Parents, who were happy with fixed deposits, are being tutored by children on other investment options. Investors, young and old, must be aware of the risks. Sridharan S, founder of investment adviser Wealth Ladder Direct, recalls a PSU banker, who watched his children make enormous profits from stocks during the Covid-time boom. When he decided to take the plunge, he ended up losing most of his retirement corpus.
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.