Page 3 - Nucleus Software News Today

Every year on September 15th, India observes Engineers Day to honor the remarkable contributions of its...

Mahindra Rural Housing Finance, a subsidiary of Mahindra & Mahindra Financial Services Limited and one of the...

Mahindra Rural Housing finance implements Nucleus Software's FinnOne Neo to enable seamless and robust digital lending operations

Stocks to watch out for today: SBI, Varun Beverages, Bharti Airtel, Torrent Power, Cummins India, Adani Power, Zomato, Adani Enterprises and more

Holding a PhD in Physics from Cornell University, Dr. Ritika is an expert at evaluating long-term trends and...

/PRNewswire/ -- The "Debt Collection Software Market Share, Size, Trends, Industry Analysis Report, By Component, By Organization Size, By Deployment Type, By...

After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.

Infosys is down 11% this year, Wipro 1%, while TCS has risen only 1%. Tech Mahindra, HCL Tech, and MindTree have managed to gain between 11-19%, but interestingly, their upside seems dwarf in front of high double-digits to multibagger returns offered by some Tier-2 IT companies.

Thirty-three Indian stocks have more than doubled investors wealth in H1 2023. As of H1, the benchmark S&P BSE Sensex has given a 3.5% return, but a majority of the multibagger stocks identified come from the midcap and small-cap categories. Among the 33 stocks, six each are from the capital goods and information technology sectors, and over 100 stocks have beaten the benchmark by between 50-100%. Money managers recommend that investors continue to look for value buys from a long-term perspe...

Multibagger stock: Nucleus Software Exports shares, which closed at Rs 248.2 on June 23, 2020 rose to Rs 1025 in the previous session (June 23 2023), clocking 313% returns during the period. In comparison, Sensex has risen 77.76% in three years.