Chennai: Between 2019 and 2024, the top 100 wealth creating companies created a total wealth of Rs 138 trillion. While these companies created wealth at 26 per cent CAGR higher than BSE Sensex return of 14 per cent, 20 PSUs accounted for a healthy 17 per cent of the wealth created. Of this, banks and other financial companies accounted for …
Stocks to Buy: A steep correction is underway in the markets and as per Jefferies India, more than a fifth of the stocks under its coverage are trading below the June election results lows while around 30% are down more than 20% from year-to-date peaks. These include Hindustan Aeronautics Ltd, Coal India Ltd, InterGlobe Aviation Ltd, Godrej Consumer Products Ltd, …
Shivalik Bimetal Controls has proven to be a stellar investment for long-term holders, with its stock price skyrocketing by an astonishing 2271 percent over the past four years. Despite the recent volatility in the stock, brokerage house JM Financial has initiated coverage on Shivalik Bimetal Controls with a buy rating and a target price of ₹730, implying a 20 percent …
The auto sector witnessed a healthy rebound in terms of demand, supply chains, and operational costs after overcoming its numerous macro as well as sector-specific challenges. Read here: Q2 earnings review: Topline growth slows further, margins improve 2W in focus as MHCVs remain stable Positive on 2Ws and cautious on PVs: The brokerage noted that India is already witnessing a …
Global investments in the engineering and research and development sector are likely to grow at compound annual growth rate of 10% despite a downturn, forecast Bain & Company. Enterprises’ global investments in ER&D were set to rise strongly over the next five years, expanding at a CAGR of 10% up to 2026 despite uncertain economic conditions that currently prevailed in …
