The Indian stock markets, which had a roller coaster ride in 2024, produced 33 of the biggest wealth creators. These stocks have a market capitalization of Rs 5,000 crore or more and have delivered multibagger returns ranging from 315% to 104%. Among the major stocks are Trent, Zomato, PB Fintech (Policybazaar), Rail Vikas Nigam Limited…
READ MOREShares of Mazagon Dock Shipbuilders and Garden Reach Shipbuilders & Engineers (GRSE) fell by up to 4.3% on Friday after India’s $6 billion plan to build submarines met a setback because of contractor complaints over proper procedures being followed during tests at sea. While Mazagon Dock shares fell 4.4% to hit the day’s low of…
READ MOREGlobal brokerage firm JPMorgan has expressed a positive outlook on India’s defense sector as it initiated coverage on Bharat Electronics (BEL), Hindustan Aeronautics (HAL), and Mazagon Dock Shipbuilders, signaling a growth potential of up to 17%. JPMorgan highlighted the strong growth prospects in production and exports within the sector. Here is what the foreign brokerage…
READ MOREShares of PSU stocks Mazagon Dock Shipbuilders and Garden Reach ShipBuilders (GRSE) have fallen nearly 12% and 7.4% respectively in the last three days after the domestic brokerage firm ICICI Securities issued a bearish report on Thursday predicting a downside potential of up to 77%. The domestic brokerage firm had retained its sell rating for…
READ MORE