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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…
Source: Live Mint If one were to go about discussing all this, it would take a book. And so, that would be a need met in three months. But there is a pressing need to address the point I raised at the outset: How to approach asset allocation in bullish times. It may perhaps not…
Source: Live Mint Profits remain the cornerstone of every business and investment strategy. Sustained profitability signals business success, and while large companies are expected to generate profits, several smaller players have also posted impressive gains amid a favourable economic environment. Using Screener.in, we identified India’s fastest-growing profit-makers. To ensure meaningful results, companies with a market…
Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Live Mint Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential to reduce your tax liability through capital loss set-offs. Here’s how savvy investors can use this to their advantage. Set-off against gains Capital losses can be set off against capital gains, allowing…
Source: Business Standard Bank stocks had a good day on Thursday, climbing 1 per cent, making them the best performing sector. | Representative Picture 3 min read Last Updated : Oct 11 2024 | 9:10 AM IST Nifty futures signal a positive start on Friday, tracking gains in most other Asian markets. US equities…
Source: Live Mint Following three months of positive but muted returns, brokerage Equirus Capital has initiated coverage on NBFC stock MAS Financial Services with a ‘long’ recommendation and a target price of ₹401, indicating an upside potential of over 38 per cent. “We believe MASFIN has the perfect elements (promoter pedigree, stellar asset quality track…
Source: Live Mint Shares of Cummins India experienced a sharp decline of approximately 6 per cent during intra-day trading on Friday, October 11. This drop came in the wake of a downgrade from global brokerage house Goldman Sachs, which has revised its rating on the stock to ‘sell.’ Alongside this downgrade, the brokerage also reduced…
Source: Live Mint Indian Renewable Energy Development Agency (IREDA) on Thursday, October 10 reported a net profit of ₹387.74 crore for the quarter ended September 30, 2024, up over 36% uptick from ₹284.73 crore reported in the year-ago period. The net profit figure is also marginally higher than the ₹383 crore it reported during the…
Source: Live Mint Retail stock Arvind Fashions has been on an impressive run lately, catching the eye of investors with its remarkable performance. Over the past year, the retail stock has surged by more than 81%. In 2024 so far, it has climbed nearly 46%, delivering positive returns in six out of the ten months…
