Coffee Day revenues jump 59% to Rs 924 crore in 2022-23, debt drops
Cafe market witnessing healthy growth in urban areas, says chairman Ranganath
Tech View: Nifty could be in overbought zone after scaling new peak. What traders should do next week
The short-term trend of Nifty continues to be positive but given the recent run-up, traders should be prepared for correction
Promoter QSR Asia Pte sells 25.4% stake in Restaurant Brands Asia for Rs 1,494 crore
As of June end, QSR Asia held a 40.8% stake in Restaurant Brands Asia. Following the sale, it holds a 15.4% stake in the food chain operator. The buyers of the shares could not be ascertained at the time of writing this report. Recent reports said that Everstone Capital was looking at selling its entire […]
Vaibhav Jewellers sets price band of Rs 204-215 for its IPO, which opens on September 22
For the three months ended June 2023, revenue from operations stood at Rs 508.9 crore and net profit was Rs 19.24 crore. In FY23, revenue rose nearly 20% year-on-year to Rs 2,027 crore, while profit jumped 61% to Rs 71.5 crore.
41 multibaggers, 80% win rate! SME IPOs spreading FOMO among bluechip warriors
Out of the 105 SME IPOs that got listed on Dalal Street so far in the calendar year 2023, a majority 84 have given positive returns. This translates into a win rate of 80%, which means four out of every five SME IPOs made money.
Midcap Mania! 330 stocks chased by 30 midcap funds gave double-digit returns in FY24
The mutual fund industry saw about 19% of the total inflows coming into midcap funds in the said period. If we were to look at the 2023 period, then midcap funds garnered inflows worth Rs 14,444 crore, according to data shared by the Association of Mutual Funds in India (AMFI).
Chart Check: 20% rally in a month! This PSU banking stock could give multibagger returns in the next 1-2 years
Medium to long-term investors can look to buy the stock now as it could well double from current levels in the next 1-2 years, suggest experts.
Big movers on D-Street: What should investors do with NBCC, Balrampur Chini and Canara Bank?
Stocks that were in focus included names like NBCC, which rose 8.44%, Balrampur Chini Mills, which gained 5.15%, and Canara Bank, whose shares jumped 0.02% on Thursday.
Golden Crossovers: VIP Industries among 5 stocks signalling further bullishness
Stocks to buy today: 9 short-term trading ideas by experts
While Nifty50 scaled a new high of 20,167.65 on the intraday basis before settling at 20,103.10, up by 33.10 points or 0.16%, S&P BSE Sensex climbed to 67,771.05.