This multibagger smallcap NBFC stock has left Bajaj Finance in the dust by gaining over 300 per cent
This multibagger smallcap NBFC stock has left Bajaj Finance in the dust by gaining over 300 per cent
This stock has been a shining star among the NBFC sector, skyrocketing nearly 325 per cent in the last five years!
Back in March 2018, the stock was quoted at a modest Rs 313.25 per share, but today it is trading at a staggering Rs 1331.90 per share. If you had invested Rs 1,00,000 in 2018, you would have received 319 shares. Fast forward to today, and the value of those shares would be a whopping Rs 4,24,908! That's an incredible return on investment that any investor would be thrilled about.
Explained: How is inflation measured?
Inflation indicators are crucial tools for policymakers, investors, and consumers as they monitor and measure inflationary pressures in the economy.
Inflation is the rate at which an economy's overall price level of goods and services increases over time.
Don’t miss action in this penny stock as net profit jumps 46 per cent; company witnesses record merchant additions in Q3!
CCAvenue’s India Payments alone recorded 385 per cent YoY growth in total number of merchants.
Go Payments subsidiary turns EBITDA breakeven; company increases stake further. It has received in-principle approval to operate as Payment Aggregator and perpetual Bill Payments license from RBI.
Explained: Monetary Policy in India
Monetary policy is the activities governed by the central bank that aim to influence the management of the money supply and the interest rates in the country.
Monetary policy is the activities governed by the central bank that aim to influence the management of the money supply and the interest rates in the country.
Shares below Rs 100: Only buyers were seen in these stocks on December 07!
Nitco Ltd, Kanani Industries and Raj Television Network were the top low-priced gainers on the BSE that locked at 20 per cent upper circuits.
Nitco Ltd, Kanani Industries and Raj Television Network were the top low-priced gainers on the BSE that locked at 20 per cent upper circuits.
Watch out for these penny stocks locked in the upper circuit on December 07
RBI raised the repo rate by 35 basis points to 6.25 per cent, with the GDP forecast cut, the RBI governor kept the inflation forecast steady.
There was no signal that the rate hike cycle is coming to an end from the RBI governor.
Despite all odds, these IT sector multibaggers have skyrocketed up to 888 per cent so far this year!
Here is a list of the top IT sector multi-baggers that have more than doubled investors' wealth!
Here is a list of the top IT sector multi-baggers that have more than doubled investors' wealth!
The rise and fall of the rupee: Factors which influence the movement
Let's look at how factors like interest rate hikes, imports and exports, employment, and foreign exchange reserves affect the rupee's movement.
Let's look at how factors like interest rate hikes, imports and exports, employment, and foreign exchange reserves affect the rupee's movement.
Industry welcomes RBIs CBDC project to launch India's digital currency
One of the key developments in the financial world is the introduction of Central Bank Digital Currencies (CBDCs)
Considering it is governed by a central authority, the volatility risk associated with other digital currencies such as bitcoin is not there while transacting and tracking the transactions will become easier for the government and users alike
This underdog bank outperformed its competitors, returning over 80 per cent returns year-to-date! Do you own it?
In the first quarter of FY23, the bank had exceptional growth of over 110 per cent, making a net profit of Rs 228.75 crore as opposed to Rs 108.87 crore in the same period of FY22.
In the first quarter of FY23, the bank had exceptional growth of over 110 per cent, making a net profit of Rs 228.75 crore as opposed to Rs 108.87 crore in the same period of FY22.
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.
How do higher interest rates contribute to the fight against inflation?
The idea is that people will spend less if borrowing money or carrying a balance on a credit card costs more.
The idea is that people will spend less if borrowing money or carrying a balance on a credit card costs more.