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2 Oil stocks jump as government slashes windfall tax sharply 

2 Oil stocks jump as government slashes windfall tax sharply 

The shares of Oil India and Oil & Natural Gas Corporation (ONGC) appreciated to the tune of 5.97% and 4.17% respectively on Thursday’s intraday trade after the government slashed the windfall profit tax on domestically produced crude oil.  The Centre levies windfall tax on the profits made by oil producers, on the price they get [...]
Multibagger stock jumps 13% after posting robust quarterly results 

Multibagger stock jumps 13% after posting robust quarterly results 

Mirza International Limited, one of India’s Leading Leather Footwear Manufacturers, saw its share price jump by more than 13 percent in the early hours of Tuesday to trade at Rs 255 levels.  The board of directors of the company met yesterday to approve the quarterly statements. In the December quarter, their revenue from operations grew [...]
These stocks might see an inflow of funds as MSCI rejigs its portfolio 

These stocks might see an inflow of funds as MSCI rejigs its portfolio 

Investment research firm Morgan Stanley Capital International (MSCI) on Thursday rejigged its MSCI India Index as a part of its regular review for February. A few Indian stocks were added to its portfolio, whereas a few others were removed. These changes will be effective from February 28, 2023.  Index funds, hedge funds, exchange-traded funds and [...]
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