The FinTech Hub
Source: Live Mint Inox Wind (INOXWIND) has recently captured significant attention in the stock market, with technical analysts forecasting a promising trajectory. The Renewable energy stock has witnessed a remarkable multi-bagger rally, with the stock climbing over 394 per cent last year. So far in 2024, the stock has risen by 91 per cent, giving…
Source: Live Mint Indian shares showed considerable volatility during Wednesday’s trading session as investors braced for the August US consumer inflation report that could help determine the scale of an expected interest rate cut from the Federal Reserve next week. During the session, the Nifty 50 index fell by 0.50 per cent, slipping below the…
Source: Live Mint Shares of Evexia Lifecare came into the spotlight on Wednesday, September 11, after the company announced its upcoming board meeting, set for Monday, September 16, 2024, to discuss a significant fundraising initiative. The board is expected to consider raising funds through the issuance of convertible equity warrants and/or equity shares on a…
Source: Live Mint Shares of East West Freight Carriers were on focus on Tuesday, September 10, following the release of its FY24 annual report. The stock rose by 4.1 percent, reaching an intra-day high of ₹7.08. Despite today’s rally, the smallcap stock remains 38.3 percent below its 52-week high of ₹11.47, hit in December last…
Source: Live Mint Krishnan VR, Chief of Quantitative Research team at Marcellus, believes that valuations of Indian markets are clearly quite extended both compared to history and across various sectors and stocks. However, he opined that as long as mid- and small-cap stocks deliver on expected earnings growth, there won’t be any valuation derating. He…
