The Nifty 50 has fallen 9.5% from its September 2024 peak, due to FII outflows and corporate earnings concerns. In response, JM Financial has identified 39 investment opportunities across large, mid, and smallcap stocks, chosen for their 15%+ correction from 52-week highs and growth potential.
Posts in category Economic Times
Waaree’s gross margins are much higher than last quarter and even on a H1 basis: CFO (19-11-2024)
Waaree Energies is increasing production capacity and expanding into new markets. The company is focused on managing margins as prices decline. Waaree is also investing in green hydrogen and battery storage. The company plans to commission a US plant soon. Waaree will announce more details about its battery and electrolyzer plans in the coming months.
Crypto Gems: Top crypto assets to watch & buy in November 2024 (19-11-2024)
October saw a 10% Bitcoin rally, fueled by the US election and Fed rate cuts. Bitcoin is now trading above $91,000, and the overall crypto market cap has exceeded $3 trillion. Ethereum and Solana are promising Layer 1s with potential for significant returns. ETH is at a value buy point, and SOL is poised for growth. However, crypto investments involve high risk and require careful research.
Satvik Green Energy files draft papers to raise Rs 1,150 crore via IPO (19-11-2024)
Proceeds from the fresh issue will be be used to pay debt, investment in its subsidiary Saatvik Solar Industries, in the form of debt or equity for payment of borrowings, for setting up of a 4 GW solar PV module manufacturing facility in Odisha, and for general corporate purposes.
Largecaps and select smallcaps to lead market bounce: Nimesh Chandan (19-11-2024)
So, I would say not all smallcaps or midcaps are expensive. There are pockets now which have become attractive. But overall, if you look at the space, largecaps seem to have better risk reward ratio than the smallcaps and the midcaps
PSU stocks: New rules for share buyback, bonus issue, stock split and dividend (19-11-2024)
The finance ministry has updated capital restructuring guidelines for non-bank public sector enterprises (PSUs) to ensure optimal fund utilization. The revised norms for listed Central Public Sector Enterprises (CPSEs) include changes to dividend payouts, share splits, buybacks, and bonus issuances.
Share price of ICICI Lombard as Nifty (19-11-2024)
A total of 11,216 shares changed hands on the counter till 02:12PM (IST).
PSP Projects shares zoom nearly 15% on Adani buying majority stake buzz (19-11-2024)
Shares of Gujarat-based PSP Projects surged 14.5% to Rs 452.45 on the BSE following reports that the Adani Group is in talks to acquire a 60.14% majority stake in the company. The deal could trigger an open offer for an additional 26% stake from public shareholders. This move aligns with Adani Group’s broader expansion strategy across key infrastructure sectors.
Pidilite Ind shares 0.12% as Nifty gains (19-11-2024)
A total of 4,102 shares changed hands on the counter till 02:07PM (IST).
Bajaj Holdings shares 0.44 per cent in Tuesday’s trading session (19-11-2024)
The Relative Strength Index of the stock stood at 52.54 on Tuesday.