Previously, the company received multiple orders worth Rs 702 crore from domestic and international clients. In Q1FY24 ended June 2023, Mukul Agarwal, an ace investor brought 57,758 shares or 1.34 per cent stake in Zen Technologies

On Thursday, shares of the company surged by 5 per cent and reached its upper circuit limit of Rs 358.90 and traded on its new 52-week high of Rs 358.90.

With a market capitalization of just Rs 120 crore, the shares of the company have generated an impressive return of 58 per cent in just one week

Additionally, the company announced stellar quarterly results. The total revenue stood at Rs 16.14 crore, up 53.3 per cent, EBITDA stood at Rs 0.80 crore, up 166.7 per cent and Profit After Tax (PAT) stood at Rs 0.51 crore, up 61.3 per cent in Q1FY24 compared to Q1FY23.

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The stock has generated an impressive return of 80 per cent in the last three months

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.

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In a convergence that seems lifted straight from the grand narratives of cinema, the world of action-packed movies and the dynamic market arena have each staged an electrifying revival.

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.

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

On Thursday, Indian equity markets ended on a negative note

Our focus lies in simplifying user journeys and expanding investment options tailored to the specific client segments we serve, articulates Arun Poddar CEO of Choice International Ltd

On Thursday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.60 per cent at 65,151 and the NSE Nifty-50 Index up 0.51 per cent at 19,365. 

The price band of the issue has been fixed at Rs 151 to Rs 166 per equity share. The issue size is Rs 153.05 crore at a higher price band.

The GIFT Nifty points to a slightly negative commencement for the benchmark indices, showing a decrease of 46 points following the Nifty's previous close at 19,465 points on August 16. GIFT Nifty futures were positioned at 19,429 points.

Lot of announcements have been made by the government showcasing infrastructure sector as a priority sector

Earlier, the company paid back Rs 70 million approx., taking the total amount of bank debt down to Rs 650 million approx. and the overall bank-debt reduction till date from the peak to Rs 962 million. It is pertinent to add that the company has set a goal for becoming a 100 per cent debt-free entity within FY 2023-2024 under a debt reduction program.

The broader market sentiment was cautiously positive, as around 1002 stocks advanced compared to 984 declining stocks, indicating a mix of caution and optimism in the market.

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

Shares of the company have gained more than 140 per cent in the last one year.

How to choose penny stocks that are worth your money.

According to the annual consolidated results, the net sales increased by 5.42 per cent, the operating profit increased by 16.78 per cent and the net profit skyrocketed by 25.06 per cent in FY23 over FY22.

Shares of the company gained more than 30 per cent in the last six months.

On July 20, it formed a substantial bullish candlestick pattern, and subsequently, its price remained within the high and low range of this candlestick, resembling what is referred to as a 'Mother Bar.'

The stock has already increased 40 per cent in three days.

We will continue to focus on achieving a competitive edge by streamlining our operations with sustainable practices and technically sound as well as commercially viable innovative products, affirms Anurag Choudhary, CMD and CEO of Himadri Speciality Chemical Limited

The company has a market cap of Rs 12.08 crore with a 3-year stock price CAGR of 80 per cent. Additionally, the company has very little debt, with only Rs 0.01 crore outstanding. This is just 0.08 per cent of its current market capitalization, which means that the company is essentially debt-free.

Rekha R Jhunjhunwala, wife of the Late Rakesh Jhunjhunwala, possesses a 9.96 per cent ownership share in the firm. Furthermore, she is one of the people who hold the largest portion of company shares among public shareholders.

The company has a market cap of Rs 112.31 crore with a 3-year stock price CAGR of 53 per cent. Additionally, the company has very little debt, with only Rs 2.45 crore outstanding. This is just 2.18 per cent of its current market capitalization, which means that the company is essentially debt-free.

According to the shareholding pattern, the promotors of the company (Mahindra & Mahindra Ltd) own a 54.26 per cent stake, FIIs own 0.13 per cent and the rest 43.61 per cent stake is owned by the general public.

