Orienteering Financial News

Transformers & Rectifiers(India)Ltd.(up 9.76%), Inox Wind Energy Ltd.(up 8.77%), Orient Green Power Company Ltd.(up 6.52%), GE Vernova T&D India Ltd.(up 4.97%), SJVN Ltd.(up 4.57%), Voltamp Transformers Ltd.(up 4.22%), NLC India Ltd.(up 3.84%), Reliance Power Ltd.(up 3.76%), Kalpataru Projects International Ltd.(up 3.68%) and GMR Power and Urban Infra Ltd.(up 3.48%) stood among the top gainers.

Oriental Trimex Ltd.(up 5.02%), Gujarat Mineral Development Corporation Ltd.(up 1.44%), Ashapura Minechem Ltd.(up 1.25%), The Orissa Minerals Development Company Ltd.(up 0.24%), Coal India Ltd.(up 0.14%), Madhav Marbles & Granites Ltd.(up 0.05%) and NMDC Ltd.(up 0.02%) stood among the top gainers.

Rakshit Ranjan, Portfolio Manager, Marcellus Investment Managers, says in the last 8 to 10 months, they have started taking more rural exposure given that area of the economy is likely to do better. Marcellus has increased exposure to healthcare through hospitals and diagnostics. They have also increased exposure to industries where large unorganised to organised potential exists along with company-specific strengths. Finally, a high exposure to exports of products and services based on IP, is where they have increased exposure. Marcellus has also retained high quality financials, including lenders and insurers in the broader portfolio. In the last three sessions, we are seeing some good moves, good recovery coming in the market. On Wednesday, we broke above the 22,900 levels. Are we fairly priced now? The valuations are getting better as far as India is concerned. We are now trading approximately at 18.5x which is now less than the 10-year average. We are now below the 5-year historical average also. Are we really priced to perfection now? Do you see the green shoots coming back? Rakshit Ranjan: Certainly.

KIOCL Ltd.(up 5.42%), Ashapura Minechem Ltd.(up 4.99%), Gujarat Mineral Development Corporation Ltd.(up 4.63%), MOIL Ltd.(up 3.50%), NMDC Ltd.(up 3.02%), Pokarna Ltd.(up 2.67%), Madhav Marbles & Granites Ltd.(up 2.62%), Coal India Ltd.(up 1.69%), 20 Microns Ltd.(up 1.09%) and Lexus Granito(India)Ltd.(up 0.57%) stood among the top gainers.

Subscribe to enjoy similar stories. New Delhi/Mumbai: E-commerce aggregator 10Club, operated by Boxseat Ventures Pvt Ltd, is close to shutting shop, less than four years after it drew attention by raising $40 million in early-stage money in the highest seed-funding round by an Indian startup.

The Orissa Minerals Development Company Ltd.(up 7.25%), 20 Microns Ltd.(up 6.31%), Ashapura Minechem Ltd.(up 5.00%), Pokarna Ltd.(up 3.06%), NMDC Ltd.(up 2.87%), Sandur Manganese & Iron Ores Ltd.(up 2.74%), KIOCL Ltd.(up 2.26%), Aro Granite Industries Ltd.(up 2.15%), Gujarat Mineral Development Corporation Ltd.(up 2.15%) and Madhav Marbles & Granites Ltd.(up 1.86%) stood among the top gainers.

Ashapura Minechem Ltd.(up 2.42%), Pokarna Ltd.(up 2.41%), MOIL Ltd.(up 1.79%), Coal India Ltd.(up 0.96%), NMDC Ltd.(up 0.77%), Lexus Granito(India)Ltd.(up 0.53%), Aro Granite Industries Ltd.(up 0.32%), Gujarat Mineral Development Corporation Ltd.(up 0.32%) and KIOCL Ltd.(up 0.21%) were among the top gainers.

Oriental Trimex Ltd.(up 3.06%), Aro Granite Industries Ltd.(up 1.02%) and Ashapura Minechem Ltd.(up 0.46%) stood among the top gainers.

Wendy Williams successfully completed a psychological evaluation, also referred to as a capacity test, shortly after she was admitted to Lenox Hill Hospital in New York City on Monday. The former Wendy Williams Show host, 60, reportedly scored a perfect 10 out of 10 on a test that evaluated her alertness and orientation, sources told TMZ. Williams' psychological tests are expected to be sent to the judge overseeing her guardianship case. The positive results may improve her chances of being released from a financial guardianship that she has been under since 2022.

Lexus Granito(India)Ltd.(up 2.73%), Pokarna Ltd.(up 1.47%), Oriental Trimex Ltd.(up 1.36%), Aro Granite Industries Ltd.(up 1.03%) and Sandur Manganese & Iron Ores Ltd.(up 1.03%) were among the top gainers.

Concerns over high valuations continued to weigh on small and midcap stocks and there were signs of panic selling. Consider this: About 95% or 892 smallcaps failed to deliver a return excess of 1%. Meanwhile, as many as 685 stocks saw double-digit declines.

Sebi has introduced a Specialized Investment Fund (SIF) framework to bridge the gap between mutual funds (MFs) and portfolio management services (PMS) and it aims to provide sophisticated investors with more flexible investment opportunities while ensuring regulatory oversight. The new framework will be effective from April 1, 2025.

Jyoti Structures Ltd.(up 2.49%), CESC Ltd.(up 0.76%), ACME Solar Holdings Ltd.(up 0.32%) and Power Grid Corporation of India Ltd.(up 0.20%) stood among the top gainers.

Hyderabad’s real estate landscape is witnessing a remarkable surge, fuelled by the rapid expansion of IT hubs and the influx of global corporations establishing their presence in the city. While developments are underway in all around the city, the southern part of Hyderabad is gaining unparalleled attention due to its vast growth potential, particularly with the rise of India’s largest Aero city, sprawling over 1,500 acres.

Lexus Granito(India)Ltd.(up 2.35%), 20 Microns Ltd.(up 1.34%), The Orissa Minerals Development Company Ltd.(up 0.69%), Aro Granite Industries Ltd.(up 0.68%) and Pokarna Ltd.(up 0.54%) were among the top gainers.

Indowind Energy Ltd.(up 8.69%), GMR Power and Urban Infra Ltd.(up 8.28%), Ravindra Energy Ltd.(up 7.93%), Suzlon Energy Ltd.(up 6.52%), Orient Green Power Company Ltd.(up 5.47%), Jaiprakash Power Ventures Ltd.(up 5.06%), KPI Green Energy Ltd.(up 5.00%), ACME Solar Holdings Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 5.00%) and Inox Wind Ltd.(up 4.65%) were among the top gainers.

Mandarin Oriental Hong Kong is celebrating the Lunar New Year in a special way—through a cocktail menu inspired by ancient Chinese philosophy. This new offering is designed to bring meaning, culture, and flavors together in every sip.

Oriental Trimex Ltd.(up 1.52%) stood among the top gainers.

stood among the top gainers.

Subscribe to enjoy similar stories. The Centre may drop its plan to merge three general insurers and instead pick one of them for privatization this fiscal year, two people aware of the development said. The other two may be provided additional capital to strengthen their balance sheets, the people cited above said on the condition of anonymity.

risk adjusted return of mutual fund schemes, on its website on a daily basis.