Broader markets continue to look strong with fresh breakouts seen in Nifty Midcap and Nifty500 indices, states Gaurav Bissa, Vice President - Equity Advisory, InCred Equities

Company is involved in the trading hair care and beauty products.

A merger refers to the combination of two or more companies into a single entity.

The company has bagged an order worth Rs 35 crore for manufacturing A.P. (Active pharmaceuticals Ingredient) purification and sterilization Plant with Lyophilizers in small batch API. The company will create an advanced quality control system and R & D facility in new I.P. creation in the field of API & Intermediaries.

However, amidst this vibrant landscape, one stock has managed to capture the attention of market participants with its sudden surge. Suzlon Energy, the renowned Indian renewable energy solutions provider, experienced a remarkable jump of over 3 percent, accompanied by a substantial increase in trading volume. 

These additions have had a significant impact on the company's order book, which has reached an unprecedented level of over Rs 20,000 crore

The net sales increased by per cent to Rs 32.13 per cent to Rs 41.50 crore and net profit increased by 99.09 per cent to Rs 8.34 crore in Q4FY23 over Q4FY22. The net sales increased by per cent to Rs 20.03 per cent to Rs 159.33 crore and net profit increased by 82.78 per cent to Rs 31.58 crore in FY23 over FY22.

Indian Oil Corporation Limited (Indian Oil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuel production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others.

Shares of this company have gained more than 100 per cent in the last one year.

The net sales increased by 493 per cent to Rs 24,.93 crore and net profit increased by 2,018 per cent to Rs 5.37 crore in Q4FY23 over Q4FY22. In FY23, net sales skyrocketed 558 per cent to Rs 99.57 per share and net profit skyrocketed 3,404 per cent to Rs 9.93 over FY22.

The company reported positive results in its quarterly and annual consolidated financial statements. In comparison to FY21, the company’s net sales rose 53.22 per cent and net profit skyrocketed 1000 per cent in FY22. The company has a market cap of Rs 414 crore with a 1-year CAGR of 104 per cent.

Company has received incentives worth Rs. 500 Crores from the State Investment Promotion Board (SIPB) of the Government of Chhattisgarh. These incentives are granted under various heads, including relaxation of stamp duty, 75 percent net SGST rebate for 15 years

The net sales skyrocketed by 270 per cent to Rs 10.34 crore in Q4FY23 over Q4FY22. The net sales increased by 340 per cent to Rs 46.96 crore in FY23 over FY22. Also, the promotors of the company have increased their stake by 4.99 per cent in the last quarter.

The company has consistently maintained a commendable dividend payout ratio of 20.0 per cent.

The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). 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 Board approved the fundraising plan of issuing equity shares and/or equity-linked instruments/securities, or a combination thereof, for an aggregate amount not exceeding Rs 750 crores.

Premier Explosives Limited is engaged in the manufacturing of industrial explosives and detonators. It also undertakes operation and maintenance (O&M) services of solid propellant plants at the Srihari Kota Centre of ISRO and the solid fuel complex at Jagdalpur under the umbrella of DRDO. The company has a market cap of Rs 527.56 crore and reported amazing numbers in its quarterly results (Q4FY23) and annual results (FY23).

On Monday, the Indian equity markets ended on a positive note

The shares of the company saw a spurt in volume by more than 2.75 times on BSE. The company has a market cap of over 1 lakh crore and reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).

An increase of 18 per cent compared to the corresponding quarter of FY23, where the revenue stood at Rs 1,000 crore.

On Monday, the GIFT Nifty suggests a neutral opening for the benchmark indices with a decrease of 10 points. The futures were recorded at 19,448.

On Monday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.10 per cent at 65,344.17 and the NSE Nifty-50 Index up 0.12 per cent at 19,355.90. 

Beyond the P75(I) submarine program, L&T and Navantia are exploring avenues for cooperation in other military initiatives and green energy opportunities, including offshore wind through Navantia Seanergies division.

Shares of the company gained more than 100 per cent in the last six months.

On July 7, foreign institutional investors (FII) purchased shares worth Rs 790.40 crore, while domestic institutional investors (DII) sold shares worth Rs 2,964.23 crore.

The real eye-opener lies in the record-breaking trading volume. Today, it has witnessed the highest single-day volume in nearly two years, with an astounding 60.22 lakh shares changing hands.

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

On Monday, shares of the company surged by 0.56 per cent to trade at Rs 1,041.25.

The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). Additionally, the company have declared a final dividend of Rs 0.36 per share (i.e., 3.60 per cent on the paid-up equity share capital) for the financial year 2022-2023. 

Shares of this company have gained more than 70 per cent in the last six months.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 92.47 points or 0.14 per cent.

