Jhunjhunwala’s sold 0.62 per cent stake & FIIs sold 0.64 per cent stake: Board announces stock split; Record Date – May 15, 2024
Jhunjhunwala’s sold 0.62 per cent stake & FIIs sold 0.64 per cent stake: Board announces stock split; Record Date – May 15, 2024
The stock gave multibagger returns of 360 per cent in just 3 years whereas BSE Sensex Index is up by 53 per cent.
The company has a market cap of over Rs 1,00,000 crore and has delivered good profit growth of 37 per cent CAGR over the last 5 years.
Rakesh Jhunjhunwala’s portfolio sold 1,12,80,200 shares & FIIs sold 1,15,08,343 shares of this multibagger PSU bank stock; 5:1 stock split upcoming!
The stock gave multibagger returns of 118 per cent in just 1 year whereas BSE Sensex Index is up by 25 per cent.
The stock is providing a good dividend yield of 2.17 per cent.
“Fixed income markets generally do well in falling interest rate scenarios”
With the current sentiment in the fixed income markets being positive, Avnish Jain, Head (Fixed Income), Canara Robeco Mutual Fund, explains in this interview the various factors that come into play and how investors should tick off certain salient points to make the most of their investments.
Interview with Avnish Jain, Head (Fixed Income), Canara Robeco Mutual Fund
Rakesh Jhunjhunwala’s portfolio multibagger stock & FIIs bought 1,85,41,695 shares; Board announces 5:1 stock split!
The stock gave multibagger returns of 115 per cent in just 1 year whereas BSE Sensex Index is up by 22 per cent.
The stock gave multibagger returns of 115 per cent in just 1 year whereas BSE Sensex Index is up by 22 per cent.
Rakesh Jhunjhunwala’s portfolio multibagger stock & FIIs increase stake; Board likely to announce stock split – scrip hit 52-week high!
This company has given investors significant returns of over 250 per cent in the past 3 years.
The company has a market cap of over Rs 1,00,000 crore and has delivered good profit growth of 37 per cent CAGR over the last 5 years.
Rakesh Jhunjhunwala’s portfolio gains Rs 78,39,09,960 in just 1 day from this multibagger PSU stock; stock hit 52-week high on stellar results!
This company has given investors significant returns of over 330 per cent in the past 3 years.
This company has given investors significant returns of over 330 per cent in the past 3 years.
Top 5 Undervalued PSU Stocks: High Growth in Earnings, Generous Dividend Yield, and Very Low PE
A handful of these unsung heroes from the PSU sector emerged as stars, showcasing remarkable earnings growth, all while being accompanied by a low Price-to-Earnings (P/E) ratio and generous dividend yields
Little did anyone anticipate the surprising turn of events on August 10, 2023, when Prime Minister Narendra Modi, amidst a spirited debate on a no-confidence motion, playfully suggested that stock market enthusiasts should explore the world of PSUs. Fast forward, and the PSU stocks embarked on a captivating journey akin to a fairy tale.
Stocks below Rs 100: Only buyers seen in these scrips on October 17
The FIIs have sold equity worth Rs 1011.23 crore on Friday (October 14) while the DIIs have bought equity worth a net of worth Rs 1624.13 crore.
At noon on Monday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher amidst extreme volatility & recession fears.
On the other hand, Asia Pacific markets are seen giving mixed signals with Japan’s Nikkei 225 trading lower by 1.16 per cent while Shanghai climbing 0.29 per cent.
Nifty PSU Bank soared 28 per cent on YTD basis; find high dividend yield-paying PSU bank stocks here!
Valuations look enticing as most PSU banks trade below their book value. Banks are now reasonably capitalised and credit growth should accelerate.
PSU banks are an attractive play on the growing Indian economy as these banks have strengthened their balance sheet by fully providing for stressed accounts. The focus on improving underwriting practices is reflected in controlled slippages.
Four PSU bank stocks turn multibaggers in the last two years; Indian Bank gained the most!
Credit growth has improved from its historically low levels in recent years. Earnings growth is strongly supported by a healthy recovery from bad debt.
Interestingly, 10 out of 13 stocks managed to deliver positive returns in the last two years. Now, here comes the most fascinating thing which would leave everyone spellbound and it's the fact that not one or two stocks but as many as four stocks have turned into multi-baggers!
Overnight Digest: Stocks to keep an eye on August 25
Watch out for these stocks on Thursday's trading session.
On Wednesday, Sensex ended at 59,085.43, up by 0.09 per cent while Nifty 50 ended higher by 0.16 per cent at the 17,604.95 level.
Media, telecom, realty, and private bank stocks were seen gaining whereas IT, pharma & auto stocks were moot on the bourses today.
This PSU bank stock jumps 8 per cent; know whats interest-ing here!
The volume recorded for the day is the highest single-day volume in the last two months.
It is not a usual sight to see a backbencher topping the class but this actually took place on D-Street on Thursday. The backbencher sector is none other than Nifty PSU Bank