momentum based stocks and based on Word of Mouth.
These stock recommendations are predominantly momentum based stocks and based on Word of Mouth. They are more based on hearsay and comprised of stock recommendations provided by brokers, analysts and dealers (not affiliated to DSIJ).