Benchmark indices plummet amidst positive cues from European markets!
Benchmark indices plummet amidst positive cues from European markets!
European markets are heading for a positive start to Tuesday’s trading session as traders look ahead to busy day of earnings reports in the region. European futures DAX, CAC and FTSE trade higher by 0.20 per cent and 0.07 and 0.62 per cent respectively.
On May 06, 2024, foreign institutional investors (FII) offloaded shares worth Rs 2,168.75 crore, while domestic institutional investors (DII) bought shares worth Rs 781.39 crore.
Back-to-back volume surge in this multibagger textile stock under Rs 50; Promoters have held a constant 64.87 per cent stake in the company for the past 6 years!
From Rs 17.26 (52-week low) to Rs 41.50 per share, the stock gave multibagger returns of 140 per cent.
Furthermore, promoters have held a constant 64.87 per cent stake in the company for the past 6 years.
Watch out for these Penny Stocks locked in the upper circuit on May 07
Sensex showing a moderate decline of 0.75 per cent and the Nifty also dropping by 0.69 per cent.
The overall sentiment in the broader market is negative, with 948 stocks advancing and 2,677 stocks declining.
Rs 40,000 crore buyback announced by Government of India opening on May 9, 2024: Complete details inside!
The auction, set for May 9, 2024, from 10:30 AM to 11:30 AM, will employ the multiple price method. Investors must electronically submit offers via the Reserve Bank of India Core Banking Solution (E-Kuber) system.
The significant move aims to handle debt responsibilities and streamline financial procedures.
Bonus Alert: Single-digit PE & high ROE multibagger stock to give free shares after 7 years!
The stock gave multibagger returns of over 100 per cent in just 1 year whereas BSE Mid-Cap Index is up by 60 per cent.
The shares of the company have a PE of 5x and an ROE of 38.4 per cent.
Rekha Jhunjhunwala-backed small-cap company secured an international repeat order worth 34 million euros, complete details inside!
The company's shares have delivered an impressive return of over 130 per cent in the past one year.
Rekha Rakesh Jhunjhunwala holds a significant portion in the company, amounting to 8.04 per cent, with the current valuation of the holdings estimated at around Rs 473 crore.
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.
By 9.15 am, the index stood at 73,993.21 signifying a gain of 97.67 points or 0.13 per cent over its previous closing.
Back-to-Back upper circuit: Shares of Reliance-backed renewable energy company rallied 5 per cent today; Q4 FY24 sales skyrocketed by 1,200 per cent; DIIs Increased Stake
The company's shares have delivered a multibagger return of around 156 per cent in the past six months only.
The company posted a net profit after experiencing back-to-back losses in each of the past 12 quarters, demonstrating a significant growth of 100 per cent.
Rekha Rakesh Jhunjhunwala loses over Rs 1,200 crore in a single day as shares fall around 8 per cent today!
The company's shares have delivered a multibagger return of around 127 per cent in the past three years.
The company has revised down its EPS projections by 8 percent for FY25 and 2 percent for FY26. After reviewing the performance in 4Q FY24 and considering the near-term margin challenges in the Jewellery sector.
Penny stock under Rs 15 and Rs 7,281 million order book: This multibagger infrastructure stock reports an 1,874 per cent increase in net profit!
Shares of this company jumped more than 60 per cent in the last six months.
Shares of this company jumped more than 60 per cent in the last six months.
10:1 Stock Split: Heavy buying was witnessed in this investment company’s stock; scrip hit 20 consecutive upper circuits!
The stock gave multibagger returns of 322 per cent in just 6 months, 900 per cent returns in 1 year and a whopping 3,000 per cent in 3 years.
The stock gave multibagger returns of 322 per cent in just 6 months, 900 per cent returns in 1 year and a whopping 3,000 per cent in 3 years.
Penny stock under Rs 50: Company’s net profit surged by 251 per cent in Q4 FY24; stock rallied 20 per cent and hit upper circuit, and trading at a 24 per cent discount!
Company posted robust growth in its sales, operating profits, and net profit in Q4 FY24, check the complete details inside.
The leading manufacturer and supplier of industrial raw materials has recently declared the installation of a 575 KW Solar PV Power Plant at its facility situated in Panoli, GIDC, showcasing its commitment to environmental responsibility.