Latest Stock Market News

Brent crude and US West Texas Intermediate (WTI) crude futures traded above $90 and $87 per barrel, respectively.

“With the new business model in the product categories that Tata Consumer has entered into, there is a steady growth. So, valuation-wise, it is looking a bit stretched. But it is delivering in terms of earnings. For somebody who wants to hold a core portfolio, this is a great stock to have.”

Thanks to higher GDP growth, the per capita income of all Indians increased, and we experience the same trend we have seen with all developed economies.

The exceptionally huge interest in SME IPOs comes even as mainboard offers are doing well and also despite the inherent risks associated with this segment, such as limited disclosure and lack of liquidity.

The multibagger stock which has a market capitalisation of Rs 14,282.65 crore has given returns of over 170% in the past 12 months, significantly outperforming the Nifty which has returned over 11% during this period.

So far in the current financial year, all the listed new-age consumer tech stocks have given double-digit returns, and stocks like Zomato look set to turn a multibagger soon.

The Nifty Auto index was trading 0.23 per cent up at 15958.5.

Rate this item

(1 Vote)

Global Health, incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 18655.31 Crore) operating in Hospitals & Allied Services sector.

“From our perspective and that is what our portfolios reflect, pharma, telecom, media and bottom up ideas across the auto components, even in infrastructure companies like airports, ports, are where we see good opportunities for at least next one to three years. These companies are very well poised and are also available at a reasonable price”

"Price is just one of the many levers that drive demand for a paint brand in the Indian market. We are closely watching crude prices which we believe will largely hold in the medium term. We therefore do not anticipate having to take price hikes on account of crude. However, any uncharacteristic movement on account of global events may require recalibration of our prices."

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.