As of June 30, 2023, the company's total order book stood at Rs 542.84 Crore, comprising two main segments: AMC and Equipment.

The GIFT Nifty is signalling a slightly positive opening for the benchmark indices, with an increase of 43 points, following a 135-point gain in Nifty, which closed at 19,517 points on August 4. The GIFT Nifty futures are currently at 19,605 points.

This hidden gem, with a share price under Rs 50 and a market cap of around Rs 2,759 crore, belongs to the realm of small-cap wonders. On this memorable Monday, Dhani Services sprung to life with an astonishing leap of over 12 per cent, accompanied by a crescendo of trading volume. 

Shares of the company have gained more than 120 per cent in the last six months.

In the quarter ending June 2023, Mahindra & Mahindra Limited net profit stood at Rs 2,773.73 crore, marking a significant surge of 97.6 per cent compared to Rs 1,403.61 crore recorded in the corresponding quarter of the previous year.

The company reported net sales of Rs 30.17 crore in Q1FY24 compared to a net sales of Rs 33.46 per cent in Q1FY23 while the net profit increased by 2.24 per cent to Rs 5.95 crore in Q1FY24 compared to Q1FY23. In FY23, net sales increased by 37.37 per cent to Rs 137.39 crore and net profit increased by 41.40 per cent to Rs 25.22 crore compared to FY22.

Penny stock under Rs 20 hits upper circuit as Anti-Dumping duty propels 'Make in India' optical fibre company! The stock is locked at an upper circuit limit of 20 per cent at Rs 12

The Board further recommended a final dividend of Rs 0.10 (i.e., 5 per cent of equity share of Rs 2 each) per share for FY 22-23, subject to the declaration of the same by the members in the ensuing Annual General Meeting (AGM). The company fixed the record date for the final dividend as Thursday, August 31, 2023.

In the broader market sentiment, approximately 1271 stocks are in the advancing category in contrast to 599 stocks that are witnessing declines, underscoring a positive overall sentiment.

These encompass equities, commodities, currency trading, financial planning, depository services, personalized portfolio management (PCG) services, merchant banking, and investment banking solutions.

In the fourth quarter of fiscal year 2023 (Q4FY23), the company's net sales were 129.81 crores, which is lower than the net sales of 202.35 crores in Q4FY22. However, the net profit increased by 81 per cent to 1.81 crores in Q4FY23 compared to 1.01 crores in Q4FY22.

The significance lies in the fact that this breakout is accompanied by above-average volumes, which validates the Dow Theory principle of strength in numbers, highlighting larger participation in the direction of the trend.

Looking forward, the company plans to intensify its focus on research and development, aiming to fuel further growth through new product development

On Friday, the Sensex zoomed by 480 points to close at 65,721.25, while Nifty 50 surged by 133 points to close at 19,517

The company reported amazing numbers in its quarterly results and annual results. The net sales increased by 25.86 per cent to Rs 73 crore and net profit increased by 8.33 per cent to Rs 13 crore in Q4FY23 over Q4FY22. In FY23, the net sales increased by 15.81 per cent to Rs 271 crore and net profit increased by 10.87 per cent to Rs 51 crore over FY22.

Talking about the financials, V-Marc has a market cap of Rs 230 crore. According to the half-yearly results, the net sales increased by 6.40 per cent to Rs 133 crore and net profit increased by 100 per cent to Rs 8 crore in H2FY23 compared to H2FY22. In FY23, the net sales increased by 38 per cent to Rs 247 crore and net profit increased by 100 per cent to Rs 10 crore compared to FY22.

But the real challenge lies in answering the ultimate question: To be in the market or not to be? After all, today's promising move may not continue its momentum tomorrow.

On Friday, Indian equity markets ended on a positive note

Now, let's dive into the stock market spectacle that has accompanied Welspun's journey. The three jewels in its stock crown, namely Welspun India, Welspun Corp, and Welspun Enterprises, have showcased nothing short of a breathtaking performance

Shares of the company have gained more than 60 per cent in the last six months.

Penny stock Taparia Tools shines amid green market, locked in the upper circuit after securing order; robust profit growth, healthy dividend payout, and impressive financials make it a stock to watch!

Earlier, the company announced a stock split of equity shares of the company.

