A high EV to MCAP ratio suggests increased financial risk. Five Nifty 500 companies have a high EV to MCAP ratio, indicating potential financial risks and valuation concerns.
Amicus Capital invests Rs 125 crore in Equirus Group for growth and tech upgrades (11-10-2024)
Amicus Capital and other investors have invested Rs 125 crore in Equirus Group. Federal Bank partially exited, and several individual shareholders also sold their stakes. The investment aims to modernize Equirus’ technology and expand its business in various financial services like investment banking, wealth management, and insurance broking.
Tech Alert: This largecap auto stock is testing its key DMA after 17 months (11-10-2024)
Hero MotoCorp stock so far on 5 occasions has successfully managed to hold the 100-DMA support, since the breakout in May 2023. Will it be sixth-time lucky too? Check upside, downside potential here.
Cummins India shares fall 5.28 per cent in Friday’s trading session (11-10-2024)
The Relative Strength Index of the stock stood at 40.8 on Friday.
Why Hyundai India’s GMP crashed 76% even as market awaits India’s biggest IPO (11-10-2024)
The GMP for Hyundai India is declining ahead of the IPO opening next week, with shares currently commanding a GMP of approximately Rs 139, reflecting a marginal premium of 7% over the issue price. The IPO consists of a complete OFS of 14.2 crore shares by the Korean parent company, priced between Rs 1,865 and Rs 1,960. At the upper end of this range, Hyundai India is valued at Rs 1.6 lakh crore.
Noel Tata likely appointed as Tata Trusts Chair; Group stocks trade mixed (11-10-2024)
Noel Tata Chairman Tata Trusts: At 1:44 PM, Trent share price was ruling 2.8 per cent higher, Tata Chemicals share price was up 2.35 per cent, Tata Steel 0.7 per cent, and Tata Motors 0.17 per cent
My 0.001% stock market journey (11-10-2024)
Thank you for sharing your valuable insights.
I do SIPs in stocks where I don’t want to take too much risk at the moment. So I keep buying in small amounts. When I am confident about a SIP stock, I put it in the long term portfolio and increase the investment.
I do not do swing or short term trading, so whatever stocks are in my passive portfolio, I hold them for at least 1-2 year.
I call it a passive portfolio because from my point of view, any income I earn apart from my main income source is passive income for me. I could be wrong, but I don’t want to create too much confusion about money.
Share price of HDFC AMC jumps as Sensex drops 220.43 points (11-10-2024)
A total of 4,421 shares changed hands on the counter till 02:04PM (IST)