Tata Mutual Funds managed by Tata Asset Management Limited is a prominent asset management company in India, that offers a range of investment options to investors through mutual funds to invest in equity, debt, hybrid, and other financial instruments tailored to different risk appetites and financial goals Market leader/Monopoly stocks refer to shares of companies [...]
Tata Mutual Funds managed by Tata Asset Management Limited is a prominent asset management company in India, that offers a range of investment options to investors through mutual funds to invest in equity, debt, hybrid, and other financial instruments tailored to different risk appetites and financial goals As per corporate shareholdings filed for June 30, [...]
Nikhil Kamath is a prominent Indian entrepreneur, widely recognized as the co-founder of Zerodha, India's largest discount brokerage firm. Zerodha started in 2010, transformed the Indian brokerage industry by pioneering a discount brokerage model that drastically lowered trading costs for retail investors. Today, the firm serves over 10 million clients, establishing itself as a leader [...]
The shares of one of India's leading liquor manufacturers opened in green on tuesday’s trading session at a price of Rs 1,709.65 per share. Radico Khaitan Limited is among the oldest and largest manufacturers of IMFL in India. Radico Khaitan manufactures industrial alcohol, Indian Foreign Liquor (IMFL), country liquor, and fertilizers in india. Some of [...]
Alcohol stock engaged in the business of manufacturing alcohol and alcoholic products such as Indian-made foreign liquor and country liquor jumped 3 percent in the day’s trade upon posting its Q4FY24 results with a 28 percent jump in Net Profits. With a market capitalization of Rs. 22,055 Crores, the shares of Radico Khaitan Limited were [...]
Alcohol revenues represent 1.2 percent of India's nominal GDP, 7.7 percent of the total tax collection, and 11.7 percent of the nation's indirect tax revenue. Here are some of the alcohol stocks in which the Mutual Fund companies have increased their holding stake in Q3FY24 which indicates that they are positive and confident about the [...]
On Wednesday, the stock of one of India's leading liquor manufacturers experienced a 4.3% surge, reaching an intraday peak of ₹1,795 per share. This uptick was fueled by the company's impressive 30% Year-on-Year growth in net profit. At 12:30 p.m., Radico Khaitan Ltd shares were trading at ₹1,750 per share, up 1.69% from the previous [...]
The Goods and Services Tax (GST) Council recently tweeted that they will meet on 7th October 2023 for the purpose of discussing some pending reforms. One of the points on the agenda is with respect to the ‘Molasses’ wherein the Council is likely to reduce the GST from 28 percent to 5 percent. Listed below [...]
Retail investors regularly monitor mutual fund investments in the market because they make sizable sums of investments that have the potential to impact changes in stock prices. Additionally, since it can be challenging for regular investors to discover all important information about a company, they frequently follow the activities of institutional funds, particularly mutual funds, [...]
Som Distilleries and Breweries has informed the bourses that they have entered into a contract manufacturing arrangement with Radico Khaitan Limited for the manufacturing of their IMFL (Indian Made Foreign Liquor) and Ready to Drink brands at their plant at Hassan, Karnataka. They added that it will lead to better utilization of their IMFL facility. [...]
