Telecom Operator Vodafone Idea recently sought emergency funds of at least ₹ 7,000 crores from local banks, according to reports. It approached the State Bank of India, Punjab National Bank, HDFC Bank and IDFC First Bank amongst others. However, lenders could wait for capital infusion by its promoters— India’s Aditya Birla Group and UK’s Vodafone [...]
Dolly Khanna is a Chennai-based investor who is known for picking lesser-known stocks that went on to outperform the market. She has been investing since 1996 and her husband Rajiv Khanna manages her portfolio, which typically leans towards stocks in the textile, manufacturing, chemicals and sugar industries. She publicly holds 18 stocks with a net [...]
The shares of Sky Gold Limited gained as much as 14 percent on NSE to reach a new 52-week high of Rs 311.65. The stock has been rallying after it got listing approval to get listed on the mainboard exchanges. On January 5th, 2023, the company got listing approval in regard to Migration from the [...]
The shares of Goldiam International shot up 10.45% in the past two days after ace investor Ashish Kacholia increased a stake in the company. Its shares reached an intraday high of ₹ 146.25 and were trading at ₹ 139.95 apiece at 01:32 PM on Wednesday. Goldiam International manufactures and exports gold and diamond jewellery to [...]
The shares of Uttam Sugar Mills Limited gained 5 percent in the early hours of Wednesday at Rs 314 levels. The prices climbed after the company announced its capex plans of Rs 96 Crores. The company announced that it will increase its Distillery capacity (Ethanol) by 100 KLPD at the Barkartpur plant from the existing [...]
The shares of Aartech Solonics, a stock listed on the BSE SME exchange hit the 10% upper circuit on Wednesday’s early trades. Its shares were locked at ₹ 81.45 apiece Aartech Solonics is a small-cap company that manufactures electrical machinery and apparatus N.E.C. It is a system solution-oriented R&D enterprise in the field of specialized [...]
Giving details about its Q3 performance, Marico said "Parachute coconut oil posted low single-digit volume growth after a visible recovery in December as consumer pricing stabilised with copra prices firming up in the off-season. Going forward, we expect the brand to deliver growth in line with medium term aspiration." It said that it expects modest [...]
The shares of NMDC Limited opened at Rs 123.75 and gained as much as 4 percent in the early hours on Wednesday to reach a new 52-week high of Rs 128.75. However, on a longer time frame, the stock is trading at a discount as it has shed approximately 9 percent in a year. Recently, [...]
A popular metric among investors is the PE ratio. It remains one of the most popular valuation metrics as it provides an indication of whether a stock at its current market price is expensive or cheap. A high PE ratio means that a stock is expensive and its price may fall in the future. A [...]
D-Street’s ‘Big-Whale’ Ashish Kacholia hardly appears in the media and is known for letting his portfolio speak for himself. He has invested in more than forty stocks across a variety of sectors and has a net worth of over ₹ 1,871 crores. According to the latest shareholding patterns released by companies, the seasoned investor has [...]
