Benchmark indices trade higher with Nifty IT among the top gainers! Benchmark indices trade higher with Nifty IT among the top gainers! In the ongoing trading session, Benchmark indices are trading on a positive note with Sensex trading higher by 0.14 per cent, while Nifty gained by 0.16 per cent. Similarly in the broader indices Nifty Midcap experience gains of 0.18 per cent, while Nifty Smallcap has surged by 0.35 per cent. Siddharth Mane / Wednesday, August 28, 2024 0 77 Article rating: 5.0 On August 27, 2024, foreign institutional investors (FII) bought shares worth Rs 1,503.76 crore, while domestic institutional investors (DII) offloaded shares worth Rs 604.08 crore. Read more
IT stock list at 47.79 per cent premium over the IPO price; Locked in upper circuit on August 28 IT stock list at 47.79 per cent premium over the IPO price; Locked in upper circuit on August 28 The company has a market cap of Rs 1,267.78 crore with a PE of 20x whereas the industry PE is 40x. Kiran Shroff / Wednesday, August 28, 2024 0 97 Article rating: 5.0 In FY24, the company achieved an impressive Return on Equity (RoE) of 27 per cent and a Return on Capital Employed (RoCE) of 28 per cent. Read more
Infrastructure Company Emerges as L1 Bidder for Highway cum Bridge Construction Over River Ganga Worth Rs 380 Crore! Infrastructure Company Emerges as L1 Bidder for Highway cum Bridge Construction Over River Ganga Worth Rs 380 Crore! The company’s shares have delivered an impressive return of around 45 per cent to its shareholders in the past 1 year only. Rakesh Deshmukh / Wednesday, August 28, 2024 0 360 Article rating: 3.8 The company’s shares have delivered an impressive return of around 45 per cent to its shareholders in the past 1 year only. Read more
28,550 per cent multibagger returns: Civil construction company’s board announces 10:1 stock split & emerged lowest bidder (L1) for order worth Rs 273.74 crore from MSIDC 28,550 per cent multibagger returns: Civil construction company’s board announces 10:1 stock split & emerged lowest bidder (L1) for order worth Rs 273.74 crore from MSIDC The stock gave multibagger returns of 225 per cent in just 1 year; 2,525 per cent in 3 years and a whopping 28,550 per cent in 5 years. Kiran Shroff / Wednesday, August 28, 2024 0 334 Article rating: 4.0 The shares of the company have a PE of 11.5x whereas the sectoral PE is 19x with an ROE of 86 per cent & an ROCE of 84 per cent. Read more
NSE Renews Push for IPO: Submits NOC Request to SEBI NSE Renews Push for IPO: Submits NOC Request to SEBI This statement was part of SEBI’s response to a writ petition filed in the high court, which urged a faster processing of NSE’s IPO application Karan Dsij / Wednesday, August 28, 2024 0 48 Article rating: 5.0 According to sources familiar with the matter, NSE has filed an application for a no-objection certificate (NOC) with the Securities and Exchange Board of India (SEBI), a crucial move towards listing on the stock market. Read more