After 66,92,535% return in one day, small-cap stock Elcid Investments is in a downtrend; here’s why | Stock Market News

After 66,92,535% return in one day, small-cap stock Elcid Investments is in a downtrend; here’s why | Stock Market News

Source: Live Mint Shares of Elcid Investments, which recently grabbed headlines for a massive one-day spike, have once again caught the attention of investors following the release of the company’s financial results for the September quarter. The company reported a 143.5% year-on-year (YoY) jump in its consolidated revenue to ₹56 crore. However, on a sequential…

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Indian Stock Market Outlook: Earnings, Fed policy, other key factors that could influence investor sentiment in FY25 | Stock Market News

Indian Stock Market Outlook: Earnings, Fed policy, other key factors that could influence investor sentiment in FY25 | Stock Market News

Source: Live Mint The Indian market is currently undergoing a corrective phase, impacted by the rise in the dollar index following Donald Trump’s victory in the 2024 US Presidential elections, along with continuous outflows from foreign investors and the Middle East crisis. While the last session was a positive one for the Indian markets after…

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Weak India Inc earnings and downgrades fuel market selloff; will the tide turn in H2FY25? | Stock Market News

Weak India Inc earnings and downgrades fuel market selloff; will the tide turn in H2FY25? | Stock Market News

Source: Live Mint The weak September quarter earnings have triggered a significant selloff in Indian equities in recent weeks, driving stocks to multi-month lows, with some hitting fresh one-year lows. Several recently-listed companies that reported earnings below market expectations faced severe investor backlash, leading them to trade below their issue prices. One notable trend observed…

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Dividend stock: Multibagger small-cap stock declares  ₹53 per share dividend. Should you buy before record date? | Stock Market News

Dividend stock: Multibagger small-cap stock declares ₹53 per share dividend. Should you buy before record date? | Stock Market News

Source: Live Mint Multibase India, a multibagger small-cap stock, has grabbed attention with its latest dividend declaration. The company announced an interim dividend of ₹53 per share for the financial year 2024-25, representing a substantial 530% of its face value of ₹10 per share. Historic Dividend Announcement In an exchange filing dated November 13, Multibase…

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