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Stock market today: Nifty 50 closed 44 points, or 0.19 per cent, lower at 22,888.15, while the Sensex ended the day with a loss of 220 points, or 0.29 per cent, at 75,170.45. Continue Reading »
Praveg, a luxury resorts company, saw a 7% share decline to ₹805.10 due to disappointing Q4 and FY24 results. The company reported a net profit of ₹1.63 crore, marking a 68.15% decline compared to ₹5.17 crore in Q4 FY23, while revenue from operations surged by 76.3% YoY to ₹33.49 crore. Continue Reading »
Stocks to buy: HDFC Securities has recommended two stocks to buy as its fundamental picks. These two stocks are NCC and Allsec Technologies. The brokerage recommends buying these stocks at currency market prices and add on further dips for a time horizon of two to three quarters. Continue Reading »
Multibagger Stock: Suratwwala Business share price has skyrocketed from its listing price of ₹16.2 per share to the current trading price of ₹124.3 per share. Trendlyne data shows that over the past year, the stock price increased by 451.56% and outpaced its sector by 320.74%. Continue Reading »
Ashish Kacholia portfolio: The multibagger chemical stock has delivered alpha return in post-COVID rebound after bottoming out at ₹15 apiece in March 2020 Continue Reading »
Metro’s FY23 was categorized by strong consolidated revenue growth of 58% year-on-year led by solid pent-up post pandemic demand. In FY24, revenue growth dropped to 10.8%. Continue Reading »
Foreign Portfolio Investors (FPIs) offload Indian shares due to various factors, while domestic investors maintain market strength. FPIs withdrew ₹35,527 crore in May, but DIIs invested ₹41,720 crore, leading to record highs for Nifty 50 and Sensex multiple times in the month. Continue Reading »