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.

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

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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.

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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.”