Zero-debt gems: Companies under Rs 1000 crore market cap
Zero-debt gems: Companies under Rs 1000 crore market cap
Zero-debt companies are perceived as financially stronger and more reliable, which can lead to a higher valuation and attract more investors seeking stability and lower risk.
Without debt obligations, a company has a lower financial burden, making them less vulnerable to economic downturns or rising interest rates, as they don't have to worry about meeting debt payments.
Penny stock at Rs 21: This IT consulting company enters into nonbinding SPA to acquire 100 per cent stake in US-Based ERP solutions company!
The company's shares have an ROE of 28.2 per cent and an ROCE of 23.2 per cent.
The stock is up by 83 per cent from its 52-week low of Rs 11.49 per share and multibagger returns of 248 per cent in 3 years.
Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Thursday, April 25, 2024.
About 2,228 stocks were advancing compared to 1,594 stocks that were declining, thus indicating a positive sentiment in the broader market.
Vijay Kedia’s portfolio multibagger penny stock with Rs 19,134.7 crore order book; Board set a floor price for the QIP at Rs 59.50 per share!
The stock gave multibagger returns of 255 per cent in just 1 year whereas BSE Small-Cap Index is up by 65 per cent.
The stock gave multibagger returns of 255 per cent in just 1 year whereas BSE Small-Cap Index is up by 65 per cent.
Price Volume breakout stocks: These stocks likely to be in focus Tomorrow!
Top 3 price-volume breakout stocks
Market volatility, as indicated by India VIX, has marginally gained by 1.5 per cent, reflecting an increase in market volatility.
Rs 3,200 crore order book: This multibagger civil construction company bags new orders worth Rs 412,81,85,732.06 from Raipur Railway Station
The stock gave multibagger returns of 210 per cent in just 1 year whereas BSE Sensex Index is up by 23 per cent.
The stock gave multibagger returns of 210 per cent in just 1 year whereas BSE Sensex Index is up by 23 per cent.
This travel tech start-up secures USD 3.9 million investment led by Easy Trip Planners Ltd
The strategic investment will play a pivotal role in fueling the company's ambitious expansion plans while the company has experienced exceptional revenue growth, exceeding 100% from FY 2021-22 to 2022-23.
EaseMyTrip CEO Nishant Pitti said the investment will help broaden nonhair travel services and improve offerings for corporate clients.
Shares below Rs 100: Only buyers were seen in these stocks on April 24
BSE-listed companies' market capitalisation is approximately - Rs 401 lakh crore or USD 4.82 trillion as of April 24, 2024.
The broader markets were in the green territory, with the BSE Mid-cap Index up 0.92 per cent and the BSE Small-cap Index up 0.79 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.