We are living in an era where artificial intelligence is transforming the way we interact with technology, driving innovations that were once considered science fiction. Just as the dawn of the internet revolutionized our world in the late 20th century, AI is now reshaping industries and everyday life with unprecedented […]
investing
Shares of Nucleus Software Exports plummeted 15% in today’s intraday trade, hitting a 9-week low of ₹1280.75. This decline followed the company’s disappointing June quarter results, released on Saturday. For the quarter ending in June, Nucleus Software reported consolidated revenue of ₹195.4 crore, down from ₹206.8 crore in Q1 FY24. […]
In the last one month, the benchmark index Nifty 50 went up by 4% while the broader indices midcaps, smallcaps went up by 6% and 5%, respectively. This outperformance was led by improved sentiment and positive flows. However, brokerage house Axis Securities believes that with the recent run-up in the […]
Atul Auto, a leading player in the Indian three-wheeler market, saw its shares surge by 16% in July, continuing its bull run for the second consecutive month. This rally has propelled the stock to gain 41% in 2 months and 318% over the past two years. In July, the stock […]
Penny stock Vintron Informatics has emerged as a stellar success story, delivering exceptional returns to its investors over both long-term and recent periods. Its remarkable performance underscores the potential of penny stocks to generate significant value for investors willing to take on the associated risks. Over the last five years, […]
The Indian hospitality sector has been the talk of the town due to its stellar performance over the past two years, as the impact of Covid-19 abated. Occupancy rates and Average Room Rates (ARRs) have shown a robust increase, leading to significant improvements in key financial metrics such as EBITDA […]
Mid-cap and small-cap stocks have long been attractive for their high return potential. The Nifty Midcap index has outperformed the benchmark Nifty index for the fourth straight month in July (till date), rising 4.7 percent as against a 3.4 percent gain in Nifty. In 2024 as well, the mid-cap index […]
Shares of KFin Technologies, a leading technology-driven financial services platform, continued their upward trend for the fourth consecutive session on Monday. The stock surged by 7.5%, reaching an all-time high of ₹833 per share, following the company’s strong performance in the June quarter. This performance was driven by new contract […]
Global brokerage house Nomura has increased the target price of auto component maker Sona BLW Precision Forgings following the company’s impressive results for the quarter ended June 2024 and a strong order book. Maintaining a ‘buy’ recommendation, the brokerage has raised its target price by nearly 15 percent to ₹788 […]
Shares of City Union Bank surged significantly in today’s intraday trading following the release of the company’s June quarter results, which were announced on Friday after market close. Investors responded positively to the report, particularly noting the reduction in provisions. For Q1 FY25, the bank reported a net interest income […]