Shares of JSW Steel rose over 3% to Rs 1,224 after the company reported a 307% YoY surge in Q2 profit to Rs 1,646 crore, driven by higher volumes and lower input costs. Adjusted EBITDA jumped 39% YoY, while exports nearly doubled. Despite strong operational performance, InCred maintained a Reduce rating, citing stretched valuations and leverage concerns.
Mutual fund SIPs did better than lumpsum across 5 equity categories in 2 years. Check details
Over two years, SIPs outperformed lump-sum investments across equity fund categories, with the gap widest in smallcap funds. SIPs delivered positive average returns even where