After a sharp rebound in March, Markets turned volatile in April. The US Fed hiked rates, energy prices surged and supply chain disruptions led to a spike in inflation. These trends have continued in May as well. However, experts expect a sharp economic rebound. Here are two stocks that can give multibagger returns as recommended [...]
The shares of Voltas, a Tata Group company have fallen by 15.17% in the last five days. There was a major fall on Friday after it reported earnings below estimates for the quarter ended March 2022. Its share price declined 9.78% intraday to ₹ 1,045 apiece. The air conditioning and engineering services company’s net profit [...]
Warren Buffet says “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” The equity markets have provided magnificent returns in the long term. Here are a few stocks that gave multibagger returns in the past 10 years: Company14th May 201212th May 2022Returns (%)Tanla Platforms [...]
The shares of Adani Wilmar traded lower for the eighth straight day and hit the 5% lower circuit for five consecutive trading sessions. They have slipped 34% from their 52-week high of ₹878 apiece that they had touched on 28th April 2022. This happened as investors continued to book profits. On Tuesday's trades, the shares [...]
The Stocks of Nestle India hit the 52-week low on Monday when its share price declined by -2.85%. Nestle India Limited is a subsidiary of Nestle, a Swiss MNC, and operates in the Food segment. It is a large-cap company with a market cap of Rs 159,246.95 Cr. The stock is currently trading at a [...]
The Indian Stock Market has witnessed a major selloff resulting in a slow down in the last six months. The BSE’s benchmark index Sensex has declined over -5,889.54 points i.e. -9.73% in the last six months. Similarly, Nifty 50 also performed poorly with a crash of -1,663.35 points or -9.21% in the last six months. [...]
The stock market has been volatile so far in 2022. Investors have been feeling the heat amid the geopolitical crisis and the resultant inflation. However, a few stocks managed to give stellar returns to their investors. Raj Rayon Industries Ltd It is one of the leading manufacturers of synthetic as well as artificial yarn. It [...]
Information and communication (ICT) solutions provider Black Box Limited has fixed 17 May 2022 as the record date for the purpose of a stock split. Each equity share having a face value of ₹10 will be split/ sub-divided into five fully paid-up equity shares having a face value of Rs.2 each. The Ex-Split date is [...]
This stock is another example of how staying invested in a company for the long term can help investors get multibagger returns. On 31 August 2001, the shares were trading at ₹ 1.77 and currently, they are being traded at ₹2,660.00 levels, giving its long-term investors multibagger returns of 1,59,181.44%. Investors who had invested ₹1,00,000 [...]
Indonesia, the world’s largest exporter of palm oil, had announced a ban on its exports from April 28, 2022. Oil prices are already on the boil amid the Russia -Ukraine war and this ban will push the prices of edible oils higher. While the ban will pinch the pockets of many people, the rise in [...]
