Market Wrap: Benchmark indices close lower while Nifty Metal surged over 1 per cent!
Market Wrap: Benchmark indices close lower while Nifty Metal surged over 1 per cent!

Market Wrap: Benchmark indices close lower while Nifty Metal surged over 1 per cent!

On Tuesday, Benchmark indices concluded the trading day on a negative note as Sensex marginally declined by 0.08 per cent and closed at 74,683.71 level, while Nifty also declined by 0.1 per cent and closed at 22,642.75 level.

Siddharth Mane Article rating: 3.7

On April 08, 2024, foreign institutional investors (FII) offloaded shares worth Rs 684.68 crore, while domestic institutional investors (DII) bought shares worth Rs 3,470.54 crore.

Heavy buying in this multibagger airline stock below Rs 70: Gains over 8 per cent today post receiving six Q400 aircraft and FIIs & DIIs increase stake!
Heavy buying in this multibagger airline stock below Rs 70: Gains over 8 per cent today post receiving six Q400 aircraft and FIIs & DIIs increase stake!

Heavy buying in this multibagger airline stock below Rs 70: Gains over 8 per cent today post receiving six Q400 aircraft and FIIs & DIIs increase stake!

The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 22.65 per share whereas BSE Small-Cap Index is up by 66 per cent in the same period.

Kiran Shroff Article rating: 3.4

In February 2024, FIIs bought 4,62,33,331 shares and increased their stake to 6.21 per cent compared to December 2023 and DIIs have increased their stake to 0.19 per cent in February 2024 compared to 0.04 per cent in December 2023.

Multibagger EV stock at Rs 94 in green as Board approved conversion of 30,00,000 warrants of FIIs into equal number of equity shares of the company!
Multibagger EV stock at Rs 94 in green as Board approved conversion of 30,00,000 warrants of FIIs into equal number of equity shares of the company!

Multibagger EV stock at Rs 94 in green as Board approved conversion of 30,00,000 warrants of FIIs into equal number of equity shares of the company!

From Rs 2 to Rs 94 per share, the stock delivered multibagger returns of 4,600 per cent in 3 years.

Kiran Shroff Article rating: 3.7

From Rs 2 to Rs 94 per share, the stock delivered multibagger returns of 4,600 per cent in 3 years.

Board to consider buyback; shares of this small cap company rally over 10 per cent and hit 52-week high today
Board to consider buyback; shares of this small cap company rally over 10 per cent and hit 52-week high today

Board to consider buyback; shares of this small cap company rally over 10 per cent and hit 52-week high today

The company’s shares hit a 52-week high today, with a spurt in volumes by over 5.55 times on the BSE.

Rakesh Deshmukh Article rating: 3.2

The company’s shares have delivered an impressive return of over 2700 per cent in the past decade to its shareholders.

1:1 bonus share and promoter & FIIs increase stake: This debt-free steel tube manufacturer broadens operations through strategic acquisition of Nabha Steels and Metals
1:1 bonus share and promoter & FIIs increase stake: This debt-free steel tube manufacturer broadens operations through strategic acquisition of Nabha Steels and Metals

1:1 bonus share and promoter & FIIs increase stake: This debt-free steel tube manufacturer broadens operations through strategic acquisition of Nabha Steels and Metals

The stock gave multibagger returns of 325 per cent in 3 years and a whopping 1,470 per cent in 5 years.

Kiran Shroff Article rating: 3.9

The stock’s 52-week high is Rs 276.60 per share and its 52-week low is Rs 150.25.

Rs 26,00,00,000 loan re-paid: This micro-cap company achieved a 24 per cent reduction in its overall debt
Rs 26,00,00,000 loan re-paid: This micro-cap company achieved a 24 per cent reduction in its overall debt

Rs 26,00,00,000 loan re-paid: This micro-cap company achieved a 24 per cent reduction in its overall debt

The stock is down by 48 per cent from its 52-week high of Rs 11.47 per share while the stock is up by 53 per cent from its 52-week low of Rs 3.96 per share.

Kiran Shroff Article rating: 3.5

According to the shareholding pattern of the company, the promoters own a 61.28 per cent stake, FIIs own a 3.69 per cent stake and the public owns 35.03 per cent of the company as of December 2023.

FIIs bought 18,00,000 shares in this multibagger civil construction stock with 35,000 per cent returns; Board likely to raise funds via preferential issue, QIP or rights issue!
FIIs bought 18,00,000 shares in this multibagger civil construction stock with 35,000 per cent returns; Board likely to raise funds via preferential issue, QIP or rights issue!

FIIs bought 18,00,000 shares in this multibagger civil construction stock with 35,000 per cent returns; Board likely to raise funds via preferential issue, QIP or rights issue!

The shares of the company have a PE of 12x whereas the sectoral PE is 19x with an ROE of 85.9 per cent & an ROCE of 83.8 per cent.

Kiran Shroff Article rating: 3.8

The stock gave multibagger returns of 322 per cent in just 1 year, 11,815 per cent in 3 years and a whopping 35,000 per cent in 5 years.

Clocked Upper circuit: This real estate stock soars over 5 per cent after record-breaking sales
Clocked Upper circuit: This real estate stock soars over 5 per cent after record-breaking sales

Clocked Upper circuit: This real estate stock soars over 5 per cent after record-breaking sales

The company's record-breaking sales performance in Q4FY24 and FY24, which likely boosted investor confidence, has led to a significant increase in the stock price.

Ashwin Urkude Article rating: 5.0

The company's record-breaking sales performance in Q4FY24 and FY24, which likely boosted investor confidence, has led to a significant increase in the stock price.

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