Va Tech Wabag, Ami Organics among 6 stocks on which brokerages initiated coverage, see up to 50% upside – Positive Outlook

Va Tech Wabag, Ami Organics among 6 stocks on which brokerages initiated coverage, see up to 50% upside – Positive Outlook

Indian Railway Finance Corporation Share Price 159.46 12:13 PM | 23 Sep 2024 -1.97(-1.23%) Suzlon Energy Share Price 83.1 12:13 PM | 23 Sep 2024 -0.36(-0.42%) Indian Renewable Energy Development Agency Share Price 230.48 12:13 PM | 23 Sep 2024 -1.9(-0.82%) Tata Motors Share Price 967.9 12:13 PM | 23 Sep 2024 -2.96(-0.31%) YES Bank … Read more

Rekha Jhunjhunwala raises stake in multibagger smallcap, exits these 2 stocks

Rekha Jhunjhunwala raises stake in multibagger smallcap, exits these 2 stocks

Ace investor Rekha Jhunjhunwala has raised her stakes in smallcap stock D B Realty by 57 basis points to 1.99% in the quarter ended September 30. She has also increased her equity in Fortis Healthcare while slashing it in Federal Bank. Jhunjhunwala held 1.42% in D B Realty at the end of the June quarter. … Read more

State-owned Wapcos not to proceed with IPO, withdraws papers filed with Sebi

State-owned Wapcos not to proceed with IPO, withdraws papers filed with Sebi

State-owned Wapcos Ltd went back on its plans to launch an IPO and the issue was withdrawn on September 21, according to a processing status update with Sebi. The reason for the withdrawal is not known yet. The public sector firm had filed its draft red herring prospectus with Sebi in September last year. The … Read more

SBI, Axis Bank & 10 other value picks from ICICI Securities as number of investable stocks drop

SBI, Axis Bank & 10 other value picks from ICICI Securities as number of investable stocks drop

Stocks from capital-intensive sectors, cyclicals and value stocks are expected to do well as long as the investment, commodity and credit cycle continue to remain robust, an ICICI Securities report said. The brokerage has identified over a dozen stocks with ‘Buy’ ratings which it referred to as ‘value stocks’ while cautioning against value traps. The … Read more

Rakesh Jhunjhunwala holdings: 32 stocks gave Big Bull a Rs 32,000 crore-portfolio

Rakesh Jhunjhunwala holdings: 32 stocks gave Big Bull a Rs 32,000 crore-portfolio

Dalal Street legend Rakesh Jhunjhunwala died on Sunday. An established trader, renowned investor and a chartered accountant by profession, he entered the equity markets with just Rs 5,000 in 1985. On the day of his death, Jhunjhunwala’s net worth is estimated at $5.5 billion, roughly Rs 43,800 crore, making him the 36th richest person in … Read more

This beaten-down Jhunjhunwala stock is up 20% in a week. Can it rally more?

This beaten-down Jhunjhunwala stock is up 20% in a week. Can it rally more?

New Delhi: After a steep decline, water treatment company has been on a high lately, thanks to strong order wins. The company is among ace investor Rakesh Jhunjhunwala‘s top bets as his better half Rekha Rakesh Jhujhunwala owned 50 lakh equity shares or an 8.04 per cent stake in the company as of March 31, … Read more