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Mphasis shares down 0.17% as Nifty gains

Updated at : 2024-06-25 13:20:01

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A total of 11,394 shares changed hands on the counter till 12:32PM (IST).

Lupin shares up 0.08% as Sensex rises

Updated at : 2024-06-25 12:25:02

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A total of 6,200 shares changed hands on the counter till 11:31AM (IST)

There are 9 smallcap stocks favored by D-Street bulls and ace investors like Ashish Kacholia, Rekha Jhunjhunwala, and Vijay Kedia. These investments have demonstrated significant profitability over the past year.

​I am sure there will be few winners but those will be extremely handful but the entire segment going up I am not sure if most of them are going to be anywhere close to these kind of valuations when the correction comes in and 80-90% correction is a huge correction, I mean jumping from 90% correction is like 10x returns that you need to generate to just recover the kind of losses.

15 companies show over 5,000% growth, turning Rs 1 lakh into Rs 50 lakh in 3 years. Diamond Power Infrastructure and Dhruva Capital Services lead with up to 84,000% returns. Expert advice urges caution and sector-specific focus for investors eyeing multibagger stocks.

InterGlobe shares fall 1.42% as Nifty gains

Updated at : 2024-06-25 12:25:02

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The stock quoted a 52-week high price of Rs 4610.0 and a 52-week low of Rs 2334.95.

​When a lot of chemical companies went through huge capacity expansion and then it is impacting the margins significantly and so maybe it is not the right time yet but there will be time but similar if you see the capacity expansion happening across many of these companies, just look at the number of QIPs which are coming and they will go through similar fate what chemical companies went through before, so one needs to be careful on that.

Budget 2024 anticipates positive impacts on various sectors, with potential benefits for consumer goods and affordable housing. The budget may include tax cuts, interest subsidy reintroduction, and stable capital gains tax policies, fostering economic growth and fiscal prudence.

Divine Power Energy, Petro Carbon and Chemicals, and Akiko Global Services are offering their shares to investors, aiming to raise funds for various purposes. The IPO market is thriving with these new issues, providing opportunities for Qualified Institutional Buyers, Retail Investors, and Non-Institutional Investors to participate in the offerings.

Amara Raja Energy partners with Gotion High-Tech for advanced cell manufacturing, accessing technology, Gigafactory facilities, and battery materials. Collaborations with InoBat strengthen LiB battery development.

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