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November 6, 2024November 6, 2024 Shares of Mazagon Dock Shipbuilders Ltd soared 3% on Wednesday, 6 November, after the company announced its quarterly earnings for July-September. The company’s net profit for the quarter grew by 76% year-on-year (YoY) to Rs 585 crore for the quarter, and the revenue grew…
Avoiding Pitfalls: Key considerations before investing in momentum stocks
The urge among investors to earn faster returns leads to a search for multibagger stocks, which can quickly double or triple the investment value. The potential for such rapid price appreciation lies in the smallcap stocks that are in the growth phase of their business cycle. The P/E ratio of the Nifty Small 250 index…
Sebi has adequate mechanisms to address conflicts of interest: MoS for finance
The government said on Tuesday that capital markets regulator Sebi has “adequate internal mechanisms”, including a disclosure framework and provisions for recusal, to address issues relating to conflicts of interest. In a written reply in the Rajya Sabha, minister of state for finance Pankaj Chaudhary said the Sebi board has adopted a code on conflicts…
Federal Reserve Governor Christopher Waller Backs Stablecoins to Strengthen U.S. Dollar’s Global Role
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