Multibagger hunt! This smallcap stock turned Rs 10,000 to Rs 9 lakh in just 10 years

Multibagger hunt! This smallcap stock turned Rs 10,000 to Rs 9 lakh in just 10 years

Shares of Sanmit Infra have offered hefty returns to investors in the last 10 years, surging as much as 9,400% over the decade. Accordingly, if an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have swelled into nearly Rs 9.4 lakh, according to an analysis by … Read more

Stocks to buy or sell today: 6 short-term trading ideas by experts for 30 January 2023

Stocks to buy or sell today: 6 short-term trading ideas by experts for 30 January 2023

The Indian market is likely to open flat on Monday tracking muted global cues. The S&P BSE Sensex fell more than 800 points while the Nifty50 managed to hold on to 17,600 level on Friday. India VIX moved up by 18.14% from 14.66 to 17.32 levels on Friday. On the options front, the weekly maximum … Read more

Tech View: Nifty breaches key resistance at 15,150, eyes further gains

Tech View: Nifty breaches key resistance at 15,150, eyes further gains

NEW DELHI: Nifty50 broke above its crucial resistance at 15,150 level on Friday and formed a solid bullish candle on the daily chart, negating the formation of lower highs and lows. On the weekly scale, the index formed a Bullish Marabozu pattern. The index has set its sights on the 15,300 level, breaching which it … Read more

PNB Housing Finance yet to detail timeline for proposed Rs 1,800-crore equity raising plan

PNB Housing Finance yet to detail timeline for proposed Rs 1,800-crore equity raising plan

Kolkata: is yet to detail the timelines on a proposed Rs 1,800-crore equity raising plan even two months after its promoter Punjab National Bank declined to infuse capital into it. “I would not be able to comment on the large shareholders, or any of the entities who would like to come about in terms of … Read more

Bharti backed-OneWeb to raise $550 mn from France’s Eutelsat

Bharti backed-OneWeb to raise 0 mn from France’s Eutelsat

Kolkata: Bharti Group-backed OneWeb is raising $550 million (Rs 4,103 crore approx) by selling a 24% stake to French satellite operator, Eutelsat Communications, bringing its total funding to $1.9 billion, and helping it inch closer to launching a first-generation satellite fleet, totalling 648 satellites next year. Eutelsat, a geo-stationary satellite operator, will be a significant … Read more