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.

The record date to determine the eligible shareholders for receiving the dividend is scheduled for Tuesday, May 14, 2024.

Direct Benefit Transfer, PM-SVANidhi, PM-JANMAN Yojana, PM-Vishwakarma Yojana, and PM Mudra Yojana are some of the key initiatives announced in Budget 2024 aimed at empowering the poor and increasing their purchasing power.

Nestle India achieved a significantly high return on capital employed (ROCE) at 138  per cent and a return on equity (ROE) at 108 per cent.

While the company has returned 627 per cent over the last five years and the stock has surged 400 per cent in the last three years, its shares have been under pressure this year, falling 6.80 per cent year-to-date.

The session in the stock market was characterized by strong volatility, with indices closing on a weaker note despite fresh buying interest in real estate stocks

Finance Minister Nirmala Sitharaman presents Union Budget 2023.

The stock now has a PE of 18.3 per cent, an ROE of 12.80 per cent and a 1-year CAGR of 22 per cent, respectively.

Shares of GRM Overseas, the top BSE Smallcap gainer, soared almost 20 per cent, keeping small-cap bulls active.  

This small-cap company, with a market capitalization of Rs 102 crore, declared a maximum of Rs 8 crore buyback amount at a maximum price of Rs 115 per share.

Today, the stock of this company was locked at 20 per cent at Rs 266.15 per share.

Shares of BCL Industries soared more than 16 per cent on a 9-fold increase in volume, making it the top gainer on the BSE Smallcap index

The domestic market is now focusing on global trends for future direction due to the lack of any decisive domestic triggers. However, the below-mentioned stocks are likely to remain in the limelight as some of these stocks are likely to enter into Trade for Trade segment from November 22, 2022, while on other hand, some stocks shall be shifted from Trade for Trade segment to the Rolling segment with effect from November 22, 2022.

This stock demands special attention as the company may surprise investors with a hefty dividend announcement at its board of directors’ meeting, which is scheduled on October 20, 2022. 

At the time of market closing on Monday, the headline equity indices, i.e. Sensex and Nifty 50 plunged over a per cent each, owing to the rising inflation fears in the US markets.  

At 11.30 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading flat after opening on the higher side in the pre-market session. This is majorly due to the IT stocks rally that took place on Monday in the US markets. The rupee has now officially crossed the significant 80-mark and is now trading at Rs 81.38 per USD.  

At 11.30 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 tanked 1.50 per cent each, eroding all the gains of the past two weeks.  

Indices closed lower on Tuesday as investors chose to book profit ahead of the monthly expiry and Fed meeting. Nifty fell 0.88 per cent to close below the 16,500 mark while Sensex lost about 500 points.

Dwarikesh Sugar Industries Ltd is primarily engaged in the manufacturing of sugar and allied products. It has a strong presence in fields such as sugar manufacturing, power, and ethanol/industrial alcohol production. 

FMCGs are top gainers, while oil refineries remain top losers FMCGs are top gainers, while oil refineries remain top losers

Yesterday, markets experienced a significant drop and finished in the red. However, several sectors have outperformed the markets. Continue reading to learn more.

Interestingly, fuelled by a good monsoon forecast, the FMCG sector anticipates a revival in demand and moreover, the expectation of fading inflationary pressure in the coming month would mean that margins may improve from hereon. Hence, stocks from this sector are likely to be on the radar.

The shares of Indrayani Biotech soared to almost 5 per cent today after the company announced its results for the quarter and year that ended on March 31, 2022.

The stock has been gaining for the past five consecutive sessions, and has gained over 25.75 per cent. 

On Wednesday, the headline equity indices, Sensex and Nifty ended slightly lower after a positive opening in the morning session of the trade.  

Investors should keep a watch on this multi-bagger. In one year, the shares of Virat Industries Limited have jumped by 344 per cent.  On a YTD basis, the stock is up by 59 per cent, thus heavily outperforming the markets. Investors should keep Virat Industries in their watchlist.