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Valuation Check: 9 mid-cap stocks trading well above their Industry P/E
Stocks trading above their industry price-to-earnings ratio often signal strong growth expectations or investor optimism. A StockEdge valuation scan highlights nine NSE midcap companies, including Lenskart Solutions, NTPC Green Energy and Biocon.
₹11 to ₹1205: Multibagger penny stock turns ₹1 lakh into ₹1.09 crore in five years
Lloyds Metals & Energy has delivered significant returns to investors, with shares rising 10,854% since March 2021. In terms of yearly performance, the stock closed each of the last five years in the green, with four of them standing as multibagger years.
Stocks in news: Nazara Technologies, IndiGo, Hindustan Zinc, NTPC Green, RIL
Indian markets saw a strong rebound on Tuesday, recovering some losses. Global cues improved and crude oil price worries eased. Several companies are in focus today. Nazara Technologies saw a significant block deal. IndiGo's CEO stepped down. RIL is boosting LPG production. Vedanta calls for unlocking domestic resources. NTPC Green Energy added new solar capacity.
TCS shares rise 2% after Tata Group and OpenAI announce strategic partnership
Tata Consultancy Services (TCS) shares surged after announcing a strategic partnership with OpenAI to build AI infrastructure in India and offer joint market solutions. This collaboration aims to boost productivity, enhance software engineering, and position India as a global AI hub by developing AI-ready, green-energy-powered data centers.
Thermax: Surge in order inflows, green energy push to drive earnings
Energy transition opportunities and rising industrial capex to drive future growth
Trade Spotlight: How should you trade Chambal Fertilisers, Kirloskar Oil Engines, Vidya Wires, Usha Martin, NTPC Green Energy, and others on May 27?
The market is likely to remain in a consolidation phase as long as it trades below Tuesday's high. Below are some short-term trading ideas to consider.
Momentum Stocks: Coffee Day, Shiva Texyarn, GP Petroleums rally up to 11% on sheer momentum
AIA Engineering, Usha Martin, HFCL, Granules India, Hindalco Industries, CG Power and Industrial Solutions, GE Vernova T&D India, Honasa Consumer, Hitachi Energy India, Adani Green Energy, Adani Energy Solutions, and Adani Ports and Special Economic Zone, among others hit 52-week high.