Multibagger SME Stock Blows Up the Market: Soars Over 7 per cent and Hits a Fresh 52-Week High!
Multibagger SME Stock Blows Up the Market: Soars Over 7 per cent and Hits a Fresh 52-Week High!
By doing so, the company has become a top performer in its industry, and has rewarded its shareholders accordingly.
In fact, if we look at the stock's performance over the last three years, it's clear that it has rewarded its shareholders with multibagger returns. The stock has risen nearly 747 per cent during this time, which is an impressive feat.
Small-Cap Stock Below Rs 20 stuns market with incredible 17 per cent surge and record-breaking volume!
In fact, total traded volume on Wednesday witnessed over four-fold jump compared to its 30-day average volume.
But that's not all! The company recently announced that, along with its joint venture (JV) partners, it has received a letter of award for the Rihand Micro Irrigation Project from the Department of Water Resources, Madhya Pradesh.
Multibagger Stocks:Best performing stocks under Rs 50 since last Budget!
These are the stocks under Rs 50 which have turned multibagger since last Budget announcement.
Historical trend suggests that Indian benchmark indices witnessed a muted trading ahead of the Union Budget, however, volatility surges as we inch closer to the D-Day.
Market WRAP: Nifty and Sensex close marginally higher on weekly expiry day; Nifty PSU Bank soars nearly 4 per cent!
Axis Bank, IndusInd Bank and L&T emerged as the top gainers from the Nifty 50 stocks
The broader market traded in a range throughout the day amid volatility. Slight recovery towards the end took Nifty above 18,600 levels as it rose 0.28 per cent.
Nifty at all-time high: Nifty closes above 18,800; Hindalco and Tata Steel become top gainers
Stocks that have hit fresh 52-week high are L&T, Cummins India, Lemon Tree Hotels, Apollo Tyres, Cochin Shipyard and Mazagon Dock Shipbuilders.
NSE Nifty 50 index jumped 0.29 per cent to close at 18,800 level while BSE Sensex soared nearly 200 points. Nifty Midcap and Nifty Smallcap rose 0.77 per cent and 0.43 per cent respectively.
Top 5 Small-cap stocks to watch out for in November, based on seasonality trend
This suggests that the rate of inflation in the US can keep declining and the US Fed can soon slow down the pace of interest rate hikes
Considering the risk on mode is likely to continue on D-Street, we have chalked down a list of top Small-cap stocks for BSE Small-cap Index for the month of November.
These consumer and personal products companies are offering a high dividend of upto 1800 per cent; do you own it?
So, here is the list of stocks which have announced massive dividends
The Muhurat Trading Session is going to be a terrific one along with this there is one more piece of good news, especially for the dividend investors as well as a host of stocks have announced a whopping dividend of as high as 1800 per cent and these companies belong to consumer food and household & personal products.
Market WRAP: Nifty closes at 17,200; Sensex gains nearly 700 points as IT and banks rally
IT and banks emerged as the top performers from the sectors while realty & media lost ground towards the end.
Indices saw a magnificent short-covering rally on Friday despite a slight sell-off witnessed in the last hour. Nifty climbed 1.01 per cent to close at 17,200 while Sensex soared 685 points.
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Going ahead, volatility is what the market participants would continue to hear every now and then as quelling the market expectations of a cut next year, the officials hinted that no cut would be seen in 2023. And, moreover, the central banks around the world are anteing up the pace of rate hikes.
Indices close marginally higher; metals shine, media drags
Grasim, NTPC, and JSW Steel emerged as the top gainers while Eicher Motors, IndusInd Bank & Bharti Airtel were the top losers.
Indices ended higher after a volatile second half as Nifty rose 36 points or 0.21 per cent while Sensex jumped nearly 60 points. Nifty Midcap and Nifty Smallcap climbed 0.70 per cent & 0.55 per cent, respectively.
What does market expect from RBI Monetary Policy meeting?
With RBI Monetary Policy Committee meeting around the corner, the market shall be keenly watching this event to understand RBI’s stance on red-hot inflation.
In context to market expectations from Friday’s RBI MPC meet, Sumit Chanda, Founder & CEO of JARVIS Invest says, “While there have been some indications of the inflation moderating, with the Brent being still above the $100 mark and a falling rupee, we can expect RBI to hike the repo rate by about 50 bps.
Nifty snaps its three-day winning streak; Bank Nifty continues to outperform!
Among the sectoral indices, barring Nifty IT, all other sectors ended in green, led by Nifty Energy and Nifty Metal.
The broader market indices outperformed the frontline gauge by a wide margin with Nifty Midcap and Smallcap 100 adding 0.94 per cent & 0.95 per cent, respectively.