The smallcap stock created history on Dalal Street as its share price soared from Rs 3.53 to an astounding Rs 2,36,250 in one day
ADF Foods is a smallcap company with a market valuation of Rs 2,580.70 crore
What is the good and bad part of a stock being over owned or under owned? What does it mean for an investor? We take a look
Advanced Vital Enzymes Private Limited, a promoter entity in AET, offloaded a 2.28-percent stake in the company on June 28, out of which, ICICI Mutual Fund bought a 0.89 percent stake on the same day.
The company's revenue grew by 3.8 percent YoY to Rs 1,350.6 crore, up from Rs 1,301.3 crore in the same period last year.
The IPO will open for subscription on 3 April and close on 6 April. The anchor investors bidding will open on 31 March. The basis of allotment will be on 12 April and credit of share will be on 17 April. The firm will list on exchanges on 18 April.
The dominant presence in some of the pharma intermediate molecules. ‘Europe plus one’ is taking traction for Chemicals. Multi-year contract with Fermion for one of its patented products. Gained traction in the electrolyte additives business. Gradual pickup in pharma demand after a recent lull. In specialty chemicals, company is expanding on the clientele side.
The steep rise in the share price came about days after a stock split and bonus issue in a lacklustre market.
CARE Rating revised its outlook on the long-term rating of TRF from 'Negative' to 'Stable'
Shakti Pumps, which was hit by low market demand led by Covid-19 issues and slow government capex, has once again started seeing recovery in demand. While the ongoing market correction dented the stock price, export business continues to improve, and domestic markets have also witnessed growth. MC Pro suggests holding the stock as it currently seems to be trading at reasonable valuations. Watch the video to know if you should invest at current levels.
LIC Chairman MR Kumar speaks on the underperformance of the stock, and the various concerns raised by investors and analysts.
The steep rally in the stock warrants caution. Investors are baking in significantly higher valuation for the renewable energy subsidiary and continuing benefits from high coal prices
Sensex and Nifty ended lower with shares of Reliance Industries, ICICI Bank, Hindustan Unilever, HDFC Bank, and Mahindra & Mahindra as the top laggards in the Sensex kitty of stocks. Mid and small-cap stocks outperformed their frontline peers as their sectoral indices ended in the green for the third consecutive session.
With partial lifting of ban, HDFC Bank is back in the game as far as credit cards business is concerned. The audit of the bank’s IT systems is also complete and the matter should get fully resolved soon. The bank now embarks on its digital journey, driving the stock price upwards.
The record date for the same has been fixed as Saturday, March, 27 to determine the eligibility of the shareholders to receive the said interim dividend.
On the sectoral front, except IT, FMCG, pharma and energy other indices ended in the green. BSE Midcap and Smallcap indices rose 0.5 percent each.
This part of Technical Analysis tries to answer basic questions on support and resistance levels and whether volume is a good indicator of a price trend.
Our research into the top 10 gainers and losers does throw up some interesting insights.
V-Mart Retail, V2 Retail and Shoppers Stop fall between 2 and 10 percent intraday on Tuesday after D-Mart saw a stellar listing.
Leading bourses BSE and NSE today listed out more than 800 companies under graded surveillance measures framework to check any abnormal rise in stock price not commensurate with these firms' financial health.
In the past one month, the stock price of little-known Andhra Cements ran up close to 70 percent, even beating its larger peers by a margin. The rally could most likely have been sparked by market buzz that the Jaypee Group-promoted cement player has been put on the block.
In an interview with CNBC-TV18, Yes Bank Founder and MD Rana Kapoor explained why the bank had to defer its USD 1 billion qualified institutional placement (QIP) following the stock price reaction.
Ace investor and trader Rakesh Jhunjhunwala has picked up 7 lakh shares in IT training firm Aptech, amounting to 1.38 percent of the company's equity, adding to the 45.28 percent stake he, his family and firm hold in it.
The rollout of the Goods and Services Tax (GST) is expected to bring in good times for the automotive industry, which has lately struggled from tough demand conditions and faced judicial and regulatory heat on environmental issues.
Given the scenario, the biggest threat to Indian markets going ahead would be if Britain's 'separation contagion' spreads to other member countries of the EU going forward, says Manish Sonthalia, Senior Vice President at Motilal Oswal Asset Management.