NIIT shares surge 19% to fresh 52-week high; stock up 54% since Damani’s picked stake

NIIT shares surge 19% to fresh 52-week high; stock up 54% since Damani’s picked stake

Shares of NIIT have surged 54% on the BSE since ace investor Ramesh Damani acquired a 0.59% stake in the education company through an open market transaction on Friday. The stock gained 18.51% in Tuesday’s session, reaching a fresh 52-week high of Rs 182.90. Damani’s stake, valued at Rs 10.02 crore, involved purchasing 8 lakh … Read more

Not out of the woods! Why this RK Damani stock is still below its pre-Covid levels

Not out of the woods! Why this RK Damani stock is still below its pre-Covid levels

New Delhi: Dalal Street veteran Radhakishan Damani has earned the big bucks in stocks over the years from value investing and his multibagger brain chain or popularly known as DMart. However, the ace stock-pickers portfolio is still trading below its pre-Covid highs and interestingly, Damani holds more stake in this stock than promoters of the … Read more

This RK Damani stock keeps commanding premium; analysts see up to 36% upside

This RK Damani stock keeps commanding premium; analysts see up to 36% upside

Tata Group firm recently came out with its annual report, which suggested the retailer is pursuing growth aggressively, at all cost. The stock has performed exceptionally over the last five years, delivering nearly 35 per cent returns compounded annually. A few brokerages see up to 36 per cent further upside on Trent. This is despite … Read more