Rs 2,000 crore capex: Company plans to enhance and modernize existing capacity, along with venturing into green power generation!
Rs 2,000 crore capex: Company plans to enhance and modernize existing capacity, along with venturing into green power generation!
The company's shares have rewarded their shareholders with an impressive return of over 500 per cent.
The rationale behind these strategic moves is multifaceted. It aims to foster better business synergies and secure a competitive advantage in the market also capacity expansion is a response to the increasing demand for the company’s products.
What Capex means to investors: Its impact on stock prices and reliability as a growth indicator!
Substantial investments in CapEx may tighten margins, but rest assured, as production increases, shareholder value follows suit. While it requires patience, the waiting game often yields generous returns in the medium to long term.
For investors, CapEx isn’t just jargon it's a glimpse into a company's resource management and strategic financial decisions, shaping its profitability.
2,500 per cent returns and FIIs increase stake: Heavy buying witnessed in this multibagger railway stock with Rs 7,10,166 lakh order book!
Shares of the company gained more than 50 per cent in the last six months.
Shares of the company gained more than 50 per cent in the last six months.
1:5 bonus share: Turnaround story in this multibagger penny stock below Rs 35; PAT zooms over 15,000 per cent!
The stock gave multibagger returns of over 180 per cent from its 52-week low is Rs 11.85 per share.
The stock gave multibagger returns of over 180 per cent from its 52-week low is Rs 11.85 per share.
Rs 113 crore order book: This multibagger aerospace & defence company bags new order worth Rs 5.58 crore from Naval Dockyard, Mumbai
The stock gave multibagger returns of 163 per cent from its 52-week low of Rs 165 per share.
The company's shares have an ROE of 51 per cent and an ROCE of 34 per cent.
In conversation with Shri Bhavendra Kumar- Executive Director of Canara Bank
It's important to note that our aim is always to outperform our guidance, whether it's for the public or investors. This mindset of outperforming is fundamental to Canara Bank's approach, states Shri Bhavendra Kumar- Executive Director of Canara Bank.
We recognise that banks are evolving into technology companies, and we are prepared for this transition.
Rs 3,309 crore order book and FIIs & DIIs increase stake: Board likely to announces bonus shares & dividend – Company bags Rs 487 crore order from Central Railway
The stock gave multibagger returns of 338 per cent in just 1 year and a whopping 950 per cent in 3 years.
The company has a market cap of over Rs 1,200 crore with a PE of 25x and an ROE of 11 per cent.
Shares below Rs 100: Only buyers were seen in these stocks on May 10
BSE-listed companies' market capitalisation is approximately - Rs 397 lakh crore or USD 4.78 trillion as of May 10, 2024.
The broader markets were in the green territory, with the BSE Mid-cap Index up 0.81 per cent and the BSE Small-cap Index up 0.80 per cent.
Market Wrap: Benchmark indices close on a higher note while Broader indices outperform!
On Friday, Benchmark indices concluded trading day on a higher note as Sensex moderately gained by 0.36 per cent and closed at 72,664.47 level, while Nifty also gained by 0.44 per cent and closed at 22.055.20 level.
On May 09, 2024, foreign institutional investors (FII) offloaded shares worth Rs 6,994.86 crore, while domestic institutional investors (DII) bought shares worth Rs 5,642.53 crore.
Watch out for these Penny Stocks locked in the upper circuit on May 10
Sensex moderately rising by 0.27 per cent and Nifty gaining by 0.40 per cent.
Overall, the broader market sentiment is positive, with 2,108 stocks advancing compared to 1,501 stocks declining.
EV-charger & solar products manufacturer – Servotech Power Systems unveiled its financial results for the quarter and year ended March 31, 2024; PAT zooms over 200 per cent
From Rs 2.08 to Rs 84.80 per share, the stock delivered multibagger returns of 3,977 per cent in 3 years.
The 52-week high of the stock is Rs 108.70 and the 52-week low of Rs 30.489 with a market cap of Rs 1,777 crore.
Stock Split likely to be announced on May 24: Small-cap company’s Board allots 1,90,000 warrants which are convertible into equal number of equity shares to 5 investors!
The stock gave multibagger returns of over 700 per cent in a decade.
The company falls under the BSE Small-cap Index and has a market cap of over Rs 800 crore.