Shares of the state-owned Coal India may remain in the spotlight today as the stock will start trading on an ex-dividend basis from tomorrow, i,e. January 31, which was fixed as the record date for determining the shareholder eligibility by the company. “The Board of Directors at its meeting held on date has inter alia,…
READ MORESynopsis Not only at the individual stock level, but also at the index level, using the PE ratio as the anchor for your investing decisions is best avoided. Consider this: At the end of calendar year 2020, the price to earning (PE) ratio of Nifty was at 37; today it is just above 22. So,…
READ MORESynopsis Stock price and dividend yields have an inverse relationship. But before this inverse relationship kicks in, there is a level of equilibrium. Now this equilibrium level is subjective, and moves in tandem with the risk-free interest rate which an FD provides. Now, there is another equilibrium level which mathematical equations don’t solve. Consider stocks…
READ MORESynopsis There are many MF schemes – maybe not those headed by star fund managers – whose stated objective at the time of the new fund offering (NFO) is clear: To invest in stocks with a certain dividend yield. In a bull market, these MFs may find it difficult to buy such stocks. But as…
READ MORESynopsis It is after a long time that we are seeing corrections in absolute terms. Also, it is rare for the Indian markets not to be in step as global markets rise. On Monday, and also on last Friday, there were minor intra-day upmoves by the Nifty. But these were followed by sudden, sharp selling…
READ MORESynopsis To some our headline may appear confusing. When investing is all about the long-term, why even think of a tactical approach? But given that valuations are high or even in bubble territory, it’s best to be tactical when pumping fresh money into the market. When we say tactical, what we mean is: Consider sectors…
READ MOREShares of state-owned Coal India (CIL) fell by 4% to a low of Rs 500.70 on the BSE on Wednesday after the company posted sales volumes of 52.1mt on Monday, down 12% YoY. Domestic brokerages like Nuvama and JM Financial are still optimistic about the stock because a few dips do not change the future….
READ MOREShares of the state-owned Coal India on Thursday rallied 3% to its fresh 52-week high of Rs 539.90 after the company reported 4% year-on-year (YoY) growth in its consolidated net profit to Rs 10,959 crore for the quarter ended June 2024. Revenue from operations during the April-June 2024 period was up marginally to Rs 36,465…
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