Retail investors, who are often ridiculed for buying at peak and selling in bear markets, played it smart this time. Suzlon Energy saw small investors book profits in the June quarter even as both the big boys – FIIs and mutual funds – bought. The shareholding of retail investors, who were early birds in the … Read more
Indian railway stocks shot up over 13% on Monday following the exit polls, predicting a thumping majority for the incumbent government. Among the top gainers was Titagarh Rail Systems which hit a 52-week high along with Rail Vikas Nigam Limited (RVNL, 11%), Indian Railway Finance Corporation (IRFC, 12.5%), and Jupiter Wagons. Other railway stocks that … Read more
Pushed by strong order inflows and strong execution, multibagger rail PSU stock RVNL is having a dream run by rallying almost 1,000% in the past 2 years while displaying a 3-fold growth in the last one year alone. During the fourth quarter itself, the company’s revenue, EBITDA, PAT grew by 17.4%, 22% and 33% YoY, … Read more
Going purely by PE multiple or price-to-earnings ratio, which tells you how many years it will take for the company’s earnings to cover its current price, Zomato is one of the most expensive stocks on Dalal Street with an astronomically high PE of 487x. The multibagger stock continues to attract buyers despite a 200%-plus rally … Read more
At a recent TV discussion where Dalal Street veteran Nilesh Shah was asked to share some stock ideas, he had no qualms about admitting that he has actually been on the receiving end of advice given by his cousins and that everyone in the audience has made far more money than what his fund managers … Read more
Shares of shipping companies jumped nearly 12% on Wednesday led by Mazagon Dock Shipbuilders which hit the day’s high of Rs 2,225.25 on the NSE. The other top gainers include Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Shipping Corporation of India (SCI), and the Great Eastern Shipping Company which gained between 10% and 3%. Cochin … Read more
Coal India. Share Price 398.80 03:59 PM | 20 Jan 2024 15.56(4.06%) Adani Ports & Special Economic Zone. Share Price 1193.00 03:59 PM | 20 Jan 2024 40.55(3.52%) Adani Enterprises. Share Price 2987.90 03:59 PM | 20 Jan 2024 72.25(2.48%) Kotak Mahindra Bank. Share Price 1806.80 03:59 PM | 20 Jan 2024 42.50(2.41%) ICICI Bank. … Read more
While the serious business of investing is no get-rich-quick scheme, Dalal Street has offered ’25 din mein paisa double’ to investors in 6 stocks without doing any ‘Hera Pheri’ as Akshay Kumar would say. The popular dialogue “25 din mein paisa double” in the 2006 Hindi comedy film ‘Phir Hera Pheri’ continues to be the … Read more
