Vikas Pershad and Deepika Mundra from M&G Investments outline their investment strategies, focusing on sectors such as auto ancillaries, EMS companies, and defence. They emphasize the need for profitability in investments and caution against overvalued IPOs. Long-term growth is anticipated in industrials and healthcare sectors. They also indicate sectors where an investment can double in five years.
Wagers on stronger Indian rupee grow on dovish Fed outlook, yuan rally (27-09-2024)
The rupee, alongside its Asian peers, is benefiting from a “very risk-positive set up” following the Federal Reserve’s jumbo rate cut and stimulus measures by China, Brad Bechtel, global head of foreign exchange at Jefferies, said.
SJVN shares jump around 5% after PSU inks pact with Maharashtra government (27-09-2024)
The Navratna CPSE today told exchanges that it has signed two Memorandums of Understandings (MoUs) with Maharashtra government for development of Pumped Storage Projects (PSPs) and Floating Solar Projects (FSPs) in the state.
Sensex, Nifty pare gains; European mkt opens higher (27-09-2024)
At 13:30 IST, the barometer index, the S&P BSE Sensex declined 232.68 points or 0.27% to 85,605.23. The Nifty 50 index fell 31.80 points or 0.12% to 26,184.25.
My 0.001% stock market journey (27-09-2024)
Even if you’re just at 0.001% of your stock market journey, @Shaunak, it’s important to keep an eye on the debt levels of these companies. A single change in government policies could have a significant impact on them, so be cautious.
Current D/E ratios:
- IREDA = 5.8
- NHPC = 0.84
- Tata Power = 1.66
- Adani Green = 8.65
- Hi-Green Carbon Ltd = 0.32
In my view, a D/E ratio below 0.25 is ideal, 0.5 is good, and I tend to avoid companies with ratios above 0.5.
Note: This is just one of many factors to consider when evaluating companies.
Order alert! PTC Ind to supply Titanium Castings for M777; stock rises (27-09-2024)
PTC Industries bagged an order from BAE Systems for a supply of Titanium Castings for the M777 Ultra-Lightweight Howitzer
Godrej Consumer Products Ltd slips for fifth straight session (27-09-2024)
Godrej Consumer Products Ltd is quoting at Rs 1381.95, down 2.84% on the day as on 13:19 IST on the NSE. The stock jumped 39.51% in last one year as compared to a 34.14% rally in NIFTY and a 29.06% spurt in the Nifty FMCG index.
Sanofi India Ltd drops for fifth straight session (27-09-2024)
Sanofi India Ltd is quoting at Rs 6808.35, down 1.66% on the day as on 13:19 IST on the NSE. The stock jumped 39.51% in last one year as compared to a 34.14% rally in NIFTY and a 55.84% spurt in the Nifty Pharma index.
Bharat Forge Ltd slips for fifth straight session (27-09-2024)
Bharat Forge Ltd is quoting at Rs 1526.7, down 0.12% on the day as on 13:19 IST on the NSE. The stock jumped 40.88% in last one year as compared to a 34.14% rally in NIFTY and a 71.54% spurt in the Nifty Auto index.
Varun Beverages Ltd down for fifth straight session (27-09-2024)
Varun Beverages Ltd is quoting at Rs 615, down 1.89% on the day as on 13:19 IST on the NSE. The stock jumped 40.88% in last one year as compared to a 34.14% rally in NIFTY and a 29.06% spurt in the Nifty FMCG index.