All major indices closed higher, with sectors such as metal, FMCG, information technology, real estate, pharma, and PSU Bank each experiencing a one percent rise. Leading the gains on the Nifty index were Reliance Industries, Sun Pharma, Divis Labs, HUL, and Hindalco Industries. On the other hand ONGC, Grasim Industries, Bajaj Auto, Bharti Airtel, and …
Stocks/Share Market - Angel One

Penny Stocks To Watch Out For Monday, May 29, 2023
26 May 2023Following a strong recovery in the previous trading session, the Nifty experienced robust buying activity, resulting in a closing gain of 178.20 points at the level of 18,499.35. Similarly, the S&P BSE Sensex surged by approximately 208 points and concluded at the level of 62,501.69. The Nifty Midcap 100 and Nifty Smallcap 100 also ended …

Samvardhana Motherson International Reports 5-fold Surge in Q4 Profit
26 May 2023On a consolidated basis, the company has reported over 5-fold jump in its net profit at Rs 699.10 crore for fourth quarter ended March 31, 2023 as compared to Rs 130.04 crore for the same quarter in the previous year. Total income of the company increased by 30.16% at Rs 22,551.94 crore for Q4FY23, as …

Gravita India Ltd. Surged 2%; Volume Increased Too!
26 May 2023The Friday session is unfolding as a truly remarkable one for the domestic benchmark indices, as both the Nifty and Sensex experience an impressive surge of nearly 1%. What makes this even more intriguing is the simultaneous drop of nearly 5% in the India VIX, also known as the fear index. This decline signifies a …

KPIT Technologies: Stock Returned 190% in 3 years!
26 May 2023Company Overview: KPIT Technologies is a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, and safe future. With a strong team of over 10,000 passionate professionals worldwide, known as “Automobelievers,” KPIT specializes …

Amitabh Bachchan Sold DP Wires’ Stocks
26 May 2023Amitabh Bachchan, the legendary Shahenshah of Bollywood. Renowned for his illustrious film career, his charm extends far beyond the silver screen. Behind the scenes, Bachchan possesses a Midas touch that transcends mere cinematic brilliance, reaching into the realms of investments and financial prowess. Amitabh Bachchan’s discerning eye for success goes beyond selecting blockbuster movies or …

Heritage Foods Hits a New 52-week High After Reporting Q4 FY23 Results!
26 May 2023Amidst the unfolding season of financial outcomes, Heritage Foods Limited unveiled its financial results for both Q4FY23 and the fiscal year ending on March 31, 2023. In addition, the company also recommended dividend. In comparison to the same quarter last year, the company’s net profit for the fourth quarter which ended on March 31, 2023, …

National Aluminium Stocks Are Heading for a Breakout on Chart!
26 May 2023In the last trading session of the week, Nifty opened gap up and traded higher to touch the last swing high. In such strong bullish trading session, some stocks from the Metal sector witnessed strong buying activity and one stock from same sector showed decent strength and registered a breakout of the continuation pattern on …

Adani Green Energy’s Arm Commissions 130 MW Wind Power Plant at Kutchh
26 May 2023On Friday, the stock opened at Rs 975.30 and has touched a high and low of Rs. 982.15 and Rs. 962.85 respectively. Adani Green Energy’s subsidiary, Adani Wind Energy Kutchh Five has commissioned 130 MW Wind Power Plant at Kutchh in Gujarat. The plant has a 25-year Power Purchase Agreement (PPA) of 130 MW with …

Small-Cap Companies With Low Debt Burden
26 May 2023Basically, businesses have two primary avenues for acquiring capital to support their growth: equity and debt. Companies with a substantial amount of debt on their balance sheets often appear worrisome, while companies with minimal debt are generally seen as appealing. Despite debt being regarded as a more cost-effective funding option than equity, thanks to its …

