“The narrative has flipped overnight — from ‘sell emerging markets’ to ‘India is the safest haven amid global uncertainty’, which shows how quickly narratives can change,” says Kranthi Bathini, Equity Strategist at WealthMills Securities, commenting on the current market scenario. EXCERPTS Let’s start with Tata Technologies. The stock fell over 6% today after TPG Rise … Read more
High salaries may look impressive on paper, but they don’t guarantee wealth. What truly matters is how much you save — not how much you earn, says veteran investor Vijay Kedia. In a recent post on X (formerly Twitter), Kedia urged individuals to rethink their lifestyle choices and focus on disciplined saving to build long-term … Read more
The Securities and Exchange Board of India (SEBI) on Tuesday issued an interim order against solar EPC company Gensol Engineering and its promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, accusing them of misappropriating hundreds of crores in term loans sanctioned for the purchase of electric vehicles. SEBI’s order lays bare how Anmol Singh Jaggi, … Read more
The board of Gensol Engineering on Friday announced that they will be considering and approving a stock split of the company’s shares from a face value of Rs 10 in its upcoming board meeting scheduled on March 13. “Pursuant to regulation 29 of the SEBI (LODR) Regulation, 2015, notice is hereby given that a meeting … Read more
Investors in multiple smallcap and penny stocks, in which entities involved in the multi-crore Mahadev Online Book illegal betting application scam held a stake, have lost up to 37% this month. While Dubai-based alleged hawala operator Hari Shankar Tibrewala and related entities owned more than 30 listed stocks, at least 6 of them have been … Read more
Mumbai: Shares of various small-cap and penny stocks, in which Dubai-based alleged hawala operator Hari Shankar Tibrewala holds a stake, were locked in a lower circuit on Monday following the arrest of his associate, Suraj Chokhani, by the Enforcement Directorate (ED) on Friday. The ED also froze shares owned by Tibrewala (mentioned as Tibrewal in … Read more
Shares of Gensol Engineering, which have delivered multibagger returns to investors since their listing, will migrate to the mainboard NSE exchange on July 3. “We wish to inform you that the National Stock Exchange of India consented to listing 1.22 crore equity shares of the company from the BSE SME platform to the main board … Read more