REC Q2 Results: Net profit up 6.5% YoY at Rs 4,038 crore; Rs 4 per share dividend declared
REC Q2 Results: State-run REC reported a 6.5% rise in its September quarter consolidated net profit at Rs 4,038 crore versus Rs 3,790 crore reported by it in the year ago period. The total interest income earned by the NBFC during the quarter stood at Rs 13,485 crore which was up 18% over Rs 11,399 […]
These small cap funds offer over 35% SIP return in 5 years. Do you own any?
Four small cap funds offered over 35% XIRR on SIP investments in the last five years. Quant Small Cap Fund offered the highest XIRR of 43.5%. Nippon India Small Cap Fund, Tata Small Cap Fund, and HSBC Small Cap Fund offered XIRRs between 35.42% and 38.57%.
After falling for 4 weeks, a pullback is possible in Nifty. Here’s why
The recent Nifty 50 downturn has raised concerns. Historically, the Nifty has shown a pattern of retracing to its moving averages before resuming its uptrend. However, the current decline below the 100-day moving average raises questions about a deeper trend. An analysis of past occurrences reveals an optimistic outlook. When the market has corrected by […]
Nothing stops private sector from coming and doing business in India: Nirmala Sitharaman
In a recent discussion, Union Finance Minister Nirmala Sitharaman emphasised that no sector is off-limits for private business in India. Highlighting reforms under Prime Minister Modi, she stated that privatisation and ease of doing business have been prioritized to eliminate red tape and corruption.
Tech View: Minor pullback rally likely in Nifty, crucial resistance at 24,750. How to trade on Monday
Tejas Shah, Technical Research Analyst at JM Financial & BlinkX, noted that Nifty has support at 24,100 and 24,000, with immediate resistance at 24,450-500 and a key resistance at 24,700-750 levels.
Shriram Finance Q2 Results: Net profit jumps 18% to Rs 2,071 crore; Rs 22 per share dividend declared
Shriram Finance Q2 Results: Shriram Finance on Friday reported a profit after tax (PAT) growth of 18.3% at Rs 2,071.26 crores as against Rs 1,750.84 crores recorded in the same period of the previous year.
Abhijeet Bora’s top 10 Diwali stock picks from large, mid, and small caps
Last few years if you see the rally was supported by both earnings growth as well as the expansion in the PE ratio for the overall market. Last few years, three years, the EPS CAGR for Nifty 50 has been 24-25%, so that was the key trigger for the market rally.
NSE IPO hinges on Sebi approval: Ashish Kumar Chauhan
The National Stock Exchange of India Ltd., which has encountered delays in its initial public offering since its initial filing in 2016, requires approval from the Securities and Exchange Board of India to reapply, Chauhan stated in a Bloomberg Television interview on Friday.
Dharmesh Shah on 2 sectors to bet on in a volatile market
Nifty has strong support at 23,800, with resistance around 24,600 to 24,700. Going short now is not advisable—any positive news could trigger a pullback to 24,500 or 24,600
Are overheated valuations dragging down growth? Pratik Gupta answers
Demand had been depressed for a while. What has happened is firstly, things were never as good as the companies were talking about back two-three months back, but equally we do not think it is as bad either as how things are perceived to be right now. It is not doom and gloom. It is […]