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Source: Live Mint While valuing a stock is crucial, relying solely on valuation can be misleading. During periods of market turmoil, it’s the quality of a company that ultimately stands the test of time, according to Saurabh Mukherjea, the founder of Marcellus Investment Advisors. In a conversation with Mint on an episode of ‘How To…
Source: Live Mint With Samvat 2081 knocking on the door, Krishnan VR, Chief of Quantitative Research team at Marcellus advised investors to look for high-quality companies with clean accounts, returns on capital greater than the cost of capital, strong balance sheets, consistent profitability and reasonable valuations. He also suggested sticking to a long-term asset allocation…
Source: Live Mint With the arrival of Samvat 2081, Ventura Securities took a bullish stance on Indian equities, recommending five stocks that it believes hold significant upside potential. The brokerage cited promising growth across various sectors, including banking, entertainment, public services, and financial services. Ventura’s report forecasts upside potential ranging from 27 per cent to…
Source: Live Mint The auto sector has delivered a stellar performance over the past year. Since Samvat 2080, the Sensex has risen 23 per cent, while the BSE Auto index has surged 50 per cent. Year-to-date (YTD), the auto index has rallied 31 per cent, significantly outperforming the benchmark’s 11 per cent rise. Falling commodity…
Source: Live Mint Kataria Industries, listed on the NSE SME platform, has delivered remarkable returns to its investors as it has become a multibagger stock just three months after its market debut. The stock, which was listed at a significant 90 per cent premium in July 2024, has soared 116 per cent to reach ₹207.20…
Source: Live Mint Indian markets have lost almost 5 per cent in October so far after four straight months of gains. This is the steepest monthly decline for the Indian markets since March 2020. Geopolitical tensions have been one of the key reasons behind this month’s fall. Domestic brokerage house Emkay recently hosted Ashok Malik,…
Source: Live Mint Waaree Energies initial public offering (IPO) has opened for bidding today, October 21, and will remain available to investors until Wednesday, October 23. The company aims to raise ₹4,321.44 crore through this IPO, which comprises a fresh issue of 2.4 crore shares aggregating to ₹3,600.00 crore and an offer for sale of…
Source: Live Mint Mumbai: A silver futures contract on commodity derivatives exchange hit the ₹100,000-per-kg mark for the first time on Monday, rising in tandem with record-high gold prices, buoyed by a cut in one-year prime loan rate by China to boost its sagging economy and a higher gold-silver ratio, which increases headroom for silver…
Source: Live Mint The NSE SME-listed stock Blue Pebble Limited has provided impressive returns to its investors, becoming a multibagger just six months since its market debut. The stock, which debuted at an 18 per cent premium in April 2024, has soared 126 per cent as of today over its IPO price of ₹168. The…
Source: Live Mint Multibagger penny stock: Shares of Sarveshwar Foods surged nearly 10 per cent in intra-day trading on Monday, October 21 after the company posted impressive financial results for the quarter ended September 2024 (Q2FY25). The microcap FMCG firm, which focuses on organic products, has shown significant growth in both revenue and profit, attracting…