According to the financials, Balu Forging has a market cap of Rs 1,473.47 crore and a 3-year stock price CAGR of 60 per cent. The net sales increased by 50.42 per cent to Rs 123.78 crore and net profit increased by 43.27 per cent to Rs 15.24 in Q4FY23 over Q4FY22. The net sales increased by 14.18 per cent and net profit increased by 30.39 per cent in FY23 over FY22.

Shares of the company have gained more than 17 per cent on Friday.

As of March 2023, the shareholding pattern of the company indicates that the majority stake of 62.08 per cent is held by the company's promoters, while the remaining ownership is divided among FIIs (0.25 per cent) and the general public (37.68 per cent).

According to the financials, KEC International Ltd had a market cap of over Rs 15,000 crore and has been maintaining a healthy dividend payout of 31.10 per cent. The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).

There was a lot of buying interest in these penny stocks during the last trading session. Take a look!

The company serves esteemed customers such as Bajaj Auto, Tata Motors, Mahindra & Mahindra, Piaggio, Cosma Manga, Lodha, Ruparel, NL, Rudrakash, and plays a vital role in serving smart cities and various other sectors.

Shares of this company gained more than 12 per cent in the last one month.

The stock has increased by 311 per cent in the last 3 years.

Known as the man with the Midas touch, Kacholia has gained recognition for his remarkable ability to identify multibagger stocks. With a penchant for mid and small-cap companies, he has carved a niche for himself in the investment world.

The stock has a PE of 16.80x, an ROE of 21 per cent and a ROCE of 22 per cent. The shares of the company are up by 30 per cent in 2 years and over 500 per cent in 3 years.

The company has maintained a healthy dividend payout of 72.0 per cent.   

Indian Oil Corporation Limited (IndianOil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuel production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others.

The company has maintained a respectable dividend distribution of 30.2 per cent. 

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The net sales increased by 8.10 per cent to Rs 12,495 in Q4FY23 compared to Q4FY22. The net sales increased by 9.37 per cent to Rs 26,927 crore and the net profit increased by 14.25 per cent to Rs 5,828 crore in FY23 compared to FY22.

Small-cap funds are known for their potential to provide high returns due to the volatility and growth potential of smaller companies. Their rapid ascents and descents often attract investors' attention. However, when the assets under management (AUM) of a small-cap fund increase significantly, several challenges arise.

The company has a market cap of Rs 500.68 crore. Talking about the financials, the company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).  The company has maintained a healthy dividend payout of 18.0 per cent and a 3-year CAGR of 82 per cent.

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

The company reported excellent numbers in its quarterly results and annual results. The net sales increased by 27.50 per cent to Rs 9.85 crore and net profit skyrocketed 325 per cent to Rs 0.34 crore in H2FY23 compared to H2FY22.

Shares of this company have gained more than 70 per cent in the last six months.

Shares of this company have given about 100 per cent returns in the last three months.  

The company reported excellent numbers in its quarterly results and annual results. Additionally, the company has been maintaining a healthy dividend payout of 35 per cent with a dividend yield of 1.40 per cent.

The net sales increased by 245.16 per cent and net profit skyrocketed by 354.20 per cent in Q4FY23 compared to Q4FY22. The net sales increased by 213.75 per cent and net profit skyrocketed by 1,815.29 per cent in FY23 compared to FY22.

The ABL contract with HBL is for Rs 135 crore (including GST of 18 per cent). This includes the supply and commissioning of all equipment involved in the Kavach system requiring RDSO approval. The delivery and commissioning are to be completed in 18 months.

The Indian government has set a target of achieving 20 per cent ethanol blending in gasoline by 2025, which will be known as E20. Including the aforementioned order, the company has successfully added orders worth over Rs 1,000 crores across its various business divisions, product segments, and JVs during the current fiscal year.

NTPC (National Thermal Power Corporation) Ltd along with its subsidiaries/ associates & JVs is primarily involved in the generation and sale of bulk power to state power utilities. The President of India owns the majority of the stake (51.10 per cent).  

The company has a market cap of over Rs 22,000 crore with 3 years CAGR of 50 per cent. The shares of the company have a PE of 10.59x and an ROE of 437.16 per cent. The cumulative order book as of May 30, 2023 stands at 1,542 MW. This includes the order book as on March 31, 2023, of 652 MW plus orders secured subsequently of 890 MW.

Shares of this company have gained more than 50 per cent in the last one year.

The company entered into an agreement for the purchase of land with Indus Project Ltd and paid approx. Rs 10 crore under the memorandum of agreement. Furthermore, the company has introduced a new plant at our existing Panipat facility dedicated to the production of Thermo Plastic Elastomer (TPE). The estimated investment for the project is Rs 2.50 crore.

