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Dividend paying stocks: Elara Securities expects an annual dividend payout of Rs 20-23 per share by Coal India, which implies a 7 per cent yield. This brokerage finds the stock worth Rs 453.

Within the confines of the available fiscal space, the government is channeling enough for capex which is almost 40% of the additional total outlay. This is being directed to roads, railways, and defence and it can have positive linkage effects with industries like steel, cement, capital goods etc, Way2Wealth said.

With todays drop, IRFCs m-cap has slipped to 2.10 lakh crore, which is still above the market cap of M&M and Bajaj Auto. On Friday, a 10% rally helped the stock cross the Rs 2 lakh crore m-cap mark, making it more valuable than 21 Nifty stocks.

BPCL has given a box pattern breakout on the daily timeframe, suggesting a spike in optimism. The stock has been sustaining above the critical moving average.

RITES stock gained 18.37% to Rs 657.85 against the previous close of Rs 553.65 on BSE. Market cap of the firm rose to Rs 15,739 crore.

While it should always be followed as the basic principle of investing, in markets when valuations are high it becomes extremely important for an investor to look at a company and their operating and valuation matrix separately. The reason, when there is a change in the operating matrix, the valuation matrix gets impacted more. The reason to be cautious is that when a correction takes place, and it does, stocks which have seen an improvement due to fundamental reasons tend to perform relatively ...

RITES Q2 results: The consolidated net profit declined to Rs 101 crore in the September 2023 quarter as against Rs 132 crore in the year-ago period.

IRCON International and RITES informed in the exchange filing on Thursday, October 12, that they have been granted the Navratna status by the Government of India.

Over the past year, the stocks of public sector undertakings (PSUs) have experienced a significant uptrend.

Railways stocks: Antique Stock broking said railway equipment and EPC companies are expected to grow revenue and earnings at 15 per cent and 19 per cent, respectively, over FY23–26E.