While the domestic stock markets have given investors very little to cheer over the last six months, 56 stocks have held on to their multibagger tag, giving up to 760% returns since the last Holi of March 25, 2024. What is noteworthy is that only a dozen stocks in this pack have given negative returns … Read more
The Indian equity market has witnessed a significant decrease in the number of companies with a valuation of $1 billion or more, with nearly one-fifth of the count diminishing over the past five months. At the peak on September 26 last year, 618 companies were part of the billion-dollar club. However, this number has now … Read more
The board of ace investor Ashish Kacholia’s portfolio stock Aditya Vision, in its board meeting held earlier in the month of July had announced a sub-division of its shares in the ratio of 1:10. Later in the month of August, the company announced that the record date for the purpose of the bonus issue has … Read more
शेयर बाजार (Stock Market) में निवेश को जोखिम भरा कारोबार माना जाता है, लेकिन इसमें कई शेयर ऐसे हैं जो अपने निवेशकों को मालामाल बनाने वाले साबित हुए हैं. इनमें से कई ने लॉन्ग टर्म में पैसों की बरसात की है, तो कई बेहद ही कम समय में मल्टीबैगर स्टॉक (Multibagger Stock) बनकर उभरे हैं. … Read more
The Board of BigBloc Construction, which has delivered multibagger returns to investors over the last few years, will meet on July 19 to consider and approve the bonus issue of shares. The company’s Board will also consider a proposal to increase the authorised share capital. The company’s current share capital stands at Rs 14.14 crore … Read more
Jamnagar-based Winsol Engineers on Tuesday received the highest premium on listing so far this year, mostly in-line with expectations. The stock debuted with a massive premium of nearly 387% over the issue price on Tuesday, making it one of the best listings seen in the recent past. Before the debut of Winsol, only two companies … Read more
Shares of the state-owned Indian Renewable Energy Development Agency (IREDA) climbed 5% to Rs 125.5 in Wednesday’s trade on BSE after the firm announced a partnership with Indian Overseas Bank (IOB) to co-finance renewable energy projects in India. “Indian Renewable Energy Development Agency and Indian Overseas Bank have joined hands by signing a memorandum of … Read more
Ace investor Vijay Kedia has raised his stake in Atul Auto by 450 bps in the September ended quarter taking his overall equity in the three-wheeler maker to 18.20 as against 13.70% in the June ended quarter. The smallcap stock has given multibagger returns of 110% over the last 12 months versus Nifty50 which has … Read more
An Indian navigation company’s stock, which was favored by Mark Mobius, has doubled in about six months as its mapping service grows more popular in the country, pitting it against Alphabet Inc.’s Google Maps. Market watchers are now split on whether the rally will continue. Shares of Map my India, formally known as CE Info … Read more
An under-the-radar biotech firm called Tempest Therapeutics Inc. notched its best week on record after results from a liver cancer trial sent the stock surging 3,973% — and tumbling the next day. Wall Street cheered as the stock shot up to $9.77 on Wednesday when the drug developer said its experimental cancer therapy in a … Read more