A significant 77.5% of this investment was concentrated in just 10 companies. HDFC Bank took the lead with mutual funds increasing their stake from 16.28% in FY22 to 23.17% in FY24, marking an impressive investment of ₹1.2 trillion and a 6.9% increase. Reliance Industries also witnessed a robust increase, with […]
In comparison to the Nifty 50, the Nifty Midcap 50 and Nifty Small Cap 100 outperformed, with gains of 0.7% and 2.03% respectively. The Nifty 50 has provided the following returns over different time periods: -0.35% in the last week, -0.22% in the last month, 1.76% in the last three […]
Brokerage house DART believes that Aurum PropTech (AURUM), is one such new-age technology company, that will emerge as an influential game changer in India’s solid proptech growth momentum. It has initiated coverage on the stock with a ‘BUY’ rating and DCF-based target price of ₹250, implying an over 68 percent […]
Shares of Finolex Industries surged 9.6 percent in intra-day deals on Tuesday to their record high of ₹297.55 apiece after the firm announced its March quarter (Q4FY24) results. The firm posted about a 2 percent year-on-year (YoY) rise in its standalone profit after tax to ₹161.43 crore in Q4FY24 on […]
Stocks to buy: In the aftermath of the recent downturn in the Indian stock market, many quality stocks, despite their strong fundamental and technical perspectives, experienced profit-booking. This situation presents an opportunity for investors, as these stocks are expected to generate alpha returns when the Indian stock market bottoms out. […]
Energy Mission Machineries IPO allotment status: Energy Mission Machineries IPO share allotment will be finalised today (Tuesday, May 14). The investors who applied for the issue can check the Energy Mission Machineries IPO allotment status on the registrar’s portal, which is Bigshare Services Pvt Ltd. On the last day of […]
RVNL share price: Rail Vikas Nigam share price jumped over 5% on Tuesday’s session after the company received a letter of acceptance for an order worth ₹239 crore from Southern Railway on Monday. Rail Vikas Nigam Ltd (RVNL) said in an exchange filing that it has got an order to […]
Varun Beverages share price jumped over 5 per cent in morning trade on BSE on Tuesday, May 14, buoyed by the company’s impressive March quarter (Q1) earnings. Varun Beverages share price opened at ₹1498.15 against its previous close of ₹1477.80 and jumped 5.5 per cent to the level of ₹1558.45. […]
Siemens Share Price Today : Siemens’ stock on the last day opened at ₹6292.05, and closed at ₹6170.05. The high for the day was ₹6668.25, while the low was ₹6219. The market capitalization stood at ₹236029.38 crore. The 52-week high was ₹6330, and the 52-week low was ₹3248. There were […]
Buy or sell stocks: Despite a gapdown opening, the Indian stock market demonstrated a significant recovery, closing higher on Monday. The Nifty 50 index concluded 48 points higher at 22,104, while the BSE Sensex ended 111 points higher at 72,776. The Bank Nifty index surged 333 points and settled at […]