jupiter wagons

Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more

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There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank’s rights issue’s ex-date is fixed this week. On Monday, 26th February, Fineotex Chemical (Rs 1.2/share), Gateway Distriparks (Rs 0.75/share), Natco Pharma (Rs 1.25/share), Suprajit Engineering (Rs 1.1/share), and … Read more

EBITDA growth of 234 cos outpace sales for 3 quarters; over 100 stocks turn multibaggers

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After seeing testing times in FY23 amid skyrocketing inflation and weak consumer demand, India Inc found solace in FY24 as several companies reported strong double-digit growth in earnings. One of the major factors driving this growth was easing inflationary pressures. As many as 234 companies, excluding banks and financial services, saw operating profit or EBITDA, … Read more

Bulls Eye! FIIs consistently raising stake in 31 cos with double-digit earnings growth in FY24

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Market returns and flows are always a function of earnings growth and the strong show by corporate India so far in the current financial year has made foreign investors fall in love with Dalal Street. Atleast 31 companies that have reported a double-digit earnings growth for three quarters in a row saw consistent rise in … Read more

Faith Unabated! Over 100 stocks that retail bulls bet on for 3 quarters turned multibaggers

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In times when foreign investors are taking calculative bets on India, the faith of retail bulls remains unabated, as they increased their holding in more than 300 stocks for three straight quarters. Their consistent faith seems to have paid off too, because atleast 100 of the 300 stocks have given multibagger returns so far in … Read more

market triggers: Ajay Bagga on the big market triggers to watch out for in 2024

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“Overall, the big trigger will be the Fed rate cut which should happen by March, April and we will have to see the magnitude of that so the big defining trend for this year will be rate cuts across the world,” says Ajay Bagga, Chairman, Elyments Platforms 2024 is indeed going to be a crucial … Read more