Penny stock at Rs 23.15: This micro-cap company is expanding more into textile industry and acquired 37.72 per cent stake of Chiripal Textile Mills Pvt Ltd
Penny stock at Rs 23.15: This micro-cap company is expanding more into textile industry and acquired 37.72 per cent stake of Chiripal Textile Mills Pvt Ltd
The shares of the company have a PE of 17.5x, an ROE of 15 per cent and an ROCE of 15 per cent.
The company has a market cap of over Rs 400 crore and has delivered good profit growth of 26.8 per cent CAGR over the last 5 years.
Benchmark indices open on a negative note with Nifty PSU Bank in focus!
On Wednesday, Indian markets initiated the trading day on a positive note with Sensex opening moderately lower by 0.38 per cent, while Nifty also opened lower by 0.34 per cent.
On May 07, 2024, foreign institutional investors (FII) offloaded shares worth Rs 3,668.84 crore, while domestic institutional investors (DII) bought shares worth Rs 2,304.50 crore.
4:1 bonus shares & Rs 2,326 crore order book: This multibagger engineering company is into expansion of business with acquisition of EMC Ltd; details inside!
The stock gave multibagger returns of 130 per cent in 1 year and a whopping 890 per cent in 5 years.
The stock gave multibagger returns of 130 per cent in 1 year and a whopping 890 per cent in 5 years.
10 crucial factors to consider when evaluating a company's order book!
Investors often look for companies that consistently receive orders from their clients. However, it is important to consider other factors before making any investment decisions.
Investors rely on the order book to assess a company's potential, but smart investment decisions require looking beyond order quantity and considering other factors.
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 73,314.47 signifying a loss of 197.38 points or 0.27 per cent over its previous closing.
Promoters bought 12.64 lakh shares, FIIs and DIIs increased their stake in this multibagger company, Board likely to announce stock split this week!
The company's shares have delivered an impressive return of over 2,500 per cent in the past five years.
The board is likely to announce a dividend as well as a stock split this week on May 09, 2024. Investors must keep this multibagger stock on their radar.
Rs 4,225 crore of dividend announced by Vedanta’s flagship company; government owns 29.5 per cent stake in the company!
In FY24, the company achieved its second-highest annual consolidated revenue, this was accompanied by the second-highest annual EBITDA.
The Government, which also holds a 29.5 per cent stake in Hindustan Zinc, will also receive a payout of Rs 1,247 crore.
Q4FY24 highlights: Company with Rs 40,232 crore revenue embraces data analytics and AI integration!
The stock has experienced significant buying activity, yielding returns of more than 11 per cent in the last one year.
FY24 witnessed comparable volume and revenue growth, while FY25F anticipates improved volume growth post-general elections.
Ace Investor Shankar Sharma purchased 3.65 lakh shares in this small-cap company; Promoters increased their stakes in Q4 FY24
The company's shares have delivered a multibagger return of around 4,535 per cent in the past five years.
FIIs and DIIs have entered the company by acquiring stakes of 0.12 per cent and 0.08 per cent, respectively, as per the recent quarterly update.
Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Wednesday, May 08, 2024.
In the broader market, 1,034 stocks advanced compared to 2,794 stocks declining, pointing towards a negative sentiment overall.
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 surged by 2.45 per cent, reflecting an increase in market volatility.
650 per cent returns and 50 per cent dividend announced: This multibagger micro-cap stock reports 100 per cent increase in net profit!
Shares of the company gained more than 90 per cent in the last six months.
Shares of the company gained more than 90 per cent in the last six months.