Latest business news
Multibagger small-cap stock: RMC Switchgears, which is engaged in switchgear engineering and ECI contracts for the power distribution and transmission sector, has seen its share price rise rapidly in recent years, significantly multiplying shareholders’ wealth. Despite a sharp pullback in recent months—amid market volatility and profit booking—RMC Switchgears’ stock is still trading with a massive…
Nomura Holdings Inc. strategists upgraded Chinese stocks to a ‘tactical overweight,’ saying the trade truce between the US and China is a significant positive for the Asian nation’s equities. “These developments should reduce the US-China geopolitical risk premium that has been associated with China stocks,” strategists led by Chetan Seth wrote in a note Tuesday….
The Reserve Bank of India’s recent 25 bps repo rate cut, the second time in a row, to 6% marks a clear pivot in its monetary policy stance, as it shifts from neutral to an accommodative posture. The central bank’s focus is now increasingly tilted towards supporting growth amid global uncertainties and a decisively benign…
Multibagger Penny Stock: RDB Infrastructure and Power has witnessed a remarkable surge in its share price on Dalal Street, growing exponentially in a short span of time and establishing itself as one of the biggest wealth creators recently. The company’s stock, which was trading at just ₹1.75 apiece five years ago, has skyrocketed by an…
Global investment firm Goldman Sachs has adopted a more optimistic view on Indian financials, suggesting that the worst may be behind for the sector. In a recent report, the brokerage highlighted early signs of improvement in asset quality and operating profitability, prompting it to upgrade select banking and financial names based on earnings visibility and…
Multibagger penny stock: One of the golden rules of stock investing is to buy stocks at reasonable valuations and hold them for the long term. Top financial experts say that sticking with one’s convictions and holding a stock as long as possible is the simplest and easiest way to create wealth in the long term….
