The company has made significant progress in reducing its debt and is now on track to become debt-free. It has also consistently paid out a generous dividend of 19.9 per cent, demonstrating its commitment to rewarding shareholders while maintaining financial stability. The company has a market cap of over Rs 11,000 crore.

In FY23, net sales increased by 12.70 per cent to Rs 2,344 crore and net profit increased by 35.71 per cent to Rs 38 crore compared to FY22.

Strengthening this partnership further, Delhivery and Havells will jointly inaugurate new warehouses in western India to cater to the multi-channel demand spanning general and modern trade to emerging e-commerce retail. With its latest acquisition of Algorhythm tech, Delhivery will seek to unlock further value through data-driven optimization of Havells’ supply chain.

It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets.

Shares of the company grew by more than 140 per cent in the last six months.

Overall, about 1000 stocks advanced, and 836 stocks declined, suggesting a positive broader market sentiment and a promising start to the trading session.

The company has a market cap of Rs 5,000 crore. Furthermore, the company have approved a dividend of 75 per cent or Rs 0.75 per share of a face value of Rs 1 each for the financial year March 31, 2023.

Shares of the company have gained more than 200 per cent in the last six months.

Earlier, the company announced stellar financial performance for the quarter ended June 30, 2023. The revenue from operations grew by 143.42 per cent to Rs 1894.66 lakh, EBITDA increased by 226.88 per cent to Rs 53.02 lakh and PAT increased by 145 per cent to Rs 33.88 lakh in Q1FY24 compared to Q1FY23.

According to the annual results, the net sales increased by 75.89 per cent to Rs 1,091 crore and net profit increased by 38.73 per cent to Rs 39.40 crore in FY23 over FY22. The shares of the company have a PE of 16x, an ROE of 16 per cent and a ROCE of 18 per cent.

It is engaged in developing, owning, and operating a diversified portfolio of wind energy power plants. The company has a market cap of over Rs 1,000 crore with a 3-year stock price CAGR of 86 per cent.

Incorporated in 1985, the company is a provider of services viz. money changing, forex, travel and share broking. The company has a market cap of Rs 25.61 crore with a 3-year CAGR of 46 per cent. The promoters of the company own a 74.90 per cent stake while the rest 25.10 per cent stake is owned by the general public.

Shares of the company gained about 20 per cent in the last six months.

The company has a market cap of Rs 190 crore. The shares of the company have a PE of 5.56x and a ROE of 23 per cent. The stock is up 30.67 per cent in just 1 month and over 70 per cent in 3 months.

Both the FIIs and DIIs have increased their holding in the company as per the June quarter update. 

Furthermore, the company announced that a meeting of the Board of Directors of the company will be held on Friday, August 11, 2023, to consider unaudited financial results of the company for the 1st quarter ended June 30, 2023 and likely to announce dividend if any.

The company is filled with enthusiasm for the array of opportunities that lie on the horizon.

The company manufactures critical component systems and test facilities for submarines and surface ships for The Indian Navy. The company has a market cap of Rs 658 crore.

On Tuesday, shares of the company surged by 20 per cent and reached its uppers circuit limit of Rs 92.48.

Additionally, the company secured an order from BDL and BEL last month in July for the supply of High Mobility Vehicles (HMV), with a total contract value of Rs 385 crore.

The stock witnessed significant buying activity as it has given multibagger returns of more than 350 per cent in just 3 years

The stock has displayed remarkable performance, delivering an impressive 650 per cent return in a year and a multibagger 1650 per cent return in the last three years.

With just a market capitalization of Rs 44.41 Crore company bagged orders worth Rs 15.40 Crore.

With a market capitalisation of just Rs 55 crore, the stock has generated a multibagger return of 383 per cent in three years.

Earlier, the company received LOA from Gail (India) Limited for hiring services for the acquisition of seismic data in Block RJONHP20211 from Gail (India) Limited in Rajasthan. The value of LOA is Rs 16.69 crore. The contract duration is 6 months.

The stock is trading at all-time high levels and crossed a significant milestone of Rs 400 each. The stock has displayed remarkable performance an impressive 387 per cent return in the last three years.

On Tuesday, Indian equity markets ended on a negative note

On Tuesday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.16 per cent at 65,847 and the NSE Nifty-50 Index down 0.13 per cent at 19,571.

The GIFT Nifty points towards a slightly downward beginning for the benchmark indices, showing a decrease of 25 points. This follows the Nifty's previous closure at 19,597 points, having gained 80 points on August 7. The GIFT Nifty futures are currently positioned at 19,656 points.

Earlier, the company announced stock split wherein it will be converting equity shares with a face value of Rs 10 each into 5 equity shares with a face value of Rs 2 each with the record date set as Wednesday, February 15, 2023. The company has a market cap of Rs 380 crore with a 1-year CAGR of 49 per cent.

Sharma to become Paytm's largest shareholder with 19.42 per cent stake, Antfin's ownership down to 13.5 per cent.

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

Stipulated for a span of ten years, this endeavor holds the potential for an extension of up to an additional five years, further solidifying Praveg's position as a trailblazer in responsible luxury experiences.  

