The Assets Under Management (AUM) of the Indian mutual fund industry increased from ₹10.90 trillion on November 30, 2014, to ₹68.08 trillion on November 30, 2024. In 2024, investors preferred multi-cap and flexi-cap funds for diversified exposure across large, mid-, and small-cap stocks. Small Cap Funds saw a growth of 31.82%, reaching ₹3.26 lakh crore, …
Unimech Aerospace and Manufacturing shares closed 5.14% lower at ₹1,385 on the NSE today. Unimech Aerospace stock reached a high of ₹1,485.00 and a low of ₹1,327.75 during today’s trading session. The company made a strong debut today, listing at ₹1,460 on the NSE, rising 86% from its IPO issue price of ₹785, reflecting positive investor …
The Indian stock market in 2024 has witnessed notable volatility, but certain sectors have outperformed expectations, reflecting strong growth. Both the Nifty 50 and BSE Sensex have delivered impressive returns, with the Nifty 50 gaining 17.45% over the past year and 12.94% year-to-date (YTD). Similarly, the BSE Sensex surged by 16.88% over the past year …
Realty firm Shriram Properties Ltd (SPL) announced the sale of a 3.9-acre land parcel in Chennai to a leading healthcare and educational group from South India. The transaction, executed through SPL’s wholly-owned subsidiary SPL Shelters Private Ltd, aligns with the company’s strategy to monetise non-core assets and channel resources into its core focus on residential …
As 2024 comes to a close, Adani Group, one of India’s most prominent multinational conglomerates, stands at a pivotal juncture. Over the past year, the group has had its share of achievements and challenges, indicating its resilience, adaptability, and the complex landscape of global business. This article takes a closer look at the key milestones, …
Mid- and small-cap stocks can have the potential to deliver significant growth, offering investors opportunities to tap into emerging companies with innovative business models and untapped market potential. These stocks, typically characterised by their agility and flexibility, can offer higher returns compared to their large-cap companies. In this article, check how midcap and smallcap stocks …
Waaree Renewable Technologies Ltd (WRTL), a subsidiary of Waaree Energies Ltd, has announced its largest-ever Engineering, Procurement, and Construction (EPC) contract for a 2 GW solar project. The project, awarded by Sunbreeze Renewables Nine Pvt Ltd, a Special Purpose Vehicle (SPV) of Jindal Renewables, will be implemented in Bikaner, Rajasthan. This landmark project leverages cutting-edge …
Apollo Micro Systems Ltd has been in focus on Tuesday. On December 31, 2024, Apollo Micro Systems share price (NSE: Apollo) opened at ₹108.00, slightly up from its previous close of ₹107.70. At 10:26 AM, the share price of Apollo Micro Systems was trading at ₹111.46, up by 3.49% on the NSE. Recent Developments Last week, on …
Hindustan Petroleum Corporation Limited (HPCL) has been in focus on Tuesday. On December 31, 2024, HPCL share price (NSE: HINDPETRO) opened at ₹405.80, the same as its previous close of ₹405.80. At 10:08 AM, the share price of Hindustan Petroleum Corporation was trading at ₹404.80, down by 0.25% on the NSE. Recent Developments On December 30, 2024, …
SBI share price is currently trading at ₹793.60, reflecting a rise of ₹5.30 (0.67%) as of December 31, 10:40 AM. The stock opened at ₹786.95 and recorded a high of ₹796.20 and a low of ₹786.00 during the session. With a market capitalisation of ₹7.08 lakh crore, SBI boasts a P/E ratio of 9.89 and …