The stock is up by 28 per cent in 1 year and over 90 per cent in 3 years. From Rs 217.50 per share to Rs 800.95 per share, the stock gave multibagger returns of 268.25 per cent since the stock is listed on the exchanges (June 02, 2017 – BSE Scrip Code: 540544; NSE Scrip Code: PSPPROJECT). 

Shares of the company have gained more than 80 per cent in the last six months.

According to the financials, the company has a market cap of Rs 172.26 crore and reported excellent quarterly results and annual results. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22.

The shares of the company have gained about 45 per cent in the last six months.

In both its quarterly and annual results, the company reported positive numbers. In the financial year 2024, the company order book stands at over Rs 2,600 crore orders including the above order.

The stock's low price-to-earnings (PE) ratio of 4.5x adds another layer of intrigue. A low PE ratio often suggests that the stock might be trading at a discount relative to its earnings potential.

Avoid common mistakes and increase your chances of success in the stock market.

Torrent Power, with a turnover of Rs 25,694 crore (approx. USD 3 billion) is the integrated power utility of the diversified Torrent Group with group revenues of Rs 37,600 crore (approx. USD 4.5 billion) and a market cap of Rs 1,00,000 crore (approx. USD 12 billion). It is one of the largest power companies in India with a presence across the entire power value chain of generation, transmission, and distribution.

Shares of the company grew by more than 40 per cent in the last six months.

Earlier, the company bagged an order worth Rs 40 crore export order.

Top 5 mind-blowing documentaries and movies that will make you say ‘OMG’…the world of documentaries, movies, and web series offers, all while retaining a thematic connection to the realm of finance, business, and innovation?

The stock has a ROE of 40.50 per cent and a ROCE of 53.10 per cent respectively. The stock gave multibagger returns of 250 per cent in just 1 year whereas BSE Small-cap Index is up by 27 per cent.

On Friday, shares of the company surged by more than 4 per cent and traded at its 52-week high of Rs 247.90. Additionally, the scrip had a spurt in volume by more than 2.19 times.

Talking about the financials, the company has a market cap of over Rs 400 crore. The net sales increased by 160 per cent to Rs 30.98 crore and net profit increased by 346 per cent to Rs 8.88 crore in Q4FY23 compared to Q4FY22. The net sales increased by 69.60 per cent to Rs 58.22 crore and net profit increased by 152 per cent to Rs 6.28 crore in FY23 compared to FY22.

Authored by Umesh Mohanan, Executive Director and CEO of Indel Money

Here are some of the key benefits of investing in mutual funds, including professional management, diversification, and liquidity.

As of June 30, 2023, the company’s order book stood at Rs 10,938 crore which is spread across its three business units- Optical Networking, Global Services, and Digital. The shares of the company saw a spurt in volume by more than 2.22 times on BSE.

On Friday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.74 per cent at 65,721.25 and the NSE Nifty-50 Index up 0.70 per cent at 19,517. 

Over the past five years, the company has achieved an impressive CAGR of 90.1 per cent in terms of profit growth. 

The GIFT Nifty futures are signaling a slightly positive opening for the benchmark indices, with an increase of 33 points. This comes after Nifty experienced a decline of 144 points, closing at 19,381 points on August 3. The GIFT Nifty futures are currently at 19,489 points.

The company’s repayment of debt in order to move ahead on its plans to become a debt-free entity in the ongoing financial year. As a part of its defined debt-reduction program, it has further repaid bank debts by Rs 7.30 crore, taking the total amount of bank debt reduced to Rs 71.8 crore and the overall bank-debt reduction to Rs 98.2 crore approx. from the peak level of about Rs 170 crore, till date.

Today shares of company has hit all time high and shown spurt in volume by 3.25 times.

Additionally, all the moving averages are currently in an uptrend and align in a desirable sequence, suggesting a favorable sentiment. The daily RSI has marked a fresh swing high on the daily time scale, continuing to rise, while the weekly RSI remains in a strong bullish zone

The total capex is estimated to be in the range of, and it will be funded from their internal accruals. It's like a supernova of growth potential! The Indian stainless-steel sector is a powerhouse, being the 2nd largest producer and consumer worldwide, with a massive manufacturing capacity of over 6.8 million tons annually.

The price band of the issue has been fixed at Rs 705 to Rs 741 per equity share. The issue size is Rs 1,551 crore at a higher price band.

