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Rajiv Sharma

Multibagger Stock: 813% Return in 4 Years, Includes Jhunjhunwala's Investment

Multibagger Stock: 813% Return in 4 Years, Includes Jhunjhunwala’s Investment

In the ever-evolving landscape of investments and equity stakes, the recent shareholding pattern of VA Tech Wabag has captured considerable attention. The late investor Rakesh Jhunjhunwala, a notable figure in the Indian stock market, has left a significant mark through his wife’s continued involvement in the company. As we dive deeper into the shareholding dynamics ...

Rajiv Sharma

Dalmia Bharat Q2 Results: Profit down 60% in September quarter due to falling cement prices

Dalmia Bharat Q2 Results: Profit down 60% in September quarter due to falling cement prices

In the financial landscape, companies often experience fluctuations in revenue and expenditure due to various market factors. Dalmia Bharat, a prominent player in the cement industry, has recently reported its financial results for the second quarter of the fiscal year. Understanding these results provides insights not only into the company’s performance but also into the ...

Rajiv Sharma

SMPP to launch ₹4000 crore IPO, documents filed with SEBI

SMPP to launch ₹4000 crore IPO, documents filed with SEBI

The recent Initial Public Offering (IPO) of SMPP has created a significant buzz in the investment community. This IPO involves a fresh issue of shares, and the proceeds will be channelled towards establishing an ammunition manufacturing facility for its subsidiary, SMPP Ammunition Private Limited. The robust demand for defense-related products and the need for self-reliance ...

Rajiv Sharma

KEI Industries shares fell 10% due to decrease in Q2 operating margin.

KEI Industries shares fell 10% due to decrease in Q2 operating margin.

KEI Industries has showcased remarkable growth in its financial performance for the July-September 2024 quarter. The company’s consolidated net profit saw an increase to ₹154.8 crore, compared to ₹140.2 crore in the same quarter of the previous year. This growth reflects the company’s robust operational performance and effective strategic initiatives aimed at expanding its market ...

Rajiv Sharma

Vijay Kedia Portfolio: Vijay Kedia buys 1 million shares of this company, stock price rises 49% in 4 months.

Vijay Kedia Portfolio: Vijay Kedia buys 1 million shares of this company, stock price rises 49% in 4 months.

Investors often look up to successful market players to guide their own investment decisions. One such prominent investor is Vijay Kedia, whose investment moves draw considerable attention, especially among retail investors. In recent developments, Kedia has made significant changes to his portfolio, showcasing his strategic approach to navigating the dynamic stock market. This article will ...

Rajiv Sharma

SBI plans to raise 5000 crores through AT-1 bonds due to funding needs

SBI plans to raise 5000 crores through AT-1 bonds due to funding needs

The State Bank of India (SBI), the largest bank in the government sector, is planning to raise ₹5,000 crores through the issuance of Additional Tier-1 Bonds (AT-1 Bonds) next week. This move is part of the bank’s broader strategy to enhance its capital base and support its lending activities, thereby ensuring sufficient liquidity to meet ...

Rajiv Sharma

Avenue Supermarts profits up 6% in Q3, but D-Mart shares drop 9% due to this reason

Avenue Supermarts profits up 6% in Q3, but D-Mart shares drop 9% due to this reason

Avenue Supermarts, the parent company of the popular hypermarket chain D-Mart, has recently experienced significant selling pressure in its share price. Today, the shares plummeted by over 9%, marking the largest single-day decline since January 2019. While there has been some buying interest at these lower levels, the stock remains under substantial pressure, raising concerns ...