According to the annual results, the net sales increased by 53.14 per cent to Rs 60.89 crore, the operating profit increased by 101.56 per cent to Rs 10.32 crore and the net profit increased by 95.61 per cent to Rs 5.79 crore in Q1FY24 over Q1FY23.

The company has a market capitalization of over Rs 14,000 crores and is almost debt-free, with a current debt of only Rs 49.8 crores. Vijay Kedia, an ace investor, owns Kedia Securities Private Limited, which has a 2.01 per cent stake in Tejas Networks Ltd.

In the fiscal year 2022-23, the company also announced a rights issue of 23,69,79,000 equity shares at Rs 2 per share, amounting to Rs 47.40 crore. In FY23, the net sales increased by 25.5 per cent to Rs 19.54 crore and net profit increased by 64.6 per cent to Rs 0.79 crore compared to FY22.

With more than a decade of experience in operating in the plastic packaging products industry, Rajshree is one of the leaders in manufacturing rigid plastic sheets and thermoformed packaging products which are tailored to the client’s requirements. 

According to the annual results, total revenue stood at Rs 4,062.36 crore, up 12.66 per cent, EBITDA stood at Rs 953.99 crore, up 13.10 per cent and Profit After Tax (PAT) stood at Rs 440.22 crore, up 24.04 per cent in FY23 compared to FY22.

On Wednesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.21 per cent at 65,539.42 and the NSE Nifty-50 Index up 0.03 per cent at 19,435.

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Among the notable gainers were Nifty Auto, Nifty Media, and Nifty Realty sectors, while Nifty Metal, Nifty Financial Services, and Nifty Bank sectors faced losses.

In this Independence Day special, we list the top 6 PSU defence companies that have shown staggering growth over the past year.

The company had a market cap of Rs 48 crore with a 3-year stock price CAGR of 110 per cent. Additionally, the company has reduced its debt and it's almost debt-free (current debt – Rs 0.73 crore).

The President of India holds a substantial stake of 74.50 per cent.

Shares of the company have gained more than 40 per cent in the last six months.

Talking about finances, this power company has a market cap of Rs 792.94 crore with a 3-year stock price CAGR of 103 per cent. The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23).

This impressive price action has resulted in a resolute breakout after an eight-month-long consolidation phase. Significantly, this breakout is supported by robust trading volumes.

Shares of the company gained more than 1.50 per cent in the morning trade.

Assessing the broader market sentiment, approximately 993 stocks are on an upward trajectory, while 887 stocks are witnessing declines. This balanced discrepancy reflects a neutral sentiment prevailing in the broader market landscape.

Additionally, as per bulk deal data available on BSE, Societe Generale, a Foreign Institutional Investor (FII) picked up 60,00,000 shares in Rama Steel Tubes on July 18, 2023, at an average price of Rs 38.17 per share totalling to Rs 22.90 crore.

The net sales increased by 74.50 per cent to Rs 13.76 crore and net profit increased by 53.64 per cent to Rs 0.34 crore in H2FY23 over H2FY22. The net sales increased by 70.26 per cent to Rs 22.55 crore and net profit increased by 34.06 per cent to Rs 0.67 crore in FY23 over FY22.

The net sales increased by 13 per cent to Rs 272 crore and the net profit increased by 20 per cent to Rs 6 crore in FY23 over FY22.

The net sales increased by 85.10 per cent to Rs 295.58 crore, profit before tax increased by 207.20 per cent to Rs 18.58 crore and net profit increased by 210 per cent to Rs 14.01 crore in Q1FY24 compared to Q1FY23.  

Shares of the company have gained about 22 per cent in the last six months.    

Skipper Ltd, Technocraft Industries (India) Ltd and Ddev Plastiks Industries Ltd were among the top gainers on the BSE Smallcap index!

SJVN is engaged in the business of electricity generation. The company is also engaged in the business of providing consultancy for hydropower projects. The company has been maintaining a healthy dividend payout of 72 per cent with a dividend yield of Rs 4.38 per cent. This power company has a market cap of over Rs 22,000 crore with a 3-year CAGR of 38 per cent.

