Shares of Campus Activewear on Wednesday rallied 13% after the company reported a 42.6% YoY increase in its PAT for the fourth quarter of the financial year 2024. The company also posted a 4.6% YoY increase in revenue at Rs 363.9 crore while the EBITDA rose by 16% at Rs 66.4 crore vs Rs 57.1 … Read more
Nifty ended the Thursday weekly expiry stronger by 370 points at record high levels to form a long bull candle on the daily chart. On the higher end, above 23,000, the index might move towards 23,500 in the short term. On the lower end, support is placed at 22,800; the strength could remain intact as … Read more
After jumping 435% in one year, the board of multibagger stock KPI Green Energy today announced a stock split in the ratio 1:2, meaning that one equity share of the company will now be split into 2 equity shares. “The Board of Directors, inter alia, has considered, approved and recommended ordinary resolution through postal ballot … Read more
The immediate support for Nifty is around 22,300, followed by 22,100-22,000; and any dips should be seen as a buying opportunity as the index could attempt to rally towards new record highs soon, according to technical analysts. Stocks such as M&M, TVS Motors, Coal India, Grasim, ACC, Gail, Concor, National Aluminium, MTAR Tech, APL Apollo, … Read more
Mumbai: Domestic mutual funds reduced their exposure to many public sector stocks in the March quarter following a sharp rally in the pack over the past year. Of the 25 public sector undertakings (PSUs) that published their shareholding for the March quarter, 11 saw a decline in mutual fund holdings, while only three stocks saw … Read more
MUMBAI – Concerns over high valuations in the smallcap universe seems to have ebbed as stocks rallied in the week gone by and outperformed benchmarks by a wide margin. As many as 400 smallcap stocks gave double-digit returns of upto 52% in the week ended April 5, data by Ace Equity showed. Of these 400 … Read more
Mumbai: India’s stock benchmarks, Sensex and Nifty, have been hitting new records in recent weeks but beneath the surface, the optimism is showing signs of fizzling out. The advance decline ratio (ADR), a widely-watched indicator of the overall market health, is pointing to growing weakness in mid-cap and small-cap stocks. The ratio for all BSE … Read more
Mahindra & Mahindra. Share Price 1943.55 02:02 PM | 29 Feb 2024 41.90(2.21%) Tata Consumer Products. Share Price 1186.95 02:02 PM | 29 Feb 2024 19.00(1.63%) Adani Enterprises. Share Price 3260.50 02:02 PM | 29 Feb 2024 41.50(1.29%) Britannia Industries. Share Price 4946.25 02:02 PM | 29 Feb 2024 58.45(1.20%) ICICI Bank. Share Price 1057.90 … Read more
A stunning reversal in Chinese stocks from world’s worst to best performers is stoking cautious optimism that the rally will continue as long as favorable market policies remain in place. Rarely has a week gone by in 2024 without Beijing unleashing new measures to buttress the market or the economy. That policy resolve has pushed … Read more
