In the past five days, the company’s shares have surged by 22%, marking a 4% return year-to-date. Additionally, over the past month, the stock has delivered a 10% return. However, the long-term outlook remains grim, as it has experienced a staggering 99% decline, resulting in substantial losses for investors. It is important to note that ...
Tilaknagar Industries, a prominent player in the Indian liquor industry, faced a significant setback recently. The company’s shares plummeted by 20%, closing at ₹293.40. This decline was triggered by the Bombay High Court’s decision to dismiss a petition filed by Tilaknagar Industries. The company had sought legal recourse against several other firms for allegedly using ...
On Monday, V.A. Tech Wabag’s shares are expected to be in focus following the announcement of a significant new order. This news comes as the company secures a substantial contract that may have a positive impact on its financial performance and market standing. Overview of the Project V.A. Tech Wabag has recently been awarded a ...
On February 1st, Finance Minister Nirmala Sitharaman presented the Union Budget, unveiling several significant measures aimed at benefiting the middle class. These announcements are set to take effect in the new financial year, highlighting the government’s commitment to economic growth and social welfare. Key Highlights of the Budget for the Middle Class Increased Tax Benefits ...
The Indian share market experienced a downturn on February 7, 2023, with significant declines in major indices. Investors reacted to various economic indicators and global market trends, resulting in a cautious trading environment. This article will provide a detailed analysis of the market trends, key factors influencing the fluctuations, and potential implications for investors moving ...
In the dynamic landscape of financial markets, investment firms play a crucial role in guiding investors with their insights and recommendations. One such firm, Morgan Stanley, has recently provided an optimistic outlook on a particular company’s stock. The firm has assigned an ‘Overweight’ rating to the stock with a target price of ₹45,400 for the ...
In the Indian stock market, companies that offer dividends are generally viewed as attractive investment options, as they provide regular income to shareholders. One such notable player is Page Industries Limited, a special licensee for Jockey Innerwear in India. Recently, the company released its quarterly results and made an announcement regarding dividend distribution, a move ...
Standard Capital Markets recently announced a substantial fundraising effort, successfully raising ₹27 crores. This significant financial move has positively impacted the company’s stock price, leading to an increase of 5% to ₹0.90 from the previous close of ₹0.86. The journey of the share price has been noteworthy, particularly since it was recorded at ₹0.81 on ...
HUDCO (Housing and Urban Development Corporation) has recently seen its shares fall significantly, showing a decline of 45% from their 52-week high. Despite this drop, the company’s stock has experienced remarkable growth over the past two years. This article will explore the factors influencing HUDCO’s stock performance, analyze its historical trends, and provide insights into ...
The Indian financial landscape is often shaped by significant announcements and policies, influencing various sectors of the economy. One such crucial event that the middle class is keenly observing is the upcoming Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI) on February 7, 2025. Following the recent tax relief measures announced ...