If the overall stock market growth moderates or there is some correction, etc, or the AUM growth for let us AMCs slows down somewhat, the leverage works actually inversely also. So, at this point of time, most of the market-linked sort of ancillary companies, like you said, seem to have factored in a great amount of positivity and the valuations also reflect that.
Sensex rises! These stocks are up over 10% on BSE (28-10-2024)
In the Nifty 50 index, 38 stocks were trading in the green, while 12 stocks were trading in the red.
Stock market update: Fertilisers stocks up as market rises (28-10-2024)
The 30-share BSE Sensex was up 827.67 points at 80229.96
Titagarh Rail gains as Q2 PAT rises 20% YoY to Rs 85 cr (28-10-2024)
Titagarh Rail Systems (TSRL) added 1.04% to Rs 1,157.55 after its standalone net profit jumped 20.07% to Rs 85.12 crore in Q2 FY25 as against to Rs 70.89 crore posted in Q2 FY24.
Titagarh Rail gains after Q2 PAT rises 20% YoY to Rs 85 cr (28-10-2024)
Titagarh Rail Systems (TSRL) added 1.04% to Rs 1,157.55 after its standalone net profit jumped 20.07% to Rs 85.12 crore in Q2 FY25 as against to Rs 70.89 crore posted in Q2 FY24.
Share price of Tata Elxsi as Sensex gains 797.81 points (28-10-2024)
Promoters held 43.91 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 13.65 per cent and 2.0 per cent, respectively.
Stock market update: Nifty Pharma index 0.42% in an upbeat market (28-10-2024)
The Nifty Pharma index was trading 0.42 per cent at 22668.40.
Coal India shares tumble nearly 6% after Q2 PAT falls 22% YoY. Should you invest? (28-10-2024)
Coal India shares fell 5.6% after reporting a 22% profit decline. Analysts maintained buy ratings with revised target prices, citing challenges but a positive long-term outlook for coal demand.