Ashish Kacholia’s portfolio drops 12% since September quarter; adds 7 new stocks in Q2
Ace investor Ashish Kacholia’s portfolio witnessed a 12% correction since the quarter ended September 2024. The portfolio value declined from Rs 3,498.5 crore at the end of Q2FY25 to Rs 3,078.9 crore as of 30th November 2024, according to data from Trendlyne. Meanwhile, in the September quarter, Kacholia added seven new stocks to his portfolio,…
READ MOREEmami Realty to invest Rs 10,000 crore in 7 years, to expand realty portfolio
Bengaluru: Kolkata-headquartered Emami Realty, a key segment of the diversified Emami Group, plans to invest Rs 10,000 crore over the next seven years to expand its real estate portfolio. The company aims to construct approximately 22 million square feet of residential and commercial space across major urban centers in India. “This expansion initiative is projected…
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Economic recession strategies: Protecting your portfolio during downturns
Economic recessions are frequently seen as a difficult period for investors because they are an unavoidable feature of the global financial system. They bring up tremendous market volatility and change. Financial markets become more volatile when the global economy contracts and portfolio values can change dramatically. While this is unfortunate, it is equally critical to…
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Tech Mahindra shares jump 4% after Q2 PAT jumps 153%. Here’s what brokerages say
Shares of IT company Tech Mahindra today surged 4% in an intraday session to their new 52-week high of Rs 1,761.30 after the company on Saturday reported a 153.1% year-on-year (YoY) to Rs 1,250 crore for the second quarter, while its revenue rose by 3.5% YoY to Rs 13,313 crore in the said quarter. On…
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FPIs invest Rs 11,000 cr in equities in 1st week of September
Foreign investors infused nearly ₹11,000 crore in domestic equities in the first week of the month owing to resilience of the Indian market and expectations of rate cut in the US. Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they had pulled out funds to the tune of ₹34,252 crore…
READ MOREHiranandani’s Greenbase to develop industrial, logistics parks on 391 acres in Chennai
Greenbase Industrial and Logistics Parks, realty major Hiranandani Group and US-based private equity firm Blackstone Group’s joint venture, is set to acquire three land parcels spread over 211 acres across Southwest Chennai’s Oragadam area and in North Chennai, said a top official of the company.This land acquisition is expected to take the company’s total land…
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