Stock Market
Bharat Electronics Limited (BEL), one of India’s leading defence public sector undertakings, has become a headline grabber as its stock trades at a 263% premium to its historical valuations, raising critical questions about whether investors should continue buying the counter despite its remarkable rally. BEL: A Consistent Wealth Creator In Defence PSU Space Established in…
Indian gaming and esports markets witnessed a major development as a stock backed by Zerodha co-founder Nikhil Kamath surged sharply following the announcement of its 92.3% stake acquisition in AFK Gaming, a leading esports media platform. The deal reflects Kamath’s increasing interest in India’s rapidly expanding gaming ecosystem and the strategic growth of esports investments…
In a landmark development reflecting India’s rapid retail financialisation, Gujarat has emerged as the third state in the country to cross the 1 crore active stock market investors milestone. This major achievement underlines the growing equity culture in the western state, historically known for its entrepreneurial spirit, trading tradition, and financial prudence. Gujarat Joins Maharashtra…
Shares of Kalpataru Projects International Ltd (KPIL) surged over 4% intraday on Monday after the company announced that it had secured new orders worth Rs 989 crore across its Transmission & Distribution (T&D) and Buildings & Factories (B&F) business segments. The announcement boosted investor sentiment as analysts see this as a clear indication of strong…
Two of ace investor Radhakishan Damani’s marquee portfolio stocks – Trent Ltd and VST Industries – have plunged nearly 55% from their all-time highs, triggering concerns among retail investors about their future prospects. Both companies have been among his top long-term bets, with consistent value unlocking stories over the past decade. This correction comes amid…
In a significant development for small-cap investors, [Company Name – Insert Actual Penny Stock When Officially Declared], a penny stock listed on NSE and BSE, is set to be in focus on Wednesday after it announced a strategic capital expenditure (capex) expansion plan along with cost-saving initiatives to enhance operational efficiency and margins. The company’s…
Global brokerage Citi has issued a cautionary note on a prominent public sector undertaking (PSU) stock, highlighting risks of up to 12% downside amid stretched valuations and potential price reductions in its key product segments. This comes even as Indian equities remain buoyant at record highs in June-July 2025, raising valuation concerns for select sectors….
HDB Financial Services Ltd, the non-banking financial subsidiary of HDFC Bank, made a robust debut on Indian stock exchanges today, listing at a 13% premium to its issue price, reflecting strong investor demand for quality NBFCs with a diversified retail lending portfolio. The stock opened at Rs 1,243 on NSE against the issue price of…
Paytm’s dramatic journey in 2025 continues to test investors’ nerves. After delivering a stunning 164% rally in 2024, shares of One97 Communications Ltd (Paytm) have slipped ~9% in the first half of calendar year 2025 (H1CY25) amid regulatory clampdowns, merchant base disruptions, and muted revenue guidance. As H2 approaches, investors are asking – will it…
India’s equity markets witnessed sharp profit booking in newly listed shares on Tuesday, with Kalpataru Projects International, Globe Civil Projects, and Ellenbarrie Industrial Gases falling up to 5% intraday. The correction comes after a strong debut rally driven by robust subscription demand, reflecting the common pattern of early listing volatility as investors book gains. Market…
