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Chandrayaan 3: Behind this unimaginable mission, a challenging technical aspect which is planned for late August lies the contribution and hard work of many firms which are listed in the stock market., Companies News, Times Now
India's Chandrayaan 3 mission, set to launch today, will make India the fourth country to safely land a spacecraft on the moon. The mission has the potential to attract investment and boost India's private space sector.
Amidst a sideways journey of Sensex, Nifty Smallcap Index is up almost 20% in the last 3 months and at least 18 smallcap stocks have made investors richer by delivering multibagger returns. If the BSE Smallcap index closes this week on a positive note, then this will be the longest gaining streak in its history. The quarterly results season in the smallcap space was better in Q4FY23 due to fall in input and interest costs and pickup in demand. Other factors behind the gold rush in smallcaps include: catching up with largecaps, optimism surrounding the March quarter earnings, and continued supp...
Several BSE Small Cap stocks have reached 52-week highs, reflecting positive market sentiment towards their growth prospects. Leading the charge are companies such as Centum Electronics, Dixon Technologies, Engineers India, and HPL Electric & Power. The upward trajectory suggests increasing investor confidence in innovative solutions, strong industry expertise, and sustainable business models. Nonetheless, potential investors are advised to perform additional research and analysis of financial fundamentals before making any investment decisions.
The S&P BSE Smallcap index hit a record high 31,396.64, gaining nearly 1 per cent on the BSE in intra-day trade on June 7 after a strong rally in railway, auto and hospitals stocks. In the process, the index surpassed its previous high of 31,304.44, touched on January 18, 2022. In the past one month, the S&P BSE Smallcap index has outperformed the market surging by 6.6 per cent, as compared to 5.9 per cent rise in the S&P BSE Midcap index and 1.9 per cent gain in the S&P BSE Sensex.