Indian Railway Finance Corporation Share Price 179.71 12:43 PM | 16 Aug 2024 0.66(0.37%) One97 Communications Share Price 556.65 12:43 PM | 16 Aug 2024 17.86(3.32%) YES Bank Share Price 24.09 12:43 PM | 16 Aug 2024 0.11(0.42%) ITC Share Price 498.4 12:43 PM | 16 Aug 2024 6.2(1.26%) HDFC Bank Share Price 1627.6 12:43 … Read more
There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank’s rights issue’s ex-date is fixed this week. On Monday, 26th February, Fineotex Chemical (Rs 1.2/share), Gateway Distriparks (Rs 0.75/share), Natco Pharma (Rs 1.25/share), Suprajit Engineering (Rs 1.1/share), and … Read more
After seeing testing times in FY23 amid skyrocketing inflation and weak consumer demand, India Inc found solace in FY24 as several companies reported strong double-digit growth in earnings. One of the major factors driving this growth was easing inflationary pressures. As many as 234 companies, excluding banks and financial services, saw operating profit or EBITDA, … Read more
Market returns and flows are always a function of earnings growth and the strong show by corporate India so far in the current financial year has made foreign investors fall in love with Dalal Street. Atleast 31 companies that have reported a double-digit earnings growth for three quarters in a row saw consistent rise in … Read more
In times when foreign investors are taking calculative bets on India, the faith of retail bulls remains unabated, as they increased their holding in more than 300 stocks for three straight quarters. Their consistent faith seems to have paid off too, because atleast 100 of the 300 stocks have given multibagger returns so far in … Read more
The interim budget introduced crucial proposals from a market perspective, including boosts to housing, an addition of 40,000 rail bogies, a rooftop solar scheme and the Lakhpati Didi scheme. These measures are expected to have a positive impact on various sectors, such as housing, construction-related segments, railways, defence and microfinance companies. HOUSING The government is … Read more
Railway stocks experienced a significant decline on Tuesday, with some stocks falling as much as 16%. This drop came after a strong rally leading up to the Union Budget 2024. Ircon International saw the largest decline of 16%, followed by Rail Vikas Nigam Limited (RVNL) and RITES, which fell up to 8.5%. Indian Railway Finance … Read more
Even as trains are getting delayed amid intense cold waves in North India, there are no hiccups in the rally of railway stocks as they continue to move on the fast track ahead of the 2024 Budget. Ircon International was the leader in the pack on Saturday, gaining 15% while hitting a fresh 52-week high. … Read more
Fuelled by the government’s spending spree, shares of railway companies have been firing on all cylinders for the past year. 10 stocks from the sector have turned multibaggers since last year’s Budget on February 1. IRFC, Ircon, Texmaco Rail & Engineering, Oriental Rail Infrastructure, Jupiter Wagons, and Railtel Corporation Of India have tripled investors’ money, … Read more
Railway stocks such as Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam (RVNL), Ircon International, Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering rallied up to 19% in Monday’s trade ahead of Budget 2024. Shares of IRFC surged nearly 19% to hit an all-time high of Rs 134.5 as 33.66 crore shares worth … Read more