The price-to-earnings ratio is a commonly used metric by investors and analysts to assess the valuation of stocks. It helps determine if a company’s stock price is either overvalued or undervalued and provides insights into how the stock’s valuation compares to its industry or benchmarks. The P/E ratio is a useful tool for investors to …
Stocks/Share Market - Angel One

Explore this small-cap defence stock before Chandrayaan landing today; surges 5%
23 August 2023Shares of Paras Defence and Space Technologies witnessed a significant surge today. The stock commenced trading at Rs 685, marking a 1% increase compared to the previous day’s closing price of Rs 680.40. During the intraday session, the stock exhibited a remarkable 5% surge accompanied by significant trading volume. Upon scrutinising today’s share volumes, it …

Dredging Corporation of India jumps 20% in a day, surpassing a four-year high
22 August 2023The shares of Dredging Corporation of India witnessed a significant surge today. The stock commenced trading at Rs 431, marking a 1% increase compared to the previous day’s closing price of Rs 427. During the intraday session, the stock exhibited a remarkable 20% surge accompanied by significant trading volume. Upon scrutinizing today’s share volumes, it …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 23 August, 2023
23 August 2023On Wednesday, the benchmark indices were trading flat with Sensex down around 86 points or 0.13% at 65,139 and the Nifty-50 down around 15 points or 0.10% at 19,382. About 2,095 shares have advanced, 1,184 declined, and 158 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 22 August, 2023
22 August 2023On Tuesday, the benchmark indices were trading green with Sensex up around 59 points or 0.10% at 65,275 and the Nifty-50 up around 23 points or 0.12% at 19,420. About 2,220 shares have advanced, 1,076 declined, and 153 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

These 3 stocks hit a 52-week high today, August 22, 2023
22 August 2023Today, the broader indices, such as Nifty50 and BSE Sensex, remained range bound. The Nifty50 index opened the day at 19417, up by 23 points from the previous day’s closing level of 19310. It eventually concluded the day at 19396.45, marking a flat closing. Meanwhile, the BSE Sensex closed at 65220, up by a mere …

Penny stocks to watch out for tomorrow, 23 August 2023
22 August 2023The Sensex and Nifty 50 wrapped up the trading session with slight upward movements. Notably, the Nifty Midcap segment displayed robust strength, closing notably higher by 1.1%, while the Nifty Smallcap category also recorded a commendable increase of 0.81%. Focusing on individual stocks within the Nifty 50 index, Adani Enterprises, HDFC Life and ITC emerged …

Polycab India Breaks Continuation Pattern and Surges: Impressive Resilience Displayed
22 August 2023Polycab India Limited, a prominent player in the cables and electricals industry, demonstrates remarkable resilience with a notable surge of over 2.5% in recent trading activity. This surge marks a breakthrough beyond the continuation pattern’s trendline. Polycab India Ltd, a Mumbai-based company founded on January 10, 1996, primarily engages in the manufacturing and sale of …

VIP Industries vs Safari Industries: A Comprehensive Performance Analysis
22 August 2023Have you ever wondered about embarking on a journey without luggage? Certainly, luggage constitutes an indispensable aspect of every trip, enhancing your travel experience with comfort and relieving you of unnecessary worries. Trolley bags are as common as regular bags for every trip these days. In the past, luggage used to be bulky and cumbersome, …

Foseco India Shares Surge Over 13%, Reach 52-Week High Today
22 August 2023Although struggling during the early trades of the session, Indian frontline indices managed to gain momentum, primarily driven by significant gains in sectors such as telecommunications, utilities, power and capital goods. Notably, all sectoral indices were exhibiting an upward trend at the time. The broader indices displayed notable outperformance compared to the main indices, with …

