Gold has given 29% return since the beginning of this year beating broad market indices. The comparable returns were seen during the global financial crisis in 2008 and subsequently post Covid. Sachin Jain, Regional CEO India, World Gold Council, in an interview with Teena Jain Kaushal of Business Today dwells on key trends shaping the … Read more
The Board of Sky Gold approved a bonus issue of shares in the proportion of 9:1, meaning investors will receive 9 additional shares for every share they hold in the company. The record date for this will be announced in due course. A company issues bonus shares for its shareholders to increase the liquidity of … Read more
Ace investor Ashish Kacholia has reduced his holdings in three smallcap counters in the March ended quarter viz Aditya Vision, Safari Industries (India) and Universal Autofoundry. Kacholia trimmed his stake in Aditya Vision by 12 bps to 1.87 at the end of the January-March quarter versus 1.99% at the close of the December quarter. Aditya … Read more
About 12 smallcap stocks that have given multibagger returns of upto 412% in 2023 so far, saw retail investors increase their holdings for three consecutive quarters. These 12 stocks are Anand Rathi Wealth, Control Print, Gravita India, IRCON International, Jupiter Wagons, KDDL Ltd, Kilburn Engineering, KSolves India, Saksoft, Shilchar Technologies, Sky Gold, and Som Distilleries … Read more