With FY24E EPS of Nifty companies being largely stable with downgrades in commodities and IT offset by autos, pharma and cement following the September quarter result season, many investors are redeploying cash lying in their portfolios to pick consistent performers as valuations look rich in many pockets. An analysis of all BSE-listed companies with a … Read more
Multibagger smallcap stock Gokaldas Exports hit a 20% upper circuit and a 52-week high at Rs 736 in Tuesday’s trade on BSE after the company entered into a deal to acquire Dubai-based Atraco Group. “Gokaldas Exports Limited (GEL) through its wholly owned subsidiaries has entered into an agreement to acquire Atraco Group (Atraco), a leading … Read more
Ace Investor Mukul Agrawal has raised his stake in Capacit’e Infraprojects from 1.91% or 13 lakh shares to 4.33% or 29.38 lakh shares as on the quarter ended June 30, according to the BSE shareholding data. He has raised his stake by 2.4% over the March quarter, the data on shareholding pattern suggested. The value … Read more
, part of the private sector banking space, might have wiped out over 90% from a 5-year time frame but managed to recoup some losses in 2022 as the stock rose by about 40% so far in 2022. Technical chart patterns suggest that the rally may not be over yet and it could well stretch … Read more
Healthcare Global Enterprises, part of the hospital space, rallied nearly 200% in a 3-year period and over 20% so far in 2022, and is on the verge of hitting fresh 52-week highs in the year 2023. Healthcare Global, part of the S&P BSE Smallcap index, is a comprehensive cancer care hospital chain in India with … Read more
, part of the iron and steel products industry, has rallied by nearly 400% in the last 3 years, and over 50% so far in 2022 is still a top buy for the year 2023. Experts see the stock inching closer to Rs 149-162 in the next 3-6 months, suggest experts. A stop loss for … Read more
Benchmark indices posted their biggest weekly losses in more than three months, but 32 smallcap stocks managed to give high double-digit returns with public sector banks leading the list. Shares of , The Jammu & Kashmir Bank, Central , and Punjab & rose more than 16-45% in the week ended December 9 and also scaled … Read more
If one looks at the sectors that have given positive returns in 2022 so far, non-bank finance companies will find themselves in the list. But the one stock in this pack that has turned out to be the “darling” of Dalal Street is Ltd. Investor interest in the stock gained traction after billionaire Adar Poonawalla … Read more
, part of the bearings industry, lost momentum after hitting record highs in September but chart patterns suggest that the stock could well hit Rs 6,000 in the next 2-3 months, suggest experts. The stock with a market capitalisation of more than Rs 24,000 cr hit a record high of Rs 5,074 on September 12, … Read more
New Delhi: Microcap textile player Alstone Textiles (India), which has been consistently hitting the upper circuit, announced one of the biggest bonuses in the Indian stock market, along with a sub-division of equity shares. The board announced a stock split in the 9:1 ratio and a stock split in the 1:10 ratio. The company board … Read more