According to the annual results, net sales increased by 918 per cent to Rs 506.62 crore and net profit skyrocketed by 1,047 per cent to Rs 2.01 crore in FY23 compared to FY22. The company has a market cap of Rs 28.75 crore with a 3-year stock price CAGR of 41 per cent.

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.

The company has a market cap of Rs 14.34 crore with a 3-year stock price CAGR of 76 per cent. The shares of the company have a PE of 5x whereas the industry PE is 28.7x.

The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23). The net sales increased by 12.10 per cent to Rs 9,482 crore and net profit increased by 74.83 per cent to Rs 1,454 crore in FY23 over FY22.  The stock is up by 25 per cent in just 3 months whereas BSE Sensex Index is up by 5.44 per cent.

According to the annual results, the net sales increased by 21.62 per cent to Rs 225 crore, operating profit increased by 13.33 per cent to Rs 17 crore and net profit increased by 100 per cent to Rs 6 crore in FY23 compared to FY22. The company has a market cap of Rs 125 crore with a 5-year stock price CAGR of 65 per cent.

Mukul Agarwal, already owns a substantial 9.26 per cent stake in the company. In a recent development, company received a work order or Letter of Intent (LOI) from the DLF Group and it amounts to a total of Rs 9.93 crore, including GST.

Shares of the company have gained more than 450 per cent in the last six months.

Previously, the company received work orders for a total of 887 KWp. Both the work orders are of turnkey EPC job work for engineering, procurement and construction (EPC) services in respect of setting up of a Rooftop solar power project of 600 KWp capacity and 287 KWp.

The stock has witnessed significant buying activity as it has given multibagger returns of more than 1400 per cent in just 3 years

As of June 2023, the promoters of the company own 74.21 per cent of the stake, which is the majority. The remaining 25.79 per cent of the stake is owned by the general public.

The scrip witnessed massive spurt in volume by more than 1.8 times

Shares of the company have gained about 24 per cent in the last six months.

Talking about the financials, IRCTC has a market cap of over Rs 50,000 crore. The company reported positive numbers in its quarterly results and annual results. The net sales increased by 17.50 per cent to Rs 1,002 crore and net profit decreased by 7 per cent to Rs 232 crore in Q1FY24 compared to Q1FY23.

Learn how to identify undervalued stocks with long-term growth potential, avoid value traps, and manage your risk.

On Monday, Indian equity markets ended on a positive note

The Board of Directors of the company have approved a sub-division/ split of the company’s 1 equity share of the company having a face value of Rs 10 each into 10 equity shares of the company having a face value of Rs 1 each and bonus shares in the ratio of 2:1.

According to the annual results, the net sales increased by 7 per cent to Rs 3,125.55 crore and the net profit increased by 24.46 per cent to Rs 137.32 crore in FY23 compared to FY22.

Earlier, the company declared a rights issue for its eligible shareholders. According to an exchange filing by the freight forwarding company, has announced a rights issue of up to 4,51,77602 partly paid-up equity shares with a face value of Rs 10 each.

Quarterly Results: The Net sales stood at Rs 98.89 crore, up 6.48 per cent; Profit before tax stood at Rs 12.92 crore, up 420.50 per cent and Profit After Tax of Rs 11.70 crore, up 340 per cent in Q1FY24 compared to Q1FY23.  

As of June 2023, Rekha R Jhunjhunwala, wife of the Late Rakesh Jhunjhunwala, possesses an 8.04 per cent ownership share in the firm. Furthermore, she holds the largest portion of company shares among public shareholders.

The stock has gained more than 100 per cent in the last six months.

Previously, the company received an EPC order for a value of approx. Rs 360 crore for a project in India and another order was Rs 826 crore for the design, construction and commissioning of 1 GW p project. Including all the orders to date, the company’s order book stands at over Rs 7,200 crore.

Pharma Intermediates took the lead, contributing 84.0 per cent, followed by Specialty Chemicals at 16.0 per cent. 

