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Showing posts from May, 2024

Essar Shipping: A Penny Shipping Stock with Multibagger Potential for Big Gains?

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Essar Shipping: A Micro-Cap Stock with Multibagger Potential Essar Shipping Limited, an India-based integrated logistics services company, is making waves in the stock market. The company, which operates in fleet operating and chartering activities, has a significant presence in international and coastal voyages. Its geographical segments span across India, Singapore, Cyprus, the United Arab Emirates, the United Kingdom, Switzerland, Taiwan, Kuwait, Denmark, and Bangladesh. {jistoc} $title={Table of Contents} Business Verticals Essar Shipping has invested directly and through its subsidiaries and associates in diverse business verticals. These include fleet operating and chartering (tankers and dry bulkers), oilfield services (land rigs and semi-submersible rigs), and logistics services (trucks, trailers, and tippers). The company also provides sea transportation, logistics services, and oilfield services to Arkay Logistics Limited and Essar Bulk Terminal Limited. Its...

Deccan Gold Mines Up 150% in a Year, Makes Major Lithium Move in Mozambique

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The country's only listed gold exploration and mining company Deccan Gold Mines Limited (DGML) acquired majority stake in 5 lithium blocks in Mozambique, Africa  Deccan Gold Mines Limited (DGML), India's sole listed gold exploration and mining company, has recently made a significant move that has caught the attention of investors worldwide. The company has acquired a majority stake in five lithium blocks in Mozambique, Africa, positioning itself within the globally recognized Alto Ligonha pegmatite belt, known for its abundant reserves of lithium-cesium-tantalum (LCT) pegmatites. {jistoc} $title={Table of Contents} A Strategic Acquisition This acquisition is crucial for the mining of lithium, tantalum, and beryllium. The critical mineral concession block has been procured through Deccan Gold FZCO, a wholly-owned subsidiary of DGML. DGFZCO will hold a majority ownership stake of 51% in DGMOZ, with the potential for this ownership to increase to 70% in the near...

Cochin Shipyard Wins ₹500 Crore European Order

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Cochin Shipyard Share: A Rising Star in the Shipbuilding Industry The Cochin Shipyard Share Company, a government-owned entity, has been making waves in the shipbuilding industry. Recently, the company announced that it has received orders worth more than Rs 500 crore from Europe. This news comes as a boon to investors who have seen a whopping 350 percent return on their investments in this stock over the past year. {jistoc} $title={Table of Contents} A Brief History Cochin Shipyard Limited, as it was initially known, was established on 29 March 1972. Registered in Kerala, the company primarily engages in shipbuilding and ship repairing. With a global clientele, the company receives a significant portion of its orders from the defense sector. The company's reputation for quality and reliability has helped it secure contracts from various countries, further bolstering its position in the global shipbuilding industry. A Major Milestone The company recently informed ...

Under Rs 70 Stock, Agni Green Power Bags Rs 2.13 Crore Order

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Agni Green Power Share: A Solar Stock Worth Watching Agni Green Power Share, a company specializing in solar energy solutions, has recently made headlines with a significant order worth Rs 2,13,00,000 from West Bengal. This news comes as the company's stock continues to perform well, providing returns of 250 percent over the past year.  {jistoc} $title={Table of Contents} A Brief History of Agni Green Power Share Established on 25 August 1995 as Agni Power and Electronics Private Limited, the company underwent a name change to Agni Green Power Limited on 1 April 2022. The company's primary focus is on providing solar energy solutions, including solar power conducting units, solar inverters, Solar Maximum Powerpoint Tracking Chargers, Remote Monitoring Systems, Solar Junction Boxes, Control Panels, Digital Energy Meters, Solar Adapters, and Solar Pumps. Financial Snapshot Currently, Agni Green Power Share has a debt of Rs 9.68 crore. The total market cap of the...

NALCO Share Price Target Timeframe: 2024, 2025, 2026, and 2030

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NALCO Share Price Target: A Comprehensive Forecast for 2024, 2025, 2026, and 2030 In this article, we delve into the future prospects of the National Aluminum Company Limited (NALCO), a prominent player in the Aluminum Products Department. We will discuss the potential share price targets for NALCO for the years 2024, 2025, 2026, and 2030. A Brief Overview of NALCO Established on January 7, 1981, NALCO is a Navratna company under the Government of India. The company's operations span across bauxite mining, aluminum smelting, capacitive power plants, and wind plants. {jistoc} $title={Table of Contents} NALCO Share Price Target 2024 With a market cap of Rs 32,287.99 crore and a dividend yield of 2.51%, NALCO is a significant player in the market. The company has a manageable debt of Rs 47.75 crore and a promoter holding of 51.28%. With free cash flow of Rs 2,117.50 crore, the company's sales growth stands at 0.28%, despite a profit growth of -47.68%. Given these...