Category: Stock

Dolly Khanna adds a multibagger and a smallcap in March quarter. Check details

Ace investor Dolly Khanna continued her stock-picking spree in the March quarter, adding two new names to her portfolio. She picked up a 1.30% stake in Chennai Petroleum Corporation, amounting to 19,31,724 equity shares. Alongside, Khanna also bought a 1.09% stake in Sharda Cropchem, acquiring 9,82,178 equity shares. The market capitalisation of Chennai Petroleum Corporation, […]

JM Financial wants a deep-pocketed player to acquire Swiggy. Here’s why

Arguing that Swiggy Instamart‘s current strategy risks prolonged value destruction despite a resilient food delivery franchise, domestic brokerage firm JM Financial has said that a takeover by a deeper‑pocketed internet or e‑commerce major is now the “best possible outcome” for Swiggy investors. While downgrading Swiggy to Reduce from Add, the brokerage has also slashed its […]

Adani Green, Adani Enterprises, Adani Ports shares rally up to 13%. Here are 3 reasons behind Rs 1 lakh crore surge

Adani Group stocks, including flagship Adani Enterprises, Adani Green Energy and Adani Ports, rallied up to 13% on Wednesday after billionaire Gautam Adani, India’s second richest person, moved a U.S. court seeking dismissal of the Securities and Exchange Commission’s (SEC) civil fraud case. In a related development, the US District Court granted Adani’s request for […]

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