A propped-up valuation gives a rosy picture of the portfolio to a fund’s investors and paves the way for the fund manager to attract more money from new as well as old investors when it goes for the next round of fund-raising.
Deven Choksey is optimistic about investing in the metal sector due to stable energy prices and rising consumption. He also sees opportunities in some NBFCs
Shares of Jyoti Structures skyrocketed by 10% after investor Ashish Kacholia acquired a 2.52% stake. Showing notable growth, the stock has risen 91% over the
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