54 per cent returns from its 52-week low: Low PE gems & jewellery stock gains over 5 per cent today; Complete details inside!
54 per cent returns from its 52-week low: Low PE gems & jewellery stock gains over 5 per cent today; Complete details inside!
The shares of the company have a PE of 14x whereas the industry PE is 28x with an ROE of 17 per cent and an ROCE of 16 per cent.
The company’s majority of the stake is owned by the promoters of the company i.e., 74.28 per cent while FIIs own 7.96 per cent, DIIs own 1.23 per cent and the public owns 16.54 per cent stake in the company as of June 2024.
Budget 2024: Finance Minister announces to set up 800 MW Advanced Ultra Super Critical thermal power plants; These stocks will be in focus!
Budget 2024: Finance Minister announces to set up 800 MW Advanced Ultra Super Critical thermal power plants; These stocks will be in focus!
The government's focus on energy security encompasses a diverse range of strategies, from promoting renewables to developing advanced nuclear technologies.
The government's focus on energy security encompasses a diverse range of strategies, from promoting renewables to developing advanced nuclear technologies.
Budget 2024: Banking stocks decline post announcement of the Union Budget 2024!
Budget 2024: Banking stocks decline post announcement of the Union Budget 2024!
The 2024 budget has introduced several key initiatives aimed at bolstering the banking sector in India, particularly focusing on expanding banking services and enhancing credit accessibility for MSMEs.
However, except for Kotak Bank and Federal Bank, all banking stocks plunged into the red on July 23, following the 2024 Budget's lack of major sector reforms. Shares of Axis Bank, ICICI Bank, HDFC Bank, SBI, Bank of Baroda, and IndusInd Bank fell by up to 1 per cent.
FM Sitharaman's Budget 2024 boosts consumer durables sector
FM Sitharaman's Budget 2024 boosts consumer durables sector
Finance Minister Nirmala Sitharaman allocated a significant amount of capital for rural development, Agriculture and allied sectors which has potential to boost rural and urban consumption.
The Government of India’s focus on higher allocations for rural development, agriculture, and allied services, along with schemes for employment and skilling of youth, is expected to boost both rural and urban consumption for consumer products.
Union Budget 2024: What were hits and misses for Construction & Real Estate
Union Budget 2024: What were hits and misses for Construction & Real Estate
Real estates stocks hits downs as proposed to eliminate the indexation benefit.
Real estates stocks hits downs as proposed to eliminate the indexation benefit.
Budget 2024: Information Technology Sector Update
Budget 2024: Information Technology Sector Update
With the recent budget developments, the IT sector is expected to reach new heights, given the anticipated positive impacts.
With the recent budget developments, the IT sector is expected to reach new heights, given the anticipated positive impacts.
Rs 2.52 Lakh Crore Railway Sector Budget 2024: Keep These Railway Stocks Under Your Radar That Gave Up To 484 Per Cent Returns in Just 1 Year!
Rs 2.52 Lakh Crore Railway Sector Budget 2024: Keep These Railway Stocks Under Your Radar That Gave Up To 484 Per Cent Returns in Just 1 Year!
What was missing?
In conclusion, the Railway Budget 2024 was a missed opportunity to unveil exciting new plans.
Budget 2024: Finance Minister Announces Free Electricity Up to 300 Units for 1 Crore Homes Under PM Surya Ghar Muft Bijli Yojana!
Budget 2024: Finance Minister Announces Free Electricity Up to 300 Units for 1 Crore Homes Under PM Surya Ghar Muft Bijli Yojana!
Finance Nirmala Sitharaman announced the PM Surya Ghar Muft Bijli Yojana, a Pumped Storage Policy, Advanced Ultra Super Critical Thermal Power Plants, and more. Complete details inside.
Finance Nirmala Sitharaman announced the PM Surya Ghar Muft Bijli Yojana, a Pumped Storage Policy, Advanced Ultra Super Critical Thermal Power Plants, and more. Complete details inside.
Budget 2024: Tax Cuts Announced for Middle Class, LTCG & STCG Rates Hiked
Budget 2024: Tax Cuts Announced for Middle Class, LTCG & STCG Rates Hiked
FM Sitharaman revises tax slabs under the new regime, announces tax benefits up to Rs 17,500.
FM Sitharaman revises tax slabs under the new regime, announces tax benefits up to Rs 17,500.
How Top Textile Stocks Reacted to Nirmala Sitharaman's 2024 Budget Speech
How Top Textile Stocks Reacted to Nirmala Sitharaman's 2024 Budget Speech
Top textile stocks had mixed reactions to Budget 2024-25 announcements aimed at boosting exports and competitiveness in the sector.
Top textile stocks had mixed reactions to Budget 2024-25 announcements aimed at boosting exports and competitiveness in the sector.
Union Budget 2024: Impact of the budget on FMCG Companies
Union Budget 2024: Impact of the budget on FMCG Companies
Finance Minister Nirmala Sitharaman allocated a significant amount of capital for MGNREGA, Agriculture, and allied sectors which could improve rural consumption.
The increased funding for MGNREGA, agricultural support, and the focus on improving productivity in agriculture is expected to raise disposable incomes in rural areas, leading to higher rural consumption and benefiting FMCG companies.
Budget 2024: Stocks of Road Construction Companies Catch Investors' Attention as FM Announces New Road Projects in Bihar!
Budget 2024: Stocks of Road Construction Companies Catch Investors' Attention as FM Announces New Road Projects in Bihar!
Finance Minister Nirmala Sitharaman has presented an extensive plan to improve the nation’s infrastructure in the Union Budget 2024-25.
Finance Minister Nirmala Sitharaman has presented an extensive plan to improve the nation’s infrastructure in the Union Budget 2024-25.