As we are about to enter the second half of FY23, we analysed the previous top performing stocks of the second half of the last two fiscals. To examine, we kept only those stocks that have doubled wealth in the second half of the last two fiscal years (2HFY20 and 2HFY21). Further, we picked only stocks with a market cap of Rs 500 crore and exclude companies that made losses in any of the last 2 fiscal years. Interestingly, 7 stocks have made the cut. (Data Source: ACE Equity.)
LIC won’t sell stake in NSE IPO OFS, betting on exchange’s long-term potential
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange’s IPO. LIC holds a significant 10.7% stake in NSE. The