According to the standalone annual results, the net sales increased by 12.43 per cent to Rs 2,503.75 crore and the net profit increased by 90.02 per cent to Rs 104.10 crore in FY23 over FY22. The EPS for FY23 stood at Rs 11.07. The company has a market cap of over Rs 2,200 crore.

According to the quarterly results and annual results, the company reported positive numbers. The net sales increased by 13 per cent to Rs 342 crore in Q1FY24 compared to net sales of Rs 303 crore in Q1FY23. The company reported a net profit of Rs 57 crore in Q1FY24 compared to a net profit of Rs 63 crore in the same quarter last year.

According to the consolidated annual results, the company reported net sales of Rs 65.99 crore, operating profit of Rs 3.40 crore, PBT of Rs 2.90 and PAT of Rs 2.17 crore in FY23. The company's share capital was split from 10 shares with a face value of Rs 10 each to 10 shares with a face value of Rs 1 each. The stock split took effect on April 25, 2023.

Commemorating Independence Day, Shri. Ashishkumar Chauhan, CEO and Managing Director of NSE, imparts a poignant reflection

Now, it is expanding its offline presence with exclusive brand outlets (EBOs). The company will open its first EBO in September in Kolkata, followed by three to five more in FY24. It will also open more stores through the franchise model next year.

On Monday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.12 per cent at 65,402 and the NSE Nifty-50 Index up 0.03 per cent at 19,435. About 1,553 shares have advanced, 2,175 declined and 167 are unchanged on BSE.  

The GIFT Nifty signals a slightly bearish start for the broader index, showing a decline of 42 points. This comes after the Nifty ended the previous session with a drop of 114 points to reach 19,428 points on August 11. GIFT Nifty futures were positioned at 19,449 points.

In Q1FY24, the net sales increased by 21.06 per cent to Rs 3,093 crore, the operating profit increased by 24.06 per cent to Rs 330 crore and the net profit increased by 20 per cent to Rs 180 crore compared to Q1FY23.

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

The total amount payable over the loan tenure amounts to a staggering Rs 1.51 crore, with an interest outflow of Rs 81.15 lakhs, dwarfing the principal amount of Rs 70 lakhs.

According to the recently declared quarterly results, the net sales increased by 26.34 per cent to Rs 2,657 crore, the operating profit increased by 580.65 per cent to Rs 221 crore and the net profit increased by 107 per cent to Rs 331 crore in Q1FY24 compared to Q1FY23.

In the quarterly results (Q1) ended June 30, 2023, the net sales increased by 6 per cent to Rs 4,245 crore, the operating profit increased by 13 per cent to Rs 438 crore and the net profit increased by 11 per cent to Rs 224 crore in Q1FY24 over Q1FY23.

In terms of market breadth, approximately 339 stocks were advancing, while around 1574 stocks were declining. This distribution highlights the prevailing negative sentiment within the broader market.

Annual Results: The net sales increased by 179.98 per cent to Rs 643.79 crore, the operating profit increased by 91.67 per cent to Rs 211.74 crore and the net profit increased by 153.5 per cent to Rs 109.63 crore in FY23 compared to FY22.

Previously, the company emerged as the winner in the Gujarat Urja Vikas Nigam Limited (GUVNL) tender for the development of the Solar Photovoltaic Power Project. The aggregate order size is 200 MW AC (240 MW P)

The stock has witnessed significant buying activity surging more than 70 per cent in the last 1 year. 

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

In H2FY23, the company reported net sales of Rs 20.29 crore compared to net sales of Rs 23.32 crore in H2FY22. The net sales increased by 41.57 per cent to Rs 1.26 crore in H2FY23 over H2FY22. In FY23, the net profit increased by 66 per cent to Rs 1.66 crore compared to 1 crore in FY22.

The company has a market cap of over Rs 1,300 crore with a 5-year stock price CAGR of 92 per cent. The shares of the company saw a spurt in volume by more than 1.39 times on BSE.

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

The stock has witnessed significant buying activity surging more than 626 per cent in the last 3 years. 

Shares of the company have gained more than 150 per cent in the last one year.