In September, at least two PMS schemes significantly outperformed benchmarks, achieving double-digit returns of up to 12%. According to data from PMS Bazaar, Pace Financial’s Tresor SKG India Value Fund was the top performer, delivering a monthly return of 12%, followed by Molecule Ventures’ Quant Fund with a return of 10.28%. Other notable winners included Sundaram’s SISOP Fund, Emkay’s Golden Decade of Growth, Wryght’s Alpha Fund, and InCred’s Healthcare Portfolio.
Hyundai Motor India IPO Off to slow start: 0.11x subscription, GMP falls 1% (15-10-2024)
Notably, Hyundai Motor India’s IPO marks the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki’s listing in 2003
I will be happy to get Hyundai on dips; won’t be in a rush to buy right now: Gurmeet Chadha (15-10-2024)
Gurmeet Chadha, CEO of Complete Circle Consultants, recommends Hyundai as a good long-term investment. He notes that there is no immediate gain from its IPO and sees better opportunities if the stock price drops. Hyundai’s strong market share and diverse product range make it a steady choice for portfolio addition.
RPP Infra Projects hits the roof on bagging order of Rs 218 cr (15-10-2024)
RPP Infra Projects was locked in upper circuit of 5% at Rs 195.85 after the company said that it has received letter of acceptance worth Rs 217.61 crore from Chief Engineer, Konkan & Project Director (EAP) Mumbai.
Markets drift lower midday as banks rise, auto stocks skid (15-10-2024)
As of 12:45 pm, the benchmark Sensex was down 174.10 points or 0.21% at 81,798.95, while the broader Nifty50 index shed 52.35 points or 0.21% to trade at 25,075.60
Havells India shares drop 0.73% as Sensex falls (15-10-2024)
A total of 2,676 shares changed hands on the counter till 01:08PM (IST)
Biocon Ltd spurts 1.41%, up for third straight session (15-10-2024)
Biocon Ltd is quoting at Rs 351.4, up 1.41% on the day as on 12:49 IST on the NSE. The stock is up 38.24% in last one year as compared to a 27.08% gain in NIFTY and a 55.7% gain in the Nifty Pharma index.
Bharat Petroleum Corporation Ltd up for third straight session (15-10-2024)
Bharat Petroleum Corporation Ltd is quoting at Rs 347.2, up 1.89% on the day as on 12:49 IST on the NSE. The stock is up 99.97% in last one year as compared to a 27.08% spurt in NIFTY and a 51.56% spurt in the Nifty Energy index.
Radico Khaitan Ltd spurts 2.28%, up for third straight session (15-10-2024)
Radico Khaitan Ltd is quoting at Rs 2233.1, up 2.28% on the day as on 12:49 IST on the NSE. The stock is up 78.09% in last one year as compared to a 27.08% spurt in NIFTY and a 19.33% spurt in the Nifty FMCG index.