Today it has hit fresh 52 week high and over the past one year shares of company has increased by 68 per cent.

The shares have given over 85 per cent in the last year and 241 per cent in the past two years.

Additionally, The Board have declared a final dividend on equity shares for the first time ever at 10 per cent or Rs 1 per equity share of the face value of Rs 10 for the financial year ended March 31, 2023. In addition, the company is the first SME enterprise from the region of Jammu and Kashmir to be listed on a stock exchange.

The overall market sentiment seems positive, as approximately 1532 stocks are advancing compared to 332 stocks that are declining in the broader market.

Previously, the company signed the memorandum of understanding (MOU) with Chetak Equine Development Private Limited (CEDPL) on July 18, 2023, to Co-organize the Show named Sarangkheda Chetak Festival for the upcoming 10 years.

The stock gave multibagger returns of 112 per cent in just 6 months and over 200 per cent in 1 year. The stock gave multibagger returns of 230 per cent in just 6 months and over 400 per cent in 1 year.

The acquisition of SIL will help ACL to strengthen its market leadership and increase its cement capacity to 73.6 MTPA from the current 67.5 MTPA. With the ongoing capex of 14 MTPA and with commissioning of 5.5 MTPA capacity at Dahej and Ametha by Q2 of FY24, the Adani Group’s capacity will be 101 MTPA by 2025.

Shares of the company gained more than 35 per cent in the last six months.

The proposal for fund-raising by way of issuance of equity shares of face value of Rs. 1 each of the company to its eligible equity shareholders on a rights basis ("Rights issue") for a value of up to Rs. 300 crore or through any other mode of capital raising.

The company has received an order from Oil and Natural Gas Corporation Limited (ONGC) for the revamping of SV stations, Gas Terminal & Kribhco Terminal of ONGC, Hazira Plant on EPC reimbursable [Open Book Estimate (OBE)] Basis. The project is worth Rs 837.34 crore and it will be completed in 45 months from LOI. 

Mahindra raises USD 145 million from Temasek to boost EV sales

The company has consistently maintained a robust dividend payout ratio of 18.2 per cent.

According to the financials, Dilip Buildcon has a market cap of over Rs 4,500 crore. The net sales increased by 14.01 per cent and the net profit increased by 1,852.61 per cent in Q4FY23 over Q4FY22. The net sales increased by 12.36 per cent and the net profit increased by 357.96 per cent in FY23 over FY22.

The company has delivered stellar returns of 371 per cent over the past 3 years and significant returns of 223 per cent over the past 5 years.

Recommendations Based on Street Talk

Review of 1 stock recommended in the past.

1 stock recommendation each based on Fundamental Analysis along with timely review to provide you with handsome profits.

In the ever-ebbing tides of the financial world, a famous quote by English author W W Jacobs rings true: “Be careful what you wish for, you may receive it.”

This indicator measures the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages. The 200-DMA is considered important as it is one of the basic technical indicators that can be used to determine the long-term trend of a security.

According to the quarterly results, the company reported net sales of Rs 14.08 crore. The operating profit skyrocketed by 792.50 per cent to Rs 0.36 crore and net profit skyrocketed by 1,034.48 per cent to Rs 0.33 crore in Q1FY24 compared to Q1FY23.

Expert guidance to subscribers’ queries on stocks held by them.

Technical Analysis of 1 stock (with 15-day horizon).

Annual Results: The net sales increased by 105.48 per cent to Rs 2,758.19 crore and the net profit skyrocketed by 479.59 per cent to Rs 722.55 crore in FY23 compared to FY22.

On Thursday, Indian equity markets ended on a negative note

Government’s continued emphasis and rising investments in the infrastructure sector present encouraging long-term opportunities for investors, affirms Nimesh Chandan, CIO, Bajaj Finserv Asset Management Limited

On Thursday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.82 per cent at 65,240 and the NSE Nifty-50 Index down 0.74 per cent at 19,382.

The GIFT Nifty suggests a slightly positive to neutral opening for the benchmark indices, with a 12-point increase following the Nifty's 207-point decline, closing at 19,526 level on August 2. Meanwhile, GIFT Nifty futures were recorded at 19,513 points.

The price band of the issue has been fixed at Rs 54 to Rs 57 per equity share. The issue size is Rs 1,025.00 crore at a higher price band.

