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Favourable demand-supply dynamics and increasing average room rates (ARR) in India's hospitality industry have led Kotak Institutional Equities to revise upward the sector's FY25E EBITDA. The brokerage firm raised fair values of Indian Hotels Company, Chalet Hotels, Lemon Tree, and Samhi Hotels. Continue Reading »
Vijay Kedia portfolio: As of 31st March 2024, the ace investor of the Indian stock market owns a 1% stake in ‘Club Mahindra’ owner company Continue Reading »
Once a penny stock, Jhandewalas Foods has given multifold returns to its investors in the last 1 year. The stock has skyrocketed over 1,932% in this period to currently trade at ₹139.31. Meanwhile, in 2024 year-to-date (YTD), the stock has also given multibagger returns, rallying 310%. Continue Reading »
Nifty 50 index witnessed a sharp volatility as it dipped around 200 points in two minutes and then recovered by 160 points in the next seven minutes during Thursday's trading session. Continue Reading »
Multibagger stock: Oriana Power Limited has witnessed a remarkable growth in its stock price, delivering more than 1,000% return in a short span. The company's focus on renewable energy is evident through its recent project wins, reinforcing its position in the industry. Continue Reading »
Sanghvi Movers, a leading crane rental company, has delivered consistent growth. Over the last 4 years, the company shares have climbed from ₹46.15 apiece to the current trading price of ₹1,323, resulting in a gain of 2765%. It finished CY23 with a stellar return of 152%. Continue Reading »
HDFC Securities projected that India's GDP is likely to soar, from $3.57 tn in FY24E to $7 tn by 2030. The nation is witnessing decade-long economic trends that are propelling the expansion of businesses across diverse sectors. Let's take a look at these trends and stocks that will be impacted. Continue Reading »