Deepak Shenoy owned Capitalmind Mutual Fund crosses Rs 100 crore AUM mark in 35 days
Capitalmind Mutual Fund’s first scheme, Capitalmind Flexi Cap Fund, crossed Rs 100 crore AUM within 35 days of launch, reflecting strong investor participation, disciplined strategy, and community-driven confidence in its evidence-based wealth creation approach.
6 largecap stocks with robust RoE over 50% in FY25
Top NSE large-cap companies posted impressive ROEs in FY25, led by Interglobe Aviation at 130%, followed by Nestle India, Hindustan Zinc, Vedanta, TCS, and Britannia, reflecting strong profitability across sectors.
Smallcap tourism stock can rally up to Rs 1,800: Jefferies lists 3 reasons for upside
Jefferies calls TBO Tek’s $125 million Classic Vacations buy a “classic opportunity,” boosting its price target to Rs 1,800. The deal expands luxury travel access, strengthens synergies, and is expected to drive earnings growth.
PGIM India AMC partners with Cybrilla to bring mutual funds on ONDC platform
PGIM India Asset Management has partnered with ONDC and Cybrilla Technologies to expand mutual fund access across India. The integration aims to empower distributors, lower costs, and introduce innovative formats like daily SIPs, reinforcing PGIM’s mission of financial inclusion and democratizing investments, especially for smaller towns and rural investors.
Infosys to consider share buyback proposal on Thursday
Infosys will consider a buyback of equity shares at a meeting on September 11, 2025, following a period of underperformance where shares have fallen nearly 25% in the past year. Despite this, the company reported a 9% YoY growth in consolidated net profit for the first quarter, with revenue rising 8% YoY.
Gold price hits fresh record; jobs data among key factors behind rally
Gold prices soared to a record high of $3,636.69 an ounce on Monday, driven by soft U.S. labor data fueling expectations of a Federal Reserve interest rate cut. The anticipation of lower rates, coupled with a weaker dollar and strong central bank buying, particularly from China, has propelled gold’s impressive gains this year. Investors are […]
Gold pierces $3,600 mark as traders weigh Fed rate-cut bets
Gold prices hit a record high on Monday. This happened after weak job data in the United States. The data increased the expectation that the US Federal Reserve will cut interest rates. Spot gold increased. The rise was also driven by a weaker dollar and central bank buying. Investors are now waiting for the US […]
GMDC shares rally over 35% in September, hit fresh 52-week high intraday. What’s behind the surge?
GMDC shares surged 35.5% in September, hitting a 52-week high on strong volumes, rare earth mining optimism, and government support. Despite weaker Q1 earnings, multibagger returns, zero debt, and strategic diversification keep investors bullish, though brokerages caution over high valuations and slow lignite ramp-up.
Apollo Micro Systems shares slide 9% on profit booking
Apollo Micro Systems shares fell sharply on Monday amid profit booking after a strong rally of 62% in the past month and 175% over the last year. The stock remains technically bullish, trading above most key SMAs, with an RSI signalling short-term overbought conditions.
Tata Steel shares jump 3% to hit fresh 52-week high on strong sector tailwinds, brokerage optimism
Tata Steel shares surged to their 52-week high on Monday, banking on strong sector tailwinds, including India’s extended safeguard duty, China’s production curbs, and positive brokerage views. Morgan Stanley upgraded the stock to Overweight with a Rs 200 target, citing favourable demand and pricing trends.