Over the past two consecutive days, including today, there has been a distinct surge in trading volumes. Today's trading volume surge is approximately 9.81 times its average trading volume.

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

Hero MotoCorp will start production of the Harley-Davidson X440 in September 2023 and commence customer deliveries from October onwards. The introductory ex-showroom prices have now been revised and the revised prices for the Denim, Vivid and S variants will be Rs 2,39,500, Rs 2,59,500 and Rs 2,79,500 respectively.

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The share saw a spurt in volume of 2.89 times on BSE.

Among the listed stocks, around 1257 are advancing compared to 582 stocks that are declining, indicating an overall positive sentiment in the broader market.

According to the annual results, net sales increased by 90.33 per cent to Rs 490.51 crore and net profit skyrocketed by 395.97 per cent to Rs 5.79 crore in FY23 over FY22. In the last financial year, the company declared bonus share in the ratio 1:1 and a dividend of Rs 0.0010 per share for a face value of Rs 1.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 12.51 points or 0.02 per cent.

The company has a market cap of Rs 330 crore and a 5-year stock price CAGR of 31 per cent. It is almost debt-free, with promoters holding a 73.66 per cent stake and the general public owning the remaining 26.34 per cent.

Shares of the company have gained more than 200 per cent in the last six months.

The company has received a completion certificate for a 4-lane project of Dodaballapur Bypass to Hoskote section of NH-648 (Old NH207) on Hybrid Annuity Mode under Bharatmala Pariyojna in the state of Karnataka (Package-II)” has been provisionally completed. The project was worth Rs 1,278 crore.

Earlier, the company had received orders valued at Rs 200 million approx. (Rs 20 crore) for supplying coal to one of the prestigious cement manufacturers namely Prism Johnson Limited (Cement unit II) promoted by the Rajan Raheja Group. The supplies for this order will start within the next 15 days and will be completed by October 31, 2023.

The company is the only drone manufacturer to receive type certificates from DGCA for three drone models.

Quarterly Results: The net sales increased by 2.35 per cent to Rs 1,522 crore and net profit skyrocketed by 316.67 per cent to Rs 52 crore in Q1FY24 compared to Q1FY23. The company has been maintaining a healthy dividend payout of 30.20 per cent

A testament to its ongoing prowess, the first quarter of FY24 witnessed a commendable addition - a substantial order worth Rs 527 crore. Moreover, the past six months alone have borne witness to a series of substantial orders totaling approximately Rs 1,600 crore.

Talking about the financials, BHEL has a market cap of over Rs 33,000 crore. The company reported excellent numbers in its quarterly results and annual results. The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs, and the general public.

BCML is one of the most efficient integrated sugar producers in the country. The company has grown its capacity through well-planned capacity expansion projects and the acquisition of existing companies over recent years. The allied businesses of the company comprise distillery operations and cogeneration of power.

The company has reported an increase of about 163.67 per cent in the net profit in Q1FY24.

According to the financials, BOML has a market cap of over Rs 700 crore. The net sales increased by 30 per cent to Rs 46.54 and the net profit increased by 28.26 per cent to Rs 2.95 crore in Q4FY23 over Q4FY22. In FY23, net sales increased by 81.33 per cent to Rs 91.50 crore and net profit skyrocketed by 174.13 per cent to Rs 7.10 crore over FY22.

The company has a ROCE of 21.2 per cent and a ROE of 19 per cent.

With a market capitalisation of just Rs 498 Crore, the stock has displayed remarkable performance in recent times, delivering a 75 per cent return over the last month and an impressive 121 per cent return year to date. 

Customized Solutions: In its foray into the media finance domain, the company aims to offer tailored financing solutions to producers on a case-by-case basis. The company plans to collaborate closely with filmmakers to structure finance packages that align with their project's specific needs and financial objectives.

The company has consistently bought back shares from the secondary market each year without creating a gap, albeit in smaller portions, consistently following this trend. From 37.39 per cent  it has significantly increased to 70.65 per cent over time.

On Monday, shares of the company surged by more than 7 per cent and traded at its new 52-week high of Rs 2,595.05.

The company has a market cap of Rs 180.62 crore. 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 a PE of 5.56x and a ROE of 23 per cent.

With a market capitalization of just Rs 325 Crore, the stock has displayed remarkable performance in recent times, delivering  an impressive 288 per cent return in the last two years and over the last three years would leave investors stunned, which is around 1273 per cent.  

As per the report, working women who engage in both online and offline cosmetic shopping tend to spend 1.6 times more than the average amount spent by all cosmetic buyers.  

On Monday, Indian equity markets ended on a positive note

As per the latest update, FII has raised its stakes significantly, increasing them from 0.08 per cent to 11.96 per cent.

While most small cap funds have been able to beat the BSE Sensex returns some of the top performing small cap funds have been able to generate 3x returns of the BSE Sensex

On Monday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.35 per cent at 65,953.48 and the NSE Nifty-50 Index up 0.41 per cent at 19,597.30. About 2,026 shares have advanced, 1,663 declined and 198 are unchanged on BSE.  

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

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.

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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.

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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.