These 5 stocks with PE ratios below Industry average (08-10-2024)
A Price-to-Earnings (PE) ratio below the industry average suggests that a stock is valued lower relative to its earnings compared to its peers.
Swelect Energy Systems stock jumps 5% as subsidiary opens new solar plant (08-10-2024)
Shares of Swelect Energy Systems surged up to 5.19 per cent at Rs 1,151.50 per share on the BSE in Tuesday’s intraday deals
Share price of Ambuja Cements rises as Nifty strengthens (08-10-2024)
A total of 22,271 shares changed hands on the counter till 11:30AM (IST).
SpiceJet shares rally 10% as co to add 10 new aircraft to fleet by November-end (08-10-2024)
Shares of SpiceJet surged by 9.5% after the announcement of adding 10 new planes to bolster its fleet by November. The company is acquiring seven planes on lease and reintroducing three previously grounded aircraft, following a successful funding round that raised Rs 3,000 crore.
HEG surges 6% after buying 8.23% stake in GrafTech Int’l for Rs 250 crore (08-10-2024)
Graftech has a competitive portfolio of low cost, ultra-high power graphite electrode manufacturing facilities, with some of the highest capacity facilities in the world.
Bajaj Auto leads EV sales in Sep; Ola in e2W space (08-10-2024)
Bajaj Auto has become the top player in India’s electric vehicle market by monthly volumes, across all categories, with over 25,000 sales and registrations in September. This comes on the back of a big push in expanding distribution by the company and steady demand of electric three-wheelers. In September, the company – according to the latest Vahan data – recorded sales of 17,570 electric two-wheelers, 4,575 three-wheelers, and 3,000 Yulu low-speed electric bikes (based on company sales numbers), which do not require a licence and are not registered on Vahan.
NMDC, Tata Steel, and other metal stocks fall up to 8%. Here’s why (08-10-2024)
At a briefing, China’s state planner National Development and Reform Commission said they were confident of reaching its economic targets this year and promised further support for growth but disappointed investors who were looking out for more stimulus measures.