Stock markets have always been a big draw for investors in boom times, but when the tide turns, the same individuals abandon the market, often with a vow to never return. India has lived through the boom-and-bust cycles like other markets. Today, though it is uniquely poised with a new generation of investors that have …
Ward wizard: Company gets order worth $1.29 billion from Beulah International Development Corporation to revolutionize Philippines public transport with electric vehicles KEC Int: Company gets new orders worth Rs 1,061 crore across business verticals. Artson Engineering: Company gets Rs 126 crore order for engineering and construction at Guwahati International Airport Vakrangee: Company Partners with Tax2Win …
SML Isuzu: Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) JK Lakshmi Cement: Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) Honasa Consumer: Net profit at Rs 30 cr vs loss …
Penny stock SJVN has posted multibagger returns in the last 4 years, rising from ₹20.75 to around ₹122.4 currently. This implies a return of 490 percent for its investors. An investment of ₹1 lakh in this stock in March 2022 would have turned into over ₹5.9 lakh now. SJVN Limited, together with its subsidiaries, engages …
Published: Jan. 22, 2024 at 10:20 a.m. ET Shares of ICICI Bank Ltd. rallied into record territory Monday as investors cheered the India-based bank’s fiscal third-quarter results, which showed that the compression in net interest margin was nearing its end. The results were a relief, because disappointing NIM results from rival HDFC Bank Ltd. HDB …
Stock market today: BSE Sensex and Nifty50 crash on Wednesday led to investors losing a significant amount of money. The BSE Sensex, influenced by weak global trends and a drop in bank stocks, plummeted by 1,628 points. This decline extended from the previous day, with the Sensex settling at 71,500.76, marking a 2.23% decrease. Intraday, …
Billionaire Uday Kotak, founder and director of Kotak Mahindra Bank, has called on corporate houses to shift away from traditional banks to capital markets (debt and equity) as one of the mantras to help India achieve its goal of 9% annual growth and a $30 trillion GDP by 2047. In a recent post on X …
After a stellar 17 percent return delivered by the Nifty in 2023, market experts and brokerages have mixed views on the index’s performance in the year 2024. In 2023, the Nifty marked its eighth consecutive year of positive performance, showcasing its resilience in the face of challenges. Despite experiencing major headwinds like global monetary tightening, …
Image Source : PTI HDFC BANK building The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week, with HDFC Bank and Reliance Industries taking the biggest hit, amid an overall weak trend in equities. Last week, the BSE benchmark fell 1,829.48 points or …
Image Source : FILE SEBI Levies Rs 60 Lakh Fine India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has imposed a fine of Rs 60 lakh on an individual for breaching market norms. The fine must be paid by Manish Goel (also known as Manish Kr. Goyal), a Sebi-registered research analyst, …