Shares of CarTrade Tech climbed as much as 9% on Monday, July 28, to a 52-week high of Rs 2,068.85 on the BSE after the company reported a sharp rise in quarterly profit and revenue, driven by growth across all key business segments and higher other income. CarTrade Tech posted a consolidated net profit of … Read more
Mutual fund investors typically seek schemes that have exceeded their respective benchmarks over a period of time. Despite deploying a significant amount of funds over the past five weeks, equity mutual fund (MF) schemes continue to hold a substantial amount of cash amidst a 10% downturn in the National Stock Exchange Nifty benchmark. According to … Read more
Equity mutual funds, which are investment vehicles that combine funds from numerous investors for investing in stocks, demonstrated strong performance in July. During this time frame, these funds generated returns of around 11%, showcasing their potential for attractive financial gains. As of July, the market offered a varied selection of 615 equity and equity-oriented mutual … Read more
In the fag-end of last week which brought a massive sell-off in Dalal Street, one sector that managed to add wealth into investors’ kitty was automobile and auto ancillary. Major stocks in this pack not only managed to buck the weak market trend but also gave strong double-digit weekly returns. The S&P BSE Auto index … Read more