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Did you know – Only 7% of stocks from BSE 500 turned multibagger

Did you know – Only 7% of stocks from BSE 500 turned multibagger

21 December 2023

The BSE Sensex has exhibited a commendable Year-to-Date (YTD) performance, yielding returns of 16%, while the Nifty 50 has surpassed this, delivering a robust 16.8% YTD return in the current year. Notably, the Indian equity markets have demonstrated resilience compared to their Asian counterparts, outshining indices such as the Hang Seng (-15.17%), Jakarta Composite (5.17%), …

These 3 stocks from BSE 500 jumped over 6% today, 19 December 2023

These 3 stocks from BSE 500 jumped over 6% today, 19 December 2023

19 December 2023

The benchmark index S&P BSE 500 opened today at 30,366.07 and made its day high at 30,385.16 and it has closed almost flat today, up by 0.08%                   From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% …

Angel One Welcomes Hemen Bhatia as the CEO of Asset Management Business

Angel One Welcomes Hemen Bhatia as the CEO of Asset Management Business

13 December 2023

We are delighted to welcome Hemen Bhatia, the Chief Executive Officer of Angel One Asset Management Company  Limited. Hemen’s joining marks a significant milestone in our asset management business journey. Hemen will spearhead the growth of our asset management business, highlighting our commitment to impacting a billion lives through comprehensive financial solutions positively.   Hemen will …

Income Tax Milestone: Record-Breaking 7.85 Crore ITRs Filed till October 2023!

Income Tax Milestone: Record-Breaking 7.85 Crore ITRs Filed till October 2023!

2 November 2023

In an extraordinary display of tax compliance, India’s Income Tax Department has achieved an unprecedented milestone by receiving a staggering 7.85 crore Income Tax Returns (ITRs) for all assessment years up to October 31, 2023. This remarkable achievement underscores the efficiency and growth of India’s taxation system. 11.7% Year-on-Year Growth in ITR Filings The numbers …

This small-cap electronic components manufacturer delivered mind-blowing returns of over 200% in just one year; do you hold it?

This small-cap electronic components manufacturer delivered mind-blowing returns of over 200% in just one year; do you hold it?

30 October 2023

Kaynes Technology India Limited has delivered multibagger returns to its shareholders in the past year. During this period, the company’s share price surged from Rs 689.95 on November 22, 2022, to Rs 2355 on October 30, 2023, representing an increase of over 200% in a one-year holding period. An investment of Rs 1 lakh in …

Dark horse stock of the day: Shakti Pumps surges 20% and hits the upper circuit

Dark horse stock of the day: Shakti Pumps surges 20% and hits the upper circuit

19 October 2023

Shakti Pumps Limited, a prominent company engaged in the manufacturing of various types of pumps, experienced a significant increase in its share price today. The company is well-known for providing advanced water pumping solutions for a wide range of applications, including irrigation, horticulture, domestic water supply, and commercial and industrial use. The stock opened trading …

GMDC Strikes Gold: Multibagger Returns and a Generous Dividend Payout

GMDC Strikes Gold: Multibagger Returns and a Generous Dividend Payout

17 October 2023

In recent times, the stock market has been a rollercoaster ride with benchmark indices meandering in a range, reacting to global events with gap openings, and then settling into trading within that range. Amid this, one stock has managed to leave market participants in awe with its splendid performance: Gujarat Mineral Development Corporation (GMDC). GMDC’s …

Weekly Commodity And Currency Technical Report – 16 October 2023

Weekly Commodity And Currency Technical Report – 16 October 2023

16 October 2023

NSE USD INR (Technical): NSE USDINR Oct as seen in the weekly chart above has opened the week gap down at 83.30 levels. Same day of the week price rallied and made weekly high of 83.35 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly …

NBFC – Cholamandalam Investment & Finance delivered fantastic returns of over 400% in 3 years

NBFC – Cholamandalam Investment & Finance delivered fantastic returns of over 400% in 3 years

13 October 2023

Cholamandalam Investment & Finance Company Limited has delivered multibagger returns to its shareholders in the last three years. During this period, the company’s share price jumped from Rs 237.25 on October 16, 2020, to Rs 1258.80 on October 13, 2023, an increase of about 400% in a three-year holding period. An investment of Rs 1 …

Overnight Digest: Small and Mid-Cap Stocks to Watch on October 12, 2023

Overnight Digest: Small and Mid-Cap Stocks to Watch on October 12, 2023

11 October 2023

Nifty 50 opened with a gap up on October 11, 2023, and maintained its bullish momentum throughout the day, closing higher than its opening price. It achieved higher highs and higher lows, which are all bullish signals. The index closed at 19,811.35, up 121.5 points (0.62%) from the previous day’s close. Out of the Nifty …

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