Missed the bus? 11 penny stocks that delivered 10,000%+ gains
Eleven penny stocks have delivered over 10,000% returns since May 2021, transforming Rs 1 lakh into over Rs 21 crore for some investors. These rallies were fueled by sectors like power, defence, and infrastructure, alongside a surge in retail participation. However, experts caution about the extreme risks associated with these volatile, thinly traded stocks.
Laurence Balanco flags 5% downside risk for Nifty amid global yield surge
Global financial markets are experiencing a risk-off shift driven by rising sovereign bond yields, impacting equities and commodities. Market strategist Laurence Balanco notes that bond yields, not oil, are now the primary risk signal, tightening liquidity and pressuring risk assets. This trend is particularly evident in technology and semiconductors, with potential downside risks emerging as […]
Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%
Smallcap and midcap stocks came under pressure on Wednesday as broader markets weakened amid a record low rupee, elevated bond yields, and cautious investor sentiment. Several stocks across sectors declined sharply after earnings and valuation concerns, while rising inflationary pressures fuelled worries over possible earnings downgrades for Q1FY27.
Mankind, other pharma stocks rally up to 7%; Nifty Pharma scales fresh peak. What lies ahead?
Pharma stocks surged on Wednesday, supported by strong earnings and a weakening rupee, even as Sensex and Nifty traded lower. The Nifty Pharma index rebounded from early losses to rise nearly 1%, crossing the 25,000 mark and hitting a fresh 52-week high of 25,043.
GE Vernova T&D India shares jump 8% after Q4 profit surges 89% YoY to Rs 352 crore
GE Vernova T&D India shares jumped after the company posted a strong Q4FY26 performance. Net profit surged 89% year-on-year to Rs 352 crore, while revenue rose 42% to Rs 1,640 crore. EBITDA also climbed 77% to Rs 440 crore, supported by robust operational growth and strong order inflows.
BPCL shares fall 2% despite 28% YoY jump in Q4 net profit to Rs ,5625 crore
Bharat Petroleum Corporation shares slipped despite the company reporting a 28% year-on-year rise in Q4FY26 consolidated net profit to Rs 5,625 crore. Revenue from operations increased 6.3% to Rs 1.35 lakh crore during the quarter.
Oil prices and dollar hold key to EM flows: Manpreet Gill
Global bond yields are climbing, prompting investors to re-evaluate market risks. This rise pressures equities, particularly those in the artificial intelligence sector. Experts note markets are reacting to inflation worries and oil price impacts. Investors are also adjusting to new leadership at the US Federal Reserve. This shift suggests a broadening of equity exposure beyond […]
Multibagger Apollo Micro Systems shares soar 19% in two sessions. What’s behind the sharp rise?
Apollo Micro Systems shares surged to a record high. The defence firm reported a 163% jump in Q4 net profit and 81% revenue growth. Full-year profit rose 90% and revenue increased 61%. The company’s order book stands at Rs 1,432 crore. Managing Director called FY26 a breakthrough year driven by acquisitions and new licenses.
PI Industries shares tumble 7% after Q4 profit drops 39% YoY to Rs 200 crore
PI Industries shares fell sharply on Wednesday after the company reported a 39% YoY drop in Q4FY26 net profit to Rs 200 crore, along with weaker revenue and EBITDA. FY26 performance also softened, though the board recommended a high final dividend. Weak technicals and declining institutional holding added to investor concerns.
Zydus Lifesciences shares soar 7% to fresh record high after Q4 results. Should you buy, sell or hold?
Zydus Lifesciences shares climbed to a new 52-week high. The company reported a 9% rise in net profit and over 16% revenue growth for the January-March quarter. A Rs 1,100 crore share buyback was announced. Analysts from Nomura, Nuvama, Motilal Oswal, and JM Financial shared their views on the company’s performance and future prospects.