DSIJ Mindshare

Market Wrap: Benchmark indices close on a lower note while Nifty PSU Bank was the top gainer!

On August 10, foreign institutional investors (FII) bought shares worth Rs 331.22 crore, while domestic institutional investors (DII) purchased shares worth Rs 703.72 crore.

Siddharth Mane 0 1187 Article rating: 4.5

The GIFT Nifty points to a slightly optimistic opening for the benchmark indices, showing a 16-point gain. This follows the Nifty's 89-point drop to 19,543 points on August 10. GIFT Nifty futures are at 19,556 points.

600 per cent returns: This multibagger small-cap company reports a 78 per cent jump in net profit and receives government tenders!

The stock gave multibagger returns of 600 per cent in 3 years whereas NSE Nifty-50 Index is up by 71 per cent.

Kiran Shroff 0 4085 Article rating: 3.2

In the financial year 2022-2023, the company conducted a stock split, reducing the share value from Rs 10 to Rs 1, with a record date set on March 17, 2023. The net sales increased by 27 per cent to Rs 2,385.85 crore, EBITDA increased by 3 per cent to Rs 103.21 crore and PAT decreased by 6 per cent to Rs 37.79 crore in FY23 over FY22.

Multibagger in just 1 year: This micro-cap IT company reports a 127 per cent jump in net sales; do you own it?

The stock gave multibagger returns of 154 per cent in just 1 year and over 600 per cent in 5 years.

Kiran Shroff 0 5224 Article rating: 3.8

In the previous financial year, the company announced a final dividend of 0.025 per equity share and stock split from a face value of Rs 10 to a face value of Rs 5. The record date for the dividend was September 22, 2022 and the record date for the stock split was November 25, 2022.   

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

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