All stories by Deepak Korgaonkar And Puneet Wadhwa
Rakesh Jhunjhunwala's Portfolio Outperforms Markets
Rediff.com9 Jun 2023At an aggregate level, the late ace investor's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore.
Why analysts are bullish on IRCTC stock
Rediff.com7 Oct 2021Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit a new high of Rs 4,512 after surging 8 per cent on the BSE in Wednesday's intra-day trade, on the back of heavy volumes, ahead of 1:5 stock split. The trading volumes on the counter more-than-doubled today, with a combined 7.02 million equity shares having changed hands on the NSE and BSE till 11:19 am. In the past one week, the stock of the state-owned travel support services company has rallied 20 per cent after the company on September 29, 2021, said that it has fixed October 29, 2021 as the record date, to ascertain the name of shareholders entitled for subdivision/split of equity shares of Rs 10 each into five (5) equity shares of face value of Rs 2 each.
Why BSE capped the price movement of select scrips
Rediff.com13 Aug 2021The latest circular from BSE that sought to cap the price movement of select scrips, especially the mid-, small-cap segments, traded on the exchange is not without a reason. A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their market price more than double. Among individual stocks, SC Agrotech, Adinath Textiles, Waaree Renewable Technologies, Steel Strips Infrastructure, Unistar Multimedia, Texel Industries, Raja Bahadur International and Hindustan Everest Tools from the BSE's X and XT group have rallied over 500 per cent during this period. Topping the charts is Gita Renewable Energy, which has zoomed 3,964 per cent to Rs 272.35 now from Rs 6.7 as on December 31, 2020.
Small-cap index at new high; analysts advise caution
Rediff.com9 Apr 2021Shares of small-cap companies have been on a roll with the S&P BSE Small-Cap index hitting a new high in intra-day deals on Thursday. The rally has been fueled by an up move in stocks of chemicals, cement, graphite electrode makers, pharmaceuticals and information technology (IT) shares. In the past two weeks, since March 25, the index has outperformed the market by gaining 7.3 per cent. In comparison, the S&P BSE Midcap index was up 6.1 per cent, while the S&P BSE Sensex gained 3.6 per cent during the same period.
FPI inflow crosses $30 bn in FY21, highest investment in a FY since 2013
Rediff.com4 Feb 2021Thus far in FY21, BSE, NSE have rallied 70 per cent and 71 per cent, respectively.
MFs see record outflow in Oct; may turn net sellers
Rediff.com6 Nov 2020Analysts attribute this withdrawal trend to the nervousness ahead of US presidential elections and the fact that the markets raced ahead even as the economic recovery remained fragile back home.
Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors
Rediff.com30 Oct 2020The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21
Nearly 50% BSE 500 stocks underperform market since March low
Rediff.com25 Sep 2020The S&P BSE 500 index, which accounts for 94% market capitalisation of BSE listed companies, has gained 45% from its March 24 low. However, out of the BSE 500 index stocks, 225 have underperformed the index by gaining less than the broader index during this period.
Jhunjhunwala's portfolio gained Rs 2618 cr in April-July
Rediff.com22 Jul 2020Among the lot, Rallis India, Escorts, Jubilant Life Sciences, and Crisil added half of the total gains made in the ace stock-picker's portfolio.
Market crash shaves 36% off Rakesh Jhunjhunwala's holdings in 3 months
Rediff.com24 Mar 2020Titan, NCC, Delta Corp, Karur Vysya Bank, Aptech, and Jubilant Life Sciences are among stocks in Jhunjhunwala's portfolio that have taken a severe hit, falling more than 50 per cent during the period.
As IPOs succeed, investors win big on primary market
Rediff.com15 Oct 2019Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.
Nearly a quarter of listed stocks on the BSE trade below face value
Rediff.com30 Jul 2019Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
Primary market off to best start in 3 years
Rediff.com11 Apr 2019Going ahead, experts say, the fundraising trend in the primary market will depend on how the secondary market performs against the backdrop of the outcome of general elections and global cues.
Special 26: These stocks outperformed markets for 5 years
Rediff.com17 Jan 2019Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
28 companies announce buyback plans worth Rs 21,300 crore
Rediff.com21 Jun 2018While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
BSE Midcap index set for worst monthly fall in 18 months
Rediff.com1 Jun 2018The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
Hot Buys: IT, FMCG, auto, metal stocks
Rediff.com4 May 2018The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
How Rakesh Jhunjhunwala beat the market meltdown
Rediff.com12 Apr 2018How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
Bad news for Gitanjali, PNB, OBC investors
Rediff.com3 Mar 2018Few scam-related stocks regain lost glory.
PSU banks on Nifty see worst monthly fall in 2 years
Rediff.com1 Mar 2018The combined market capitalisation of the 21 listed PSU banks declined by about Rs 76,000 crore to Rs 425,800 crore during the month.