The shares of Madhya Bharat Agro Products Ltd gained as much as 1.6 per cent in the early hours of Monday. In the past 3 months, the stock has gained approximately 16 per cent. Madhya Bharat Agro Products Limited (MBAPL), part of the Ostwal group, is a leader in the production of Beneficiated Rock Phosphate [...]
Introduction: how to flip a business Flipping a business is the process of buying an established company with the intention of making it more profitable. The goal is to use the skills, experience and expertise of the original owner to turn around a company’s performance, for example buying a easy to run business such as [...]
“Next week FOMC meeting minutes are due, which would provide further cues to the market. This week though Nifty shied away from its all-time high, it is hoped that next week, Nifty would scale to those levels.” Motilal Oswal Financial Services “In the absence of major domestic triggers, the domestic market is expected to continue [...]
Penny stocks are a great investment option for those investors who have a minimal budget and a high-risk appetite. Generally, they are available for prices below ₹ 10 and are highly illiquid. It takes a good understanding of financials and a lot of research to find penny stocks that give multibagger returns. Even then, some [...]
Radhakishan Damani, the founder of DMart is also an ace investor. Often considered Rakesh Jhunjhunwala’s guru, the business magnate publicly holds 13 stocks with a net worth of over ₹ 177,080.9 crores, according to the filings for the July-September quarter. Some of his stocks have a very high return on equity (ROE). ROE is a [...]
Becoming a day trader is a hopeful goal for many people in India and other parts of the world. As people read about foreign exchange, they may want to experience the excitement of buying a currency pair and then watch as its value rises over the next few hours. Learning how to trade forex has [...]
The shares of Medanta hospital chain operator Global Health made their debut at a premium of 19% on Wednesday after it listed at Rs 401 a piece on NSE against its issue price of Rs 336. The stock reached its high of Rs 455.70 Thursday. On Friday, the shares were trading at Rs 410 till [...]
The Life Insurance Corporation of India (LIC) disclosed that it has decreased its stake in Bajaj Auto from 7.203% to 5.200%. Following this, the shares of Bajaj Auto were trading at ₹ 3561.00 apiece, down 1.17% at 11:33 AM on the National Stock Exchange (NSE). LIC sold 56,68,366 shares, or 2.003% equity, at an average [...]
India’s largest conglomerate, Tata group, recently announced its plan to integrate the four airline brands- Air India, Vistara, Air India Express, and AirAsia India, under Air India Ltd. In addition to that, it is also considering scrapping the Vistara brand, which is Singapore Airlines’ local affiliate in India. Vistara brand is a joint venture between [...]
The Indian benchmark indices opened higher amid mixed global cues and softened crude oil prices. The NSE Nifty 50 climbed over 30 points to trade above 18,350 levels, whereas BSE Sensex rose over 50 points to trade at 61,833 levels on Friday. For investors looking for a passive source of income, here are 7 stocks [...]
