In recent weeks, the railway stocks have been on a high-speed rally, surging by an impressive 80% to 90%. This remarkable ascent, however, raises questions about the sustainability of such gains and prompts a closer look at the underlying factors driving this surge. Railway Stocks Rally While the government’s increased capital expenditure and the pre-budget…
HDFC Bank crashed by 8% experienced their worst single-day fall in three years. This sudden downturn erased over 1 lakh crore rupees in market capitalization, with HDFC Bank shares contributing to more than 50% of the overall fall in Nifty and Nifty Bank. Root cause for HDFC Bank Crash The root cause of this significant…
The outlook for India’s stock market in 2024 appears optimistic, building on the strong performance seen in 2023. The past year marked a dream run for the Indian stock market, and there are high expectations for continued success in the coming year. Current bull market started in 2019 The current phase in the Indian stock…
Investing in stocks traditionally revolves around dividends and capital gains. But what if there’s a third way to earn from your stocks? Enter SLBM, the Stock Lending and Borrowing Mechanism. Imagine renting out your stocks to others and earning from it. Intrigued? Let’s delve into the world of SLBM. Stock Lending and Borrowing Mechanism SLBM…
Jyoti CNC Automation Limited specializes in manufacturing CNC machines used in producing defense sector machinery, including aircraft and helicopters. Jyoti CNC Automation – About Jyoti CNC Automation is renowned for producing Computer Numerical Control (CNC) machines that find extensive applications across the manufacturing sector, including aerospace, auto components, and general engineering. It has garnered a…
Azad Engineering manufactures high-precision tools and equipment for niche sectors like aviation, energy (oil & gas), and defense. About Azad Engineering Azad Engineering IPO details Parameter Details Total IPO Size Rs 740.00 crores Fresh Issue Rs 240.00 crores Offer for Sale Rs 500.00 crores IPO Subscription Dates December 20, 2023 – December 22, 2023 Allotment…