Authored by Vickash Chowdhary, Founder, Alpine Primo

Shares of the company gained more than 50 per cent in the last six months.

The market is buzzing with excitement because stock is known for offering great bonus share ratios. Stock has been on fire in the market, giving a mind-blowing 1100% gain in the last three years

Annual Results: The net sales increased by 19.96 per cent to Rs 809.15 crore and the net profit increased by 47.43 per cent to Rs 28.53 crore in FY23 compared to FY22.

The overall market breadth seems positive, with about 1321 stocks advancing and only 507 stocks declining, suggesting a favorable sentiment in the broader market.

The company has been able to grow its sales by 22 per cent (CAGR) for the past 3 years and net profit has grown by 76 per cent (CAGR) for the same period.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 354.47 points or 0.54 per cent.

This company is a large-cap having a market cap of over Rs 70,000 crore. According to the quarterly and annual financial results, the company reported positive numbers. The company has been maintaining a healthy dividend payout of 36.70 per cent.

Annual Results: The net sales increased by 17.56 per cent to Rs 2,338.30 crore and the net profit increased by 12.47 per cent to Rs 148.34 crore in FY23 over FY22. The EPS for FY23 stood at Rs 27.62. Out of the total revenue in FY23, domestic is 72 per cent and international is 28 per cent.

The company reported net sales of Rs 129.81 crore in Q4FY23 compared to net sales of Rs 202.35 crore in Q4FY22 while the net profit increased by 81 per cent to Rs 1.81 crore in Q4FY23 over Q4FY22. The net sales increased by 14 per cent to Rs 689 crore and net profit skyrocketed by 167 per cent to Rs 8 crore in FY23 over FY22.

Owing to the positive news the stock made a fresh 52-week high gaining about 6 per cent.

This partnership underscores the Company's dedication to leveraging innovative financing solutions to strengthen its position in the market.

The stock of the company was listed on NSE as an SME company with a lot size of Rs 1,600 equity shares on February 03, 2023. The company has a market cap of Rs 50 crore. The net sales increased by 3.15 per cent to Rs 218 crore and net profit skyrocketed 300 per cent to Rs 4 crore.

The company reported a net profit of Rs. 9.49 crore for FY23, exhibiting a remarkable year-on-year growth of 55.4 per cent when compared to the net profit of Rs. 6.10 crore achieved in FY22

The company has a market cap of Rs 77 crore. According to the annual results, the net sales increased by 64.55 per cent to Rs 181 crore and the net profit skyrocketed by 200 per cent to Rs 6 crore in FY23 compared to FY22.  

After the results shares of the company hit an all-time high today and over the past year it has given return of 48.68 per cent.

The company's financial performance is strong. Its quarterly and annual consolidated financial statements showed positive results. As of March 31, 2023, the company has a large order book worth Rs 9,079 crore. The company is also nearly debt-free and consistently offers a healthy dividend payout of 71.60 per cent.

Overall, Trident Lifeline Limited's Q1FY24 financial performance demonstrates its strong market position and ability to capitalize on growth opportunities in the pharmaceutical industry.

According to the annual results, the net sales increased by 2.25 per cent to Rs 182 crore and net profit skyrocketed by 300 per cent to Rs 2 crore in FY23 over FY22.

Recently, the company announced its quarterly results ended June 30, 2023 wherein the net sales increased by 33.55 per cent to Rs 47,882 crore and net profit increased by 39 per cent to Rs 3,096 crore in Q1FY24 over Q1FY23. As of June 30, 2023, the company order book stands at Rs 4.13 lakh crore.

On Wednesday, Indian equity markets ended on a negative note

On Wednesday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 1.02 per cent at 66,783 and the NSE Nifty-50 Index down 1.05 per cent at 19,527.

The benchmark indices are expected to open slightly lower, indicated by the GIFT Nifty showing a loss of 50 points. This comes after the Nifty closed down by 20 points at 19,733 points on August 1. The GIFT Nifty futures were recorded at 19,782 points.

These stocks from S&P BSE 250 SmallCap space were trading in the green after strong demand from buyers.

There's more! The fascinating aspect is that the stock has been consistently paying dividends since 2004. Such a track record of dividend payouts adds a layer of confidence and allure for investors.