On 19th November, the Ministry of Heavy Industries reinstated the subsidy for electric three-wheelers under the PM E-Drive scheme. After the allocated budget for FY25 ran out, the government approved additional funds till FY26, benefiting around 3,20,000 advanced battery technology commercial e-three-wheelers. This government move is likely to boost the stocks of some key companies. … Read more
Large-Cap Stocks: During the market volatility, large cap stocks trading below their industry PE (Price-to-Earnings) ratio present excellent opportunities for value investors. These undervalued leaders, based on strong fundamentals and impressive business models, have the potential to offer over 20% returns in the future. Let’s take a look at 4 promising undervalued stocks. Tata Motors … Read more
Dmart, a leading retail giant in India, is currently facing significant challenges. The company’s stock prices have seen a sharp decline, and there are multiple reasons behind this. Let’s delve into DMart’s current situation, the challenges it faces, and how it can potentially recover. Dmart’s quarterly results have been disappointing. In the last quarter, its … Read more
Penny Stock: OK Play India Ltd., a leading plastic molder and toy manufacturer, has taken significant steps to strengthen its product portfolio and market presence. On November 18, 2024, the company’s shares closed at ₹11.01 per share, down 1.43% from the previous day’s ₹11.17 per share. Intraday, the stock hit a high of ₹11.05 and … Read more
The product designing sector in India is growing, with companies focusing on creating innovative, functional, and attractive products. This sector combines industrial design, engineering, and user experience to develop products that are not only useful but also stand out in the market. On November 18, 2024, Suzuki Motor Corporation and Tata Elxsi inaugurated the ‘SUZUKI-TATA … Read more
In October 2024, Mutual Funds made significant changes to their portfolios, including adding and reducing stakes in various Mid Cap stocks. During this period, stocks like Tata Chemicals, 360 One WAM, and Angel One saw increased buying, while shares in RBL Bank and CDSL were reduced. According to a report by Nuvama Wealth, here’s a … Read more
Investing in companies with order books that more than their market cap can be an attractive option for investors. This shows that the company has more contracted revenue from future orders than its current market valuation. Such scenarios are often seen in sectors like infrastructure, defense, and heavy engineering. However, investors should analyze these companies … Read more