Nestle India achieved a significantly high return on capital employed (ROCE) at 138  per cent and a return on equity (ROE) at 108 per cent.

According to the financials, WRTL has a market cap of Rs 2,368.73 crore and has delivered good profit growth of 261 per cent CAGR over the last 5 years. The company reported excellent results in its both quarterly and annual consolidated financial statements.

The stock has seen strong purchasing interest as it has returned more than 42 per cent in the last year.

The Board of Directors proposed a final dividend of Rs 4.50 per equity share or 225 per cent of the face value of Rs 2 per equity share, for the financial year ended 31 March 2023, which is subject to the approval of shareholders at the forthcoming AGM. Furthermore, the company has an order book of Rs 3,414 crore as of March 31, 2023.

The company has a ROCE of 61.2 per cent and a ROE of 54.4 per cent.

On Friday, at 03:30 pm, indices ended the trading session lower with the BSE Sensex Index up 0.77 per cent at 65,280.45 and the NSE Nifty-50 Index up 0.85 per cent at 19,331.80. 

On Friday, the GIFT Nifty suggested a stagnant beginning for the benchmark indices, showing an increase of 15 points. The futures were recorded at 19,503.

The company has a market cap of Rs 500.68 crore. According to the financials, the company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).  The company has been maintaining a healthy dividend payout of 18.7 per cent and has a 3-year CAGR of 82 per cent.

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

The stock has seen strong purchasing activity as it has provided gains of more than 78 per cent over the last three years.

Shares of this company has given over 20 per cent return in just 5 trading sessions.

In Q4FY23, the company reported a 4708.7 per cent increase in net profit YoY.

On July 06, foreign institutional investors (FII) brought shares worth Rs 2,641.05 crore, while domestic institutional investors (DII) sold shares worth Rs 2,351.66 crore; according to preliminary data from the NSE.

On Friday, shares of the company surge by more than 7.89 per cent to trade at Rs 67.80. Additionally, the scrip had a spurt in volume by more than 2.73 times.

As of June 30, 2023, our showroom count reached an impressive total of 194, spanning across both India and the Middle East.

Shares rose from Rs 61.05 to Rs 124.25 in just one year, giving investors a multibagger return.

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

The company has accorded ‘in-principle’ approval to carry out pre-project activities including the preparation of a detailed feasibility report for setting up Paradip Petrochemical Complex at Paradip, Odisha at an estimated project cost of Rs 61,077 crore.

The company has a market cap of over Rs 23,000 crore and reported positive numbers in its quarterly results and annual results. The stock is up by 50 per cent in 1 year and gave multibagger returns of over 110 per cent in the span of 2 years.

According to the financials, the net sales increased by 448.64 per cent to Rs 115.50 crore in Q4FY23 over Q4FY22. The company reported a net profit of Rs 2.77 crore in Q4FY23 compared to a net loss of Rs 2.30 crore in Q4FY22. The stock gave multibagger returns of over 140 per cent in just 3 years.

Shares have seen significant buying interest and have soared around 75 per cent in past six months!

According to the financials, Cosmic CRF has a market cap of Rs 164.29 crore. The company reported net sales of Rs 121.49 crore, operating profit of Rs 12.14 crore and a net profit of Rs 6.41 crore in FY23.

The net sales skyrocketed by 270 per cent to Rs 10.34 crore in Q4FY23 over Q4FY22. The net sales increased by 340 per cent to Rs 46.96 crore in FY23 over FY22. Also, the promotors of the company have increased their stake by 4.99 per cent in the last quarter.

The company has attracted significant buying interest due to its outstanding returns of over 9 per cent.

The stock has witnessed significant buying activity as it has given returns of more than 79 per cent in just 1 year.

The order book as of 31 March 2023 of Rs 30,553 crore, a robust growth of Rs 29 per cent YoY. Additionally, L1 bidder for orders of over Rs 3,500 crore.

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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.

In a whirlwind of financial frenzy, tomatoes and the Nifty index have been catapulting to unprecedented milestones with each passing day.

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According to the quarterly results, the net sales increased by 5.50 per cent to Rs 380.62 crore and net profit skyrocketed by 108 per cent to Rs 3.76 crore in Q4FY23 over Q4FY22.

Here are some stocks that may be in the spotlight tomorrow for various reasons. Take a look!

On Thursday, the Indian equity markets ended on a positive note

The stock has returned more than 11 per cent in the last six months.

On Thursday, at 03:30 pm, indices ended the trading session higher with the BSE Sensex Index up 0.52 per cent at 65,785.64 and the NSE Nifty-50 Index up 0.51 per cent at 19,497.30.

On Thursday, the GIFT Nifty suggests a subdued beginning for the benchmark indices, with a decline of 13.50 points. The futures stood at 19,498.50.

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