These 11 penny stocks tumbled up to 50% in just a month — are you affected?

In the past 1-month, 11 penny stocks have seen sharp declines, falling between 20% and 50%. These underperformers were identified using a targeted screening approach, focusing on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. This strategy is […]

Diagnostics company Molbio files DRHP with Sebi for an IPO

Molbio Diagnostics, a Goa-based POC diagnostics company, filed its DRHP to raise Rs 200 crore via fresh issue and 1.25 crore shares through OFS. Its patented ‘Truenat’ PCR platform enables rapid decentralized testing. FY25 revenue stood at Rs 1,020 crore, PAT Rs 138.5 crore. Promoters include Sriram family and Exxora Trading.

Selling pressure persists; FIIs offload Rs 25,564 crore worth equities in August so far

Foreign Institutional Investors (FIIs) have continued their selling trend in August, offloading equities worth ₹25,564 crore, bringing the year’s total to ₹1,57,440 crore. High valuations in India compared to other emerging markets and concerns over IT sector growth are key drivers. However, a potential rate cut by the Federal Reserve may ease the selling pressure.

Axis Securities picks HDFC Bank among 6 top conviction banking ideas. Check full list

The banking sector witnessed a mixed quarter in Q1FY26, with larger private and PSU banks managing margins better than expected, while mid-sized players and small finance banks faced sharper compression. Credit growth stood at 11% YoY, supported by retail and SME lending, though corporate credit remained sluggish due to competitive pricing pressure.Looking ahead, growth momentum […]

2 top stock recommendations from Rajesh Palviya for next week

Entering the August expiry week, Nifty faces a supply zone at 25,000–25,200, with potential consolidation above 24,800. Bank Nifty appears weaker, needing to surpass 55,500 to avoid further decline. Auto stocks, particularly Hero MotoCorp, Bajaj Auto, and Maruti, show promise amid positive sector trends. Cipla and Maruti are recommended buys, targeting 1,650 and 14,800–15,000 respectively.

‘Your funeral won’t have 10 followers’: Investor owning 1 share stuns microcap AGM

A GKB Ophthalmics virtual AGM turned explosive when a shareholder, owning just one share, fiercely criticized the management’s performance and governance. Abhishek Kalra questioned Managing Director Krishna Gopal Gupta’s credentials and demanded his resignation within ten days, citing poor returns. Gupta’s exasperated response about Kalra’s minimal stake further fueled the online frenzy, highlighting the company’s […]