The pharmaceutical industry is no stranger to long-term investments in research and development (R&D). One of India’s prominent pharmaceutical companies, Wockhardt, witnessed an unprecedented stock surge, climbing fivefold due to the success of a unique molecule developed over 25 years.
Have you ever heard of a stock soaring by millions of percent in a single day? For Elcid Investments, this astonishing surge in value from ₹3.53 to ₹2,36,250 per share has rewritten Dalal Street’s history.
Recently, silver prices have soared in both domestic and international markets, fueled by strong festive season demand and notable global factors.
Tata Tele (Maharashtra) Limited (TTML), Tata Group’s telecom arm, offers a wide range of enterprise telecommunications services, both wired and wireless.
Have you been tracking the movement of Reliance Industries Ltd (RIL) shares? Monday marked a significant moment as RIL shares turned ex-bonus for its sixth and largest bonus issue in Indian history—a 1:1 issue that has doubled shareholders’ stakes. What does this mean for investors, and how has the share price shifted following this major development?
Diwali, known as the festival of lights, is also a time of cleaning and renewal. Beyond home cleaning, it’s also an opportunity to review and “clean” your investment portfolio, discarding underperforming or risky assets to pave the way for a healthier financial future.
Every year, the Indian stock market holds a special Diwali Muhurat Trading session during Laxmi Pujan, marking the start of the Hindu accounting year, Vikram Samvat. This session holds cultural and religious significance, especially among business communities such as the Marwaris and Gujaratis, who are looking to initiate new ventures or investments during auspicious times.
Samvat 2081 marks a significant period for Indian investors, signaling the start of a new financial year according to the Hindu calendar. It carries special meaning for those who follow the Indian stock market, as it aligns with Diwali, an auspicious festival. This article explores what Samvat 2081 is, why investors look up to it, and what portfolios typically comprise during this time.
Are you planning to buy a new car this festive season? If so, you might be surprised to learn that car dealerships across India are grappling with an unprecedented inventory pile-up.
The rising middle class and the increasing youth population are leading to a high demand in India’s automobile sector. The indicative index, NIFTY Auto’s yearly gains of 51.71% as of 18 October 2024, shows the sector’s growth and also reflects a growing investment opportunity in the automobile manufacturing industry.
