Radhakishan Damani offloads 1.7% stake in VST Industries, takes home Rs 107 crore

Radhakishan Damani offloads 1.7% stake in VST Industries, takes home Rs 107 crore

Radhakishan Damani, through his entity Derive Trading, on Wednesday offloaded a partial stake in tobacco company VST Industries through bulk deals. According to exchange data, Damani sold about 2.62 lakh shares or about 1.7% stake in the company at Rs 4,102 apiece. This takes the transaction value to Rs 107 crore. According to the latest … Read more

Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

The quarter gone by saw promoters of several companies offload shares in the open market, with atleast 28 of them seeing the holding fall by more than 100 basis points sequentially. Even after this selling, some of the stocks have managed to give double-digit returns in just two months. ETMarkets scanned through the quarterly shareholding … Read more

This smallcap multibagger stock turned Rs 10,000 to Rs 16 lakh in just 10 years. Do you own?

This smallcap multibagger stock turned Rs 10,000 to Rs 16 lakh in just 10 years. Do you own?

Shares of Refex Industries delivered jaw dropping returns over the last 10 year period, rising as much as 16,000%. Accordingly, if an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have now turned to nearly 16 lakh, according to an analysis by ET Markets. However, the … Read more