From the COVID lows, the benchmark Sensex is up nearly three times, scaling past the 65,000-mark, and in this journey, 25 of its constituents have turned multibaggers. From March 2020, when COVID-19 pandemic brought the Indian economy to a standstill, the Sensex has risen a whopping 150%. On Monday, the index scaled a lifetime high … Read more
Mutual funds have been consistent buyers of Indian shares even when foreign institutional investors were sitting on the fence until the early part of 2023. This has paid off well as some of the favourite stocks of mutual funds have seen significant appreciation in prices, with some even turning into multibaggers within a year, data … Read more
A study of BSE-listed companies shows that at least 37 of them have maintained their EBITDA margin over 15% in each of the last 4 quarters of FY23 and also saw share price growth of over 50% in the last one year. When the filter was narrowed down to stocks that doubled during the period, … Read more
NEW DELHI: Although net sellers in the Indian market in the last one-and-a-half years, foreign institutional investors or FIIs, have been consistently raising stakes in over 110 stocks in the last four quarters. Out of them, the top 10 have delivered up to 300% return in the last one year. An analysis of shareholding pattern … Read more
Xpro India, part of the packaging industry, gave multibagger returns in the last 3 years and the chart pattern suggests that bulls are likely to take the stock to fresh record highs in the next 6 months, suggest experts. The stock price rose more than 6000% in the last 3 years, but it did witness … Read more
Reflecting the muted performance of equity markets in fiscal 2023, the funds raised through initial share-sales in FY23 more than halved, compared with previous financial year. A total of 37 companies hit the primary markets in FY23 raising just over Rs 51,000 crore as against 53 IPOs garnering over 1.11 lakh crore in FY22, according … Read more
KDDL, part of the gems & jewellery space, has rallied by about 300% in the last 3 years but recent momentum helped the stock to break out of the range and hit a fresh record high. The stock rose from Rs 1,051 as on 31 January 2023 to hit a fresh record high of Rs … Read more
, part of the civil construction space, has already rallied more than 30% in the last 3 months and a break above Rs 100 could propel the stock towards Rs 190 level in the next 2-3 quarters, suggest experts. The 14-year falling trendline resistance is placed near Rs 100, and a break above this level … Read more
NEW DELHI: Often touted as proxies to India’s growth story, Adani stocks have had a stellar run in 2022, outpacing benchmark Nifty by a wide margin. Five of the 10 Adani group stocks gave multibagger returns to investors, rising up to 200% this year while overall the market capitalisation of all companies together saw an … Read more
Shares of zoomed as much as 15%, scaling new 52-week highs during the Friday’s trading session on the back of heavy volumes and strong technical set up on charts. Furthermore, the bank has moved the National Company Law Tribunal (NCLT) to initiate a corporate insolvency resolution process (CIRP) against Digital Ventures, a wholly-owned unit of … Read more