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Last month, Financial Times carried a report saying that offshore companies linked to the Adanis invested at least $2.6 billion in the group between 2017 and 2022, which is 45.4% of the more than $5.7 billion it received in total FDI over the period.

Dolly Khanna trims stake in these 3 companies in Q4

Updated at : 2023-04-10 16:25:03

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According to the latest available data on Trendlyne, ace investor Dolly Khanna has trimmed her stake in three companies in the recently ended March quarter.

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Due to absent competition, such drugs become huge cash cows for innovator companies. Titans in this space include companies like Gilead Sciences, J&J, Roche, Merck, Amgen, Pfizer, AbbVie, Novartis, and AstraZeneca, to name a few.

“It is a prudent strategy to invest a lump sum amount in certain mutual fund categories and use the returns to pay home loan EMIs, especially if the home loan rates are sub-8% p.a.”

"Banking, NBFCs, and MFIs are good places to invest as the Indian banking sector has cleaned up its books, making credit growth pick up significantly. Capital goods and power sector are well-poised for growth in the next 2-3 years with high government investment in railways, highways, and airports. Companies in the capital goods sector, despite some trading at high price-to-earnings ratios, are expected to contract PEs due to anticipated high growth in the next few quarters. Additionally, the pharma sector is expected to show strong earnings growth in the next 2-3 years."

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Out of the 15 stocks that constitute the Nifty Metal index, 12 have witnessed a negative performance in CY23, with five of them witnessing a significant decline of 10-55% in just over three months.

The monsoon had a good run for the last four years in a row so it was almost expected also that and in view of the El Nino conditions which are building up it is quite likely that the monsoon is likely to be below normal.

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In a recent exchange filing, the company said it has achieved a new milestone in offline payments with the deployment of 6.8 million Paytm payment devices like Soundbox and PoS. In just one year, the company has gone to 6.8 million devices deployed from 2.9 million devices a year ago.

Bharat Forge shares drop 0.68% as Sensex rises

Updated at : 2023-04-10 15:20:04

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The stock quoted a 52-week high of Rs 919.5 and a 52-week low of Rs 597.5.

Adani Power shares gain 1.33% as Sensex rises

Updated at : 2023-04-10 15:10:03

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The stock quoted a 52-week high of Rs 432.8 and a 52-week low of Rs 132.55.

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