Shares of food firm Aayush Foods and Herbs have given exceptional multibagger returns to their investors in the last 1 year. This stock has soared 900 percent in this period, from ₹20 in March 2023 to currently trade at ₹200. Meanwhile, in the last 4 years, since March 2020, theRead More →
Exide Industries witnessed a remarkable 13 percent surge during Monday’s intraday trading session, reaching a record high of ₹363.35 after South Korean auto giants Hyundai Motor Company and Kia Corporation announced a partnership with Exide Energy Solutions Ltd, a subsidiary of Exide Industries for electric vehicle (EV) battery localisation inRead More →
This was also a key point of discussion at the Mint India Investment Summit 2024, held on Saturday, where experts weighed in on the complexities and opportunities within the Indian market, and these specific segments. Nilesh Shah, managing director, Kotak Mahindra Asset Management, highlighted the diverse nature of the stockRead More →
In the Nifty500 index, 120 stocks have given multibagger returns in FY24, which means at least 100 percent gains. Meanwhile, just 51 stocks (10 percent) from the index were in the red in the current financial year. Top Gainers BSE was the top gainer in the Nifty500 index, soaring 521Read More →
The rise in FPI inflows came on the back of improving macros, declining inflation, hopes of a rate cut in 2024, and the possibility of the incumbent government returning for a third term in the general elections next year. Moreover, the record-high performance of the Indian market throughout the year,Read More →
Around 50 smallcap stocks logged gains in the range of 10-40 per cent as broader indices gained 1.5 per cent outperforming the benchmarks Sensex and Nifty 50 last week. Reliance-group stocks such as Reliance Infrastructure and Reliance Power were among the top gainers. Apart from the above two, EMudhra, SwanRead More →
This bullish outlook is supported by favorable policy environments, substantial capacity enhancements, and growing opportunities for private sector participation through tariff-based competitive bidding (TBCB). Ventura has initiated coverage on the stock with a buy rating and a target price of ₹1,600 in the next 24 months, indicating an upside potentialRead More →
The Nifty FMCG index is down over 5 percent in 2024 YTD as against a 1 percent rise in benchmark Nifty. In the last 1 year as well, the FMCG index has underperformed. It has gained around 20 percent in this period versus a 26 percent jump in Nifty. “TheRead More →
“The PSU story is synonymous with the India saga, a narration of several micro, albeit, powerful reforms (GST, RERA, JAM, digital infra, physical infra, PLI template, Bankruptcy Act, RBI’s inflation targeting and increasing credibility, etc) – each creating a small delta improvement, but in unison react in unpredictable, positive waysRead More →
Indian shares rallied more than 1% to hit record highs on Thursday. The rally was prompted by intense buying in IT, tech and realty stocks after the US Federal Reserve left interest rate unchanged. Persistent buying by foreign investors also supported the market sentiments. Foreign institutional investors (FIIs) sold stocksRead More →
