An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 7.91 lakh today. PTC Industries Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its

India’s merchandise exports contracted for the first time in two years, in October. Slowing external demand amid recession fears in the West have started impacting shipments from the country. This was further exacerbated by a higher number of holid

There could be a spanner in the wings in IHH Healthcare’s bid to acquire Fortis Healthcare, for which it has made an open offer. According to a report by The Financial Express, the Securities and Exchange Board of India (Sebi) is likely to

The feuding NRI Hinduja family could be nearing a settlement. Division of the assets of the $14-billion Hinduja Group between family members could happen by the end of November, six months after lawyers of Gopichand Hinduja, brother of family patriar

Over the past few years, India’s startup ecosystem has grown by leaps and bounds. Startups have raised millions of dollars in funding from venture capital investors, with almost 100 companies attaining the status of a ‘unicorn’ that has a valua

Considering the margin constraints that peers were experiencing, JB Pharma had a great quarter, with its overall revenue and operational EBITDA (ex-ESOP) expanding 36% and 31% YoY in 2Q, respectively. While overall revenue growth exceeded our expecta

The index closed at a new lifetime high on November 15. On Tuesday, the Bank Nifty opened above the prior bar i.e. the inside bar and thereafter, it dipped lower, but it did not breach the prior bar low as a result in formed higher high and

Shares of GSS Infotech have surged more than 300% in one year. The shares of multibagger GSS Infotech Ltd have zoomed more than 10% since its last trading session on Monday as it announced its financial results for the second quarter and half year

Insurance companies, which investment significantly in India’s capital markets, have been asked by the regulator not to make deals with brokers for trading in government securities, according to a report in The Economic Times. This, the re

Billionaire Anil Agarwal-promoted Vedanta Industries is looking to sell its subsidiary Electrosteel Steels and exit the steel business, news reports say. The development comes four years after Vedanta acquired the company, but now wants to e

Bank Nifty traded in just 266 points range and formed a bear candle as the close was lower than the open. As the price traded within the prior day's range, it led to the formation of an inside bar. The tight-range breakout did not result in a shar

An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 4.26 lakh today. Elgi Equipments Ltd, an S&P BSE 500 company, has delivered multibagger returns t