Marico Ltd (NSE: MARICO): After the correction in the stock market, numerous investors are planning to invest in stocks with affordable prices. Investors are watching the price of shares in Marico Ltd, a midcap company in the FMCG sector. On Tuesday, the share price was at the level of the price of Rs 590.70. The market capitalization for this company is Rs 76.40 thousand crores. The stock has fallen 10 percent in the last month. The brokerage firm Geojit has suggested an accumulation rating for the midcap company as well as the Nifty Midcap 50 component of the index Marico…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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Another company is preparing to enter the initial public offering (IPO) market. The name of this company is Gaza Capital. If the IPO of this company gets approval from SEBI, then this will be the first time when domestic private equity will enter the stock market. Let us tell you that it was the first private equity investor in RBL Bank. In a report, the source said that Gaza Capital has appointed IIFL Capital to advise on a potential IPO. The source says that the company is working on a plan to file a draft red herring prospectus in early…
Veedol Corporation Ltd (NSE: VEEDOL): Lubricant firm Veedol Corporation is going to distribute dividends to its shareholders. The company has announced the first dividend in the interim form of 20 rupees for each share of the fiscal year 2024-25. The record date is coming up. The share price of the company saw an increase of 0.19 percent on Friday last week and it was trading at Rs 1754.65 at BSE. The market capitalization of the business has grown to Rs 3057.30 crore. The 52-week peak of the stock is at Rs 2800 while the 52-week lowest is Rs 1242.60. When…
Oil and Natural Gas Corporation Ltd (NSE: ONGC): Noida-based technology solutions firm Corporate Infotech Private Limited (CIPL) has been awarded an important project from the government-owned company Oil and Natural Gas Corporation (ONGC). The information technology system will undergo a major upgrade. This will be completed using a pay-per-use model and is expected to be completed in 7 years, with the completion date being September 2031. The cost of this project is around 98 crore rupees. Now, investors are keeping watch on the ONGC stock on Thursday. The cost for a share in the firm is Rs 247. What Is…
V I P Industries Ltd (NSE: VIPIND): VIP Industries did not perform very well in its September quarter. However, the company has succeeded in reducing inventory. Its market share has risen. Because of this, the second quarter of FY24 will be a better one. In particular, the fourth quarter will be beneficial for the business. There are positive prospects for the industry of luggage in the future. The company’s revenue didn’t grow on a year-on-year basis during its second quarter. However, the volume growth was 18 percent on a year-over-year basis. The sales from online stores have experienced a phenomenal…