These 12 smallcap multibagger stocks saw strong retail buying for 3 consecutive quarters

These 12 smallcap multibagger stocks saw strong retail buying for 3 consecutive quarters

About 12 smallcap stocks that have given multibagger returns of upto 412% in 2023 so far, saw retail investors increase their holdings for three consecutive quarters. These 12 stocks are Anand Rathi Wealth, Control Print, Gravita India, IRCON International, Jupiter Wagons, KDDL Ltd, Kilburn Engineering, KSolves India, Saksoft, Shilchar Technologies, Sky Gold, and Som Distilleries … Read more

Not all smallcaps are same; 3 best smallcap funds for investors: Feroze Azeez

Not all smallcaps are same; 3 best smallcap funds for investors: Feroze Azeez

Feroze Azeez, Dy CEO, Anand Rathi Wealth, says “smallcap stocks are the bottom 250 stocks of NSE 500 as per SEBI’s definition for a mutual fund investor. Putting 250 companies in one judgment itself is fundamentally incorrect. The smallest stock in the smallcap index is a Rs 3,200-crore market cap company and the largest one … Read more

MSCI index rejig may result in $1.4b inflows into stocks

MSCI index rejig may result in $1.4b inflows into stocks

Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on … Read more

ETMarkets Management Talk: Anand Rathi Wealth to grow 20-25% annually: CEO Rakesh Rawal

ETMarkets Management Talk: Anand Rathi Wealth to grow 20-25% annually: CEO Rakesh Rawal

NEW DELHI: After recording 31% revenue growth in FY23, Anand Rathi Wealth has given revenue guidance of Rs 661 crore, an 18% increase, and PAT guidance of Rs 205 crore, a 22% increase. “Our research says the coming year will be better for Indian equities than the year that has gone by, and therefore we … Read more

Anand Rathi Wealth Q4 Results: Net profit jumps 23%, co guides for 21% PAT growth in FY24

Anand Rathi Wealth Q4 Results: Net profit jumps 23%, co guides for 21% PAT growth in FY24

Anand Rathi Wealth reported a 23% year-on-year (YoY) rise in consolidated net profit for the quarter ended March to Rs 42.6 crore, on the back of a 27% growth in revenue to Rs 143 crore. For FY23, the wealth management firm reported a consolidated net profit of Rs 169 crore, up 33% from the year-ago … Read more

Stocks in the news: ITC, Power Grid, PVR, Tata Power, BHEL and IT stocks

Stocks in the news: ITC, Power Grid, PVR, Tata Power, BHEL and IT stocks

Nifty futures on the Singapore Exchange traded 58.5 points, or 0.34 per cent lower at 17,046.5, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today’s trade: Infosys, MindTree, Angel One: Infosys, MindTree, Angel One, Cyient, , , , Alstone Textiles … Read more

Q2 results this week: TCS, Infosys, Bajaj Auto, Tata Elxsi, HDFC Bank, others

Q2 results this week: TCS, Infosys, Bajaj Auto, Tata Elxsi, HDFC Bank, others

Various widely tracked companies like TCS, , Infosys, and would be releasing their September quarter report cards this week. Here’s a list: October 10 TCS, , JTL Infra October 11 , October 12 HCL Technologies, Wipro, National Standard, , Nxtdigital October 13 Infosys, Mindtree, Angle One, , Cyient October 14 Bajaj Auto, , , October … Read more