market growth

Marico shares surge 9% after reporting 20% YoY jump in Q2 PAT. What analysts say?

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Marico shares surge 9% after reporting 20% YoY jump in Q2 PAT. What analysts say?

Shares of FMCG company Marico shot up 9.3% to an intraday high of Rs 687.30 on the BSE after the company on Tuesday reported a 20% in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago. … Read more

Mutual fund SIPs for Rs 250 per month? Here's what Sebi chief Madhabi Buch says

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Mutual fund SIPs for Rs 250 per month? Here's what Sebi chief Madhabi Buch says

Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch has informed that the capital markets regulator is working in tandem with mutual fund houses to bring down the minimum investment requirement under the systematic investment plans (SIPs). Madhabi Puri said that she asked some of the mutual fund houses whether an SIP of … Read more