Nifty MNC Index comprises of 30 listed companies in which the foreign promoter shareholding is over 50% (latest holding as of September 2022). These companies usually have low debt exposures. ET Markets analysed the stocks that have gained over 25% in 2022 so far.
US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business
SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI initiatives. Despite